Market Overview:
The Europe plant-based seafood market size reached US$ 31.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 154.4 Million by 2027, exhibiting a growth rate (CAGR) of 30.46% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Plant-based seafood refers to a vegan substitute similar to seafood in texture, smell, and taste. It is manufactured by combining a mixture of soy, seaweed, yeast, vegetable oils, starches, coloring agents and additives. Plant-based seafood is rich in proteins, omega-3 and does not contain mercury, which improves the absorption of nutrients while reducing the risk of heavy metal toxicity in the body. With the growing trend of veganism among the younger population, there has been high adoption of plant-based seafood in the European region.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
The Europe plant-based seafood market is primarily driven by the rising concerns toward environmental pollution and animal cruelty. Plant-based seafood is a sustainable option that is not detrimental to biodiversity. Due to this, governments of various countries are also launching numerous initiatives for promoting the consumption of plant-based products to relieve pressure on the depleting fisheries and other aquatic resources. Besides this, the hectic lifestyles of individuals have encouraged them to opt for frozen, canned, and ready-to-eat product variants. As a result, several brick-and-mortar and online distribution channels are introducing a wide array of plant-based seafood products catering to different consumer tastes and preferences.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe plant-based seafood market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type and distribution channel.
Breakup by Product Type:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Fish Products
- Prawn & Shrimp Products
- Crab Products
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Product Type, Distribution Channel, Country |
| Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe plant-based seafood market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe plant-based seafood market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe plant-based seafood market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe Plant-based Seafood Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Fish Products
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Prawn & Shrimp Products
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Crab Products
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarkets and Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Convenience Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Online
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Country
8.1 Germany
8.1.1 Market Trends
8.1.2 Market Breakup by Product Type
8.1.3 Market Breakup by Distribution Channel
8.1.4 Market Forecast
8.2 France
8.2.1 Market Trends
8.2.2 Market Breakup by Product Type
8.2.3 Market Breakup by Distribution Channel
8.2.4 Market Forecast
8.3 United Kingdom
8.3.1 Market Trends
8.3.2 Market Breakup by Product Type
8.3.3 Market Breakup by Distribution Channel
8.3.4 Market Forecast
8.4 Italy
8.4.1 Market Trends
8.4.2 Market Breakup by Product Type
8.4.3 Market Breakup by Distribution Channel
8.4.4 Market Forecast
8.5 Spain
8.5.1 Market Trends
8.5.2 Market Breakup by Product Type
8.5.3 Market Breakup by Distribution Channel
8.5.4 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Breakup by Product Type
8.6.3 Market Breakup by Distribution Channel
8.6.4 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Europe: Plant-based Seafood Market: Major Drivers and Challenges
Figure 2: Europe: Plant-based Seafood Market: Sales Value (in Million US$), 2016-2021
Figure 3: Europe: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Europe: Plant-based Seafood Market: Breakup by Product Type (in %), 2021
Figure 5: Europe: Plant-based Seafood Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Europe: Plant-based Seafood Market: Breakup by Country (in %), 2021
Figure 7: Europe: Plant-based Seafood (Fish Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Europe: Plant-based Seafood (Fish Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Europe: Plant-based Seafood (Prawn & Shrimp Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Europe: Plant-based Seafood (Prawn & Shrimp Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Europe: Plant-based Seafood (Crab Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Europe: Plant-based Seafood (Crab Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Europe: Plant-based Seafood (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Europe: Plant-based Seafood (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Europe: Plant-based Seafood (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Europe: Plant-based Seafood (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Europe: Plant-based Seafood (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Europe: Plant-based Seafood (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Europe: Plant-based Seafood (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Europe: Plant-based Seafood (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Germany: Plant-based Seafood Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Germany: Plant-based Seafood Market: Breakup by Product Type (in %), 2021
Figure 23: Germany: Plant-based Seafood Market: Breakup by Distribution Channel (in %), 2021
Figure 24: Germany: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: France: Plant-based Seafood Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: France: Plant-based Seafood Market: Breakup by Product Type (in %), 2021
Figure 27: France: Plant-based Seafood Market: Breakup by Distribution Channel (in %), 2021
Figure 28: France: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United Kingdom: Plant-based Seafood Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United Kingdom: Plant-based Seafood Market: Breakup by Product Type (in %), 2021
Figure 31: United Kingdom: Plant-based Seafood Market: Breakup by Distribution Channel (in %), 2021
Figure 32: United Kingdom: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Italy: Plant-based Seafood Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Italy: Plant-based Seafood Market: Breakup by Product Type (in %), 2021
Figure 35: Italy: Plant-based Seafood Market: Breakup by Distribution Channel (in %), 2021
Figure 36: Italy: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Spain: Plant-based Seafood Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Spain: Plant-based Seafood Market: Breakup by Product Type (in %), 2021
Figure 39: Spain: Plant-based Seafood Market: Breakup by Distribution Channel (in %), 2021
Figure 40: Spain: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Plant-based Seafood Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Plant-based Seafood Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Plant-based Seafood Industry: SWOT Analysis
Figure 44: Europe: Plant-based Seafood Industry: Value Chain Analysis
Figure 45: Europe: Plant-based Seafood Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Europe: Plant-based Seafood Market: Key Industry Highlights, 2021 and 2027
Table 2: Europe: Plant-based Seafood Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Europe: Plant-based Seafood Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Europe: Plant-based Seafood Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 5: Europe: Plant-based Seafood Market: Competitive Structure
Table 6: Europe: Plant-based Seafood Market: Key Players