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Impossible Foods and Beyond Meat Made Fake Burgers Cool. These Startups Want to Do the Same for Fake Fish


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 ....

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Ocean Hugger gears up for global plant-based seafood launch after forging JV with Nove Foods


Plant-based seafood firm Ocean Hugger Foods – which was forced to pause operations last June as COVID-19 ravaged the foodservice industry (its primary market) – will stage a comeback later this year after forging a joint venture (Ocean Hugger Inc) with Thai food manufacturer Nove Foods.
A wholly-owned subsidiary of global manufacturer NRF, Nove Foods has “
multi-continent manufacturing capabilities and sales relationships with many of the world’s largest retailers,​” and is “
quickly becoming a major force in the supply of cutting-edge plant-based foods​,” said David Benzaquen, co-founder and board member at Ocean Hugger Inc.
The plan is for a global launch of an expanded portfolio of plant-based seafood products in retail and foodservice in late 2021, said Benzaquen, who told FoodNavigator-USA that the order is still to be determined, but the company ....

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Ocean Hugger returns, partners with Nove to distribute plant-based seafood analogs


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Plant-based seafood analog maker Ocean Hugger Foods, which shut down last summer due to the COVID-19 pandemic, is back via a new partnership with plant-based food manufacturer Nove Foods. 
Ocean Hugger Foods said last June deteriorating business conditions caused by the coronavirus pandemic forced it to shut down operations. Then, in September, the company said it would relaunch sometime in 2021.
Now, Ocean Hugger Foods and Thailand-based food manufacturer Nove Foods Ltd., a wholly owned subsidiary of NR Instant Produce Public Company Limited (NRF), have formed Ocean Hugger, Inc. The two companies did not disclose the financial terms of the partnership. ....

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