Food And Beverages

Global Cultured Meat Market Size, Forecasts, And Opportunities

November 3, 2021November 3, 2021 by The Business Research Company

Learn about the global cultured meat market through The Business Research Company, which provides information on cultured meat market size, cultured meat market drivers and restraints, cultured meat market players, the COVID-19 impact on the cultured meat market, and more.

The global cultured meat market is expected to grow from $110.09 million in 2020 to $127.67 million in 2021 at a compound annual growth rate (CAGR) of 16%. The growth of the cultured meat market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cultured meat market is expected to reach $275.59 million in 2025 at a CAGR of 21.2%.

The increasing consumption of meat across the globe is expected to drive cultured meat manufacturing, thus driving the market during the forecast period.

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The cultured meat market consists of sales of lab-grown meat products by entities (organization, partnerships, and sole traders) that produce meat created in culture using different tissue of animals and bio-engineered techniques. Cultured meat is also known as clean meat or in vitro meat and acts as a healthier alternative to conventional animal meat. The cultured meat is grown in a laboratory using animal stem cells or also called building block cells. These cells are soaked in liquid containing nutrients to help them duplicate and then transferred to the bioreactor, where the meat is grown.

Global cultured meat market segments include:

By Type: Poultry, Beef, Seafood, Pork, Duck

By Application: Nuggets, Sausages, Burgers, Hot Dogs, Meatballs, Others

By Distribution Channel: Hypermarkets, Food And Drink Specialty Stores, Convenience Stores, Online Retail, Others

By End-User: Household, Food Services

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cultured meat market in 2020.

Meat made from 3D printed cells is gaining popularity among meat production companies to create precise digitally printed structures. 3D printed cultured meat has evolved in recent months to develop 3D printed hybrid cells and plant-based meats.

TBRC’s cultured meat market report covers:

Major Market Players: Memphis Meats, MosaMeat, SuperMeat, Integriculture Inc., Aleph Farms, Finless Foods, Mission Barns, Lab Farm Foods, Future Meat Technologies, Avant Meats Company, Biofood Systems, Meatable, Redefine Meat, Vow Foods, and Modern Meadow.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Cultured Meat Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides cultured meat market overviews, analyzes and forecasts market size, share, cultured meat market players, cultured meat market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cultured meat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Meat Products Global Market Report 2021

Meat, Poultry And Seafood Global Market Report 2021

Egg Global Market Report 2021

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