PUBLISHER: Value Market Research | PRODUCT CODE: 1402089
PUBLISHER: Value Market Research | PRODUCT CODE: 1402089
The global demand for Cultured Meat Market is presumed to reach the market size of nearly USD 7544.8 MN by 2030 from USD 258.6 MN in 2022 with a CAGR of 52.45% under the study period 2023 - 2030.
Cultured meat, also known as lab-grown meat, synthetic meat, or cultured protein, refers to meat produced by in vitro cultivation of animal cells rather than traditional animal agriculture methods involving raising and slaughtering animals. It involves growing muscle tissue, typically derived from animal stem cells, in a controlled environment using biotechnology and tissue engineering techniques.
The cultured meat market experiences growth due to various factors reshaping the food industry. Concerns about the environmental impact of conventional animal agriculture drive the demand for sustainable alternatives like cultured meat, which requires fewer resources, reduces greenhouse gas emissions, and addresses issues related to land use and deforestation. Ethical considerations regarding animal welfare propel the adoption of cruelty-free alternatives, positioning cultured meat as a viable solution that eliminates the need for raising and slaughtering animals. Additionally, the potential for healthier meat options with controlled fat content and fewer contaminants appeals to health-conscious consumers. Technological advancements in biotechnology and cell culture techniques enhance the efficiency and scalability of cultured meat production, making it more commercially feasible. Consumer acceptance and increasing demand, supported by investments and regulatory frameworks, indicate a growing market for cultured meat, reflecting its potential to revolutionize the food industry by offering a sustainable, ethical, and innovative alternative to traditional meat production.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cultured meat. The growth and trends of cultured meat industry provide a holistic approach to this study.
This section of the cultured meat market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Cultured Meat market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Cultured Meat market include Aleph Farms, Avant Meats Company Limited, Biftek INC, Mosa Meat, BlueNalu Inc., BioFood Systems Ltd, WildType, New Age Eats, Shiok Meats Pte Ltd, SuperMeat, Meatable, Finless Foods Inc., Fork & Good Inc., Future Meat Technologies Ltd, UPSIDE Foods, Mission Barns. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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