Cultured Meat Market to see Huge Growth by 2028

The global cultured meat market is anticipated to grow at a considerable CAGR of 17.9% during the forecast period. According to the United Nations (UN), the food system is responsible for about a quarter of global greenhouse gas emissions, most of which is generated from animal agriculture. The transport required for agriculture emits both methane, carbon dioxide, clearing land and forests including for agriculture emits carbon dioxide. Cultivated meat production offers the opportunity to use the spare land for re-wilding habitats, which would naturally reduce emissions or for producing more food for people. Moreover, the automated process through which cultivated meat is produced, and the sterile environment of its manufacturing, will eliminate the use of antibiotics and greatly reduce the risk for pathogens, contaminants, and food-borne illnesses associated with concentrated and intensive animal farming.

To Request a Sample of our Report on Cultured Meat Market: https://www.omrglobal.com/request-sample/cultured-meat-market

Furthermore, with rising consumers' interest in the environment and nutrition-rich food, food-tech companies have joined the race to invent meat alternatives. The growing startup and investment in companies related to cultured meat are anticipated to fill the demand for cultured meat in the market. For instance, in October 2021, Nutreco and Mosa Meat received $2 million under the European REACT-EU recovery assistance program to advance cellular agriculture and bring cultivated beef to the European Union market. The REACT-EU support was granted for R&D into lowering the costs of cell culture media, the most expensive step in the process of cultivating beef. The program will fund R&D to specifically address the 'basal' or base media in which the beef cells grow. By moving away from pharma-grade products and instead using feed- and food-grade byproducts from Nutreco's supply chain, Mosa Meat predicts it can lower the costs of basal media substantially.

Market Coverage

• The market number available for - 2021-2028

• Base year- 2021

• Forecast period- 2022-2028

Segment Covered-

· By Source

· By End-Use

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape-Mosa Meat B.V., Upside Foods, Inc., Just, Inc., Integriculture Inc., Aleph Farms Ltd., Finless Foods Inc.,and others.

A full Report of Cultured Meat Market is Available @ https://www.omrglobal.com/industry-reports/cultured-meat-market

Cultured Meat Market Report Segment

By Source

· Poultry

· Beef

· Seafood

· Pork

· Duck

By End-Use

· Household

· Food Services

Cultured Meat Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Aleph Farms Ltd.

· Applestone Meat Company LLC

· Avant Meats Company Ltd.

· Balletic, Inc.

· Biofood Systems Ltd.

· Bluenalu, Inc.

· Cubiq Foods S.L.

· Finless Foods Inc.

· Fork & Good, Inc.

· Future Meat Technologies Ltd.

· Higher Steaks

· Integriculture Inc.

· Just, Inc.

· Kiran Premier Meat Co. Ltd

· .Labfarmfoods, Inc.

· Meatable B.V.

· Mission Barns

· Mosa Meat B.V.

· Shiok Meats Pte Ltd

· Simply Foods Inc. (New Age Meats)

· Supermeat The Essence Of Meat Ltd.

· Upside Foods, Inc. (Memphis Meats)

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cultured-meat-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.