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The Spoon

Daily news and analysis about the food tech revolution

alternative seafood

Plantish Comes Out of Stealth Mode to Unveil Plant-Based Salmon Fillet

Salmon is one of the most popular fish choices to consume, and in the U.S., it is estimated that Americans eat a total of about 450,000 pounds of it a year. Unfortunately for vegans and vegetarians, there has not been a plant-based salmon product that has the ability to directly replace real salmon in all of its classic applications. Plantish, a start-up based in Rehovot, Israel, is looking to change that, and unveiled its plant-based salmon fillet this week.

Plantish is a newer company in the food tech space that was founded six months ago in 2021. Despite being so young, the company raised a pre-seed round of $2 million USD, led by TechAviv Founder Partners, in the middle of 2021.

The company’s first product is called Plantish Salmon, which will be a fully structured, boneless, plant-based salmon fillet. Although the company could not disclose what exactly the ingredients the fillet is made out of, they did state that it will have the same nutritional value as real salmon, including high protein content, B vitamins, and both Omega-3 and Omega-6 fatty acids.

According to the company, its alternative salmon fillet can be used in any application that conventional salmon is used in. The whole-cut fish analog aims to achieve the same flavor, structure, and texture as a regular salmon fillet.

What Plantish guarantees that it salmon fillet doesn’t have is mercury, microplastics, antibiotics, or other toxins. Sadly, this guarantee cannot be made with all wild-caught or farmed raised salmon. Farmed raised salmon can be fed large amounts of antibiotics, while wild-caught fish raises concerns about overfishing and being contaminated with microplastics.

In 2022, you can find a good plant-based burger (and many other meat analogs) in grocery stores or a restaurant with ease. Vegan seafood? Not so much. Compared to the plant-based meat category, the plant-based seafood category is significantly smaller, and the Good Food Institute has called the plant-based seafood space a “white space“. On top of this, many alternative seafood products come in an minced form, rather than a whole-cut fillet.

Good Catch is one company that produces vegan seafood products, and it launched a new plant-based salmon burger product last week. One other company working towards a plant-based salmon fillet is Revo Foods, which is based in Austria and is using bioprinting technology for some of its alternative products.

As exciting as Plantish Salmon is, the company shared that it is planning for the official launch of the product in 2024. Until then, Plantish will be executing tasting pop-ups that are slated to begin towards the end of 2022.

Aqua Cultured Foods Is Creating Whole Muscle Cuts of Seafood Using Fungi

Seafood is the most traded commodity in the world, and it is estimated that 85 percent of wild fish stocks are overfished or fully exploited. As a way to address the plethora of environmental issues found within the commercial seafood industry, startup Aqua Cultured Foods is developing alternative forms of seafood using fermentation.

The company, based in Chicago, Illinois, is in the process of developing whole muscle cuts of alternative seafood using fungi. I spoke on the phone this week with Anne Palermo, the CEO and founder of Aqua Cultured Foods, who was looking for a solution that could help feed the rapidly growing global population. She said, “The more I looked into fermentation, the more I thought that was the way to do it. You can create whole, bioavailable proteins that are very efficient to produce anywhere in the world.”

Using its fermentation process, Aqua Cultured Foods can produce a wide variety of seafood analogs — shrimp, white fish, ahi tuna, scallops, and calamari, to name a few. According to Palermo, the products will have the slippery and delicate texture found in many types of seafood, and will also contain the vitamin B12, which can sometimes be challenging to acquire naturally in a vegan or plant-based diet.

When asked about the process and tech behind developing the whole-muscle cuts of seafood, Palermo said she could not share much at the moment. The startup currently has three pending patents for its alternative seafood and the process behind it, including one for its proprietary fungi.

The Good Food Institute considers the plant-based seafood industry a white space, and this sector currently only accounts for 1 percent of total plant-based meat sales. There are so many different types and species of seafood, so at the moment there are seemingly endless possibilities for innovation in this space.

For alternative seafood, there are three different categories: plant-based, cultured, and fermentation. Aqua Cultured Foods seems to be really the only company in the fermentation category, but Prime Roots and Quorn each have one alternative seafood product (lobster ravioli and fish sticks). Blue Nalu, Wild Type, Shiok Meats, Avant Meats are a few companies that fall into the cultured meat category. The plant-based category includes Sophie’s Kitchen, New Waves Foods, Good Catch, and Hooked.

Popcorn shrimp will be the first product launched by Aqua Cultured Foods, but the release date of the product has yet to be announced. The whole-muscle cuts of seafood will be available at some point after the popcorn shrimp on retailer shelves.

Revo Foods Raises €1.5M to Advance its 3D-Printed Alternative Salmon

Austria-based Revo Foods crafts 3D-printed salmon made from plant-based ingredients, and over the weekend the company announced that it has raised €1.5 million euros (~$1.78 million USD) in funding. This is the company’s first round of funding, and it included participation from Hazelpond Capital, Eva Summer (CPO of Peace of Meat), Friends2grow, Jens Schuman, MKO Holdings, and national support from the FFG Austrian Research Promotion Agency and Vienna Business Agency.

Revo Foods’ funding will be used to accelerate its 3D food printing process, as well as expand its team. The company has several plant-based salmon products that its plans on launching in Europe this year. Its smoked salmon strips and smoked salmon spread is made from pea protein, citrus fiber, and algae oil (these products are not made through 3D printing). The plant-based salmon sashimi is still being developed, and is created using a 3D printing process to create complex structures similar to real salmon.

The company held the first live tasting of its plant-based salmon products at the beginning of March. The tasting was held in Vienna, Austria and Revo Foods partnered with Budapest Bagels to serve its smoked salmon strips in the bagels. Only a handful of journalists were able to attend in person, and one food vegan food writer said, “It tastes too similar like fish, I can hardly eat it.”

There are a few other notable players in the plant-based fish space, however, these companies do not use 3D printing like Revo Foods. In the U.S., Gathered Foods (the parent company of Good Catch) raised $26.35 million in a B-2 bridge funding round at the beginning of April. Hooked is a Swedish-based company that produces plant-based tuna and shredded salmon alternatives. New Wave Foods announced the last week of March that its’ plant-based seafood alternative is now available for foodservice companies and restaurants.

Revo Foods plans on launching its smoked salmon strips first in Europe within 2021. In the next two to three months, the company expects to finalize the development of its plant-based salmon sashimi.

New Wave Foods Debuts Plant-Based Shrimp in US Foodservice Companies

Tyson-backed New Wave Foods announced today that it is launching its plant-based shrimp alternative in foodservice companies and restaurants throughout the U.S. The company signed a non-exclusive agreement with the largest foodservice redistributor in the U.S., Dot Foods, to make its product commercially available.

New Wave Shrimp is made from a combination of mung bean, seaweed, and other plant-based ingredients. The plant-based shrimp can be used just like regular shrimp – it can be grilled, baked, sautéed, fried, and seared. Besides being vegan, gluten-free, and non-GMO, the shrimp alternative is also suitable for those who have a shellfish allergy.

Shrimp is the most consumed seafood in the U.S., and the population of wild shrimp continues to decline due to environmental pollution and overfishing. Additionally, shrimp fishing produces a lot of bycatch, which can reduce the population of wild fish and turtles. Farmed shrimp is an alternative to wild-caught shrimp, however, it can contain high amounts of unwanted antibiotics, be farmed by slave labor, and emit a high amount of carbon dioxide.

Other companies besides New Wave Foods are focused on providing a sustainable and plant-based option to wild and farmed shrimp. The Plant Based Seafood Co. has three varieties of plant-based shrimp, coconut-crusted, breaded, and regular, made from a base of konjac powder. Sophie’s Kitchen produces a variety of plant-based seafood products and its shrimp alternative is made from rice flakes, potato-starch, and konjac.

New Wave Shrimp is the first product from the company, and we may start seeing the product on restaurant menus by mid-2021. In 2022, New Wave Foods plans on expanding its product line to include lobster, scallops, and crabs.