Press release
Lab Grown Meat Market Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast by 2029
Lab grown meat is an eco-friendly method of creating meat products. The rising concerns regarding animal cruelty, the eco-friendly nature of lab meat and the adoption of protein-rich foods may attract consumers' demand. Furthermore, rising per-capita income and evolving lifestyles may fuel the adoption of the product by consumers. In addition, the rising demand for the meat from the vegan population is expected to boost market growth during the upcoming years.
COVID-19 Impact:
Adoption of Online Retail May Foster Industry Development
This market may grow positively during the upcoming years due to the adoption of online retail. The alarming spike in COVID infections and the emergence of several variants led to the shutdown of offline stores, thereby necessitating the adoption of online retail. Furthermore, rising spending on foods may foster the adoption of the product from audiences. In addition, the adoption of automated production techniques and sanitization methods may foster industry growth during the pandemic.
Get a Sample Report
https://www.fortunebusinessinsights.com/enquiry/sample/lab-grown-meat-market-100236
Segmentation
By type, the market is segmented into seafood, poultry, pork, and beef. Based on application, it is bifurcated into foodservice channels and food retail. Geographically, it is clubbed into North America, Europe, Asia Pacific, and the rest of the world.
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
Drivers and Restraints
Robust Demand for the Meat from the Foodservice Sector to Propel Market Growth
The rising demand for the product from the foodservice sector is expected to generate lucrative opportunities. The market is in its nascent stages, and the biggest factor responsible for its demand is its eco-friendly nature. It consumes fewer resources compared to cultured meat, which, in turn, may fuel the adoption of the meat. Further, manufacturers invest heavily in developing advanced products to fuel demand. For example, Cargill funded Mosa Meat to create solutions for cultured meat. These factors may propel the lab grown meat market growth.
However, the undefined regulatory framework for novel food items may hinder the market's progress.
Inquire Before Buying Report
https://www.fortunebusinessinsights.com/enquiry/queries/lab-grown-meat-market-100236
Regional Insights
Rising Safety Concerns for Meat to Facilitate Market Progress in North America
North America is expected to dominate the lab grown meat market share because of rising concerns regarding meat consumption. Furthermore, the rising awareness regarding lab grown meat's eco-friendly nature may fuel sales. In addition, the rising concerns regarding red meat products' side effects may bolster market growth.
In Asia Pacific, the rising demand for duck and chicken products may propel the adoption of lab grown meat from consumers. Furthermore, the presence of a huge vegan population in India may attract consumers' attention.
In Europe, the presence of huge manufacturing infrastructure and evolving lifestyles may lead to the consumption of lab grown meat. These factors may boost industry development.
Competitive Landscape
Manufacturers Launch Innovative Products to Boost Market Presence
The prominent companies operating in the market announce innovative products to boost their market presence. For example, Aleph Farms announced its successful lab-grown "minute steak" produced using bovine cells. The product accurately resembles the taste, flavor, and texture of beef. This launch may enable companies to boost their market presence. Furthermore, companies adopt research and development, mergers, technologically advanced production techniques, collaborations, and expansions to boost their market position.
Industry Development
February 2019: Israeli start-ups joined a few companies globally to develop lab grown meat.
List of Key Players Profiled in the Lab Grown Market Report
Aleph Farms (Israel
Mosa Meat (Netherlands)
Just Inc. (U.S.)
Meatable (Netherlands)
Memphis Meats (U.S.)
SuperMeat (Israel)
Finless Foods (U.S.)
Get a Customized Report
https://www.fortunebusinessinsights.com/enquiry/customization/lab-grown-meat-market-100236
Address:
Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner -
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
LinkedIn Facebook Twitter
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast by 2029 here
News-ID: 2579929 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Meat
Increasing Meat Consumption Fuels Growth Of The Cultivated Meat Market: Strategi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Cultivated Meat Market Size By 2025?
The market size for cultivated meat has seen a speedy expansion in the last few years. Its size is projected to rise from $9.31 billion in 2024 to $10.99 billion in 2025, marking a compound annual growth rate (CAGR)…
Emerging Trends Influencing The Growth Of The Binders and Scaffolders for Meat A …
The Binders and Scaffolders for Meat And Meat Substitutes Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Binders and Scaffolders for Meat And Meat Substitutes Market Size Expected to Be by 2034?
There has been robust growth in the market size of…
Top Factor Driving Cultivated Meat Market Growth in 2025: Increasing Meat Consum …
How Are the key drivers contributing to the expansion of the cultivated meat market?
The surge in meat product consumption is predicted to be a significant catalyst for the expansion of the cultivated meat market. Created either wholly or in part from animal carcass meat or other components, meat products are recognized as food for human consumption. Cultivated meat offers a sustainable way to boost meat consumption by increasing food availability…
Vegan Meat Market is Going to Boom | Beyond Meat, Unilever, Kelloggs
Market Research Forecast published a new research publication on "Vegan Meat Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Vegan Meat market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Malaysia Meat Market Size Is Booming Worldwide | Darabif Meat Company, Meat Fact …
Malaysia meat market is growing at a high CAGR because of the increasing per capita income of the consumers. Moreover, the growing consumption of red meat in Malaysia is driving the growth of the market
A recent study conducted by the strategic consulting and market research firm Report Ocean revealed that the Malaysia meat market was worth USD 2.14 billion in 2020. According to the study, the market is estimated to…
Global Meat Slicers Market, Global Meat Slicers Industry, Covid-19 Impact Global …
Meat slicers can be utilized for more than just meat. With meat slicer can generate perfectly uniform onion slicer, pepper rings and several others. Anything you can cut with a mandoline, you can cut with a meat slicer. It functions high for anything you want to cut ultra-thin-much better than a knife. A meat slicer, also called a slicing machine, deli slicer or simply a slicer, is a tool utilized…
