Plant-based meat was all the rage. Now plant-based seafood is taking the spotlight

Plant-based meat sales are soaring, but is there a similar appetite for plant-based seafood? A host of small companies certainly hope so, and they're crowding into the alternative seafood space.

Plant-based meat sales are soaring, but is there a similar appetite for plant-based seafood?

A host of small companies certainly hope so, and they're crowding into the alternative seafood space. Sales in the sector grew 23% from 2019 to 2020, according to data from The Good Food Institute, a nonprofit whose mission is "to accelerate alternative protein innovation internationally," according to its website. In the first half of 2021, the institute said, $116 million has been invested in the seafood space, exceeding 2020's total of $90 million.