In Thailand and around the globe, there is a palpable sense of alarm that consumer demand for seafood is outpacing aquatic species' ability to replenish themselves.
Worldwide per capita fish consumption has accelerated faster than all other animal proteins, but is projected to slow down by 2030 because demand will surpass supply in many key markets. If fish populations continue to decline, research shows that over 800 million people are at risk of malnutrition.
To address these risks and fulfill rising consumer demand for secure and sustainable protein, many of Asia's leading food companies, from Thai Union to Mitsubishi Corporation, have started to embrace the nascent field of "alternative seafood." It's a booming category that includes everything from plant-based fish nuggets to shrimp meat cultivated directly from animal cells.