Cultured Meat Market Analysis & Global Forecast to 2023 -2030| IMR

The Global Cultured Meat Market was estimated at USD 144.88 million in 2021, and is anticipated to reach USD 407 million by 2028, growing at a CAGR of 15.9%.

Referred to as "clean meat" or "slaughter-free meat," cultured meat is becoming more popular as start-ups keep finding new uses for their latest lab-grown products. Cultured meat, commonly referred to as lab-grown meat, is produced in a controlled environment using in vitro cell culture as an alternative to animal slaughter. It mimics the flavor, texture, and scent of meat raised on farms. Farm animal cells are cultured to create a regulated medium that includes nutrients and growth factors necessary for the development of stem cells into adult muscle cells inside the bioreactor. Moreover, animal stem cells—which generate muscle cells—are used to manufacture cultured meat.

Bioreactors, which resemble beer tanks, will be employed on an industrial scale to expand the process from its laboratory foundation. However, why is it even advised to produce meat in this manner? Because cultured meat will reduce animal methane emissions, fewer greenhouse gas emissions are expected. Its sterile growth environment allows it to effectively avoid the need for antibiotics. Furthermore, using cell cultures to produce meat without slaughter can greatly improve animal welfare. Extreme water and land depletion is also predicted. However, none of these implications have yet to become apparent, and it is unclear how much of an impact they will have.

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Key Player Mentioned:

Memphis Meats (US), MosaMeat (Netherlands), SuperMeat (Israel), Just Inc (US), Integriculture (Japan), Aleph Farms Ltd (Israel), Finless Foods Inc. (US), Avant Meats Company Limited (China), Balletic Foods (US), Future Meat Technologies Ltd (Israel), Appleton Meats (Canada), Higher Steaks (UK), Biofood Systems LTD (Israel), Fork & Goode (US), Meatable (Netherlands), Mission Barns (US), Bluenalu Inc. (US), New Age Meats (US), Shiok Meats (Singapore), Seafuture Sustainable Biotech (Canada), Wild Type (US), Lab farm Foods (US), Cubiq Foods (Spain), Kiran Meats (US), Cell Farm FOOD Tech/Granja Celular S.A (Argentina).

The most recent study on the cultured meat industry offers a thorough analysis of the business from 2023 to 2030. It provides a thorough overview of the global cultured meat market, taking into account all relevant industry trends, market dynamics, the competitive landscape, and market analysis methodologies like the PESTEL, Industry Value Chain, and Porter's Five Forces analyses.. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

    

Market Segmentation:

By Type

  • Poultry
  • Beef
  • Seafood
  • Pork

By Production Technique

  • Cell Culture Media
  • Self-Organizing Technique
  • Scaffold-Based Technique
  • Others

By End-Use

  • Nuggets
  • Burgers
  • Meatballs
  • Others

Regional Segment Analysis:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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All this information helps to design marketing, sales, and production strategies. This supports to develop business opportunities. Additionally, the Cultured Meat report provides a better understanding of the market and develops new advertising campaigns for the products to reach the target audience more accurately in a short period. Also, starting the investments, sales, and marketing campaigns at right time and with the right opportunities can save time.

The research reports on the Global Cultured Meat Market 2023 cover all the large regions, not just the small regions around the world. The report focused on market size, value, product sales and growth opportunities in the region. In addition to providing valuable insights into customers and industries, market research also analyzed competitiveness. Such data will undoubtedly not only make expansion, but will also help you plan your strategy to penetrate the market.

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  • Share & Trends
  • Includes Updated List of tables & figures
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Uday Sharma

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