Vegetarian shrimps are poised to conquer the market

Multinational food corporation Tyson Foods just announced an investment in Silicon Valley startup New Wave Foods, which is determined to conquer the market with artificial shrimp.

New Wave Foods is a start-up company that, together with Impossible Foods and Beyond Meat, leads the market for plant-based alternative to meat products. The basis of the artificial shrimp is seaweed, vegetable protein and a number of secret ingredients.

According to experts, the new product will make the market completely independent of live shrimp supplies and price fluctuations. In addition, according to the World Wildlife Fund, shrimp raised on specialized farms are causing serious damage to wetland ecosystems. Research conducted in 2018 showed a consistently high demand for shrimp, which could have a direct impact on climate change.