Global Cultured Meat Market Overview

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%.

Cultured meat referred to as 'clean meat' or 'slaughter-free meat' is gaining propulsion as start-ups continue to discover their latest lab-grown wares. Cultured meat, also called lab-grown meat and it is cultivated by in vitro cell culture instead of slaughtering animals, in a controlled medium. It reproduces the aroma, taste, and texture of farmed meat. In the process of culturing, farm animals' cells are converted into a controlled medium, which contains nutrients and growth factors needed for the growth and transformation of stem cells into mature muscle cells within the bioreactor. Furthermore, to develop cultured meat, animal stem cells are carried from which produce muscle cells. On an industrial level, bioreactors, similar to brewery tanks, will be utilized to scale up the process from its laboratory basics. But why is meat production in this way even advisable? Cultured meat is anticipated to develop fewer greenhouse gas emissions because it will cut animal methane emissions. It notably overcomes the requirement for antibiotics owing to being grown in sterile conditions. Moreover, the slaughter-free production of meat through cell cultures can raise animal welfare significantly. Extreme depletion in land and water use are also anticipated. Nevertheless, all of these significances have not yet materialized and it is undetermined to which degree they will.

According to Statista, at the end of 2020, Singapore was the first economy to ever approve a cultured meat product. Plenty restaurant 1880 catered its customers an opportunity to try out the first-ever lab-grown chicken in a series of three dishes for 23 U.S. dollars. The meat is provided by the American start-up Eat Just. In contrast, the first cultured meat product ever developed, a beef burger patty presented in 2013 by the Dutch start-up Mosa Meat, had a price tag of around 330,000 U.S. dollars. In addition, Mosa Meat plans to launch a burger patty for the mass market by the end of 2022. The aim of the product price is about 10 U.S. dollars. As per Statista, the market for this product is accessible is mostly dependent on regulatory approval of the European Food Safety Authority and also FDA and USDA-FSIS, who have yet to accredit such a product for the U.S. and EU regional markets. A first forecast for the global market for cultured meat in 2026 anticipates a market of about 28.6 billion U.S. dollars. China is estimated to be the leading market for cultured meat products in the Asia Pacific region.

Market Dynamics and Factors for the Cultured Meat Market

Drivers:

Increasing demand for substitutes of animal-based products is among the key driving factor for the cultured meat market. The cultured meat market is turned by the growing consumer option for consuming the alternatives for animal-based products. The rising concern regarding animal brutality for meat production has produced a valuable influence on consumer mindset on consuming meat products. However, meeting the daily protein need and taste of the meat products is also a significant factor to use animal-based meat substitutes products. This is producing a lucrative opportunity for the cultured meat market. 

The rising population along with growing food safety concerns are anticipated to drive the market. There has been an increased consciousness among consumers regarding health concerns related to non-vegetarian food consumption, and nutritional requirements, which supplements the developments of this market. Rising concerns regarding environmental sustainability have further stimulated the growth of these products.

In addition, technological developments in tissue engineering and significant growth in investments for research and development further increasing the market growth. New product introduction and acquisitions by leading players in the market coupled with the rising utilization have turned the demand for cultured meat over the world.

Restraints:

The high cost of production and lack of awareness among the consumers is the key contributing factor that is hindering the growth of the cultured meat market during the forecast period.

Opportunities:

After all the demand for meat substitutes products is growing, primarily in emerged economies, the manufacturers of cultured meat are obtaining the significant opportunity to grow in the market. Cultured meat is the particular key research project in the last decade, which is providing greater potential to the market shortly. This is further producing the lucrative market scenario to the global cultured meat market in the upcoming years.

Future Trend:

Cultured meat offers a hope that our society can become less credulous on animals for meat, therefore declining the environmental and health impact of animal farming. There are still major scientific challenges including emerging quality cell lines, cheap costs of growth media components, and developing bioreactors for rising thick tissue layers before cultured meat can become a common food product. However, there is room for buoyancy.

Futuristic technology in biomaterial design, genetic engineering, and sequencing methods can cater to effective technical solutions. Greater scientific solutions are also expected with rising funding in the science of substitute food products. Additionally, far off the science, for cultured meat to become a common market well, challenges in regulations and consumer acceptance must still be decline.

Challenges:

Technological challenges in cultured meat manufacturing.

Cultured meat requires problems such as meat safety and consumers' acceptability. Besides such issues, there are still some production technology challenges to be labeled for cultured meat to go on the market. The production technology for cultured meat can be classified into three steps such as cell collection, cell culture, and cultured meat production and at each of the parts, the challenge lies in the method. At cell collection, the method of getting living cells; at cell culture, the method of producing and mass-producing culture medium and other materials; and at cultured meat production, the processing method. According to the report by Good Food Institute (GFI), a US non-profit organization promoting meat alternatives, and many other materials show that the major challenge is the method of emerging and mass-producing culture medium. Even startups producing cultured meat do not carry out the full process of production. Many companies have introducing now that specialize in the method of developing and mass-producing culture medium. This shows that even though many have identified challenges related to the method of emerging and mass-producing cultured fluid, the optimal solution has not yet been found. 

Production Process of Plant-Based Meat and Cultured Meat 

      

                                                                                       Source: Center for Food Safety                        

Market Segmentation

Segmentation Analysis for the Cultured Meat Market:

Based on the Source, the poultry segment is anticipated to dominate the global cultured meat market, over the projected period. This is imputed to the rising popularity of poultry products in various quick-service restaurants (QSRs) has motivated manufacturers to develop modern substitute products to fulfill future demand from meat consumers. The cultured chicken products are anticipated to have a cheap price as compared to other sources and reach extensive popularity across the world. In addition, growth in demand for animal protein rises the demand for poultry products. This is further anticipated to stimulate the market growth of cultured meat globally.

Based on the End-Use, the nuggets segment is anticipated to register maximum market share during the forecast period. The demand for nuggets is growing remarkably as an important processed meat product. Chicken continues to be the most popular meat product among the consumers in the US and the other North American economies. Nuggets are one of the major forms, in which chicken meat products are utilized in different nations. Furthermore, owing to the rising adoption of on-the-go lifestyle and utilization of snacking products, especially in the US, consumers are looking for options that are suitable to eat anytime. Hence, key companies such as Tyson Food and Cargill are targeting funding in developing clean meat or cultured meat chicken products in the form of nuggets to attract consumers. Therefore, the North American region is expected to dominate the market for cultured meat nuggets throughout the forecast period.

Regional Analysis for the Cultured Meat Market:

North America region is expected to register the maximum market share in the global market for cultured meat over the forecast period. growing urbanization, rising research and development activities, the presence of international players in this region such as Fork & Goode (US), New Age Meats (US), Just, Inc (US), Mission Barns (US), Lab farm Foods (US), Kiran Meats (US), and others, and technological developments are some factors attributed to the growth of this region. The high disposable incomes and growing environmental concerns further turn the market growth of this region. Additionally, growing technological developments in the agriculture sector and rising demand for fast food have increased the requirements for the production of cultured meat. Rising awareness about improving lifestyles, animal welfare, and health concerns are some factors triggering the cultured meat market growth in the North American region during the forecast period.

Based on region, Asia-Pacific, followed by North America, registered the maximum market share concerning the revenue carrying more than three-fifths of the global cultured meat market and will expect to continue its leadership status in the upcoming years. This is attributed to the tendency of consumers toward animal well-being and against the slaughtering in nations such as China and Japan stimulate the growth of the cultured meat market in the region. Moreover, the rise in health & fitness awareness and recent innovative product introduce by Eat Just further drives the growth in this region.

Europe is expected to increase at a significant growth rate over the forecast period. This can be related to rising investment in the market. Several startups are penetrating the industry majorly owing to raising awareness of antibiotic resistance, animal welfare, and the environment. Growing regulatory support in the region is also probably to accelerate demand. For example, the European Food Safety Authority's regulation on novel foods specifically consists of cultured meat and develops a process of over 18 months in which a company has to prove that its products are healthy and hygienic.

COVID-19 Impact on Cultured Meat Market

The food and beverage industry are adversely hit by the global COVID-19 crisis which is anticipated to influence the sales of major food and beverage products. India, the US, the UK, Italy, Brazil, Russia, France, Turkey, and Spain are some of the poorly affected economies in terms of confirmed cases and reported deaths. Additionally, the COVID-19 has been influencing countries and industries in various economies owing to lockdowns, travel restrictions, and business shutdowns. The shutdown of various plants and units has influenced the global supply chains and negatively impacted the production, delivery schedules, and sales of products in the global market. Few companies have already declared possible delays in product deliveries and collapse in future sales of their product cultured meat is one of the developing markets in the food and beverages sector and majorly developed through the microbiological process. The product research and development work has been interrupted owing to disease which further can affect the production of cultured meat. Furthermore, changing consumer's food demand and consumption trend could have a major influence after the end of the coronavirus disease outbreak, which, afterward a considerable factor for the demand for cultured meat. Therefore, the cultured meat market would have a diminished to high impact owing to the COVID-19 disease pandemic.

Players Covered in Cultured Meat Market are:

  • 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).

Key Industry Developments in Cultured Meat Market

  • In July 2021, Israel-based cultured meat company Aleph Farms acquired $105 million in a Series B investment round, bringing its funding to date up to $119.4 million, as per Crunchbase. It plans to utilize the money to produce for a 2022 product launch by scaling up producing facilities, rising international operations, and expanding its product lines and tech platform.
  • In January 2020, Mosa Meat partnered with Nutreco, an animal nutrition company for the supply of nutrient-filled liquid needed for non-vegetarian food growth. Mosa Meat also acquired crucial investments from Nutreco and Lowercarbon Capital to create the product on a large scale. The company aims to introduce cultured hamburgers in Europe by 2022.
  • In March 2019, Nissin Food Holdings incorporated cell-based meat into their ramen. They produced the use of collagen gel as a scaffold, and bovine muscle cells to artificially develop one cubic centimeter of diced steak.

Global Cultured Meat Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 144.88 Mn.

Forecast Period 2022-28 CAGR:

15.9%

Market Size in 2028:

USD 407 Mn.

Segments Covered:

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

By Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Store
  • Food & Drink Specialty Stores
  • Online Retail

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing demand for substitutes of animal-based products

Key Market Restraints:

  • High production cost and lack of awareness among the consumers

Key Opportunities:

  • Rise in the number of R&D, and increase in the number of manufacturers

Companies Covered in the report:

  • Aleph Farms, Mosa Meat, Nissin Food Holdings, Appleton Meats, Biofood Systems LTD, Finless Foods Inc., and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Production Technique
 3.3 By End-Use
 3.4 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Cultured Meat Market by Product Type
 5.1 Cultured Meat Market Overview Snapshot and Growth Engine
 5.2 Cultured Meat Market Overview
 5.3 Poultry
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Poultry: Grographic Segmentation
 5.4 Beef
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Beef: Grographic Segmentation
 5.5 Seafood
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Seafood: Grographic Segmentation
 5.6 Pork
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Pork: Grographic Segmentation

Chapter 6: Cultured Meat Market by Production Technique
 6.1 Cultured Meat Market Overview Snapshot and Growth Engine
 6.2 Cultured Meat Market Overview
 6.3 Cell Culture Media
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Cell Culture Media: Grographic Segmentation
 6.4 Self-Organizing Technique
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Self-Organizing Technique: Grographic Segmentation
 6.5 Scaffold-Based Technique
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Scaffold-Based Technique: Grographic Segmentation
 6.6 Others
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Others: Grographic Segmentation

Chapter 7: Cultured Meat Market by End-Use
 7.1 Cultured Meat Market Overview Snapshot and Growth Engine
 7.2 Cultured Meat Market Overview
 7.3 Nuggets
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Nuggets: Grographic Segmentation
 7.4 Burgers
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Burgers: Grographic Segmentation
 7.5 Meatballs
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Meatballs: Grographic Segmentation
 7.6 Others
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Others: Grographic Segmentation

Chapter 8: Cultured Meat Market by Distribution Channel
 8.1 Cultured Meat Market Overview Snapshot and Growth Engine
 8.2 Cultured Meat Market Overview
 8.3 Hypermarkets/Supermarkets
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Hypermarkets/Supermarkets: Grographic Segmentation
 8.4 Convenience Store
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Convenience Store: Grographic Segmentation
 8.5 Food & Drink Specialty Stores
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Food & Drink Specialty Stores: Grographic Segmentation
 8.6 Online Retail
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Online Retail: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Cultured Meat Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Cultured Meat Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Cultured Meat Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 MEMPHIS MEATS
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 MOSAMEAT
 9.4 SUPERMEAT
 9.5 JUST INC
 9.6 INTEGRICULTURE
 9.7 ALEPH FARMS LTD
 9.8 FINLESS FOODS INC.
 9.9 AVANT MEATS COMPANY LIMITED
 9.10 BALLETIC FOODS
 9.11 FUTURE MEAT TECHNOLOGIES LTD
 9.12 APPLETON MEATS
 9.13 HIGHER STEAKS
 9.14 BIOFOOD SYSTEMS LTD
 9.15 FORK & GOODE
 9.16 MEATABLE
 9.17 MISSION BARNS
 9.18 BLUENALU INC.
 9.19 NEW AGE MEATS
 9.20 SHIOK MEATS
 9.21 SEAFUTURE SUSTAINABLE BIOTECH
 9.22 WILD TYPE
 9.23 LAB FARM FOODS
 9.24 CUBIQ FOODS
 9.25 KIRAN MEATS
 9.26 CELL FARM FOOD TECH/GRANJA CELULAR S.A
 9.27 OTHER MAJOR PLAYERS

Chapter 10: Global Cultured Meat Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Product Type
  10.2.1 Poultry
  10.2.2 Beef
  10.2.3 Seafood
  10.2.4 Pork
 10.3 Historic and Forecasted Market Size By Production Technique
  10.3.1 Cell Culture Media
  10.3.2 Self-Organizing Technique
  10.3.3 Scaffold-Based Technique
  10.3.4 Others
 10.4 Historic and Forecasted Market Size By End-Use
  10.4.1 Nuggets
  10.4.2 Burgers
  10.4.3 Meatballs
  10.4.4 Others
 10.5 Historic and Forecasted Market Size By Distribution Channel
  10.5.1 Hypermarkets/Supermarkets
  10.5.2 Convenience Store
  10.5.3 Food & Drink Specialty Stores
  10.5.4 Online Retail

Chapter 11: North America Cultured Meat Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Poultry
  11.4.2 Beef
  11.4.3 Seafood
  11.4.4 Pork
 11.5 Historic and Forecasted Market Size By Production Technique
  11.5.1 Cell Culture Media
  11.5.2 Self-Organizing Technique
  11.5.3 Scaffold-Based Technique
  11.5.4 Others
 11.6 Historic and Forecasted Market Size By End-Use
  11.6.1 Nuggets
  11.6.2 Burgers
  11.6.3 Meatballs
  11.6.4 Others
 11.7 Historic and Forecasted Market Size By Distribution Channel
  11.7.1 Hypermarkets/Supermarkets
  11.7.2 Convenience Store
  11.7.3 Food & Drink Specialty Stores
  11.7.4 Online Retail
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Cultured Meat Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Poultry
  12.4.2 Beef
  12.4.3 Seafood
  12.4.4 Pork
 12.5 Historic and Forecasted Market Size By Production Technique
  12.5.1 Cell Culture Media
  12.5.2 Self-Organizing Technique
  12.5.3 Scaffold-Based Technique
  12.5.4 Others
 12.6 Historic and Forecasted Market Size By End-Use
  12.6.1 Nuggets
  12.6.2 Burgers
  12.6.3 Meatballs
  12.6.4 Others
 12.7 Historic and Forecasted Market Size By Distribution Channel
  12.7.1 Hypermarkets/Supermarkets
  12.7.2 Convenience Store
  12.7.3 Food & Drink Specialty Stores
  12.7.4 Online Retail
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Cultured Meat Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Poultry
  13.4.2 Beef
  13.4.3 Seafood
  13.4.4 Pork
 13.5 Historic and Forecasted Market Size By Production Technique
  13.5.1 Cell Culture Media
  13.5.2 Self-Organizing Technique
  13.5.3 Scaffold-Based Technique
  13.5.4 Others
 13.6 Historic and Forecasted Market Size By End-Use
  13.6.1 Nuggets
  13.6.2 Burgers
  13.6.3 Meatballs
  13.6.4 Others
 13.7 Historic and Forecasted Market Size By Distribution Channel
  13.7.1 Hypermarkets/Supermarkets
  13.7.2 Convenience Store
  13.7.3 Food & Drink Specialty Stores
  13.7.4 Online Retail
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Cultured Meat Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Product Type
  14.4.1 Poultry
  14.4.2 Beef
  14.4.3 Seafood
  14.4.4 Pork
 14.5 Historic and Forecasted Market Size By Production Technique
  14.5.1 Cell Culture Media
  14.5.2 Self-Organizing Technique
  14.5.3 Scaffold-Based Technique
  14.5.4 Others
 14.6 Historic and Forecasted Market Size By End-Use
  14.6.1 Nuggets
  14.6.2 Burgers
  14.6.3 Meatballs
  14.6.4 Others
 14.7 Historic and Forecasted Market Size By Distribution Channel
  14.7.1 Hypermarkets/Supermarkets
  14.7.2 Convenience Store
  14.7.3 Food & Drink Specialty Stores
  14.7.4 Online Retail
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Cultured Meat Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Product Type
  15.4.1 Poultry
  15.4.2 Beef
  15.4.3 Seafood
  15.4.4 Pork
 15.5 Historic and Forecasted Market Size By Production Technique
  15.5.1 Cell Culture Media
  15.5.2 Self-Organizing Technique
  15.5.3 Scaffold-Based Technique
  15.5.4 Others
 15.6 Historic and Forecasted Market Size By End-Use
  15.6.1 Nuggets
  15.6.2 Burgers
  15.6.3 Meatballs
  15.6.4 Others
 15.7 Historic and Forecasted Market Size By Distribution Channel
  15.7.1 Hypermarkets/Supermarkets
  15.7.2 Convenience Store
  15.7.3 Food & Drink Specialty Stores
  15.7.4 Online Retail
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Cultured Meat Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 144.88 Mn.

Forecast Period 2022-28 CAGR:

15.9%

Market Size in 2028:

USD 407 Mn.

Segments Covered:

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

By Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Store
  • Food & Drink Specialty Stores
  • Online Retail

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing demand for substitutes of animal-based products

Key Market Restraints:

  • High production cost and lack of awareness among the consumers

Key Opportunities:

  • Rise in the number of R&D, and increase in the number of manufacturers

Companies Covered in the report:

  • Aleph Farms, Mosa Meat, Nissin Food Holdings, Appleton Meats, Biofood Systems LTD, Finless Foods Inc., and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CULTURED MEAT MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CULTURED MEAT MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CULTURED MEAT MARKET COMPETITIVE RIVALRY
TABLE 005. CULTURED MEAT MARKET THREAT OF NEW ENTRANTS
TABLE 006. CULTURED MEAT MARKET THREAT OF SUBSTITUTES
TABLE 007. CULTURED MEAT MARKET BY PRODUCT TYPE
TABLE 008. POULTRY MARKET OVERVIEW (2016-2028)
TABLE 009. BEEF MARKET OVERVIEW (2016-2028)
TABLE 010. SEAFOOD MARKET OVERVIEW (2016-2028)
TABLE 011. PORK MARKET OVERVIEW (2016-2028)
TABLE 012. CULTURED MEAT MARKET BY PRODUCTION TECHNIQUE
TABLE 013. CELL CULTURE MEDIA MARKET OVERVIEW (2016-2028)
TABLE 014. SELF-ORGANIZING TECHNIQUE MARKET OVERVIEW (2016-2028)
TABLE 015. SCAFFOLD-BASED TECHNIQUE MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. CULTURED MEAT MARKET BY END-USE
TABLE 018. NUGGETS MARKET OVERVIEW (2016-2028)
TABLE 019. BURGERS MARKET OVERVIEW (2016-2028)
TABLE 020. MEATBALLS MARKET OVERVIEW (2016-2028)
TABLE 021. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 022. CULTURED MEAT MARKET BY DISTRIBUTION CHANNEL
TABLE 023. HYPERMARKETS/SUPERMARKETS MARKET OVERVIEW (2016-2028)
TABLE 024. CONVENIENCE STORE MARKET OVERVIEW (2016-2028)
TABLE 025. FOOD & DRINK SPECIALTY STORES MARKET OVERVIEW (2016-2028)
TABLE 026. ONLINE RETAIL MARKET OVERVIEW (2016-2028)
TABLE 027. NORTH AMERICA CULTURED MEAT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 028. NORTH AMERICA CULTURED MEAT MARKET, BY PRODUCTION TECHNIQUE (2016-2028)
TABLE 029. NORTH AMERICA CULTURED MEAT MARKET, BY END-USE (2016-2028)
TABLE 030. NORTH AMERICA CULTURED MEAT MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 031. N CULTURED MEAT MARKET, BY COUNTRY (2016-2028)
TABLE 032. EUROPE CULTURED MEAT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 033. EUROPE CULTURED MEAT MARKET, BY PRODUCTION TECHNIQUE (2016-2028)
TABLE 034. EUROPE CULTURED MEAT MARKET, BY END-USE (2016-2028)
TABLE 035. EUROPE CULTURED MEAT MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 036. CULTURED MEAT MARKET, BY COUNTRY (2016-2028)
TABLE 037. ASIA PACIFIC CULTURED MEAT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 038. ASIA PACIFIC CULTURED MEAT MARKET, BY PRODUCTION TECHNIQUE (2016-2028)
TABLE 039. ASIA PACIFIC CULTURED MEAT MARKET, BY END-USE (2016-2028)
TABLE 040. ASIA PACIFIC CULTURED MEAT MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 041. CULTURED MEAT MARKET, BY COUNTRY (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA CULTURED MEAT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA CULTURED MEAT MARKET, BY PRODUCTION TECHNIQUE (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA CULTURED MEAT MARKET, BY END-USE (2016-2028)
TABLE 045. MIDDLE EAST & AFRICA CULTURED MEAT MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 046. CULTURED MEAT MARKET, BY COUNTRY (2016-2028)
TABLE 047. SOUTH AMERICA CULTURED MEAT MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 048. SOUTH AMERICA CULTURED MEAT MARKET, BY PRODUCTION TECHNIQUE (2016-2028)
TABLE 049. SOUTH AMERICA CULTURED MEAT MARKET, BY END-USE (2016-2028)
TABLE 050. SOUTH AMERICA CULTURED MEAT MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 051. CULTURED MEAT MARKET, BY COUNTRY (2016-2028)
TABLE 052. MEMPHIS MEATS: SNAPSHOT
TABLE 053. MEMPHIS MEATS: BUSINESS PERFORMANCE
TABLE 054. MEMPHIS MEATS: PRODUCT PORTFOLIO
TABLE 055. MEMPHIS MEATS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. MOSAMEAT: SNAPSHOT
TABLE 056. MOSAMEAT: BUSINESS PERFORMANCE
TABLE 057. MOSAMEAT: PRODUCT PORTFOLIO
TABLE 058. MOSAMEAT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. SUPERMEAT: SNAPSHOT
TABLE 059. SUPERMEAT: BUSINESS PERFORMANCE
TABLE 060. SUPERMEAT: PRODUCT PORTFOLIO
TABLE 061. SUPERMEAT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. JUST INC: SNAPSHOT
TABLE 062. JUST INC: BUSINESS PERFORMANCE
TABLE 063. JUST INC: PRODUCT PORTFOLIO
TABLE 064. JUST INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. INTEGRICULTURE: SNAPSHOT
TABLE 065. INTEGRICULTURE: BUSINESS PERFORMANCE
TABLE 066. INTEGRICULTURE: PRODUCT PORTFOLIO
TABLE 067. INTEGRICULTURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. ALEPH FARMS LTD: SNAPSHOT
TABLE 068. ALEPH FARMS LTD: BUSINESS PERFORMANCE
TABLE 069. ALEPH FARMS LTD: PRODUCT PORTFOLIO
TABLE 070. ALEPH FARMS LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. FINLESS FOODS INC.: SNAPSHOT
TABLE 071. FINLESS FOODS INC.: BUSINESS PERFORMANCE
TABLE 072. FINLESS FOODS INC.: PRODUCT PORTFOLIO
TABLE 073. FINLESS FOODS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. AVANT MEATS COMPANY LIMITED: SNAPSHOT
TABLE 074. AVANT MEATS COMPANY LIMITED: BUSINESS PERFORMANCE
TABLE 075. AVANT MEATS COMPANY LIMITED: PRODUCT PORTFOLIO
TABLE 076. AVANT MEATS COMPANY LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. BALLETIC FOODS: SNAPSHOT
TABLE 077. BALLETIC FOODS: BUSINESS PERFORMANCE
TABLE 078. BALLETIC FOODS: PRODUCT PORTFOLIO
TABLE 079. BALLETIC FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. FUTURE MEAT TECHNOLOGIES LTD: SNAPSHOT
TABLE 080. FUTURE MEAT TECHNOLOGIES LTD: BUSINESS PERFORMANCE
TABLE 081. FUTURE MEAT TECHNOLOGIES LTD: PRODUCT PORTFOLIO
TABLE 082. FUTURE MEAT TECHNOLOGIES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. APPLETON MEATS: SNAPSHOT
TABLE 083. APPLETON MEATS: BUSINESS PERFORMANCE
TABLE 084. APPLETON MEATS: PRODUCT PORTFOLIO
TABLE 085. APPLETON MEATS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. HIGHER STEAKS: SNAPSHOT
TABLE 086. HIGHER STEAKS: BUSINESS PERFORMANCE
TABLE 087. HIGHER STEAKS: PRODUCT PORTFOLIO
TABLE 088. HIGHER STEAKS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. BIOFOOD SYSTEMS LTD: SNAPSHOT
TABLE 089. BIOFOOD SYSTEMS LTD: BUSINESS PERFORMANCE
TABLE 090. BIOFOOD SYSTEMS LTD: PRODUCT PORTFOLIO
TABLE 091. BIOFOOD SYSTEMS LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. FORK & GOODE: SNAPSHOT
TABLE 092. FORK & GOODE: BUSINESS PERFORMANCE
TABLE 093. FORK & GOODE: PRODUCT PORTFOLIO
TABLE 094. FORK & GOODE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. MEATABLE: SNAPSHOT
TABLE 095. MEATABLE: BUSINESS PERFORMANCE
TABLE 096. MEATABLE: PRODUCT PORTFOLIO
TABLE 097. MEATABLE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. MISSION BARNS: SNAPSHOT
TABLE 098. MISSION BARNS: BUSINESS PERFORMANCE
TABLE 099. MISSION BARNS: PRODUCT PORTFOLIO
TABLE 100. MISSION BARNS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. BLUENALU INC.: SNAPSHOT
TABLE 101. BLUENALU INC.: BUSINESS PERFORMANCE
TABLE 102. BLUENALU INC.: PRODUCT PORTFOLIO
TABLE 103. BLUENALU INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. NEW AGE MEATS: SNAPSHOT
TABLE 104. NEW AGE MEATS: BUSINESS PERFORMANCE
TABLE 105. NEW AGE MEATS: PRODUCT PORTFOLIO
TABLE 106. NEW AGE MEATS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. SHIOK MEATS: SNAPSHOT
TABLE 107. SHIOK MEATS: BUSINESS PERFORMANCE
TABLE 108. SHIOK MEATS: PRODUCT PORTFOLIO
TABLE 109. SHIOK MEATS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. SEAFUTURE SUSTAINABLE BIOTECH: SNAPSHOT
TABLE 110. SEAFUTURE SUSTAINABLE BIOTECH: BUSINESS PERFORMANCE
TABLE 111. SEAFUTURE SUSTAINABLE BIOTECH: PRODUCT PORTFOLIO
TABLE 112. SEAFUTURE SUSTAINABLE BIOTECH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. WILD TYPE: SNAPSHOT
TABLE 113. WILD TYPE: BUSINESS PERFORMANCE
TABLE 114. WILD TYPE: PRODUCT PORTFOLIO
TABLE 115. WILD TYPE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. LAB FARM FOODS: SNAPSHOT
TABLE 116. LAB FARM FOODS: BUSINESS PERFORMANCE
TABLE 117. LAB FARM FOODS: PRODUCT PORTFOLIO
TABLE 118. LAB FARM FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. CUBIQ FOODS: SNAPSHOT
TABLE 119. CUBIQ FOODS: BUSINESS PERFORMANCE
TABLE 120. CUBIQ FOODS: PRODUCT PORTFOLIO
TABLE 121. CUBIQ FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. KIRAN MEATS: SNAPSHOT
TABLE 122. KIRAN MEATS: BUSINESS PERFORMANCE
TABLE 123. KIRAN MEATS: PRODUCT PORTFOLIO
TABLE 124. KIRAN MEATS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. CELL FARM FOOD TECH/GRANJA CELULAR S.A: SNAPSHOT
TABLE 125. CELL FARM FOOD TECH/GRANJA CELULAR S.A: BUSINESS PERFORMANCE
TABLE 126. CELL FARM FOOD TECH/GRANJA CELULAR S.A: PRODUCT PORTFOLIO
TABLE 127. CELL FARM FOOD TECH/GRANJA CELULAR S.A: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 128. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 129. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 130. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CULTURED MEAT MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CULTURED MEAT MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. POULTRY MARKET OVERVIEW (2016-2028)
FIGURE 013. BEEF MARKET OVERVIEW (2016-2028)
FIGURE 014. SEAFOOD MARKET OVERVIEW (2016-2028)
FIGURE 015. PORK MARKET OVERVIEW (2016-2028)
FIGURE 016. CULTURED MEAT MARKET OVERVIEW BY PRODUCTION TECHNIQUE
FIGURE 017. CELL CULTURE MEDIA MARKET OVERVIEW (2016-2028)
FIGURE 018. SELF-ORGANIZING TECHNIQUE MARKET OVERVIEW (2016-2028)
FIGURE 019. SCAFFOLD-BASED TECHNIQUE MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. CULTURED MEAT MARKET OVERVIEW BY END-USE
FIGURE 022. NUGGETS MARKET OVERVIEW (2016-2028)
FIGURE 023. BURGERS MARKET OVERVIEW (2016-2028)
FIGURE 024. MEATBALLS MARKET OVERVIEW (2016-2028)
FIGURE 025. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 026. CULTURED MEAT MARKET OVERVIEW BY DISTRIBUTION CHANNEL
FIGURE 027. HYPERMARKETS/SUPERMARKETS MARKET OVERVIEW (2016-2028)
FIGURE 028. CONVENIENCE STORE MARKET OVERVIEW (2016-2028)
FIGURE 029. FOOD & DRINK SPECIALTY STORES MARKET OVERVIEW (2016-2028)
FIGURE 030. ONLINE RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 031. NORTH AMERICA CULTURED MEAT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. EUROPE CULTURED MEAT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. ASIA PACIFIC CULTURED MEAT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. MIDDLE EAST & AFRICA CULTURED MEAT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. SOUTH AMERICA CULTURED MEAT MARKET OVERVIEW BY COUNTRY (2016-2028)

Please Wait...

Frequently Asked Questions :

What would be the forecast period in the Cultured Meat Market research report?

The forecast period in the Cultured Meat Market research report is 2022-2028.

Who are the key players in Cultured Meat Market?

Aleph Farms, Mosa Meat, Nissin Food Holdings, Appleton Meats, Biofood Systems LTD, Finless Foods Inc., and Other Major Players.

What are the segments of the Cultured Meat Market?

The Cultured Meat Market is segmented into Type, Production Technique, End-Use, Application, and Region. By Type, the market is categorized into Poultry, Beef, Seafood, and Pork. By Production Technique the market is categorized into Cell Culture Media, Self-Organizing Technique, Scaffold-Based Technique, and Others. By End-Use, the market is categorized into Nuggets, Burgers, Meatballs, and Others. By Distribution Channel, the market is categorized into Hypermarkets/Supermarkets, Convenience Store, Food & Drink Specialty Stores, and Online Retail. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Cultured Meat Market?

Cultured meat referred to as 'clean meat' or 'slaughter-free meat' is gaining propulsion as start-ups continue to discover their latest lab-grown wares. Cultured meat, also called law-grown meat and it is cultivated by in vitro cell culture instead of slaughtering animals, in a controlled medium. It reproduces the aroma, taste, and texture of farmed meat.

How big is the Cultured Meat Market?

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%.