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Plant-Based Fish Market Analysis
- Report ID: GMI5658
- Published Date: May 2023
- Report Format: PDF
Plant-Based Fish Market Analysis
The soy-based fish market will grow at a 5% CAGR between 2023 and 2032, as it helps reduce cholesterol, has low saturated fat, and contains all eight essential amino acids including threonine, isoleucine, valine, phenylalanine, methionine, lysine, leucine, and tryptophan. It can be a significant source of iron, calcium, fiber, zinc, and vitamin B, which is driving the market value.
The plant-based fish market size from convenience stores segment was reached USD 312 million in 2022, propelled by their accessibility, compactness, efficiency, and simplicity. The rising popularity of C-stores due to easy selection and benefits for local businesses is supporting segment growth. In a recent instance, Hangry Planet, a California-based plant-based mart opened a 100% plant-based convenience store in North America.
Europe plant-based fish market accounted for USD 176 million revenue in 2022, attributed to shifting preference toward a vegan diet and growing concerns regarding animal cruelty. Moreover, a strong presence of companies in developed cities is foreseen to benefit the market scenario.
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Plant-Based Fish Market Scope
