Cultured Meat Market share is predicted to grow at a CAGR of 16.1% between 2025 and 2035, from USD 210.21 mn in 2025 to USD 936.95 mn in 2035.

Cultured Meat Market share is predicted to grow at a CAGR of 16.1% between 2025 and 2035, from USD 210.21 mn in 2025 to USD 936.95 mn in 2035.

Cultured Meat Market Overview:

The global cultured meat market is poised for substantial growth, with projections indicating a surge from its 2025 valuation of USD 210.21 million to an estimated USD 936.95 million by 2035, reflecting an impressive CAGR of 16.1% between these years.

Cultured Meat Market Si & Share

Cultured Meat Market Insights:

The future of food production may very well reside in laboratories rather than traditional farms. Across the globe, numerous enterprises have embarked on the production of what is referred to as "cultured meat." This innovative approach involves creating sausages, fillets, or hamburgers in a lab setting, using animal cells rather than slaughtering animals. Prominent players in this space, including Mosa Meat, Modern Meadow, and SuperMeat, are working towards perfecting cultured meat, although it is not yet commercially available. Advocates of this novel food source argue that it could help address critical issues such as global hunger and climate change, given that conventional livestock farming is a significant contributor to greenhouse gas emissions and land use.

Impact of COVID-19 on the Cultured Meat Market: Since cultured meat has not yet reached the consumer market, the COVID-19 pandemic has not had a direct negative impact on its sales. However, it has caused delays in product development and affected research institutions and organizations working on cultured meat due to reduced funding availability. Governments and private entities redirected funding towards pressing healthcare and pandemic-related issues, while some private organizations reduced their financial support, leading to challenges in sustaining ongoing research.

Browse Report - Explore the report's contents, sections, and key insights by browsing through its detailed information.

Cultured Meat Market Segmentation:

  1. Source: The global market is segmented based on the source of cultured meat, including poultry, pork, beef, and others. Poultry is the dominant segment due to its consistent supply and affordability, with the poultry industry's substantial growth in recent years. However, poultry meat production raises environmental concerns due to high stocking density and associated health risks.
  2. Users: The market is further segmented into household and food service. The food service segment takes the lead, but it is expected to be a slow adopter of cultured meat technology due to concerns about consumer acceptance and the high-value perception of traditional meat products.

Cultured Meat Market Dynamics: Drivers:

  • Environmental Concerns and Rising Meat Demand: Increasing awareness of environmental issues and a growing demand for meat alternatives are driving the development of cultured meat. With meat consumption expected to rise significantly in the coming years, cultured meat offers a more sustainable solution.
  • Safety: Cultured meat eliminates the risk of antibiotic-resistant bacteria found in livestock, enhancing food safety. The closed cell culture method minimizes the potential for contamination and bacterial hazards associated with conventional meat production.

Restraints:

  • Lack of Public Awareness and High Costs: Educating consumers about the manufacturing process and ensuring ethical and sustainable production is vital for acceptance. Additionally, cultured meat is currently expensive compared to traditional meat, limiting its widespread adoption.

Regional Analysis: Asia Pacific is poised to become a major consumer of cultured meat by 2040, with China expected to hold a dominant 53% market share. Japan and South Korea are projected to contribute 23% and 19% to the market, respectively. China's advanced cultured animal products sector presents significant opportunities for startups like Memphis Meats, while Australia has also seen early ventures into synthetic meats.

Competitive Landscape: Key players in the cultured meat market include Upside Foods, Mosa Meat, Cubiq Foods, SuperMeat, Eat Just, Inc., Integriculture, Fork & Goode, Finless Foods Inc, Avant Meats Company Limited, Shiok Meats, Future Meat Technologies Ltd, Mission Barns, Appleton Meats, and Biofood Systems. These companies are pioneering advancements in cultured meat production and driving innovation in the industry.

要查看或添加评论,请登录

Research Layer的更多文章

社区洞察

其他会员也浏览了