Cultured Meat Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Appleton Meats, Higher Steaks, Biofood Systems LTD, Fork & Goode

The Cultured Meat market is estimated to grow at a CAGR of 14.5% over the forecast period, from USD 195 million in 2021 to USD 515 million in 2027. (2022 - 2027).

Cultured Meat Market Overview

Cultured meat, also known as in vitro meat, is a sort of artificial meat made using tissue engineering and cellular agriculture techniques. Meat has long been relied upon to meet human nutritional needs, as it is an excellent source of omega-3 fatty acids, vitamin B12, protein, and iron. In vitro meat is created in the lab by culturing muscle cells from animals and allowing them to develop and proliferate in culture conditions.

This market's expansion is linked to the increasing number of investors, such as Cargill and Tyson Foods. Innovations in cellular agriculture, as well as a growing predisposition toward animal welfare and environmental sustainability, are likely to fuel the worldwide cultured meat sector. During the forecast period, the market is expected to develop due to rising meat consumption and increased demand for nutritional meat. This rising trend in protein consumption is likely to create a number of opportunities for meat processors and food firms to invest in alternative meat proteins, such as cultured meat, in order to meet customer demand.

The report aspects discussed the profile of the top manufacturers of the global Cultured Meat market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Cultured Meat Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Industry News and Updates

September 13, 2021: Nomad Foods and BlueNalu collaborate to introduce cell-cultured seafood in Europe--

Nomad Foods (NYSE: NOMD), Europe’s leading frozen food company and BlueNalu,1 a leading innovative food company developing a variety of seafood products directly from fish cells, have agreed to explore the introduction of cell-cultured seafood in Europe, where demand for sustainably produced, healthy seafood products continue to grow. Europe is the largest importer of seafood in the world due to high consumption rates, with EU citizens consuming more than three times as much as they produce.

Cultured Meat Market Growth Drivers

• Demand for animal-free alternatives is increasing. The growing popularity of online food delivery is driving up demand for cultured meat.


• Food safety and health benefits have improved.


• Animal welfare is a priority.


• The rising Southeast Asian economies have high per capita meat consumption and imports.


• The market for cultured poultry meat products is being driven by the high demand for quick-service restaurants.


• Consumption of meat and meat products is increasing.

What are the major Applications, Types and Regions for Cultured Meat Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Poultry


• Pork


• Beef


• Duck

By Application, it is segmented into

• Nuggets


• Burgers


• Meatballs


• Sausages


• Hot dogs


• Others (include pet food and foie gras)

Cultured Meat Market Segments Analysis

• The poultry segment is expected to grow at a CAGR of more than 270% through 2030. Chicken and turkey are two poultry sources of cultured meat that can be employed in a variety of food products. The cultured meat business will benefit from rising demand for poultry meat, as well as consumer concerns about animal-friendly food products.


• The demand for nuggets is increasing significantly as an important processed meat product. As a result, North America is predicted to be the largest market for cultured meat in 2021. In the United States and other North American countries, chicken remains the most popular meat product. Nuggets are one of the most common ways that chicken flesh is consumed in different countries. Consumers are looking for solutions that are handy to eat at any time, thanks to the growing popularity of on-the-go lifestyles and snacking goods, notably in the United States.

Cultured Meat Market Regional Analysis

North America is expected to dominate the sector with the greatest cultured meat market share in 2021. The highest part is predicted to be driven by an increase in inventions and advances, as well as increased spending on efficient R&D. Consumers are shifting from conventional meat to cultured meat products due to health concerns about meat consumption, a surge in investor interest in alternative proteins, and the possibility to deliver the essential nutrition in tailor-made proteins. Metropolitan areas in the United States and Canada are likely to lead growth due to a higher percentage of flexitarians who are open to and embrace meat alternatives and alternative proteins. In the region, there is a growing demand for alternative proteins, which promotes expanded production.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Cultured Meat Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Cultured Meat Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Cultured Meat Market report scope?

Frequently Asked Questions

What is the growth rate of Cultured Meat Market?

The Cultured Meat Market is growing at a CAGR of 14.5% over the next 5 years.

Who are the key players in Cultured Meat Market?

Appleton Meats (Canada), Higher Steaks (UK), Biofood Systems LTD (Israel), Fork & Goode (US), Finless Foods Inc. (US), Avant Meats Company Limited (China), Balletic Foods (US), Future Meat Technologies Ltd (Israel), Meatable (Netherlands), Mission Barns (US), Bluenalu, Inc. (US), New Age Meats (US), Aleph Farms Ltd (Israel), Memphis Meats (US), MosaMeat (Netherlands), SuperMeat (Israel), Just, Inc (US), Integriculture (Japan)

What are the significant types of Cultured Meat Market?

Poultry, Pork, Beef, Duck

What are the major end-use applications of Cultured Meat Market?

Nuggets, Burgers, Meatballs, Sausages, Hot dogs, Others (include pet food and foie gras)

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