Europe Plant-based Seafood Market to Reach USD 521.0 Million by 2033, Impelled by Increasing Concerns Toward Environmental Pollution and Animal Cruelty

February 07, 2025 | Food & Beverages

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According to the latest report by IMARC Group, titled "Europe Plant-based Seafood Market Report by Product Type (Fish Products, Prawn & Shrimp Products, Crab Products), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online, and Others), and Country 2025-2033," the Europe plant-based seafood market reached a value of USD 68.2 Million in 2024. Plant-based seafood refers to products made from plant-based ingredients that mimic the taste, texture, and nutritional profile of seafood products such as fish, shrimp, and crab. These products are becoming increasingly popular among consumers looking for healthy, sustainable, and ethical alternatives to traditional seafood. Plant-based seafood is made from various ingredients, such as soy, wheat, peas, and algae, which are processed and combined to create products that resemble real seafood's taste, texture, and nutritional profile. The products can substitute traditional seafood in various dishes, including sushi, seafood chowder, fish and chips, and more. Plant-based seafood offers several benefits over traditional seafood, including being free from harmful pollutants, such as mercury, being more sustainable and eco-friendly, and offering a healthier alternative for those seeking to reduce their animal product consumption. In addition, plant-based seafood help reduce overfishing, a major environmental concern.

Europe Plant-based Seafood Market Trends:

The market in Europe is primarily driven by the increasing awareness of the environmental and health benefits of plant-based diets. In line with this, the key companies are investing in research and development to create new and innovative plant-based seafood products. Furthermore, the rising consumer demand for healthy, sustainable, and ethical alternatives to traditional seafood is significantly contributing to the market growth. Apart from this, the growing concerns about overfishing and its impact on the environment are positively influencing product demand. Moreover, the easy availability of plant-based seafood products in retail stores and online is catalyzing the market. Besides, the escalating prevalence of zoonotic diseases among humans and the increasing vegan population are bolstering product sales across the region. Additionally, the rising awareness regarding animal welfare and animal cruelty in farms is providing a boost to the market. On account of the factors above, the market is anticipated to reach a value of USD 521.0 Million by 2033, exhibiting a CAGR of 24.08% during 2025-2033.

Market Summary:

On the basis of the product type, the market has been categorized into fish products, prawn and shrimp products, and crab products.
Based on the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, online, and others.
On the basis of the country, the market has been divided into Germany, France, the United Kingdom, Italy, Spain, and others.
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Product Type, Distribution Channel, Country
Countries Covered	Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Europe Plant-based Seafood Market to Reach USD 521.0 Million by 2033, Impelled by Increasing Concerns Toward Environmental Pollution and Animal Cruelty

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