This Company Makes Sustainable Shrimp Out of Algae
Katherine Pendrill — December 9, 2015 — Social Good
References: newwavefoods & fastcoexist
'New Wave Foods' is an innovative startup that is making sustainable shrimp out of plant-based ingredients such as algae. In recent years, a number of companies have begun producing vegetarian-friendly meat products. Although there are plant-based burgers, chicken and eggs, there are few vegetarian seafood options.
To fill this void in the market, Dominique Barnes and Michelle Wolf founded New Wave Foods. The company is dedicated to producing plant-based seafood products that are suitable for vegetarians and vegans. The company's first product is sustainable shrimp made out of algae. In addition to algae, the faux shrimp also contain other plant proteins. The plant-based shrimp not only mimic the taste and texture of real shrimp, but they boast the same nutritional value as well.
Although the product is only a prototype at this time, the plant-based shrimp could provide a new seafood option for vegetarians and vegans everywhere.
To fill this void in the market, Dominique Barnes and Michelle Wolf founded New Wave Foods. The company is dedicated to producing plant-based seafood products that are suitable for vegetarians and vegans. The company's first product is sustainable shrimp made out of algae. In addition to algae, the faux shrimp also contain other plant proteins. The plant-based shrimp not only mimic the taste and texture of real shrimp, but they boast the same nutritional value as well.
Although the product is only a prototype at this time, the plant-based shrimp could provide a new seafood option for vegetarians and vegans everywhere.
Trend Themes
1. Plant-based Seafood - Developing plant-based alternatives to traditional seafood products offers a disruptive innovation opportunity.
2. Sustainable Food Innovation - Creating sustainable food options, like plant-based shrimp made from algae, is a growing trend in the industry.
3. Vegetarian/vegan Market - Catering to the increasing demand for vegetarian and vegan products, including seafood, presents an innovative business opportunity.
Industry Implications
1. Food and Beverage Industry - The food and beverage industry can capitalize on the trend of plant-based seafood by offering innovative and sustainable alternatives to traditional seafood products.
2. Plant-based Protein Industry - The plant-based protein industry can expand its product offerings by introducing plant-based seafood options, such as faux shrimp made from algae.
3. Alternative Proteins Marketplace - The alternative proteins marketplace can tap into the growing demand for vegetarian and vegan seafood options, like plant-based shrimp, to diversify its product range and attract new customers.
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