Cultured Meat Market Analysis & Global Forecast to 2032

The global cultured meat market is estimated to be valued at USD 214 million in 2025 and is projected to reach USD 593 million by 2032, recording a CAGR of 15.7% from 2025 to 2032 in the normal scenario. The growth of this market is attributed to the startups that are entering the market, owing to the increasing number of investors, such as Cargill and Tyson Foods.

Various other factors that are expected to drive the global cultured meat industry include innovations in cellular agriculture and the rising inclination toward animal welfare and environmental sustainability. Rising consumption of meat coupled with increasing demand for nutritional meat is expected to support the market growth during the forecast period. This growing trend of protein consumption is expected to present several opportunities for various meat processors and food companies to invest in alternative meat protein such as cultured meat to fulfill consumer demand.

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By source, the poultry segment is projected to account for the largest share in the cultured meat market

The poultry segment is expected to dominate the global cultured meat market, based on the source, during the forecast period. This is attributed to the growing popularity of poultry products in various quick-service restaurants (QSRs) has encouraged manufacturers to develop innovative alternative products to meet future demand from meat consumers. The cultured chicken products are expected to have a lower price as compared to other sources and gain wide popularity around the globe.

By end-use, the nuggets segment accounted for the largest market size in the cultured meat market during the forecast period

The demand for nuggets is increasing significantly as an important processed meat product. Thus, North America is expected to be the largest market for cultured meat in 2021. Chicken continues to be the most popular meat product among the people in the US and the other North American countries. Nuggets is one of the primary forms, in which chicken meat products are consumed in various countries. Due to the increasing adoption of on-the-go lifestyle and consumption of snacking products, particularly in the US, consumers are looking for options that are convenient to eat anytime.

North America is projected to account for the largest market share during the forecast period

North America is likely to lead the industry by accounting for the largest cultured meat market share in 2021. Rise in innovations and developments, and high spending for efficient R&D is expected to be the contributing factors in its largest share. Health concerns about the consumption of meat products, increase in investor interests in alternative proteins, and potentials to provide the required nutrition in tailor-made proteins are the major factors for the consumers to shift from conventional meat to cultured meat products.

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The key players in this market include Memphis Meats (US), MosaMeat (Netherlands), SuperMeat (Israel), Just, Inc (US), Integriculture (Japan), Aleph Farms Ltd (Israel), Finless Foods Inc. (US), Avant Meats Company Limited (China), Balletic Foods (US), Future Meat Technologies Ltd (Israel), Appleton Meats (Canada), Higher Steaks (UK), Biofood Systems LTD (Israel), Fork & Goode (US), Meatable (Netherlands), Mission Barns (US), Bluenalu, Inc. (US), New Age Meats (US), Shiok Meats (Singapore), Seafuture Sustainable Biotech (Canada), Wild Type (US), Lab farm Foods (US), Cubiq Foods (Spain), Kiran Meats (US), and Cell Farm FOOD Tech/Granja Celular S.A (Argentina).

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This release was published on openPR.