PUBLISHER: The Business Research Company | PRODUCT CODE: 1675136
PUBLISHER: The Business Research Company | PRODUCT CODE: 1675136
Cultured meat, also known as clean or in vitro meat, is animal tissue grown in labs using bio-engineering techniques, offering a healthier alternative to conventional meat.
Cultured meat spans various types, including poultry, beef, seafood, pork, and duck. Poultry involves raising birds for commercial purposes such as eggs and feathers. In the context of cultured meat, cells sourced from poultry are grown in laboratories to produce this alternative meat. Culinary applications for cultured meat encompass cooking various items such as nuggets, sausages, burgers, hot dogs, meatballs, and more, and it's used both in households and food services. The distribution of cultured meat occurs through hypermarkets, specialty food and drink stores, convenience stores, online retail platforms, and various other channels.
The cultured meat market research report is one of a series of new reports from The Business Research Company that provides cultured meat market statistics, including cultured meat industry global market size, regional shares, competitors with a cultured meat market share, detailed cultured meat market segments, market trends and opportunities, and any further data you may need to thrive in the cultured meat industry. This cultured meat market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cultured meat market size has grown rapidly in recent years. It will grow from $0.23 billion in 2024 to $0.28 billion in 2025 at a compound annual growth rate (CAGR) of 19.9%. The growth in the historic period can be attributed to sustainable food production, animal welfare concerns, resource efficiency, demand for protein alternatives, investments and funding.
The cultured meat market size is expected to see rapid growth in the next few years. It will grow to $0.54 billion in 2029 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to cost reduction strategies, global population growth, diversification of product offerings, and culinary integration. Major trends in the forecast period include technological advancements, investment and funding, diversity of cultured meat products, environmental and ethical considerations.
The rising global consumption of meat is driving the growth of the cultured meat market. Cultured meat is seen as a healthier alternative to traditional animal meat, as it typically has lower contamination levels. People worldwide are consuming more meat than ever due to an increased demand for protein and rising disposable incomes. For example, in June 2024, the Australian Bureau of Statistics, a government agency that collects and analyzes data on various issues, reported that red meat production increased by 3.6% from March 2024 to June 2024. During the same period, chicken meat production experienced a more significant rise of 5.4%, totaling 374,602 tonnes. Additionally, beef production increased by 2.8% in the June 2024 quarter, reaching a total of 626,781 tonnes.
The burgeoning need for protein-rich food is poised to drive the growth trajectory of the cultured meat market in the foreseeable future. Protein-rich foods, essential for the body's growth, repair, and overall health, have garnered increased demand. Cultured meat emerges as a sustainable and efficient protein source, employing cell-based technology to cultivate meat, eliminating the reliance on traditional livestock farming. For example, as indicated by a report from the government of Canada in August 2022, the global demand for total protein is forecasted to surge to 943.5 million metric tons by 2054. Consequently, this escalating appetite for protein-rich food is a significant driving force behind the burgeoning cultured meat market.
Key players in the cultured meat market are actively innovating by introducing novel products such as cultivated fish balls to gain a competitive advantage. Cultivated fish balls are typically produced using cellular agriculture or cultured meat technology. For instance, in August 2022, Umami Bioworks, a Singapore-based cultivated seafood company, unveiled the cultivated fish ball laksa. These fish balls are crafted from cultivated fish cells and fortified with plant proteins to elevate their texture and consistency. Umami Meats specializes in creating sustainable alternatives for endangered fish species, employing a proprietary, non-GMO process that generates fish muscle, fat, and connective tissue from a single stem cell. Through their cultivation method, the company produces seafood devoid of mercury, antibiotics, microplastics, and other ocean pollutants, presenting consumers with a sustainable and healthier dietary choice.
Major companies in the cultured meat market are focusing on innovations and capacity expansion, such as establishing pilot plants to enhance production capabilities and reduce dependence on traditional livestock. Pilot plants serve as crucial facilities for testing and optimizing production processes in the cultured meat industry, allowing companies to scale up and refine their technology prior to full commercial production. For example, in August 2023, CellX, a China-based cell and gene therapy technologies company, launched its first pilot plant for cultivated meat. This facility features a 2,000-litre bioreactor that can produce 'single-digit tonnes' of cultivated meat annually, with plans to expand capacity by adding more bioreactors. This initiative aims to support China's food security goals for its 1.4 billion population while decreasing reliance on traditional livestock breeding and imports.
In January 2022, Upside Foods, a food technology firm based in the US, completed the acquisition of Cultured Decadence for an undisclosed sum. This acquisition significantly broadens Upside Foods' offerings within cultivated meat and seafood. By integrating Cultured Decadence's exclusive technology and specialized knowledge, Upside Foods aims to expedite the creation and launch of various sustainable and ethical seafood products. This move underscores Upside's unwavering dedication to innovation within the cultivated meat industry. Cultured Decadence, a US company focused on cellular aquaculture, specializes in utilizing cell culture and tissue engineering methodologies to craft crustacean products.
Major companies operating in the cultured meat market include Shiok Meats Pte. Ltd., Because Animals Inc., Lab Farm Foods Ltd., Biofood Systems Inc., Mosa Meat BV, Higher Steaks Cultivated Meat Ltd., UPSIDE Foods Inc., Eat Just Inc., Mission Barns Food Inc., Memphis Meats Inc., Mirai Foods Co. Ltd., Aleph Farms Ltd., Vow Foods Pty. Ltd., BioTech Foods Ltd., Meatable Pte. Ltd., Future Meat Technologies Ltd., Hoxton Farms Inc., Modern Meadow Inc., Bond Pet Foods Inc., Redefine Meat Ltd., MeaTech 3D Ltd., Finless Foods Inc., SuperMeat Ltd., Integriculture Inc., Cubiq Foods Inc., Cell Farm Food Tech Ltd., Avant Meats Company Inc., Cultured Decadence LLC
North America was the largest region in the cultured meat market in 2024. The regions covered in the cultured meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cultured meat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cultured meat market consists of sales of cultured beef meat, cultured poultry meat, cultured pork meat, cultured seafood meat, and other cultured meat. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cultured Meat Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cultured meat market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cultured meat ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cultured meat market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.