As the plant-based seafood segment continues to evolve, ingredient innovation paves the way towards consumer acceptance, shown through notable VC investments in the sector.
Poised to grow to $50.47bn by 2030, the global canned seafood market is driven by consumer demand for nutrient-rich foods, like protein and fatty acids, and longer shelf-life, per Grandview Research data. Notably, canned tuna, with its high nutritional...
The plant-based protein market has faced a year of headwinds from slumping unit sales to lower investments, but companies like Chunk Foods and Konscious Foods are hoping to tap into underserved markets in the US to grow, as the entire industry prepares...
The recently launched association Future Ocean Foods is changing the narrative for alternative seafood through industry and consumer education and partnerships, including with traditional seafood, to reflect the category’s nutritious, sustainable, equitable...
Is the labelling of Nestlé’s plant-based ‘Vuna’ product too similar to conventional tuna? This was up for debate recently in Brussels, where stakeholders met to discuss ‘fishy’ labelling for plant-based alternatives.
Jens Møller Products ApS, the company behind Cavi-art, produces sustainable, plant-based alternatives to luxury seafood. The company featured its seaweed-based caviar, roe and whole shrimp during the Plant Based World Expo in New York City Sept. 7 and...
Plant-based food brand Franklin Farms enters the seafood category with its latest tuna product, as it looks to innovate around ready-to-eat offerings and unique proteins, Shelley Cheng, VP of marketing and product development for the brand’s parent company...
Developing recognizable flavors for frozen plant-based seafood may enhance consumer acceptance, as taste and texture remain the primary drivers behind the popularity of plant-based food alternatives.
With higher interest rates and investors being more cautious on where they put their money, many plant-based food and beverage start-ups are going back to business basics of creating a sustainable business model while continuing to find new ways to innovate...
While plant-based seafood represents only a small fraction of the plant-based realm at $12m in revenue in 2022 versus dairy at $2.7b in the same period, according to NielsenIQ, there is still hope for it to make a splash as inflation pushes consumers...
Dueling consumer interests in eating more seafood and concern about climate change is creating a sense of urgency for innovation around plant-based seafood on which newcomer Konscious Foods is moving fast to deliver with a broad lineup of award-winning...
Plant-based seafood brand Boldly will launch in May a line of vegan products with the "incredibly versatile" Southeast Asian root vegetable konjac, including calamari, salmon and tuna sashimi, shrimp and crab sticks, Boldly Founder and Co-founder...
Multiple semi-finalists in the prestigious XPRIZE ‘Feed the Next Billion’ competition have pulled out following a rule change enacted mid-way through the process relating to title sponsor ASPIRE which contestants argue is “unrealistic for any venture-backed...
Plant-based seafood brand unMeat is rolling out its fish-free canned tuna products to 250 Harris Teeter stores capitalizing on the consumers' search for more affordable protein options.
Sophie's Kitchen is gearing up to significantly expand distribution of its plant-based seafood portfolio of chilled, frozen, and shelf-stable pea-based seafood analogues including its most recent product launch -- fish burgers -- which CEO Miles...
Plantish has raised $12.5m in seed funding to scale up the production technology for its plant-based whole-cut salmon fillets, which will first enter fine dining restaurants by late 2023.
Emeryville, CA-based Finless Foods has closed a $34m series B round* to fund pilot-scale production of cell-cultured bluefin tuna, and support the national foodservice launch of its first product: plant-based tuna.
Out of stealth mode, Israeli startup Plantish has unveiled a whole-cut, fully-structured, boneless plant-based salmon prototype that it says rivals the taste, nutrition, and complex texture of conventional salmon.
Losing your sense of smell and taste - a common side effect of COVID-19 – is pretty unsettling for anyone, but if your job is chief global flavorist at one of the world’s leading ingredients companies, you could be forgiven for experiencing some existential...
Above Food, a vertically-integrated plant-based foods company, has entered into an agreement to acquire Atlantic Natural Foods and its portfolio of shelf-stable, plant-based food brands Loma Linda, TUNO, and Neat for an estimated $30m.
From Nestle's vegan 'Vrimp' in Europe to Good Catch's crab cakes on trial at Long John Silver's in the US, many players believe plant-based seafood represents a significant untapped opportunity in a sector dominated by beef, pork...
Sophie’s Kitchen has secured a $5.6m investment led by venture capital firm Billy Goat Brands to help it expand its plant-based seafood empire, which now extends into multiple categories including ‘toona,’ crab cakes, fish filets, smoked salmon, and shrimp....
From Air Protein - a startup manufacturing protein out of thin air*; to Meati Foods and Atlast Foods - fungi-fueled firms making whole cut ‘meats’ from mycelium; to a flurry of cell-cultured meat players including BlueNalu, GOOD Meat, and Wildtype; 28...
Gathered Foods, parent company of plant-based seafood brand Good Catch, has secured $26.35m in a B-2 Bridge Funding Round to ramp up product innovation and dramatically increase its retail footprint.
Plant-based seafood firm Ocean Hugger Foods – which was forced to pause operations last June as COVID-19 ravaged the foodservice industry (its primary market) – will stage a comeback later this year after forging a joint venture (Ocean Hugger Inc) with...
The plant-based seafood market is pretty small fry in dollar terms right now, but is poised to grow significantly in the next couple of years, predict the entrepreneurs behind a new wave of brands seeking to take plant-based tuna, shrimp, crab cakes,...
Good Catch has launched nationwide in Canada, where its frozen plant-based seafood entrees and appetizers are available at 640 locations from retailers including Loblaws, Provigo, Dominion, and others.
Gathered Foods, maker of Good Catch plant-based seafood, has partnered with fast casual restaurant chain Veggie Grill to launch a tuna melt menu item featuring Good Catch Plant Based Tuna.
Sophie’s Kitchen is heading to the frozen food aisle at 400 Walmart stores this month with vegan crab cakes and vegan breaded shrimp, in a move CEO Dr Miles Woodruff says provides a further proof point that plant-based seafood has the potential to move...
Plant-based seafood firm Ocean Hugger Foods – which announced it was ceasing operations in late June as COVID-19 ravaged the foodservice industry (its primary market) – now says it is “ exploring paths to relaunch bigger and better than ever.”
Gathered Foods, parent company to plant-based seafood brand Good Catch, has closed a series B funding round led by several industry players including Greenleaf Foods and 301 INC, the venture arm of General Mills.
While the shelf-stable market for plant-based meats and eggs is small compared with the frozen and chilled segments, it represents an area of significant untapped opportunity, says Atlantic Natural Foods (ANF), which is gaining traction in this market...
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