Plant-based fish is the new plant-based meat
The success and rise of US plant-based companies such as Beyond Meat and Impossible Foods is providing momentum for seafood startups next. The global market for fish outside the US is significant; the total global seafood market is worth approximately $500bn annually. It is a promising market for disruption that will present global consumer with an environmentally-friendlier solution to overfishing, the negative impacts of fish farming, and other health implications such as mercury contamination. Blue Horizon’s alternative seafood portfolio companies currently include: Finless Foods, Good Catch Foods, New Wave Foods and Ocean Hugger Foods.