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Increasing meat consumption is likely to promote innovation in cultured meat manufacturing, propelling the market during the forecast period.

The global cultivated meat market is expected to grow from $6.63 billion in 2022 to $7.87 billion in 2023 at a compound annual growth rate (CAGR) of 18.7%. The global cultivated meat market size is expected to reach $14.77 billion in 2027 at a CAGR of 17%.

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Global Cultivated Meat Market Segments Include:

• By Type: Red Meat, Poultry, Seafood
• By Sources: Poultry, Beef, Seafood, Pork, Duck
• By End-User: Nuggets, Burgers, Meatballs, Sausage, Hot dogs, Other End-Users
• 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 is the largest region in the global cultivated meat market in 2021.

Major Market Players in the cultivated meat market include Aleph Farms Ltd., MosaMeat BV, SuperMeat Just Inc, Integriculture Inc., Finless Foods Inc., Avant Meats Company Limited, Higher Steaks, Biofood Systems LTD., Fork & Goode Inc.

Technological innovations are a major trend that is gaining traction in the farmed meat sector. To maintain their market position, major corporations in the cultured meat market are creating new and improved technology. For example, Meatable BV, a biotechnology company based in the Netherlands, presented their novel pork sausages product in July 2022. The company has been developing and optimising its method for producing grown meat using opti-oxTM technology without the need of FBS (foetal bovine serum). To create actual meat with the same structure, texture, glossiness, and distinct pork flavour, a single-cell sample collected from an animal is required. The product even generates the customary sizzle in the pan, exactly like regular sausages, and grows in just a few weeks, with study indicating that cultured meat may cut the meat industry’s environmental effect by up to 92%.

The Cultivated Meat Global Market Report 2023  provides a cultivated meat market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cultivated meat market forecast analyzes cultivated meat market size, cultivated meat market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Cultivated meat, also known as cultured meat, is meat made in a lab by directly cultivating animal cells. Cultivated meat is made by extracting cells from living animals and growing them in a bioreactor with nutrients. The produced meat is utilised to meet the growing human population’s desire for food.

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