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Cultured Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 143 Pages
  • May 2023
  • Region: Global
  • IMARC Group
  • ID: 5820553
Description Jump to:
The global cultured meat market size reached US$ 184.4 Million in 2022. Looking forward, the publisher expects the market to reach US$ 388.0 Million by 2028, exhibiting a growth rate (CAGR) of 13.4% during 2023-2028.

Cultured meat, also known as cultivated meat, is created in laboratories from a few animal cells without slaughtering any animal. It eliminates the need of farming and raising animals for food and prevents E. coli bacteria and other contaminants from entering the human body, which may be present in the conventional meat processing plant. Its production requires less land, uses less water, and produces less pollution compared to traditional meat production, which releases methane (CH4), carbon dioxide (CO2), nitrous oxide (N2O), and other greenhouse gases.

Cultured Meat Market Trends:

The growing awareness among the masses about the benefits of cultured meat like low environmental impact, eliminating the need to raise animals, and decreasing public health risks, represents one of the key factors driving the market. Moreover, there is a rise in the adoption of nutritional diets among the masses. This, along with the escalating demand for cultured meat among consumers allergic to animal-based proteins, is propelling the growth of the market. In addition, increasing concerns about animal welfare as animals around the world are illegally used for entertainment, food, medicine, and scientific advancement are positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce 3D printed cultured meat for creating precise digitally printed structures. They are also focusing on promoting the benefits of 3D printed cultured meat technology, such as preserving the texture, taste, and nutritional properties of animal meat products. Other growth-inducing factors are high per capita meat consumption and imports, increased demand for quick-service restaurants (QSRs), rising consumption of meat and meat products, and the rapid improvements in online food delivery services.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global cultured meat market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source, application and end user.

Breakup by Source:

  • Poultry
  • Beef
  • Seafood
  • Pork
  • Duck

Breakup by Application:

  • Nuggets
  • Burgers
  • Meatballs
  • Sausages
  • Hot Dogs

Breakup by End User:

  • Household
  • Food Services

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aleph Farms, BlueNalu Inc., Cubiq Foods S.L., Finless Foods Inc., Future Meat Technologies, IntegriCulture Inc., Meatable, Mission Barns, Mosa Meat, New Age Meats, Shiok Meats and Upside Foods.

Key Questions Answered in This Report:

  • What was the size of the global cultured meat market in 2022?
  • What is the expected growth rate of the global cultured meat market during 2023-2028?
  • What are the key factors driving the global cultured meat market?
  • What has been the impact of COVID-19 on the global cultured meat market?
  • What is the breakup of the global cultured meat market based on the source?
  • What is the breakup of the global cultured meat market based on end user?
  • What are the key regions in the global cultured meat market?
  • Who are the key players/companies in the global cultured meat market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cultured Meat Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
6.1 Poultry
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Beef
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Seafood
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Pork
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Duck
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Nuggets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Burgers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Meatballs
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Sausages
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Hot Dogs
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End User
8.1 Household
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food Services
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aleph Farms
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 BlueNalu Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Cubiq Foods S.L.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Finless Foods Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Future Meat Technologies
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 IntegriCulture Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Meatable
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Mission Barns
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Mosa Meat
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 New Age Meats
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Shiok Meats
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Upside Foods
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Cultured Meat Market: Major Drivers and Challenges
Figure 2: Global: Cultured Meat Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Cultured Meat Market: Breakup by Source (in %), 2022
Figure 5: Global: Cultured Meat Market: Breakup by Application (in %), 2022
Figure 6: Global: Cultured Meat Market: Breakup by End User (in %), 2022
Figure 7: Global: Cultured Meat Market: Breakup by Region (in %), 2022
Figure 8: Global: Cultured Meat (Poultry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Cultured Meat (Poultry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Cultured Meat (Beef) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Cultured Meat (Beef) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Cultured Meat (Seafood) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Cultured Meat (Seafood) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Cultured Meat (Pork) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Cultured Meat (Pork) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Cultured Meat (Duck) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Cultured Meat (Duck) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Cultured Meat (Nuggets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Cultured Meat (Nuggets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Cultured Meat (Burgers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Cultured Meat (Burgers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Cultured Meat (Meatballs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Cultured Meat (Meatballs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Cultured Meat (Sausages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Cultured Meat (Sausages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Cultured Meat (Hot Dogs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Cultured Meat (Hot Dogs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Cultured Meat (Household) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Cultured Meat (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Cultured Meat (Food Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Cultured Meat (Food Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Cultured Meat Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Cultured Meat Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Cultured Meat Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Cultured Meat Industry: SWOT Analysis
Figure 82: Global: Cultured Meat Industry: Value Chain Analysis
Figure 83: Global: Cultured Meat Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Cultured Meat Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Cultured Meat Market Forecast: Breakup by Source (in Million US$), 2023-2028
Table 3: Global: Cultured Meat Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Cultured Meat Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Cultured Meat Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Cultured Meat Market: Competitive Structure
Table 7: Global: Cultured Meat Market: Key Players

Companies Mentioned

  • Aleph Farms
  • BlueNalu Inc.
  • Cubiq Foods S.L.
  • Finless Foods Inc.
  • Future Meat Technologies
  • IntegriCulture Inc.
  • Meatable
  • Mission Barns
  • Mosa Meat
  • New Age Meats
  • Shiok Meats and Upside Foods.

Methodology

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Table Information

Report AttributeDetails
No. of Pages143
PublishedMay 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 184.4 Million
Forecasted Market Value ( USD ) by 2028 $ 388 Million
Compound Annual Growth Rate13.2%
Regions CoveredGlobal
No. of Companies Mentioned11

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