Home > Food, Nutrition & Animal Feed > Cultured Meat Market

Cultured Meat Market Size By Source (Beef, Poultry, Seafood, Pork, Duck), By End-Use (Burgers, Nuggets, Meatballs, Sausages), & Forecast 2023 - 2032

  • Report ID: GMI4823
  • Published Date: Mar 2023
  • Report Format: PDF

Industry drivers

Cultured Meat Market size exceeded USD 0.3 million in 2022 and is poised to grow at over 143% CAGR from 2023 to 2032. The rapid uptick in the consumption and uptake of meat and meat product is among the leading factors expected to push the adoption of cultured meat.

Cultured Meat Market

To get more details on this report: Request Free Sample PDF

Meat production has grown exponentially over recent years, attributed to consistent population growth and a steady rise in disposable incomes. According to OECD, the global production of meat comprising pork, poultry, and beef reached an estimated 340 million tons in 2021. The proliferation of industrialized agriculture has put traditional animal husbandry under pressure and also resulted in increased GHG and carbon emissions. These practices, in turn, have bolstered the demand for meat substitutes, such as plant-based alternatives and cell-based meat, creating a favorable growth outlook for the cultured meat market.

Strict regulatory framework to hamper the market growth

Cultured meat facilities involve high set-up costs, which may impact the market dynamics over the next ten years. Additionally, artificial meat labs are subject to stringent regulatory norms and requirements and have to undergo frequent inspections. This makes their operations a bit complicated and may further impede market performance. However, increasing strategic alliances and ample acquisition opportunities market may favor the industry expansion.

Flourishing global trade to boost the demand for cultured poultry meat

Cultured Meat Market Share By Source

To tailor this report to your specific requirements: Customize this Report

The cultured meat market from poultry segment is predicted to reach USD 4.9 billion by 2032, credited to the increasing consumption and subsequent rise in poultry meat imports. According to the US Department of Agriculture (USDA), global poultry imports could reach 17.5 million metric tons by 2031. Besides, the accelerating consumer shift toward animal-friendly food products will drive the cultured meat business through 2032.

Increasing intake of eco-friendly products to augment the sales of cultivated meat burgers

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of cultured meat valued at USD 3 million in 2022 and is slated to exhibit over 143% CAGR from 2023 to 2032, aided by the significant rise in demand and uptake of meat and meat products.

The poultry segment is anticipated to garner USD 4.9 billion in revenues by 2032 owing to increasing poultry imports and the rising popularity of animal-friendly food products.

The burgers segment is set to expand at mare than 142% CAGR through 2032, attributed to the accelerating consumer shift toward alternative protein-sourced food products.

Europe cultured meat industry is projected to grow at 175% CAGR between 2023 and 2032, backed by the increasing consumption of alternative protein products due to rising health consciousness and growing health concerns.

Notable players in the market are Mosa Meat, Upside Foods, Aleph Farms, Finless Foods, Meatable, New Age Meats, HigherSteaks, Biofood Systems, Avant Meats Company Limited, Balletic Foods, Future Meat Technologies, BlueNalu, Eat Just, Biotech Foods, and Cell AG Tech.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 378
  • Countries covered: 20
  • Pages: 350
Inquiry Before Buying

Budget constraints? Get in touch with us for special pricing

Request Discount