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Cultured Meat Market Analysis

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

Cultured Meat Market Analysis

Cultured Meat Market Share By Source

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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.
 

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of cultured meat was worth USD 665 million in 2023 and is slated to exhibit over 137% CAGR from 2024 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.

Cultured Meat Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 378
  • Countries covered: 20
  • Pages: 350
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