Market Research Report
Global Cultured Meat Market Size study, by Source (Poultry, Pork, Seafood and Duck), by End Use (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs and Others) and Regional Forecasts 2019-2026
|Published by||Bizwit Research & Consulting LLP||Product code||915126|
Delivery time: 2-3 business days
|Global Cultured Meat Market Size study, by Source (Poultry, Pork, Seafood and Duck), by End Use (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs and Others) and Regional Forecasts 2019-2026|
|Published: November 10, 2019||Content info:||
Global Cultured Meat Market is valued approximately at USD 75.96 million in 2018 and is anticipated to grow with a healthy growth rate of more than 16% over the forecast period 2019-2026. The cultured meat is produced by taking a number of cells from an animal and growing them in a medium which is very rich in nutrients. These cells have a capability of multiplying at a great extent that every single cell can be used to manufacture a good amount of meat. Factors such as increasing demand for processed food products is increasing the demand of the market. The rising global population along with growing need for increased food production with less dependency on climatic conditions is augmenting the demand for Cultured Meat. Increasing R&D, rising demand for alternative protein sources, adoption of technological advancements in cellular agriculture, increasing focus on animal welfare and the rising demand for environment sustainability will boost the growth of global Cultured Meat market over the forecast period of 2019-2026.
The regional analysis of global Cultured Meat Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the consumption of meat products, increase in investor interests in alternative proteins, and potentials to provide the required nutrition in tailor-made proteins. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing population, high disposable income, and rising demand for the alternative protein would create lucrative growth prospects for the Cultured Meat Market across Asia-Pacific region