Lab-grown Meat Market What will be the Short-term Impact of Coronavirus?
Some of the key players operating in the global lab-grown meat market are
SuperMeat and Finless Foods.
The region is further expected to emerge dominant over the forecast period 2019-2026. Consumers in the region are gaining awareness about harmful effects of red meat products. This in response is anticipated to encourage the adoption of lab-grown meat products.
Gain More Insights into the lab-grown meat market Report
The U.S. also offers great potential for expansion of the market owing to the high consumption of duck products in the nation. Duck products are very popular also among Chinese population. This is anticipated to enable growth in the Asia Pacific lab-grown meat market. The region is also likely to gain from increasing startups in the region.
For instance, Aleph Farms announced the production of a lab-grown meat product, meat-steak. The product was specially developed with bovine cells to attain the perfect flavor and texture similar to cow-borne counterpart. The product was launched in 2018 and is facilitating the adoption of lab-grown meat products.
Government Policies Focusing on Environmental Safety to Support Growth
The global lab-grown meat market is expected to be driven by increasing number of vegans and emerging governments policies regarding environmental safety. Furthermore, studies suggest that the rising number of non-veg consumers will bode well for the market.
Foodservice channels are exhibiting demand in the lab-grown meat market. These companies are developing various animal based cells such as pork, duck, beef, and others to use them in ready-to-eat foods such as burger. This is expected to boost the global market.
On the contrary, lack of confidence in the lab-grown meat is a major factor that may restrain the global market during the forecast period.
Request A Sample Copy - Lab-grown Meat Market Report
Major Segmentation includes;
Beef Segment to Emerge Dominant Over the Forecast Period
In terms of type, the market is classified in to beef, pork, seafood, and other. The beef segment holds a considerable share in the market. The segment is foreseen to emerge dominant in the global market. High demand for lab-grown beef from foodservice platforms is expected to contribute towards market growth.
The global lab-grown meat is currently at a nascent stage, however, it is expanding at a promising CAGR. The competition in the market is rising, owing to the prevailing opportunities. Some players are adopting industry leading strategies to gain higher share in the market. Several organizations focusing on collaborations to expand their product portfolio. For instance, in 2019 some Israeli start-ups joined hands with global players to develop lab-grown meat. This is anticipated to increase the growth rate in the market.
Have Any Query? Ask Our Experts
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123ac
APAC : +91 744 740 1245
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lab-grown Meat Market What will be the Short-term Impact of Coronavirus? here
News-ID: 2124917 • Views: 123
More Releases from Fortune BUsiness Insights
Immunoglobulin Market to Reach USD 18,378.0 Million by 2025; FDA Approval for AD …
Market Overview: The global immunoglobulin market size is expected to reach USD 18,378.0 million by 2025 exhibiting a CAGR of 7.0% during the forecast period. The increasing diagnosis rates owing to escalating awareness regarding the treatment of immunoglobulins will have a tremendous effect on the market during the forecast period, states Fortune Business Insights in a report, titled “Immunoglobulin Market Size, Share and Industry Analysis By Route of Administration (Intravenous (IV),
Life Science Instrumentation 2021 Global Market Research report covers a detaile …
Global Life Science Instrumentation market2020 industry research report gives Advancement strategies and plans are talked about just as assembling procedures and cost structures are likewise examined. Life Science Instrumentation Market Report states import/send out utilization, organic market Figures, cost, value, income and gross edges. This report also studies the global Life Science Instrumentation market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels
Hospital Acquired Infections Treatment 2021 Global Market Research report covers …
Global Hospital Acquired Infections Treatment market2020 industry research report gives Advancement strategies and plans are talked about just as assembling procedures and cost structures are likewise examined. Hospital Acquired Infections Treatment Market Report states import/send out utilization, organic market Figures, cost, value, income and gross edges. This report also studies the global Hospital Acquired Infections Treatment market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and
Anti-Inflammatory Biologics Market 2021-2026 Study & Future Prospects Including …
Anti-Inflammatory Biologics Market | 2021 Global Industry Forecast To 2026, is latest report on Global Anti-Inflammatory Biologics Industry, published by Fortune Business Insights. Report provides comprehensive information on Global Anti-Inflammatory Biologics Market and Impact of Covid-19 on Healthcare Industry. According to report Global market value of Anti-Inflammatory Biologics is to hit USD 149.80 billion value by 2027 at CAGR of 11.0%. Report segments Anti-Inflammatory Biologics Market By Drug Class (Anti-Tumor
More Releases for Meat
Meat Snacks Market
2019-2025 Meat Snacks Market Report with Depth Analysis Global Meat Snacks Market report covers the current scenario (with the base year being 2018) and the growth prospects of the global market for 2019-2025. The report presents a comprehensive overview, market size, shares, and growth opportunities of Meat Snacks market by product type, application, key manufacturers and key regions. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/296717 Scope of the Report: Furthermore, Meat Snacks Market report discusses the key drivers influencing market growth, opportunities, the
Meat Processing Equipment Market- Staggering demand for meat products 2025
Global Meat Processing Equipment Market: Snapshot Changing food preferences, lifestyles, tastes, and habits of the global population have bolstered the growth of the market for meat processing equipment. Developing economies such as China and India have been exhibiting enormous demand for meat over the last few decades. Industrialization, growing urbanization, Western influence on the food habits of Eastern consumers, and the growing disposable incomes of people have offset the growth of
Processed Poultry Meat Market, Future Analysis By Type(Chicken Meat, Turkey Meat …
The production and consumption of meat has considerably increased worldwide over the years. Poultry meat has a higher demand among consumers, as it is less expensive compared to other meat products. Processed poultry meat is derived from the processing and treatment of raw poultry meat to prolong its shelf life and to enhance its taste. These processes includes use of chemical preservatives such as sodium nitrite. Processed poultry has gained
US Meat Market 2017-2025
IndexBox has just published a new report "U.S. Meat Processed From Carcasses Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-meat-processed-from-carcasses-market-analysis-and-forecast-to-2020/ ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering • Already work
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
Meat in Brazil 2017
ReportsWorldwide has announced the addition of a new report title Meat in Brazil 2017 to its growing collection of premium market research reports. Meat in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for