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Even though seafood alternatives account for only a small fraction of the current total plant-based protein market, it is primed for fast-paced growth and holds the most promise for capturing market share from its animal-based conventional counterpart, according to the co-founder of the aquaculture technology investment firm Hatch.
The Plant Based Seafood Company, a new seafood analog product venture formed by the owners of the Van Cleve Seafood Co., has nabbed significant pre-seed funding and purchased a new production facility to grow distribution of its Mind Blown brand.