Cultured Meat Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Report ID: GMI4823




Summary Methodology

Global Cultured Meat Market likely to signify huge potential in the upcoming yearsowing to rising meat consumption along with consumer consciousness towards environment sustainability and animal welfare. Cultured meat is lab-grown meat, produced without slaughter or hunting any animal.  The product is environment-friendly owing to its low greenhouse gas emissions, low usage of natural resources such as land & water and does not involve animal cruelty which should boost market growth.
 

Cultured meat, also known as artificial or in-vitro meat, synthetic meat, is produced by harvesting animal’s muscle cells, which are kept in a bioreactor and nourished with protein to help tissue growth. Cultured meat is sourced from different types of meat such as pork, poultry, seafood, beef, and duck, among which poultry segment is expected to represent high share due to the growing popularity of poultry products in various quick-service restaurants around worldwide.
 

Global meat consumption is likely to double by 2050 as per estimates of the Food & Agriculture Organization (FAO), whereas meat production is already at the peak. Therefore, meat manufacturers need to look for more alternatives to meat production, which shows a high potential for cultured meat in the forecasted timeframe. Cultured meat is safer compared to conventional meats, as it is grown in the lab with cells, which reduces the chance of any bacterial or fungal growth which may cause diseases.
 

Cultured meat production includes high cost as it required expensive apparatus and close supervision of the meat, along with stringent regulations in different countries on the manufacturing of cultured meat. These factors may restrict the growth of cultured meat market in the predicted timeframe. Nevertheless, manufacturers are still investing more in research and development to serve the growing demand of consumers.
 

North America, cultured meat market led by the U.S, and Canada is expected to show high growth over the predicted period pertaining to the high investment, and constant research & development from manufacturers. For instance, Cargill ,a top key player in the food and beverage industry, invest in Aleph Farms, a cultured meat company which focused on growing complex meat varieties like steak in 2019. which should boost cultured meat market growth in the region. 
 

Europe, led by Germany, UK and France signifies the huge opportunity for cultured meat, as it aids to reduce the environmental impacts of livestock production. The European Commission estimates that, if all EU-27 countries replaced traditional meat production by cultured meat, the GHG emissions, water use, and land use would be decline by two orders of magnitude compared to current meat production practice.
 

Asia Pacific cultured meat market led by India, China, Japan, South Korea, and Indonesia is witnessing unprecedentedly high demand for meat and seafood. It is supported by rising disposable income which contributes to the change in lifestyle and eating pattern of consumers. This rising demand for meat and seafood generate healthy opportunities for cultured meat manufacturers to serve a large consumer base in the Asian Countries.
  

The global cultured meat market is highly fragmented and consists of a large number of market players. There are a few small local players holding a strong share in the market at the regional level, along with the top key players such as Just, Inc., Fork & Goode, Appleton Meats, Integriculture Inc., Biofood Systems LTD., Future Meat Technologies Ltd., Bluenalu, Inc., Seafuture Sustainable Biotech, Memphis Meats, Balletic Foods, Kiran Meats, Aleph Farms Ltd., Lab Farm Foods, New Age Meats, Avant Meats Company Limited, Mosa Meat, Shiok Meats, Wild Type, Mission Barns, Finless Foods Inc., Higher Steaks, Meatable, and Granja Celular S.A.
 

Cultured Meat Market, By Source, 2015-2026 (Tons) (USD Million)

  • Beef
  • Poultry
  • Pork
  • Seafood
  • Duck

Cultured Meat Market, By End-Use, 2015-2026 (Tons) (USD Million)

  • Food and Beverage Industry
  • Nuggets
  • Burger
  • Sausages
  • Meatballs 
  • Others
  • HoReCa
  • Household/retail

Cultured Meat Market, By Distribution Channel, 2015-2026 (Tons) (USD Million)

  • B2B
  • B2C
  • Hypermarket/Supermarket
  • Modern Trade
  • Specialty Store
  • Online Retail Store

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Malaysia
    • Australia
    • New Zealand
  • Latin America
    • Brazil
    • Argentina
    • Peru
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Company Profiles:

  • Just, Inc.
  • Fork & Goode
  • Appleton Meats
  • Integriculture Inc.
  • Biofood Systems LTD.
  • Future Meat Technologies Ltd.
  • Bluenalu, Inc.
  • Seafuture Sustainable Biotech
  • Memphis Meats
  • Balletic Foods
  • Kiran Meats
  • Aleph Farms Ltd.
  • Lab Farm Foods
  • New Age Meats
  • Avant Meats Company Limited
  • Mosa Meat
  • Shiok Meats
  • Wild Type
  • Mission Barns
  • Finless Foods Inc.
  • Higher Steaks
  • Meatable
  • Granja Celular S.A.
     

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


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