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PUBLISHER: IMARC | PRODUCT CODE: 1291452
PUBLISHER: IMARC | PRODUCT CODE: 1291452
Cultured Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 143 Pages
DELIVERY TIME: 2-3 business days
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Market Overview:
The global cultured meat market size reached US$ 184.4 Million in 2022. Looking forward, IMARC Group 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:
IMARC Group 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?
Product Code: SR112023A5802
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
- 9.1.1 United States
- 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
- 9.2.1 China
- 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
- 9.3.1 Germany
- 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
- 9.4.1 Brazil
- 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
- 14.3.1 Aleph Farms
Product Code: SR112023A5802
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
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