Global cultured meat market size to grow substantially over 2021-2030

The latest report on ‘global cultured meat market’ contains a conclusive overview of this business sphere for the analysis period 2020-2027. It encompasses all significant aspects such as industry valuation, market size, growth determinants, and restraining factors influencing the growth trajectory with respect to regional terrain and competitive landscape.

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Selbyville, Delaware, May 10, 2021 (GLOBE NEWSWIRE) -- As per the industry analysts, global cultured meat market size is expected to showcase an appreciable growth over 2021-2030, hence amassing USD 206.6 million by the year 2025. The growth can be credited to rising concerns for animal welfare, varying dietary preferences of people, and rapid urbanization.

Moreover, the research literature inspects this business sphere through various segments such as source type, and end use scope. All factors accountable for development of every segment are recognized when determining the best growth avenues for the coming years. Lastly, it also evaluates the prominent players based on parameters like their investment discretion, positioning, and other financial attributes.

Rising cognizance regarding lab grown meat and other health related benefits is further enhancing the overall market outlook. Moreover, concern regarding increasing slaughter of animals, and surging demand of meat are leading to growing intake of cultured meat, in turn driving the industry development.

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Further, emphasis on environment sustainability, and rising trend of veganism are projected to propel worldwide cultured meat industry expansion over the study period.

Covid-19 impact:

The unprecedented COVID-19 outbreak has negatively impacted the meat industry as imports and exports from various nations are restricted. This is giving rise to the popularity of lab grown meat, preparing the industry for such kind of crisis in the future, thereby acting as stimulant for global cultured meat market.

Market segmentation overview

Based on source type, global cultured meat industry is split into pork, seafood, beef, and poultry. With respect to end use scope, the marketplace is segmented into hotdogs, sausages, meatballs, burgers, nuggets, and others.

Regional terrain summary

Regionally, Asia Pacific cultured meat industry is anticipated to witness considerable growth over the coming years, owing to rising disposable income, rapid urbanization, and surging demand of meat. Additionally, increasing investments in new startups and technological advancements are stimulating the regional industry expansion.

Asia Pacific and North American regions are witnessing rising popularity of veganism and healthy lifestyle which is swaying the industry dynamics.

On the other hand, Europe market is slated to generate substantial revenues by the year 2030, owing to innovations by regional players. Citing an instance, Higher Steaks Ltd., a UK startup, is growing stem cells for the development of pork sausage mince in Europe. Instead of fetal bovine serum, the company employs protocols developed exclusively for it by its partners, the University of Minnesota, which enable stem cells to be reprogrammed into muscle and fat tissues.

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Global Cultured Meat Market by Source Type (Value, USD Million, 2021-2030)

  • Pork
  • Seafood·Beef
    ·Poultry
    Global Cultured Meat Market by End User Scope (Value, USD Million, 2021-2030)
  • Hotdogs·Sausage
    ·Meatballs
    ·Burgers
    ·Nuggets
    ·Others

Global Cultured Meat Market Regional Bifurcation (Value, USD Million, 2021-2030)

North America

  • Canada
  • United States

Europe

  • Germany
  • United Kingdom

Asia Pacific

  • Japan
  • Singapore

LAMEA

Rest of the World

Global Cultured Meat Market Top Vendors (Value, USD Million, 2021-2030)

  • Finless Foods Inc.
  • BlueNalu Inc.
  • Aleph Farms
  • Memphis Meats
  • Mosa Meat
  • Shiok Meat
  • Eat Just Inc.
  • Modern Meadow
  • IntegriCulture Inc.
  • Future Meat Technologies Ltd.

Table of Content:

1. Report Scope and Methodology

1.1 Scope of the Report

1.2 Research Methodology

1.3 Executive Summary

2. Strategic Recommendations

3.  Global Cultured Meat Market: Product Overview

4. Global Cultured Meat Market: An Analysis

4.1 Market Size, By Value, 2021-2025 

4.2 Market Size, By Value, 2026-2030 

4.3 Impact of COVID-19 on Global Cultured Meat Market

4.4 Global Economic & Industrial Outlook

5. Global Cultured Meat Market: Segmental Analysis

5.1 Global Cultured Meat Market by Source

5.2 Competitive Scenario of Global Cultured Meat Market- By Source

5.3 By Poultry, By Value (USD Million), 2021-2030

5.4 By Beef, By Value (USD Million), 2021-2030

5.5 By Seafood, By Value (USD Million), 2021-2030

6. Global Cultured Meat Market By End Use

6.1 Global Cultured Meat Market: Segment Analysis

6.2 Competitive Scenario of Global Cultured Meat Market- By End Use

6.3 By Nuggets, By Value (USD Million), 2021-2030

6.4 By Burgers, By Value (USD Million), 2021-2030

6.5 By Meatballs, By Value (USD Million), 2021-2030

7. Global Cultured Meat Market: Regional Analysis

7.1 Competitive Scenario of Global Cultured Meat Market- By Region

8. North America Cultured Meat Market: An Analysis

8.1 North America Cultured Meat Market- Size and Forecast (2021-2030)

8.2 North America Economic & Industrial Outlook

8.3 North America Cultured Meat Market: Prominent Companies

8.4 North America Cultured Meat Market by Source, By Value

8.5 North America Cultured Meat Market by End Use, By Value

9. Europe Cultured Meat Market: An Analysis

9.1 Europe Cultured Meat Market by value: Size and Forecast (2021-2030)

9.2 Europe Economic and Industrial Outlook

9.3 Europe Cultured Meat Market: Prominent Companies

9.4 Market Segmentation By Source (Poultry, Beef, Seafood, Pork)

9.5 Market Segmentation By End Use (Nuggets, Burgers, Meatballs, Sausage, Hotdogs, Others)

10. Asia Pacific Cultured Meat Market: An Analysis

10.1 Asia Pacific Cultured Meat Market by value: Size and Forecast (2021-2030)

10.2 Asia Pacific Economic and Industrial Outlook

10.3 Asia Pacific Cultured Meat Market: Prominent Companies

10.4 Market Segmentation By Source (Poultry, Beef, Seafood, Pork)

10.5 Market Segmentation By End Use (Nuggets, Burgers, Meatballs, Sausage, Hotdogs, Others)

11. LAMEA Cultured Meat Market: An Analysis

11.1 LAMEA Cultured Meat Market by value: Size and Forecast (2021-2030)

11.2 LAMEA Economic and Industrial Outlook

11.3 LAMEA Cultured Meat Market: Prominent Companies

11.4 Market Segmentation By Source (Poultry, Beef, Seafood, Pork)

11.5 Market Segmentation By End Use (Nuggets, Burgers, Meatballs, Sausage, Hotdogs, Others)

12. Global Cultured Meat Market Dynamics

12.1 Global Cultured Meat Market Drivers

12.2 Global Cultured Meat Market Restraints

12.2 Global Cultured Meat Market Trends

13. Market Attractiveness and Strategic Analysis

13.1 Market Attractiveness Chart of Global Cultured Meat Market - By Source (Year 2030)

13.2 Market Attractiveness Chart of Global Cultured Meat Market - By End Use (Year 2030)

13.3 Market Attractiveness Chart of Global Cultured Meat Market - By Region (Year 2030)

14. Competitive Landscape

14.1 Leading Global Cultured Meat Companies On The Basis Of Investment

14.2 SWOT Analysis- Global Cultured Meat Market

14.3 Porter Five Force Analysis- Global Cultured Meat Market

15. Company Profiles


Related Report:

U.S. Plant-Based Meat Market Share & Forecast, 2020 – 2026

The U.S. plant-based meat market is anticipated to grow substantially over the forthcoming time period owing to a consumer shift towards healthy lifestyle options due to the prevalence of medical conditions caused by excessive consumption of meat. Plant-based meat is basically meat that is made from plants. These can be in the form of sausages, nuggets, burger patty, or crumbles, and are now considered a popular choice among individuals as a healthier meat alternative. In terms of source, the overall U.S. plant-based meat market is classified into soy, pea, wheat, and others. The soy plant-based meat segment is further categorized into product, type, distribution channel, and demographics.

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