Categories: Food & Beverages

Global Cultured Meat Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth | Emergy Inc., Shiok Meats Pte. Ltd., Because Animals Inc., Lab Farm Foods Ltd., Biofood Systems Inc.

Overview and Scope
Cultured meat is animal meat created in culture using different tissue of animals and bio-engineered techniques. Cultured meat is also known as clean meat or in vitro meat and acts as a healthier alternative to conventional animal meat. The cultured meat is grown in a laboratory using animal stem cells or also called building block cells. These cells are soaked in liquid containing nutrients to help them duplicate and then transferred to the bioreactor, where the meat is grown.

Sizing and Forecast
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 in the historic period can be attributed to sustainable food production, animal welfare concerns, resource efficiency, demand for protein alternatives, investments and funding.

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%.  The growth in the forecast period can be attributed to cost reduction strategies, global population growth, diversification of product offerings, and culinary integration. Major trends in the forecast period include technological advancements, investment and funding, diversity of cultured meat products, environmental and ethical considerations.

Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/cultured-meat-global-market-report

Segmentation & Regional Insights
The cultured meat market covered in this report is segmented –
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

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.

Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5431&type=smp

Major Driver Impacting Market Growth
The increasing consumption of meat across the globe is contributing to the growth of the cultured meat market. Cultured meat is consumed as a healthy alternative to animal meat as it is less contaminated than animal meat. Around the world, people are eating more meat than before due to the increasing need for protein consumption and an increase in disposable income. According to the Organization for Economic Co-operation and Development – Food and Agriculture Organization (OECD-FAO) Agriculture outlook 2020-2029, the growth in global meat consumption is projected to increase by 12% between 2020 to 2029. Moreover, according to The World Counts report, global meat consumption is expected to reach between 460 and 570 million tons by 2050. Thus, increasing consumption of meat and meat products drives the market for cultured meat.

Key Industry Players
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

The cultured meat market report table of contents includes:
1. Executive Summary
2. Cultured Meat Market Characteristics
3. Cultured Meat Market Trends And Strategies
4. Cultured Meat Market – Macro Economic Scenario
5. Global Cultured Meat Market Size and Growth
……………
32. Global Cultured Meat Market Competitive Benchmarking
33. Global Cultured Meat Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cultured Meat Market
35. Cultured Meat Market Future Outlook and Potential Analysis
36. Appendix

Explore the trending research reports from TBRC:
https://topprnews.com/ammunition-market-share/
https://topprnews.com/analgesics-market-forecast/
https://topprnews.com/global-anesthesia-machines-market-report/
https://goodprnews.com/ammunition-market-size/
https://goodprnews.com/analgesics-market-driver/
https://goodprnews.com/global-anesthesia-machines-market-trends/

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Solid-State Battery Market Report: Trends, Insights, and Forecasts for 2024–2030

Solid-State Battery Market Overview: The global Solid-State Battery Market was valued at USD 326.56 million in 2023 and is…

41 seconds ago

Speed Sensor Market Share, Size, Analysis, Trends, Segments And Emerging Technologies 2030

Speed Sensor Market Overview The Speed Sensor Market is set for robust growth, valued at US$ 9.63…

2 mins ago

Gaming Gadgets Market Trends , Opportunities Assessment and Covid-19 Impact Analysis 2030

Gaming Gadgets Market Overview The global gaming gadgets market, valued at USD 84.16 billion in 2023,…

7 mins ago

Global Laminated Labels Market Insights: Trends, Segmentation, and Key Players 2030

Laminated Labels Market Overview: The global Laminated Labels Market was valued at USD 120.05 billion in 2023…

9 mins ago

E-Cigarette Market Analysis, Global Demand, Manufacturers And Trends 2030

Global E-Cigarette Market Overview The global e-cigarette market, valued at USD 26.66 billion in 2023, is…

14 mins ago

Drilling Fluids Market: A Comprehensive Overview of Industry Dynamics and Growth Prospects 2030

Drilling Fluids Market Overview: The global Drilling Fluids Market, valued at approximately USD 13.24 billion in…

16 mins ago