Press release
2021 Cultured Meat Market: Industry Research, Forthcoming Changes, Trends Analysis, And Forecast To 2030
Cultured Meat Market
The countries covered in the global cultured meat market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global cultured meat market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The cultured meat market consists of sales of lab-grown meat products by entities (organization, partnerships, and sole traders) that produce meat created in culture using different tissue of animals and bio-engineered techniques. Cultured meat is also known as clean meat or in vitro meat and acts as a healthier alternative to conventional animal meat. The cultured meat is grown in a laboratory using animal stem cells or also called building block cells. These cells are soaked in liquid containing nutrients to help them duplicate and then transferred to the bioreactor, where the meat is grown.
The global cultured meat market is expected to grow from $110.09 million in 2020 to $127.67 million in 2021 at a compound annual growth rate (CAGR) of 16%. The growth of the cultured meat market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cultured meat market is expected to reach $275.59 million in 2025 at a CAGR of 21.2%.
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Global cultured meat market segmentation in TBRC’s report is:
1) By Type: Poultry, Beef, Seafood, Pork, Duck
2) By Application: Nuggets, Sausages, Burgers, Hot Dogs, Meatballs, Others
3) By Distribution Channel: Hypermarkets, Food And Drink Specialty Stores, Convenience Stores, Online Retail, Others
4) By End-User: Household, Food Services
Major players in the cultured meat market are Memphis Meats, MosaMeat, SuperMeat, Integriculture Inc., Aleph Farms, Finless Foods, Mission Barns, Lab Farm Foods, Future Meat Technologies, Avant Meats Company, Biofood Systems, Meatable, Redefine Meat, Vow Foods, and Modern Meadow.
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The Table of Contents includes:
1. Executive Summary
2. Cultured Meat Market Characteristics
3. Cultured Meat Market Trends And Strategies
4. Impact Of COVID-19 On Cultured Meat
5. Cultured Meat Market Size And Growth
.....
27. Cultured Meat Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cultured Meat Market
29. Cultured Meat Market Future Outlook and Potential Analysis
30. Appendix
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