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Cultured Meat Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5744384
The cultured meat market size has grown rapidly in recent years. It will grow from $0.19 billion in 2023 to $0.23 billion in 2024 at a compound annual growth rate (CAGR) of 19.9%. The growth observed in the historical period can be ascribed to the emphasis on sustainable food production practices, heightened awareness about animal welfare issues, the drive towards resource efficiency, increased demand for protein alternatives, and substantial investments and funding in these areas.

The cultured meat market size is expected to see rapid growth in the next few years. It will grow to $0.46 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. Anticipated growth in the forecast period stems from the implementation of cost reduction strategies, the continuing expansion of the global population, diversification in product offerings, and deeper integration of culinary aspects. Significant trends expected during this period encompass technological advancements, increased investment and funding, a wider range of cultured meat products, and a heightened focus on environmental and ethical considerations.

The anticipated rise in meat consumption is poised to drive the growth of the meat market in the future. Meat, encompassing the flesh and other edible components of animals, particularly domesticated ones such as cattle, swine, and sheep, serves as a valuable food source. It is rich in protein and contains essential vitamins and minerals, including selenium, niacin, and vitamin B12. The global trend towards increased meat consumption is driven by its nutritional benefits. For example, reports from Sentient Media, a US-based non-profit media organization, revealed that the average American consumes 224.6 pounds of meat annually, including varieties such as cattle, pigs, broilers, and turkey. These consumption figures are expected to rise in the coming years. Additionally, an article published in February 2021 by The Culinary Institute of America, a US-based institution for food and wine education, indicated that the average adult male American consumes 75% more protein than necessary, while the average adult female American consumes 50%, with a focus on protein-rich foods such as meat, fish, poultry, eggs, and dairy. Consequently, the upward trajectory in meat consumption plays a pivotal role in propelling the growth of the meat market.

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.

Key players within the cultured meat market are forging strategic alliances to bolster their market presence and drive product innovation. These partnerships facilitate rapid advancements, expanded distribution channels, and knowledge sharing, fueling the creation and commercialization of sustainable and scalable cultured meat offerings. For instance, Aleph Farms, an Israel-based cellular agriculture firm, joined forces with BRF S.A., a Brazilian food processing company, in March 2021 to introduce lab-grown meat products to the Brazilian market. Through this collaboration, Aleph Farms and BRF will collaborate on developing and manufacturing cultured meat utilizing Aleph's patented BioFarm production platforms, aiming to introduce cultivated beef products in Brazil. This partnership underscores Aleph Farms' strategy to integrate into established ecosystems and expedite the expansion of cultured meat production, capitalizing on BRF's expertise and infrastructure in one of the world's largest beef markets. The collaboration aligns with BRF's 2030 Vision initiative, focusing on reducing environmental impact and showcasing its dedication to innovation and sustainability within the food industry.

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 report are Emergy Inc., 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, Biozoon RGS Group.

North America was the largest region in the cultured meat market in 2023. 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.

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 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 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.


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Table of Contents

1. Executive Summary2. Cultured Meat Market Characteristics3. Cultured Meat Market Trends and Strategies
4. Cultured Meat Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Cultured Meat Market Size and Growth
5.1. Global Cultured Meat Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Cultured Meat Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Cultured Meat Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Cultured Meat Market Segmentation
6.1. Global Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Poultry
  • Beef
  • Seafood
  • Pork
  • Duck
6.2. Global Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Nuggets
  • Sausages
  • Burgers
  • Hot Dogs
  • Meatballs
  • Other Applications
6.3. Global Cultured Meat Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hypermarkets
  • Food and Drink Specialty Stores
  • Convenience Stores
  • Online Retail
  • Other Distribution Channels
6.4. Global Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Household
  • Food Services
7. Cultured Meat Market Regional and Country Analysis
7.1. Global Cultured Meat Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cultured Meat Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Cultured Meat Market
8.1. Asia-Pacific Cultured Meat Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Cultured Meat Market
9.1. China Cultured Meat Market Overview
9.2. China Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Cultured Meat Market
10.1. India Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Cultured Meat Market
11.1. Japan Cultured Meat Market Overview
11.2. Japan Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Cultured Meat Market
12.1. Australia Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Cultured Meat Market
13.1. Indonesia Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Cultured Meat Market
14.1. South Korea Cultured Meat Market Overview
14.2. South Korea Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Cultured Meat Market
15.1. Western Europe Cultured Meat Market Overview
15.2. Western Europe Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Cultured Meat Market
16.1. UK Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Cultured Meat Market
17.1. Germany Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Cultured Meat Market
18.1. France Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Cultured Meat Market
19.1. Italy Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. 2. Italy Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Cultured Meat Market
20.1. Spain Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Cultured Meat Market
21.1. Eastern Europe Cultured Meat Market Overview
21.2. Eastern Europe Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Cultured Meat Market
22.1. Russia Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Cultured Meat Market
23.1. North America Cultured Meat Market Overview
23.2. North America Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Cultured Meat Market
24.1. USA Cultured Meat Market Overview
24.2. USA Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Cultured Meat Market
25.1. Canada Cultured Meat Market Overview
25.2. Canada Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Cultured Meat Market
26.1. South America Cultured Meat Market Overview
26.2. South America Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Cultured Meat Market
27.1. Brazil Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Cultured Meat Market
28.1. Middle East Cultured Meat Market Overview
28.2. Middle East Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Cultured Meat Market
29.1. Africa Cultured Meat Market Overview
29.2. Africa Cultured Meat Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cultured Meat Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Cultured Meat Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Cultured Meat Market Competitive Landscape and Company Profiles
30.1. Cultured Meat Market Competitive Landscape
30.2. Cultured Meat Market Company Profiles
30.2.1. Emergy Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Shiok Meats Pte. Ltd.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Because Animals Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Lab Farm Foods Ltd.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Biofood Systems Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Cultured Meat Market Other Major and Innovative Companies
31.1. Mosa Meat BV
31.2. Higher Steaks Cultivated Meat Ltd.
31.3. UPSIDE Foods Inc.
31.4. Eat Just Inc.
31.5. Mission Barns Food Inc.
31.6. Memphis Meats Inc.
31.7. Mirai Foods Co. Ltd.
31.8. Aleph Farms Ltd.
31.9. Vow Foods Pty. Ltd.
31.10. BioTech Foods Ltd.
31.11. Meatable Pte. Ltd.
31.12. Future Meat Technologies Ltd.
31.13. Hoxton Farms Inc.
31.14. Modern Meadow Inc.
31.15. Bond Pet Foods Inc.
32. Global Cultured Meat Market Competitive Benchmarking33. Global Cultured Meat Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cultured Meat Market
35. Cultured Meat Market Future Outlook and Potential Analysis
35.1 Cultured Meat Market in 2028 - Countries Offering Most New Opportunities
35.2 Cultured Meat Market in 2028 - Segments Offering Most New Opportunities
35.3 Cultured Meat Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Cultured Meat Global Market Report 2024 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.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
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? This report 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 market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Poultry; Beef; Seafood; Pork; Duck
2) By Application: Nuggets; Sausages; Burgers; Hot Dogs; Meatballs; Other Applications
3) By Distribution Channel: Hypermarkets; Food and Drink Specialty Stores; Convenience Stores; Online Retail; Other Distribution Channels
4) By End-user: Household; Food Services

Key Companies Mentioned: Emergy Inc.; Shiok Meats Pte. Ltd.; Because Animals Inc.; Lab Farm Foods Ltd.; Biofood Systems Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Emergy Inc.
  • 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
  • Biozoon RGS Group

Methodology

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Table Information