The United States plant-based seafood market is currently witnessing robust growth. Plant-based seafood refers to a vegan alternative similar to seafood in color, texture, appearance and flavor. It is generally made from a mixture of plant protein isolates, soy, starch, vegetable extracts, edible oils, and a wide range of seasonings. It is further processed with additives and coloring agents to provide the same texture as that of seafood products like fish, shrimp and crabs. Due to this, plant-based seafood is being served across various cafes, fast food chains, restaurants, supermarkets, and convenience stores in the United States.
The United States plant-based seafood market is primarily driven by the rising trend of veganism. The growing prevalence of chronic diseases, such as obesity and diabetes, is also propelling the growth of the market. With the increasing health-consciousness, consumers are shifting toward dietary products with a low calorie and high protein content, such as flexitarian and vegetarian dishes. Along with this, people suffering from shellfish allergy are opting for a healthier alternative to fulfill the requirements of essential nutrients. As a result, there has been an increased demand for plant-based seafood across the region. With the growing concerns toward the welfare and protection of the animals, individuals are opting for plant protein-sourced foods. Moreover, rapid urbanization, high living standards and rising per capita expenditure of consumers on premium-quality food items represent some of the other factors catalyzing the market growth. On account of these factors, the market is expected to continue its robust growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the United States plant-based seafood market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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