The IMARC Group provides extensive analysis of the Europe plant-based seafood industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects.
The report offers a comprehensive analysis of the industry, which comprises insights on, demand, statistics, and overview.
The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027.
The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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The Europe plant-based seafood market size reached US$ 31.8 Million in 2021. Plant-based seafood refers to the vegan alternative of seafood with similar texture, color and flavor.
These products are made with natural ingredients, including pea starch, sea salt, seaweed powder, konjac powder, potato starch, organic agave nectar, and alginate.
Plant-based seafood items offer various environmental benefits, such as recovering ocean ecosystems, reducing manufacturing-related greenhouse (GHG) emissions, and relieving pressures on the depleting ocean ecosystems and fisheries.
Europe Plant-based Seafood Market Trends:
The rising awareness amongst consumers regarding animal cruelty and degradation of the environment is primarily fueling the plant-based seafood market in the European region.
The rising adoption of vegetarian and vegan diets is also contributing to the escalating consumption of plant-based seafood products. Moreover, the European Union (EU) has been taking initiatives to promote the shift across the region toward plant-based diets, which is creating a positive outlook for the market.
For instance, in 2020, the EU published the Farm to Fork Strategy (FFS) under the European Green New Deal, which aims to make the region carbon neutral by 2050. Looking forward, IMARC Group expects the Europe plant-based seafood market to reach US$ 154.4 Million by 2027, exhibiting a growth rate (CAGR) of 30.46% during 2022-2027.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Breakup by Product Type:
- Fish Products
- Prawn & Shrimp Products
- Crab Products
- Supermarkets and Hypermarkets
- Convenience Stores
- United Kingdom
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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