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Vegan Seafood Is Ripe for Investment

The demand for plant-based products has made its way to vegan seafood, reports Forbes. Over the past few years, several new players have entered the market, and investors are taking notice. California-based Sophie's Kitchen offers its Vegan Toona canned fish alternatives, available in Sea Salt and Black Pepper varieties at Whole Foods, Sprouts, and several independent grocers. Stocked next to real tuna, sales of these products increased 72 percent between the first quarter of 2017 and the same period this year.

Seafood lovers looking for a plant-based alternative to raw tuna will find it with Ocean Hugger Foods. The New York-based firm is making an impact in the foodervice sector with its raw tuna, Ahimi, which CEO David Benzaquen says is the world's first plant-based alternative to raw tuna, for use in dishes such as sushi, ceviche, poke, tartare, and crudo. Ahimi is currently sold in approximately 50 Whole Foods stores across the U.S., in college and corporate cafeterias run by Aramark and Bon Appetit Management Co., and in independent restaurants in the U.S. and Canada. Japan's Nishimoto Trading Co., one of Ocean Hugger's primary investors and distributors, plans to roll out Ahimi globally.

Good Catch Foods is likewise gearing up to launch its range of vegan tuna, crab cakes, fish sliders, and fish burgers later this year. Made from a blend of six legumes, including peas, soy, chickpeas, lentils, fava, and navy beans, along with sea algae oil to give a umami flavor, the products will soon become available in Thrive Market and Fresh Direct, followed by other retailers and foodservice outlets, according to the report. Full Story

Related: SFA News Live Innovator Series: David Benzaquin, Ocean Hugger Foods; Plant-Based Food Sales Top $3B.



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Vegan Seafood Is Ripe for Investment Vegan Seafood Is Ripe for Investment Reviewed by Unknown on August 08, 2018 Rating: 5

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