Plant-Based Shrimp Market Potential Growth, Share, Demand and Analysis of Key Players — Forecasts to 2035
A new market analysis reveals the global plant-based shrimp market is poised for explosive growth, with a projected compound annual growth rate (CAGR) of 8.6% from 2025 to 2035. The market, valued at USD 1.4 billion in 2025, is forecasted to more than double to USD 3.2 billion by 2035, driven by a powerful consumer movement toward sustainable and cruelty-free food options. This growth is being fueled by increasing awareness of the environmental impact of traditional seafood and health concerns like mercury exposure and allergens. The market, while a niche segment within the broader plant-based seafood and alternative protein markets, is gaining significant traction. It currently accounts for 14% of the plant-based seafood market and is experiencing accelerated growth across all parent segments, including the vegan food and sustainable food markets. A key driver of this expansion is the growing availability and quality of products, as manufacturers innovate to closel...