Plant-based analogs, cell-based seafood competing for market share

Executives with a plant-based seafood analog producer and a developer of cell-cultured seafood said competition is heating up between the two types of products and their makers’ quest for funding.

China’s new preoccupation with food security and food price inflation are potential game-changers for alternative proteins producers in the country, according to Stephanie Fong, a spokesperson for Green Monday, the parent company of Hong Kong-based Omnifoods, which produces the OmniSeafood range.

Fong said her company is hopeful about signals of support for the plant-based protein industry from the Chinese government – specifically, a new ...

Photo courtesy of Green Monday