Global Vegan Sashimi Market Size, Trends, By Ingredient (Konjac, Tomato, Watermelon, Mushrooms, Soy, Seaweed, and Others), By Distribution Channel (Online, Offline), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Vegan Sashimi Market
The Global Vegan Sashimi Market was valued at US$ 105.11 Mn in 2022, estimated to reach US$ 187.32 Mn by 2030, with a CAGR of 7.44% from 2023-2030.
Vegan sashimi is a plant-based alternative to traditional sashimi, which is a Japanese delicacy made from thinly sliced raw fish. Vegan sashimi is typically made from plant-based ingredients like konjac root, soy protein, or seaweed, which are sliced to mimic the texture and appearance of raw fish. Some popular vegan sashimi options include "tuna" made from tomato or watermelon, "salmon" made from carrot or beetroot, and "eel" made from eggplant or shiitake mushroom. Vegan sashimi is a popular option for people who follow a vegan or vegetarian diet, as well as for those who want to reduce their consumption of animal products for health or environmental reasons.
Market Drivers
The growing trend of plant-based diets and the increasing demand for vegan and vegetarian alternatives to meat and seafood products are some of the main factors driving the market for vegan sashimi globally. Consumers are becoming more aware of the environmental and ethical impact of consuming animal-based products and are looking for plant-based alternatives that offer similar taste and texture.
Vegan sashimi, made from plant-based ingredients such as seaweed, konjac, and tofu, provides a sustainable and ethical alternative to traditional seafood sashimi. The health benefits of a plant-based diet, such as reducing the risk of chronic diseases, are also driving the demand for vegan sashimi. The rising number of vegan and vegetarian consumers, as well as flexitarians, who are reducing their meat and seafood intake, is also contributing to the growth of the vegan sashimi market.
Market Restraints
The global vegan sashimi market faces the restraint of the lack of awareness and acceptance of vegan sashimi among consumers, especially in traditional sushi-loving countries like Japan. Moreover, the taste and texture of vegan sashimi may not be the same as the traditional raw fish-based sashimi, which can be a significant factor for consumers. Another challenge is the availability of ingredients, which can be limited and expensive, resulting in higher production costs and increased prices for consumers.
Market Segmentation
The scope of the global vegan sashimi market covers segmentation based on ingredients, distribution channels, and region.
Based on ingredients, the market is segmented into konjac, tomato, watermelon, mushrooms, soy, seaweed, and others. Based on the distribution channel, the market is segmented into online and offline
Regional Analysis
The global vegan sashimi market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
The Asia Pacific is likely to see significant growth in demand for vegan sashimi, especially in East Asian countries, where traditional sashimi is a popular dish. This trend is likely to continue in the coming years as more consumers become aware of plant-based alternatives and seek healthier options.
North America and Europe are also expected to witness significant growth in the vegan sashimi market due to the increasing demand for plant-based foods in these regions. The rise in veganism and vegetarianism in these regions is one of the primary driving factors for the market's growth.
Key Players
Vegan Zeastar, VegeFarm, GTFO Vegan Foods, Ocean Hugger Foods Inc, Azumatei, Kind To Earth, Veg Fuzion, Friendly Vegetarian, BeLeaf Vegan, Boldly Foods, etc.
Market Taxonomy
By Ingredient
• Konjac
• Tomato
• Watermelon
• Mushrooms
• Soy
• Seaweed
• Others
By Distribution Channel
• Online
• Offline
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in Global Vegan Sashimi Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Vegan Sashimi Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Vegan Sashimi Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Vegan Sashimi Market, By Ingredient
5.1 Y-o-Y Growth Comparison, By Ingredient
5.2 Global Vegan Sashimi Market Share Analysis, By Ingredient
5.3 Global Vegan Sashimi Market Size and Forecast, By Ingredient
5.3.1 Konjac
5.3.2 Tomato
5.3.3 Watermelon
5.3.4 Mushrooms
5.3.5 Soy
5.3.6 Seaweed
5.3.7 Others
6 Global Vegan Sashimi Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Vegan Sashimi Market Share Analysis, By Distribution Channel
6.3 Global Vegan Sashimi Market Size and Forecast, By Distribution Channel
6.3.1 Online
6.3.2 Offline
7 Global Vegan Sashimi Market, By Region
7.1 Global Vegan Sashimi Market Share Analysis, By Region
7.2 Global Vegan Sashimi Market Size and Forecast, By Region
7.3 Global Vegan Sashimi Market Trends and Forecast, By Region
8 North America Vegan Sashimi Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Vegan Sashimi Market Share Analysis, By Ingredient
8.3 North America Vegan Sashimi Market Size and Forecast, By Distribution Channel
8.4 North America Vegan Sashimi Market Size and Forecast, By Country
8.4.1 U.S.
8.4.1.1 Market Size and Forecast, By Ingredient
8.4.1.2 Market Size and Forecast, By Distribution Channel
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Ingredient
8.4.2.2 Market Size and Forecast, By Distribution Channel
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Ingredient
8.4.3.2 Market Size and Forecast, By Distribution Channel
9 Europe Vegan Sashimi Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Vegan Sashimi Market Share Analysis, By Ingredient
9.3 Europe Vegan Sashimi Market Size and Forecast, By Distribution Channel
9.4 Europe Vegan Sashimi Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Ingredient
9.4.1.2 Market Size and Forecast, By Distribution Channel
9.4.2 France
9.4.2.1 Market Size and Forecast, By Ingredient
9.4.2.2 Market Size and Forecast, By Distribution Channel
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Ingredient
9.4.3.2 Market Size and Forecast, By Distribution Channel
9.4.4 Russia
9.4.4.1 Market Size and Forecast, By Ingredient
9.4.4.2 Market Size and Forecast, By Distribution Channel
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Ingredient
9.4.5.2 Market Size and Forecast, By Distribution Channel
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Ingredient
9.4.6.2 Market Size and Forecast, By Distribution Channel
9.4.7 Rest of Europe
9.4.7.1 Market Size and Forecast, By Ingredient
9.4.7.2 Market Size and Forecast, By Distribution Channel
10 Asia Pacific Vegan Sashimi Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Vegan Sashimi Market Share Analysis, By Ingredient
10.3 Asia Pacific Vegan Sashimi Market Size and Forecast, By Distribution Channel
10.4 Asia Pacific Vegan Sashimi Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Ingredient
10.4.1.2 Market Size and Forecast, By Distribution Channel
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Ingredient
10.4.2.2 Market Size and Forecast, By Distribution Channel
10.4.3 India
10.4.3.1 Market Size and Forecast, By Ingredient
10.4.3.2 Market Size and Forecast, By Distribution Channel
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Ingredient
10.4.4.2 Market Size and Forecast, By Distribution Channel
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Ingredient
10.4.5.2 Market Size and Forecast, By Distribution Channel
10.4.6 New Zealand
10.4.6.1 Market Size and Forecast, By Ingredient
10.4.6.2 Market Size and Forecast, By Distribution Channel
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Ingredient
10.4.7.2 Market Size and Forecast, By Distribution Channel
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Ingredient
10.4.8.2 Market Size and Forecast, By Distribution Channel
10.4.9 Rest of Asia
10.4.9.1 Market Size and Forecast, By Ingredient
10.4.9.2 Market Size and Forecast, By Distribution Channel
11 Latin America Vegan Sashimi Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Vegan Sashimi Market Share Analysis, By Ingredient
11.3 Latin America Vegan Sashimi Market Size and Forecast, By Distribution Channel
11.4 Latin America Vegan Sashimi Market Size and Forecast, By Country
11.4.1 Brazil
11.4.1.1 Market Size and Forecast, By Ingredient
11.4.1.2 Market Size and Forecast, By Distribution Channel
11.4.2 Argentina
11.4.2.1 Market Size and Forecast, By Ingredient
11.4.2.2 Market Size and Forecast, By Distribution Channel
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Ingredient
11.4.3.2 Market Size and Forecast, By Distribution Channel
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Ingredient
11.4.4.2 Market Size and Forecast, By Distribution Channel
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Ingredient
11.4.5.2 Market Size and Forecast, By Distribution Channel
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Ingredient
11.4.6.2 Market Size and Forecast, By Distribution Channel
11.4.7 Rest of Latin America
11.4.7.1 Market Size and Forecast, By Ingredient
11.4.7.2 Market Size and Forecast, By Distribution Channel
12 Middle East Vegan Sashimi Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Vegan Sashimi Market Share Analysis, By Ingredient
12.3 Middle East Vegan Sashimi Market Size and Forecast, By Distribution Channel
12.4 Middle East Vegan Sashimi Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.1.1 Market Size and Forecast, By Ingredient
12.4.1.2 Market Size and Forecast, By Distribution Channel
12.4.2 UAE
12.4.2.1 Market Size and Forecast, By Ingredient
12.4.2.2 Market Size and Forecast, By Distribution Channel
12.4.3 Egypt
12.4.3.1 Market Size and Forecast, By Ingredient
12.4.3.2 Market Size and Forecast, By Distribution Channel
12.4.4 Kuwait
12.4.4.1 Market Size and Forecast, By Ingredient
12.4.4.2 Market Size and Forecast, By Distribution Channel
12.4.5 South Africa
12.4.5.1 Market Size and Forecast, By Ingredient
12.4.5.2 Market Size and Forecast, By Distribution Channel
12.4.6 Rest of Middle East & Africa
12.4.6.1 Market Size and Forecast, By Ingredient
12.4.6.2 Market Size and Forecast, By Distribution Channel
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Vegan Zeastar
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 VegeFarm
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 GTFO Vegan Foods
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Ocean Hugger Foods Inc
14.4.1 Overview
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Azumatei
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Kind To Earth
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Veg Fuzion
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Friendly Vegetarian
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 BeLeaf Vegan
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Boldly Foods
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
