Lotus takes on frozen rice, seafood meal market with first US plant
Lotus Seafood CEO Nick Ovchinnikov said that he believes the market from frozen, non-par boiled rice meals is huge and there’s a 'good shortage' of product in the market
Fresh from Nordsee rollout, plant-based Novish mulls second capital raise
The Dutch plant-based seafood producer, which was only founded in December 2019, has set its sights on more than €10m in turnover by the end of 2022
Louis Dreyfus joins plant-based seafood firm’s $26.4m fundraise
Gathered Foods, maker of the Good Catch brand, will use the funds to hike the range of products it brings to market, beginning with expansion in Europe
Seacon introduces vegan sushi alternatives, aims to expand European sales
Seafood Connection has launched Iki Masagi, a vegan alternative to capelin roe, and has also developed alternatives to salmon and tuna for sushi toppings
New Wave Foods launches plant-based shrimp into US foodservice market
Shrimp alternative company plans to push ahead with its plans to disrupt the market with its launch into foodservice following a series A funding round
Essential Red to hit US market by year-end as algae-based tuna alternative
Essential Red could work well in sausages and burgers as part of a protein blend, but the main area of interest at present is plant-based seafood, and tuna in particular
MSC defends its standard following Netflix documentary accusations
'Seaspiracy' questioned the credibility of the sustainable seafood movement, in particular the MSC; producers and industry associations have come out in defense of fishing and aquaculture
DSM launches algal fish alternative
Company launches sustainable fish protein alternative for the vegan market
Thai Union sets sights on $5.2bn revenue by 2025
The world's largest canned tuna producer said it would be targeting 5% annual growth for the next five years, with a focus on alternative proteins and food supplements
Plant-based ‘seafood’ maker Ocean Hugger plans return via JV, retail sales
The US company was forced to close in 2020, as it sold entirely to a foodservice sector that was wiped out by COVID; now it has partnered with a Thai firm to relaunch