Global Cultured Meats Market Growth 2024-2030

Global Cultured Meats Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Cultured Meats market size was valued at US$ 25 million in 2023. With growing demand in downstream market, the Cultured Meats is forecast to a readjusted size of US$ 33 million by 2030 with a CAGR of 3.6% during review period.

The research report highlights the growth potential of the global Cultured Meats market. Cultured Meats are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Cultured Meats. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Cultured Meats market.

Cultured meat, also known as cultivated meat, is genuine animal meat (including seafood and organ meats) that is produced by cultivating animal cells directly. This production method eliminates the need to raise and farm animals for food. Cultivated meat is made of the same cell types arranged in the same or similar structure as animal tissues, thus replicating the sensory and nutritional profiles of conventional meat.

According to data from the Food and Agriculture Organization of the United Nations (FAO), the global aquatic product farming volume has shown an increasing trend from 1959 to 2021. According to preliminary statistics, the global aquatic product farming volume in 2021 was about 128 million tons. The State of World Fisheries and Aquaculture 2022 shows that total global aquaculture initial sales in 2020 was approximately US$265 billion, with farm sales estimated to total US$281.5 billion. Of the total aquaculture production, 87.5 million tons were produced of aquatic animals, mainly for human consumption; 35.1 million tons of algae, including food and non-food uses; 700 tons of shellfish and decorative pearls. Asian countries account for 70% of the global aquatic animal production in fisheries and aquaculture, followed by the Americas, Europe, Africa and Oceania.

Key Features:

The report on Cultured Meats market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Cultured Meats market. It may include historical data, market segmentation by Type (e.g., Chicken, Hamburger), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Cultured Meats market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Cultured Meats market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Cultured Meats industry. This include advancements in Cultured Meats technology, Cultured Meats new entrants, Cultured Meats new investment, and other innovations that are shaping the future of Cultured Meats.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cultured Meats market. It includes factors influencing customer ' purchasing decisions, preferences for Cultured Meats product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cultured Meats market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cultured Meats market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cultured Meats market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Cultured Meats industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Cultured Meats market.

Market Segmentation:

Cultured Meats market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Chicken
Hamburger
Sausages
Chicken Breast

Segmentation by application
Directs Sales
Indirect Sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Memphis Meats
Mosa Meat
Modern Meadow
SuperMeat
Finless Foods

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cultured Meats market?

What factors are driving Cultured Meats market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cultured Meats market opportunities vary by end market size?

How does Cultured Meats break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.