1h Free Analyst Time
Global Cultured Meat Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The cultured meat market analysis considers sales from beef, pork and lamb, and poultry. Our study also finds the sales of cultured meat in APAC, Europe, MEA, North America, and South America. In 2019, the cultured beef segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing inclination of consumers toward sustainable food options and an increase in seed funding will play a significant role in the cultured beef segment to maintain its market position. Also, our global cultured meat market report looks at factors such as growing prominence of cellular agriculture, increasing focus on environmental sustainability, and rising investments in cultured meat market. However, high costs associated with production of cultured meat, increasing popularity of plant-based diets among consumers, and stringent regulations may hamper the growth of the cultured meat industry over the forecast period.
Global Cultured Meat Market: Overview
Growing prominence of cellular agriculture
The demand for meat and animal products is increasing due to exponential population growth. However, the prevalent livestock agriculture system is not able to meet the rising demand for meat due to factors such as negative environmental impact. This makes cellular agriculture the ideal alternative for meat production. Cellular agriculture is becoming popular among end-users because it is environmentally friendly and sustainable. The growing prominence of cellular agriculture has prompted numerous vendors in the meat industry to opt for this method of meat production. This demand for low-calorie chocolate will lead to the expansion of the global cultured meat market at a CAGR of almost 16% during the forecast period.
Growing demand for animal proteins
Animal protein sources are rich in various essential nutrients required for the proper functioning of the body. Some of these nutrients include vitamin B12, vitamin D, and docosahexaenoic acid (DHA). Also, animal proteins are associated with a negligible risk of heart conditions such as heart attacks and strokes. Consumption of animal proteins helps in reducing cholesterol levels in the body and losing weight. Factors such as rising income and rapid urbanization are driving the demand for animal proteins globally. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global cultured meat market is highly concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cultured meat manufacturers, that include Aleph Farms Ltd., Appleton Meats, Cubiq Foods, Future Meat Technologies, Integriculture Co. Ltd., JUST Inc., Memphis Meats, Mission Barnes, Mosa Meat BV, and New Age Meats.
Also, the cultured meat market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global cultured meat market: Aleph Farms Ltd., Appleton Meats, Cubiq Foods, Future Meat Technologies, Integriculture Co. Ltd., JUST Inc., Memphis Meats, Mission Barnes, Mosa Meat BV, and New Age Meats.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing demand for animal proteins.”
According to the report, one of the major drivers for this market is the growing prominence of cellular agriculture.
Further, the report states that one of the major factors hindering the growth of this market is the high cost associated with the production of cultured meat.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aleph Farms Ltd.
- Appleton Meats
- Cubiq Foods
- Future Meat Technologies
- Integriculture Co. Ltd.
- JUST Inc.
- Memphis Meats
- Mission Barnes
- Mosa Meat BV
- New Age Meats.
