Courtesy Good Catch
Thanks largely to hot companies like Impossible Foods and Beyond Meat, fake burgers are cool and ubiquitous. A new crop of startups is aiming to give plant-based fish the same treatment.
According to recent data from Good Food Institute, a D.C.-based alternative protein research nonprofit, the U.S. plant-based foods market generated $7 billion in retail sales in 2020, growing nearly twice as fast as total food sales. Plant-based meat, a $1.4 billion category, grew by 45 percent in 2020 three times as fast as its animal-based counterpart.
While plant-based seafood made up just one percent of all plant-based meat sales last year, brands and investors are eager to crack the white space, says Jen Lamy, senior manager of
Seen Seaspiracy? Then You ll Want To Try These Tasty Fish Alternatives msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Plant-based shrimp alternative producer raises $18m, including Tyson investment
By
Jan. 6, 2021 16:44 GMT
New Wave Foods, the San Francisco, California-based producer of a plant-based shrimp alternative, has raised $18 million in a Series A round, the online magazine Forbes reports. [.]
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