PUBLISHER: KBV Research | PRODUCT CODE: 1767866
PUBLISHER: KBV Research | PRODUCT CODE: 1767866
North America Plant-based Seafood Market Size, Share & Trends Analysis Report By Type (Fish, Prawn & Shrimp, Crab, and Other Type), By Source, By Distribution Channel, By Country and Growth Forecast, 2025 - 2032
The North America Plant-based Seafood Market would witness market growth of 7.5% CAGR during the forecast period (2025-2032).
The US market dominated the North America Plant-based Seafood Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $241.1 million by 2032. The Canada market is experiencing a CAGR of 9.1% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 8.8% during (2025 - 2032).
This food industry is transforming remarkably, driven by changing consumer preferences, environmental concerns, and the growing demand for sustainable alternatives to animal-based products. One of the most promising developments in this sector is the rise of these seafood. This innovative segment has gained significant traction recently as consumers seek healthier, more sustainable, and ethical alternatives to traditional seafood.
This market is not just a passing trend but a dynamic and evolving industry poised for substantial growth. Plant-based seafood mimics traditional seafood's taste, texture, and appearance but is made entirely from plant-based ingredients. These products typically use a combination of vegetables, legumes, algae, and other plant-derived materials to replicate the flavours and textures of seafood, such as fish fillets, shrimp, scallops, crab, and more.
The market has experienced notable growth in recent years, influenced by various consumer trends and industry dynamics in key regions such as the United States, Canada, and Mexico. With shifts in dietary preferences, increased food service industry activities, and the ongoing growth of food processing sectors, these markets are witnessing new opportunities and challenges for these seafood products to break down the impact of the factors mentioned in the growth of the market in these regions. In addition, the growing trend of veganism and plant-based diets in the U.S. is a key driver for expanding the market. In 2014, only 1% of Americans were vegan, but by 2023, the number had increased to between 1% and 4%. This shift in consumer behaviour signals a growing demand for plant-based alternatives across various food sectors, including seafood. The rise in sales in Canada's food service and drinking places subsector, particularly a 1.0% increase to $7.3 billion in December 2022, directly influences the market. The food service industry, which includes limited-service eating places, drinking establishments, and special food services, is increasingly incorporating plant-based options into its menus to cater to diverse consumers, including vegans, vegetarians, and those looking to reduce their seafood consumption. Thus, the rising number of vegans in the U.S., Canada's food service industry, and Mexico's food processing sector all play significant roles in boosting the market.
Based on Type, the market is segmented into Fish, Prawn & Shrimp, Crab, and Other Type. Based on Source, the market is segmented into Soy, Pea, Wheat, and Other Source. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, and Other Distribution Channel. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Beyond Meat, Inc.
- Impossible Foods Inc.
- Konscious Foods Canada Inc.
- Glanbia PLC
- Ingredion, Incorporated
- Tyson Foods, Inc.
- PURIS
- Royal Avebe
- Marlow Foods Limited (Quorn Foods)
- Nestle S.A.
North America Plant-based Seafood Market Report Segmentation
By Type
- Fish
- Prawn & Shrimp
- Crab
- Other Type
By Source
- Soy
- Pea
- Wheat
- Other Source
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Online
- Other Distribution Channel
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Plant-based Seafood Market, by Type
- 1.4.2 North America Plant-based Seafood Market, by Source
- 1.4.3 North America Plant-based Seafood Market, by Distribution Channel
- 1.4.4 North America Plant-based Seafood Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Plant-based Seafood Market by Type
- 4.1 North America Fish Market by Country
- 4.2 North America Prawn & Shrimp Market by Country
- 4.3 North America Crab Market by Country
- 4.4 North America Other Type Market by Country
Chapter 5. North America Plant-based Seafood Market by Source
- 5.1 North America Soy Market by Country
- 5.2 North America Pea Market by Country
- 5.3 North America Wheat Market by Country
- 5.4 North America Other Source Market by Country
Chapter 6. North America Plant-based Seafood Market by Distribution Channel
- 6.1 North America Supermarkets & Hypermarkets Market by Country
- 6.2 North America Convenience Stores Market by Country
- 6.3 North America Online Market by Country
- 6.4 North America Other Distribution Channel Market by Country
Chapter 7. North America Plant-based Seafood Market by Country
- 7.1 US Plant-based Seafood Market
- 7.1.1 US Plant-based Seafood Market by Type
- 7.1.2 US Plant-based Seafood Market by Source
- 7.1.3 US Plant-based Seafood Market by Distribution Channel
- 7.2 Canada Plant-based Seafood Market
- 7.2.1 Canada Plant-based Seafood Market by Type
- 7.2.2 Canada Plant-based Seafood Market by Source
- 7.2.3 Canada Plant-based Seafood Market by Distribution Channel
- 7.3 Mexico Plant-based Seafood Market
- 7.3.1 Mexico Plant-based Seafood Market by Type
- 7.3.2 Mexico Plant-based Seafood Market by Source
- 7.3.3 Mexico Plant-based Seafood Market by Distribution Channel
- 7.4 Rest of North America Plant-based Seafood Market
- 7.4.1 Rest of North America Plant-based Seafood Market by Type
- 7.4.2 Rest of North America Plant-based Seafood Market by Source
- 7.4.3 Rest of North America Plant-based Seafood Market by Distribution Channel
Chapter 8. Company Profiles
- 8.1 Beyond Meat, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Research & Development Expenses
- 8.2 Impossible Foods, Inc.
- 8.2.1 Company Overview
- 8.2.2 Recent strategies and developments:
- 8.2.2.1 Product Launches and Product Expansions:
- 8.2.3 SWOT Analysis
- 8.3 Konscious Foods Canada Inc.
- 8.3.1 Company Overview
- 8.3.2 Recent strategies and developments:
- 8.3.2.1 Geographical Expansions:
- 8.4 Glanbia PLC
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Ingredion Incorporated
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
- 8.6 Tyson Foods, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
- 8.7 PURIS
- 8.7.1 Company Overview
- 8.8 Royal Avebe
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
- 8.9 Marlow Foods Limited (Quorn Foods)
- 8.9.1 Company Overview
- 8.10. Nestle S.A.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Product Launches and Product Expansions:
- 8.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Plant-based Seafood Market, 2021 - 2024, USD Million
- TABLE 2 North America Plant-based Seafood Market, 2025 - 2032, USD Million
- TABLE 3 North America Plant-based Seafood Market by Type, 2021 - 2024, USD Million
- TABLE 4 North America Plant-based Seafood Market by Type, 2025 - 2032, USD Million
- TABLE 5 North America Fish Market by Country, 2021 - 2024, USD Million
- TABLE 6 North America Fish Market by Country, 2025 - 2032, USD Million
- TABLE 7 North America Prawn & Shrimp Market by Country, 2021 - 2024, USD Million
- TABLE 8 North America Prawn & Shrimp Market by Country, 2025 - 2032, USD Million
- TABLE 9 North America Crab Market by Country, 2021 - 2024, USD Million
- TABLE 10 North America Crab Market by Country, 2025 - 2032, USD Million
- TABLE 11 North America Other Type Market by Country, 2021 - 2024, USD Million
- TABLE 12 North America Other Type Market by Country, 2025 - 2032, USD Million
- TABLE 13 North America Plant-based Seafood Market by Source, 2021 - 2024, USD Million
- TABLE 14 North America Plant-based Seafood Market by Source, 2025 - 2032, USD Million
- TABLE 15 North America Soy Market by Country, 2021 - 2024, USD Million
- TABLE 16 North America Soy Market by Country, 2025 - 2032, USD Million
- TABLE 17 North America Pea Market by Country, 2021 - 2024, USD Million
- TABLE 18 North America Pea Market by Country, 2025 - 2032, USD Million
- TABLE 19 North America Wheat Market by Country, 2021 - 2024, USD Million
- TABLE 20 North America Wheat Market by Country, 2025 - 2032, USD Million
- TABLE 21 North America Other Source Market by Country, 2021 - 2024, USD Million
- TABLE 22 North America Other Source Market by Country, 2025 - 2032, USD Million
- TABLE 23 North America Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
- TABLE 24 North America Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
- TABLE 25 North America Supermarkets & Hypermarkets Market by Country, 2021 - 2024, USD Million
- TABLE 26 North America Supermarkets & Hypermarkets Market by Country, 2025 - 2032, USD Million
- TABLE 27 North America Convenience Stores Market by Country, 2021 - 2024, USD Million
- TABLE 28 North America Convenience Stores Market by Country, 2025 - 2032, USD Million
- TABLE 29 North America Online Market by Country, 2021 - 2024, USD Million
- TABLE 30 North America Online Market by Country, 2025 - 2032, USD Million
- TABLE 31 North America Other Distribution Channel Market by Country, 2021 - 2024, USD Million
- TABLE 32 North America Other Distribution Channel Market by Country, 2025 - 2032, USD Million
- TABLE 33 North America Plant-based Seafood Market by Country, 2021 - 2024, USD Million
- TABLE 34 North America Plant-based Seafood Market by Country, 2025 - 2032, USD Million
- TABLE 35 US Plant-based Seafood Market, 2021 - 2024, USD Million
- TABLE 36 US Plant-based Seafood Market, 2025 - 2032, USD Million
- TABLE 37 US Plant-based Seafood Market by Type, 2021 - 2024, USD Million
- TABLE 38 US Plant-based Seafood Market by Type, 2025 - 2032, USD Million
- TABLE 39 US Plant-based Seafood Market by Source, 2021 - 2024, USD Million
- TABLE 40 US Plant-based Seafood Market by Source, 2025 - 2032, USD Million
- TABLE 41 US Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
- TABLE 42 US Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
- TABLE 43 Canada Plant-based Seafood Market, 2021 - 2024, USD Million
- TABLE 44 Canada Plant-based Seafood Market, 2025 - 2032, USD Million
- TABLE 45 Canada Plant-based Seafood Market by Type, 2021 - 2024, USD Million
- TABLE 46 Canada Plant-based Seafood Market by Type, 2025 - 2032, USD Million
- TABLE 47 Canada Plant-based Seafood Market by Source, 2021 - 2024, USD Million
- TABLE 48 Canada Plant-based Seafood Market by Source, 2025 - 2032, USD Million
- TABLE 49 Canada Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
- TABLE 50 Canada Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
- TABLE 51 Mexico Plant-based Seafood Market, 2021 - 2024, USD Million
- TABLE 52 Mexico Plant-based Seafood Market, 2025 - 2032, USD Million
- TABLE 53 Mexico Plant-based Seafood Market by Type, 2021 - 2024, USD Million
- TABLE 54 Mexico Plant-based Seafood Market by Type, 2025 - 2032, USD Million
- TABLE 55 Mexico Plant-based Seafood Market by Source, 2021 - 2024, USD Million
- TABLE 56 Mexico Plant-based Seafood Market by Source, 2025 - 2032, USD Million
- TABLE 57 Mexico Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
- TABLE 58 Mexico Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
- TABLE 59 Rest of North America Plant-based Seafood Market, 2021 - 2024, USD Million
- TABLE 60 Rest of North America Plant-based Seafood Market, 2025 - 2032, USD Million
- TABLE 61 Rest of North America Plant-based Seafood Market by Type, 2021 - 2024, USD Million
- TABLE 62 Rest of North America Plant-based Seafood Market by Type, 2025 - 2032, USD Million
- TABLE 63 Rest of North America Plant-based Seafood Market by Source, 2021 - 2024, USD Million
- TABLE 64 Rest of North America Plant-based Seafood Market by Source, 2025 - 2032, USD Million
- TABLE 65 Rest of North America Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
- TABLE 66 Rest of North America Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
- TABLE 67 Key Information - Beyond Meat, Inc.
- TABLE 68 Key Information - IMpossible Foods, Inc.
- TABLE 69 Key Information - Konscious Foods Canada Inc.
- TABLE 70 Key Information - Glanbia PLC
- TABLE 71 Key Information - Ingredion Incorporated
- TABLE 72 Key Information - Tyson Foods, Inc.
- TABLE 73 Key Information - PURIS
- TABLE 74 Key Information - royal avebe
- TABLE 75 Key Information - Quorn Foods
- TABLE 76 Key Information - Nestle S.A.
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 North America Plant-based Seafood Market, 2021 - 2032, USD Million
- FIG 3 Key Factors Impacting Plant-based Seafood Market
- FIG 4 Porter's Five Forces Analysis - Plant-based Seafood Market
- FIG 5 North America Plant-based Seafood Market share by Type, 2024
- FIG 6 North America Plant-based Seafood Market share by Type, 2032
- FIG 7 North America Plant-based Seafood Market by Type, 2021 - 2032, USD Million
- FIG 8 North America Plant-based Seafood Market share by Source, 2024
- FIG 9 North America Plant-based Seafood Market share by Source, 2032
- FIG 10 North America Plant-based Seafood Market by Source, 2021 - 2032, USD Million
- FIG 11 North America Plant-based Seafood Market share by Distribution Channel, 2024
- FIG 12 North America Plant-based Seafood Market share by Distribution Channel, 2032
- FIG 13 North America Plant-based Seafood Market by Distribution Channel, 2021 - 2032, USD Million
- FIG 14 North America Plant-based Seafood Market share by Country, 2024
- FIG 15 North America Plant-based Seafood Market share by Country, 2032
- FIG 16 North America Plant-based Seafood Market by Country, 2021 - 2032, USD Million
- FIG 17 Swot Analysis: Impossible Foods, Inc.
- FIG 18 Swot Analysis: Glanbia PLC
- FIG 19 SWOT Analysis: Ingredion Incorporated
- FIG 20 Swot Analysis: Tyson Foods, Inc.
- FIG 21 SWOT Analysis: Royal Avebe
- FIG 22 SWOT Analysis: Nestle S.A.
