Cultivated Meat Market Synopsis

Cultivated Meat Market Size is Valued at USD 0.23 Billion in 2023, and is Projected to Reach USD 0.79 Billion by 2032, Growing at a CAGR of 16.50% From 2024-2032.

The cultivated meat market under the labels of lab-grown or cell-based meat is the farming of real animal tissues in environments. As a result of this process, this innovative approach eliminates the conventional livestock farming in an attempt to solve challenges like; Improved animal welfare, the effects on the physical surrounding, and availability of food. Meats range from poultry, pork, beef and seafood and are precipitated using refined technologies such as scaffold based and self-organizing. Cultivated meat is sold both B2B as well as B2C, and it is used in food and drink products, functional foods/nutraceuticals, pet food, and other related products. It is being felt across the world, with increased activities in North America, Europe, Asia/Pacific, Latin America, and Middle East & Africa.

• The conceived market is specific and revolves around the population’s demand for ethical and environmentally friendly cultured meats. Ideas about the effects of animal farming, including emission of greenhouse gases, occupation of lands and water resources, have made people shift to lab-grown meat. Also, such factors as animal suffering and the desire to avoid further torture of animals in food production also play a role in boosting acceptance of cultivated meat. Such factors are supported by the elements like improvement in the method associated with the biotechnology and cell culture technology, that has enhanced the laboratory grown meat production generally and also made it cheaper.
• Pertaining to health concerns’ implication in the cultivated meat market, health factors also serve as a major driver for the market. Other risks that have been realized by the consumers include the scares of having antibiotic resistance as well as food born illnesses associated with conventional meat. Instead, cultivated meat presents the opportunities of having a cleaner and a safer product devoid of these concerns. In addition, the opportunity to build a particular diet into lab-grown meat, for instance, low fat or the higher protein number, attracts people who care about their health. Coupled with growing interest and funds from both private and public domains, the conditions are beneficial for the development of the cultivated meat market.

Cultivated Meat Market Trend Analysis

From Lab to Table, The Rise of Cultivated Meat

• Currently, the cultivated meat market is rapidly growing mainly due to the developments in the fields of biotechnology and the growing trend of flexitarianism. In light of the increasing global issues on food safety, conservation of resources and environmental conservation and most importantly the well-being of Animals, cultivated meat can be considered as an innovation as it produces meat products from animal cells and not from animal biography. This area has received heavy funding from both the private and public domain, which has led to the different production methods like the scaffold-based methods and self-organizing methods as well as cell culture methods. The firms in the industry are three refining their product offering to cover different types of meats including poultry, pork, beef, and seafood having the similar flavor profile, texture, and nutritional value like the traditional meat.
• Also, the existing market has an upward trend on the acceptability of lab-grown meat, hence enhancing the growth of the market. There is a growing demand for such products and distribution channels are developing to accommodate this, including supermarkets, specialty stores, as well as online stores. The market is also expanding from the traditional use of food and beverages to nutritional supplements, and pet and animal feed and from cosmetics and pharmaceutical usage. North America and Europe are considered to be the leaders in using these products because of the favorable legislation and higher level of people’s enlightenment; APC has all the potential to become the leader among the continents as well, as the people’s meat consumption is growing fast and the population is significantly big. The future is in the cultivated meat as the technology develops and the costs of production come down to a reasonable level and therefore create a sustainable and better food chain.

Unlocking the Market Potential of Cultivated Meat

• The market for cultivated meat offers exceptional prospect spurred by continuously rising demand for environment friendly and ethical meat. Conventional meat farming has a lot of issues like pollution and resource waste and inhumane treatments of animals. Fortunately, cultivated meat comes in as a solution where one gets to have real meat without having to carry out the farming of the animals, thereby lowering the levels of greenhouse gas emissions and the use of water and land. When it comes to cell culture and bioreactor improvement technologies are compounding production effectiveness and costs thereby enabling the extension of cultivated meats to the mass market. The environmental effects of regular meat consumption are gradually being brought to the public’s attention and, therefore, consumers are becoming more accepting of new protein sources – an excellent opportunity for a successful cultivated meat market.
•  Also, regulation and increased focus on research and development positively impact the market and provide further support to its growth. Both the public sector government and the private sector investors are starting to realize the value of cultivated meat in tackling issues to food insecurity and insolence. Market entry in areas such as the United States and Singapore has opened up approval in other countries around the globe. Joint integration between burgeoning food tech firms and well-settled food producers are improving the supply chains and market access. As injected appeal of cultivated meat becomes further developed in the unusual categories and related applications, the latter global market is set to experience exponential growth that will be a goldmine for everyone in the food industry who embraces and invests in this new innovative area.

Cultivated Meat Market Segment Analysis:

• Cultivated Meat Market Segmented on the basis of type, Source, and Application.

By Type, Poultry segment is expected to dominate the market during the forecast period

• Thus, the market of cultivated meat is diverse in which consumers will get different sustainable options of poultry, pork, beef, and seafood with social and environmental impacts of regular farming. This innovative approach also covers other meats like the lamb and the duck thus increasing the options of the consumers while at the same time minimizing on the impacts of the other meats on the environment. Cultured meat fits the cultural palate and dietary requirements of the global population and a better solution for the future’s food state.

By Application, Food & Beverages segment held the largest share in 2024

• URT, differentiated meat has uses in the food and beverages industries as well as in the nutraceuticals, pet foods, and other industries. In food and beverages, it acts as a source for reliability and sustainability of food ingredients such as ready to eat meals, processed meat substitutes, and snack. In nutraceuticals, they give proteinaceous ingredients suitable for incorporation into supplements and functional foods. Furthermore, the cultivated meat is gradually entering the pet food products as tasty and healthy ration for pets. It’s also used in cosmetic products as well as in the production of pharmaceuticals which depicts its flexibility in other market sectors that are not necessarily food consumption markets.

Cultivated Meat Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America cultivated meat market is rapidly growing due to the rising trends of awareness and concern about the consumption of animal products that are raised sustainably and without causing harm to animals. Availability of advanced technologies and favourable legislation policies are also contributing to the market growth in the region. Moreover, as for market segmentation, the region is the leader in the production of poultry and beef cultivated meat products for different target consumers and clients with various food habits and preferences. There are increased research and development to improve production efficiencies as well as intensity in production volume among major producers in the United States and Canada; this being attributed to prepared foods distributors and other foodservice providers and retail channels.
• In addition, the structure of the market for cultivated meat consumption in North America is virtually enclosed through supermarkets, specialized stores, and web-based platforms. These products are well-perceived by consumers in the urban regions since they are environmentally sustainable and less impacts on the environment compared to other methods of producing meats. They remain favorable due to advancements in regulation and better collaborations between the firms in the food technology sectors and academic institutions that also place North America at a strategic position to dominate market growth in the cultivated meat markets.

Active Key Players in the Cultivated Meat Market

• Mosa Meat (Netherlands)
• UPSIDE FOODS (US)
• Eat Just Inc., (US)
• IntegriCulture Inc (Japan)
• Mewery (Czech Republic)
• BioCraft, Inc (US)
• Finless Foods (US)
• avantmeats (China)
• BlueNalu (US)
• Fork & Good (US), and Other Major Player

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Cultivated Meat Market by Type
 4.1 Cultivated Meat Market Snapshot and Growth Engine
 4.2 Cultivated Meat Market Overview
 4.3 Poultry
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Poultry: Geographic Segmentation Analysis
 4.4 Pork
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Pork: Geographic Segmentation Analysis
 4.5 Beef
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Beef: Geographic Segmentation Analysis
 4.6 Seafood
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Seafood: Geographic Segmentation Analysis
 4.7 Others
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Others: Geographic Segmentation Analysis

Chapter 5: Cultivated Meat Market by By Source
 5.1 Cultivated Meat Market Snapshot and Growth Engine
 5.2 Cultivated Meat Market Overview
 5.3 Animal Cells
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Animal Cells: Geographic Segmentation Analysis
 5.4 Plant-based Media
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Plant-based Media: Geographic Segmentation Analysis
 5.5 Fetal Bovine Serum
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Fetal Bovine Serum: Geographic Segmentation Analysis
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Geographic Segmentation Analysis

Chapter 6: Cultivated Meat Market by Application
 6.1 Cultivated Meat Market Snapshot and Growth Engine
 6.2 Cultivated Meat Market Overview
 6.3 Food & Beverages
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Food & Beverages: Geographic Segmentation Analysis
 6.4 Nutraceuticals
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Nutraceuticals: Geographic Segmentation Analysis
 6.5 Pet Food
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Pet Food: Geographic Segmentation Analysis
 6.6 Others
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Others: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Cultivated Meat Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 MOSA MEAT (NETHERLANDS)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 UPSIDE FOODS (US)
 7.4 EAT JUST INC (US)
 7.5 INTEGRICULTURE INC (JAPAN)
 7.6 MEWERY (CZECH REPUBLIC)
 7.7 BIOCRAFT
 7.8 INC (US)
 7.9 FINLESS FOODS (US)
 7.10 AVANTMEATS (CHINA)
 7.11 BLUENALU (US)
 7.12 FORK & GOOD (US)
 7.13 OTHER MAJOR PLAYERS

Chapter 8: Global Cultivated Meat Market By Region
 8.1 Overview
 8.2. North America Cultivated Meat Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
   8.2.4.1 Poultry
   8.2.4.2 Pork
   8.2.4.3 Beef
   8.2.4.4 Seafood
   8.2.4.5 Others
  8.2.5 Historic and Forecasted Market Size By By Source
   8.2.5.1 Animal Cells
   8.2.5.2 Plant-based Media
   8.2.5.3 Fetal Bovine Serum
   8.2.5.4 Others
  8.2.6 Historic and Forecasted Market Size By Application
   8.2.6.1 Food & Beverages
   8.2.6.2 Nutraceuticals
   8.2.6.3 Pet Food
   8.2.6.4 Others
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
 8.3. Eastern Europe Cultivated Meat Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
   8.3.4.1 Poultry
   8.3.4.2 Pork
   8.3.4.3 Beef
   8.3.4.4 Seafood
   8.3.4.5 Others
  8.3.5 Historic and Forecasted Market Size By By Source
   8.3.5.1 Animal Cells
   8.3.5.2 Plant-based Media
   8.3.5.3 Fetal Bovine Serum
   8.3.5.4 Others
  8.3.6 Historic and Forecasted Market Size By Application
   8.3.6.1 Food & Beverages
   8.3.6.2 Nutraceuticals
   8.3.6.3 Pet Food
   8.3.6.4 Others
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Cultivated Meat Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
   8.4.4.1 Poultry
   8.4.4.2 Pork
   8.4.4.3 Beef
   8.4.4.4 Seafood
   8.4.4.5 Others
  8.4.5 Historic and Forecasted Market Size By By Source
   8.4.5.1 Animal Cells
   8.4.5.2 Plant-based Media
   8.4.5.3 Fetal Bovine Serum
   8.4.5.4 Others
  8.4.6 Historic and Forecasted Market Size By Application
   8.4.6.1 Food & Beverages
   8.4.6.2 Nutraceuticals
   8.4.6.3 Pet Food
   8.4.6.4 Others
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Cultivated Meat Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
   8.5.4.1 Poultry
   8.5.4.2 Pork
   8.5.4.3 Beef
   8.5.4.4 Seafood
   8.5.4.5 Others
  8.5.5 Historic and Forecasted Market Size By By Source
   8.5.5.1 Animal Cells
   8.5.5.2 Plant-based Media
   8.5.5.3 Fetal Bovine Serum
   8.5.5.4 Others
  8.5.6 Historic and Forecasted Market Size By Application
   8.5.6.1 Food & Beverages
   8.5.6.2 Nutraceuticals
   8.5.6.3 Pet Food
   8.5.6.4 Others
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Cultivated Meat Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
   8.6.4.1 Poultry
   8.6.4.2 Pork
   8.6.4.3 Beef
   8.6.4.4 Seafood
   8.6.4.5 Others
  8.6.5 Historic and Forecasted Market Size By By Source
   8.6.5.1 Animal Cells
   8.6.5.2 Plant-based Media
   8.6.5.3 Fetal Bovine Serum
   8.6.5.4 Others
  8.6.6 Historic and Forecasted Market Size By Application
   8.6.6.1 Food & Beverages
   8.6.6.2 Nutraceuticals
   8.6.6.3 Pet Food
   8.6.6.4 Others
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
 8.7. South America Cultivated Meat Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
   8.7.4.1 Poultry
   8.7.4.2 Pork
   8.7.4.3 Beef
   8.7.4.4 Seafood
   8.7.4.5 Others
  8.7.5 Historic and Forecasted Market Size By By Source
   8.7.5.1 Animal Cells
   8.7.5.2 Plant-based Media
   8.7.5.3 Fetal Bovine Serum
   8.7.5.4 Others
  8.7.6 Historic and Forecasted Market Size By Application
   8.7.6.1 Food & Beverages
   8.7.6.2 Nutraceuticals
   8.7.6.3 Pet Food
   8.7.6.4 Others
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research