Monday, January 11, 2021

Everything You Need To Know About Plant-Based Fish Industry 2021

 Plant based fish are those fish that are safe and mercury free alternative with a source of necessary nutrition. Start ups and large corporations are diverting their focus towards plant-based fish This fish is 100% vegan, allergen free, safe for lactose tolerant and has no side effects. Various international organizations are working for spreading awareness about the benefist associated with plant-based fish. It is considered ideal for the purpose of fulfilling the protein requirement in vegetarian diets. 

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Plant-based Fish Market worth $8.3 billion by 2025

An upsurge in the cases of food sensitivities with respect to seafood drive the market for plant-based fish. Besides this, the rising environmental concerns coupled with rise in demand for alternative dietary products across the globe also drives the growth of plant-based fish market. However, high cost and lack of knowledge pertaining to the benfits of plant-based fish restricts the fruitful development of the plant-based fish market. Programs adoptd for fish welfare and inititaives taken by the government to spread awareness are expected to bolster well the market for plant-based fish in the near future.

the plant-based meat market is segmented into burger patties, strips & nuggets, sausages, meatballs, and other products such as slices, fillets, cutlets, slides, fingers, and crumbles. They are a healthier alternative to meat and are environmentally more sustainable, which is why more food manufacturers are developing plant-based meat products. Several start-ups are going mainstream with the launch of plant-based burgers, nuggets, sausage, meatballs, and other products. Impossible Foods Inc. (US) and Beyond Meat (US) were among the key players to enter the plant-based meat market. These companies are backed by various types of investors, including leading players such as Tyson Foods (US).


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