The plant-based shrimp market is booming worldwide: New Wave Foods, Sophie’s Kitchen, Happy Ocean Foods



This press release was originally issued by SBWire

NJ New Jersey, United States — (SBWIRE) – 10/19/2022 – The latest published study of the global plant-based shrimp market by AMA Research assesses the market size, trend and forecast to 2027. Plant Origin covers important research data and proves to be a handy reference document for managers, analysts, industry experts, and other key people to have a study-ready access and self-analyzed to help understand market trends, growth drivers, upcoming opportunities and challenges and about competitors.

Key players in this report include:
New Wave Foods, Inc. (USA), Happy Ocean Foods (Germany), Van Cleve Seafood (USA), Vegan ZeaStar (Netherlands), The Plant-Based Seafood Co. (USA), BeLeaf vegan (US), Loving Hut (Korea), Sophie’s Kitchen (US)

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Plant-based shrimp are a vegan alternative to real shrimp. It is made with red and green seaweed, sea salt, agave syrup, mung beans, soy, etc. although it tastes exactly the same as real shrimp. The plant-based shrimp market has enormous potential, not only economically but also environmentally, as shrimp fishing leads to the destruction of mangroves and the collapse of the natural ecosystem due to excessive shrimp fishing.

Market trend:
– Innovation in animal feed to vegan alternatives

Market factors:
– Increased conciseness on sustainability among the masses regarding the environment and marine life protection
– Rigorous government. Policies regarding overfishing and degradation of mangroves due to overfishing
– Increase in venture capital investments in new food products and food chains

Market opportunities:
– Growing awareness of sustainability, environmental protection, poor fishing practices such as overfishing, exploitation of marine habitats, child labor, etc. This will lead people to adopt more plant-based diets, including plant-based shrimp

The Global Herbal Shrimp Market segments and market data breakdown are illustrated below:
by type (frozen vegetable shrimp, shelf-stable vegetable shrimp), end users (catering industry, individual households, others), raw materials (red and green algae, soybeans, peas, mung beans, others), sales Channel (in online, offline)

The global Herbal Shrimp market report highlights information regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders to make decisions that can help ensure the trajectory of earnings over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
– The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egypt, etc.)
– North America (United States, Mexico and Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia).

Report objectives
– -To carefully analyze and forecast the Herbal Shrimp market size by value and volume.
– -To estimate the market shares of the main vegetable shrimp segments
– -To present the Plant Based Shrimp market development in different parts of the world.
– -To analyze and study the micro markets in terms of their contributions to the Herbal Shrimp market, their prospects, and individual growth trends.
– -Offer accurate and useful details on factors affecting plant shrimp growth
– -To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Herbal Shrimp market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments and product launches.

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Main highlights of the table of contents:
Plant Based Shrimp Market Research Coverage:
– It includes major manufacturers, emerging player’s growth story and major business segments of Herbal Shrimp market, years considered and research objectives. Further, segmentation based on product type, application, and technology.
– Herbal Shrimp Market Executive Summary: It provides a summary of the overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, together with macroscopic pointers.
– Plant-based Shrimp market production by Region Plant-based Shrimp market profile of manufacturers-players is studied based on SWOT, their products, production, value, financials and other vital factors.
– Key points covered in the Herbal Shrimp market report:
– Overview, Definition and Classification of Plant Based Shrimp Market Drivers and Barriers
– Plant-based shrimp market competition by manufacturers
– Impact analysis of COVID-19 on the plant-based shrimp market
– Plant-based Shrimp Capacity, Production, Revenue (Value) by Region (2021-2027)
– Plant Based Shrimp Supply (Production), Consumption, Export, Import by Region (2021-2027)
– Vegetable Shrimp Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
– Plant Based Shrimp Manufacturers Profiles/Analysis Plant Based Shrimp Manufacturing Cost Analysis, Supply/Industry Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
– Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

Browse Full Abstract & Table of Contents @

Answers to key questions
– How feasible is the Herbal Shrimp market for long term investment?
– What are the factors influencing the demand for plant-based shrimp in the near future?
– What is the impact analysis of various factors on the growth of the global Herbal Shrimp market?
– What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact us:
Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey United States – 08837

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