A novel report released recently by Reports & Insights makes mention of precise and detailed market information, its background and methodology, a synopsis of theoretical structure and rational approach of the Plant-Based Fish Market, as well as the statistics implicated in the development of the respective market during the forecast period of 2022-2030. The report is titled “Plant-Based Fish Market: Opportunity Analysis and Future Assessment 2022-2030”, in which the base year considered for the study is 2020, and the market size is projected from 2022 to 2030. The market analysts estimate that the Plant-Based Fish Market size will elevate from XXX in 2019 to XXX by the year 2025, at an estimated CAGR of XX. Furthermore, the report also includes the data associated with the market size, segmentation, textual & graphical assessment of the global market growth trends over the forecast period of 2022 to 2030. In closing, the report talks thoroughly about the leading players competing in the market for the interest of its readers.
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Plant-Based Fish Introduction
Plant-based seafood alludes to a seafood-like vegan substitute with corresponding texture, color, flavor, and appearance. It is by and large developed by blending plant protein isolates, starch, soy, edible oils, vegetable extracts, and other seasonings. These raw materials are further refined and processed with coloring agents and additives to achieve texture and flavor akin to shrimps, fish, crabs, and much more. Plant-based seafood products are environmentally sustainable as they further assist in cutting back the heavy consumption of seafood, and thus alleviating pressures on the exhausting fisheries all around the world. Owing to which, the plant-based seafood is gaining enormous traction in the past few years as vegetarian and vegan alternatives have turned out to be more appetizing and nearer in texture as well as taste to the actual meat.
In the similar manner, the plant-based tuna, caviar, salmon, squid, scallops, shrimp and crabs have already arrived in the market and are observing enormous growth in the past couple of years. The increased inclination towards vegetarian and vegan lifestyle among the population, due to deepening environmental concerns, swift exhaustion of worldwide fish stocks, and combining health issues related to extreme consumption of meat, is majorly driving the growth of the global plant-based fish market.
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Plant-Based Fish Market Segmentation
The global plant-based fish market is segmented on the basis of source, ingredients, form, application, and region.
By Source
- Corn
- Rice
- Wheat
- Hemp
- Fava bean
- Oat
- Rapeseed
- Lupin
- Pea
- Canola
- Mung bean
- Soy
- Potato
- Gelatin
- Whey
- Casein
- Milk
- Lentil
- Flax
- Chia
By Ingredients
- Pea Protein Isolate
- Soy Protein Concentrate & Isolate
- High-Protein Chickpea Flour
- Fava Bean Protein
- Lentil Protein
- Navy Bean Powder
- Seaweeds
- Others (grains, pulses, and etc.)
By Form
- Textured Varieties
- Isolates
- Concentrates
By Application
- Shrimp
- Crab Cakes
- Fish Fillets
- Smoked Salmon
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Plant-Based Fish Market Key Players
Some of the key participating players in global Plant-Based Fish market are:
- DSM
- Cargill
- DuPont Nutrition & Biosciences
- Unilever
- Novotaste Corporation
- Glanbia Nutritionals
- ADM
- Above Food Corp
- Symrise
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