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LAMEA Plant-based Seafood Market Size, Share & Trends Analysis Report By Type (Fish, Prawn & Shrimp, Crab, and Other Type), By Source, By Distribution Channel, By Country and Growth Forecast, 2025 - 2032

Published Date : 05-May-2025

Pages: 112

Report Format: PDF + Excel

The Latin America, Middle East and Africa Plant-based Seafood Market would witness market growth of 10.2% CAGR during the forecast period (2025-2032).

The Brazil market dominated the LAMEA Plant-based Seafood Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $17.4 million by 2032. The Argentina market is showcasing a CAGR of 10.8% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 8.6% during (2025 - 2032).

LAMEA Plant-based Seafood Market

Younger generations, particularly millennials and Gen Z, are more likely to embrace plant-based alternatives due to their strong interest in sustainability, ethical consumption, and health. These groups are at the forefront of the plant-based food revolution, and their preferences are shaping the future of the market.

The growing availability of these seafood products in mainstream grocery stores and restaurants is another key factor driving adoption. As these products become more accessible and convenient, consumers are more likely to try them. Additionally, the availability of this seafood in e-commerce channels makes it easier for consumers to purchase these products, further boosting adoption rates.

The global shift toward healthier and more sustainable food choices is gaining traction in emerging and dynamic markets like Nigeria, the UAE, and Brazil. These countries are witnessing growth in key economic indicators and food service sectors, signalling a broader openness to innovative food products, including plant-based seafood. With rising disposable incomes, expanding foodservice industries, and increasing consumer awareness about nutrition and sustainability, these nations are becoming fertile grounds for expanding the market. In 2022, Brazil’s foodservice industry revenues reached US$106 billion, a 10% increase from the previous year. This robust growth highlights the country’s booming economy and increased consumer spending on out-of-home dining experiences. As more restaurants and food chains explore plant-based options to meet evolving dietary preferences and cater to flexitarian consumers, there’s no room to introduce these seafood products. The UAE’s restaurant and institutional (HRI) sector saw a 17% increase in value from 2020 to 2021, reaching $12.3 billion. As one of the largest food service markets in the Gulf region, the UAE continues to evolve as a culinary hub that embraces global food trends. The demand for gourmet, healthy, and environmentally responsible cuisine is rising, particularly among the urban, health-conscious population and a thriving expatriate community. Thus, the strong growth of the food service industries in Brazil and the UAE, combined with improving disposable incomes in Nigeria, is setting the stage for the expansion of the market in these diverse regions.

Free Valuable Insights: The Worldwide Plant-based Seafood Market is Projected to reach USD 1.07 Billion by 2032, at a CAGR of 8.2%

Based on Type, the market is segmented into Fish, Prawn & Shrimp, Crab, and Other Type. Based on Source, the market is segmented into Soy, Pea, Wheat, and Other Source. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, and Other Distribution Channel. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Beyond Meat, Inc.
  • Impossible Foods Inc.
  • Konscious Foods Canada Inc.
  • Glanbia PLC
  • Ingredion, Incorporated
  • Tyson Foods, Inc.
  • PURIS
  • Royal Avebe
  • Marlow Foods Limited (Quorn Foods)
  • Nestle S.A.

LAMEA Plant-based Seafood Market Report Segmentation

By Type

  • Fish
  • Prawn & Shrimp
  • Crab
  • Other Type

By Source

  • Soy
  • Pea
  • Wheat
  • Other Source

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online
  • Other Distribution Channel

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Plant-based Seafood Market, by Type
1.4.2 LAMEA Plant-based Seafood Market, by Source
1.4.3 LAMEA Plant-based Seafood Market, by Distribution Channel
1.4.4 LAMEA Plant-based Seafood Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. LAMEA Plant-based Seafood Market by Type
4.1 LAMEA Fish Market by Country
4.2 LAMEA Prawn & Shrimp Market by Country
4.3 LAMEA Crab Market by Country
4.4 LAMEA Other Type Market by Country

Chapter 5. LAMEA Plant-based Seafood Market by Source
5.1 LAMEA Soy Market by Country
5.2 LAMEA Pea Market by Country
5.3 LAMEA Wheat Market by Country
5.4 LAMEA Other Source Market by Country

Chapter 6. LAMEA Plant-based Seafood Market by Distribution Channel
6.1 LAMEA Supermarkets & Hypermarkets Market by Country
6.2 LAMEA Convenience Stores Market by Country
6.3 LAMEA Online Market by Country
6.4 LAMEA Other Distribution Channel Market by Country

Chapter 7. LAMEA Plant-based Seafood Market by Country
7.1 Brazil Plant-based Seafood Market
7.1.1 Brazil Plant-based Seafood Market by Type
7.1.2 Brazil Plant-based Seafood Market by Source
7.1.3 Brazil Plant-based Seafood Market by Distribution Channel
7.2 Argentina Plant-based Seafood Market
7.2.1 Argentina Plant-based Seafood Market by Type
7.2.2 Argentina Plant-based Seafood Market by Source
7.2.3 Argentina Plant-based Seafood Market by Distribution Channel
7.3 UAE Plant-based Seafood Market
7.3.1 UAE Plant-based Seafood Market by Type
7.3.2 UAE Plant-based Seafood Market by Source
7.3.3 UAE Plant-based Seafood Market by Distribution Channel
7.4 Saudi Arabia Plant-based Seafood Market
7.4.1 Saudi Arabia Plant-based Seafood Market by Type
7.4.2 Saudi Arabia Plant-based Seafood Market by Source
7.4.3 Saudi Arabia Plant-based Seafood Market by Distribution Channel
7.5 South Africa Plant-based Seafood Market
7.5.1 South Africa Plant-based Seafood Market by Type
7.5.2 South Africa Plant-based Seafood Market by Source
7.5.3 South Africa Plant-based Seafood Market by Distribution Channel
7.6 Nigeria Plant-based Seafood Market
7.6.1 Nigeria Plant-based Seafood Market by Type
7.6.2 Nigeria Plant-based Seafood Market by Source
7.6.3 Nigeria Plant-based Seafood Market by Distribution Channel
7.7 Rest of LAMEA Plant-based Seafood Market
7.7.1 Rest of LAMEA Plant-based Seafood Market by Type
7.7.2 Rest of LAMEA Plant-based Seafood Market by Source
7.7.3 Rest of LAMEA Plant-based Seafood Market by Distribution Channel

Chapter 8. Company Profiles
8.1 Beyond Meat, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Research & Development Expenses
8.2 Impossible Foods, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Product Launches and Product Expansions:
8.2.3 SWOT Analysis
8.3 Konscious Foods Canada Inc.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Geographical Expansions:
8.4 Glanbia PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Ingredion Incorporated
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Tyson Foods, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 PURIS
8.7.1 Company Overview
8.8 Royal Avebe
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Marlow Foods Limited (Quorn Foods)
8.9.1 Company Overview
8.10. Nestle S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis
TABLE 1 LAMEA Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 2 LAMEA Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 3 LAMEA Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 4 LAMEA Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 5 LAMEA Fish Market by Country, 2021 - 2024, USD Million
TABLE 6 LAMEA Fish Market by Country, 2025 - 2032, USD Million
TABLE 7 LAMEA Prawn & Shrimp Market by Country, 2021 - 2024, USD Million
TABLE 8 LAMEA Prawn & Shrimp Market by Country, 2025 - 2032, USD Million
TABLE 9 LAMEA Crab Market by Country, 2021 - 2024, USD Million
TABLE 10 LAMEA Crab Market by Country, 2025 - 2032, USD Million
TABLE 11 LAMEA Other Type Market by Country, 2021 - 2024, USD Million
TABLE 12 LAMEA Other Type Market by Country, 2025 - 2032, USD Million
TABLE 13 LAMEA Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 14 LAMEA Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 15 LAMEA Soy Market by Country, 2021 - 2024, USD Million
TABLE 16 LAMEA Soy Market by Country, 2025 - 2032, USD Million
TABLE 17 LAMEA Pea Market by Country, 2021 - 2024, USD Million
TABLE 18 LAMEA Pea Market by Country, 2025 - 2032, USD Million
TABLE 19 LAMEA Wheat Market by Country, 2021 - 2024, USD Million
TABLE 20 LAMEA Wheat Market by Country, 2025 - 2032, USD Million
TABLE 21 LAMEA Other Source Market by Country, 2021 - 2024, USD Million
TABLE 22 LAMEA Other Source Market by Country, 2025 - 2032, USD Million
TABLE 23 LAMEA Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 24 LAMEA Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 25 LAMEA Supermarkets & Hypermarkets Market by Country, 2021 - 2024, USD Million
TABLE 26 LAMEA Supermarkets & Hypermarkets Market by Country, 2025 - 2032, USD Million
TABLE 27 LAMEA Convenience Stores Market by Country, 2021 - 2024, USD Million
TABLE 28 LAMEA Convenience Stores Market by Country, 2025 - 2032, USD Million
TABLE 29 LAMEA Online Market by Country, 2021 - 2024, USD Million
TABLE 30 LAMEA Online Market by Country, 2025 - 2032, USD Million
TABLE 31 LAMEA Other Distribution Channel Market by Country, 2021 - 2024, USD Million
TABLE 32 LAMEA Other Distribution Channel Market by Country, 2025 - 2032, USD Million
TABLE 33 LAMEA Plant-based Seafood Market by Country, 2021 - 2024, USD Million
TABLE 34 LAMEA Plant-based Seafood Market by Country, 2025 - 2032, USD Million
TABLE 35 Brazil Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 36 Brazil Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 37 Brazil Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 38 Brazil Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 39 Brazil Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 40 Brazil Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 41 Brazil Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 42 Brazil Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 43 Argentina Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 44 Argentina Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 45 Argentina Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 46 Argentina Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 47 Argentina Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 48 Argentina Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 49 Argentina Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 50 Argentina Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 51 UAE Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 52 UAE Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 53 UAE Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 54 UAE Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 55 UAE Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 56 UAE Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 57 UAE Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 58 UAE Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 59 Saudi Arabia Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 60 Saudi Arabia Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 61 Saudi Arabia Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 62 Saudi Arabia Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 63 Saudi Arabia Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 64 Saudi Arabia Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 65 Saudi Arabia Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 66 Saudi Arabia Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 67 South Africa Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 68 South Africa Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 69 South Africa Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 70 South Africa Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 71 South Africa Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 72 South Africa Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 73 South Africa Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 74 South Africa Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 75 Nigeria Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 76 Nigeria Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 77 Nigeria Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 78 Nigeria Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 79 Nigeria Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 80 Nigeria Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 81 Nigeria Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 82 Nigeria Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 83 Rest of LAMEA Plant-based Seafood Market, 2021 - 2024, USD Million
TABLE 84 Rest of LAMEA Plant-based Seafood Market, 2025 - 2032, USD Million
TABLE 85 Rest of LAMEA Plant-based Seafood Market by Type, 2021 - 2024, USD Million
TABLE 86 Rest of LAMEA Plant-based Seafood Market by Type, 2025 - 2032, USD Million
TABLE 87 Rest of LAMEA Plant-based Seafood Market by Source, 2021 - 2024, USD Million
TABLE 88 Rest of LAMEA Plant-based Seafood Market by Source, 2025 - 2032, USD Million
TABLE 89 Rest of LAMEA Plant-based Seafood Market by Distribution Channel, 2021 - 2024, USD Million
TABLE 90 Rest of LAMEA Plant-based Seafood Market by Distribution Channel, 2025 - 2032, USD Million
TABLE 91 Key Information – Beyond Meat, Inc.
TABLE 92 Key Information – IMpossible Foods, Inc.
TABLE 93 Key Information – Konscious Foods Canada Inc.
TABLE 94 Key Information – Glanbia PLC
TABLE 95 Key Information – Ingredion Incorporated
TABLE 96 Key Information – Tyson Foods, Inc.
TABLE 97 Key Information – PURIS
TABLE 98hKey Information – royal avebe
TABLE 99 Key Information – Quorn Foods
TABLE 100 Key Information – Nestle S.A.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Plant-based Seafood Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Plant-based Seafood Market
FIG 4 Porter’s Five Forces Analysis – Plant-based Seafood Market
FIG 5 LAMEA Plant-based Seafood Market share by Type, 2024
FIG 6 LAMEA Plant-based Seafood Market share by Type, 2032
FIG 7 LAMEA Plant-based Seafood Market by Type, 2021 - 2032, USD Million
FIG 8 LAMEA Plant-based Seafood Market share by Source, 2024
FIG 9 LAMEA Plant-based Seafood Market share by Source, 2032
FIG 10 LAMEA Plant-based Seafood Market by Source, 2021 - 2032, USD Million
FIG 11 LAMEA Plant-based Seafood Market share by Distribution Channel, 2024
FIG 12 LAMEA Plant-based Seafood Market share by Distribution Channel, 2032
FIG 13 LAMEA Plant-based Seafood Market by Distribution Channel, 2021 - 2032, USD Million
FIG 14 LAMEA Plant-based Seafood Market share by Country, 2024
FIG 15 LAMEA Plant-based Seafood Market share by Country, 2032
FIG 16 LAMEA Plant-based Seafood Market by Country, 2021 - 2032, USD Million
FIG 17 Swot Analysis: Impossible Foods, Inc.
FIG 18 Swot Analysis: Glanbia PLC
FIG 19 SWOT Analysis: Ingredion Incorporated
FIG 20 Swot Analysis: Tyson Foods, Inc.
FIG 21 SWOT Analysis: Royal Avebe
FIG 22 SWOT Analysis: Nestle S.A.

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