Global Stem Cell Artificial Meat Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Stem Cell Artificial Meat Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Stem cell artificial meat was developed in the laboratory by Mark Post, a professor of biology at Maastricht University in the Netherlands. He hopes to produce beef through this method of in vitro cultivation of animals to meet human demand for meat and Environmental problems caused by traditional aquaculture. Stem cell artificial meat is produced by cultivating cells in vitro, so its safety can be guaranteed. The taste of artificial beef is definitely not as good as natural beef.

Market Overview:

The latest research study on the global Stem Cell Artificial Meat market finds that the global Stem Cell Artificial Meat market reached a value of USD 10.39 million in 2022. It’s expected that the market will achieve USD 1365.09 million by 2028, exhibiting a CAGR of 125.47% during the forecast period.

Market Drivers

In order to increase profits, many livestock farms feed large amounts of growth hormone and antibiotics to their livestock, which brings hidden dangers to consumers' health. But this kind of stem cell artificial meat is produced by cultivating cells outside of animals to make them multiply and differentiate, so it is similar to natural beef. At the same time, because during the cultivation process, absolute cleanliness can be guaranteed, fundamentally preventing viral infections such as mad cow disease and foot-and-mouth disease. And people can also add ingredients that are beneficial to human health in stem cell artificial meat. For example, most meat contains too much Omega6 fatty acids, and eating too much can cause health problems, but stem cell artificial meat can be replaced with non-harmful Omega3 fatty acids. This has promoted the development of the market to a certain extent.

Market Challenges

As of November 2020, there are no mature conditions for large-scale production of stem cell artificial meat. Culturing cells in vitro must be able to maintain and simulate the good environment and material metabolism process for cell survival in the body. For this reason, necessary nutrients, suitable pH, strict sterile conditions, osmotic pressure, culture vessels, temperature and carbon dioxide must be provided. And the limited value-added ability of muscle cells itself makes the cost of producing beef very high. The production cost per kilogram of stem cell artificial meat is equivalent to more than 1,000 times the price of ordinary meat on the market. This limits the development of the market to a certain extent.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Memphis Meats, JUST and Future Meat Technologies with the revenue market share of 33.03%, 21.95% and 9.51% in 2026.

Memphis Meats develops meat produced directly from animal cells without the need to raise and slaughter actual animals that require significantly less caloric input, water, land, and energy than conventional meat production, enabling consumers to enjoy meat products that are clean and free from harmful chemicals.

Just, Inc. is an American food manufacturing company headquartered in San Francisco that produces plant-based foods that are sold internationally. Just produces egg alternatives, other plant-based products and cultured meat.

Segmentation Overview:

Among different product types, Bovine Stem Cell Artificial Meat segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Restaurant segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Stem Cell Artificial Meat market covered in Chapter 3:

Meatable
BlueNalu
JUST
Finless Foods
Cubiq Foods
SuperMeat
Aleph Farms
Future Meat Technologies
Mosa Meat
Memphis Meats

In Chapter 4 and Chapter 14.2, on the basis of types, the Stem Cell Artificial Meat market from 2018 to 2029 is primarily split into:

Bovine Stem Cell Artificial Meat
Fish Stem Cell Artificial Meat
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stem Cell Artificial Meat market from 2018 to 2029 covers:

Restaurant
Retail
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)