Cultured Meat Market Size, Competitive Landscape and Market Forecast - 2030

Market Overview:
Cultured Meat Market is expected to grow at a CAGR of 4.8% during the forecasting period (2023-2030).
Cultured meat also known as lab-grown meat is produced through in-vitro cultivation of animal cells, instead of slaughtered animals. Cultured meat has financial, health, animal welfare, and environmental advantages over traditional meat.
The cultured meat industry is experiencing new collaboration between the existing startups focusing on improving awareness among the communities regarding cell culture techniques and lab-grown meat technologies.
Currently, the initial price of lab-grown meat is quoted at higher than traditional meat & further commercialization of cultured meat is expected to decrease the price and boost the sales during the forecast period

Download free sample: https://www.datamintelligence.com/download-sample/cultured-meat-market

Market Dynamics
1. Increasing shifts in interests among the major convenience food producers towards the adoption of sustainable agricultural technologies are the primary factor driving the global cultured meat market.
2. Minimal lead time in the production of cultured meat over conventional meat is expected to increase consumer interest towards lab-grown meat during the forecast period.
3. Ongoing research by various agricultural organizations and startups proved that the production time of lab-grown meat is 2-3 weeks compared with traditional meat with a production time of 2-3 years.

View full report: https://www.datamintelligence.com/research-report/cultured-meat-market

Market Segmentation:
• By Meat Type
o Poultry*
o Beef
o Seafood
o Pork
o Others
• By Product Type
o Sausages*
o Burgers
o Nuggets
o Others

Company Profiles:
1. Balletic Foods
2. BlueNalu, Inc.
3. Bond Pets LLC
4. Aleph Farms
5. Memphis Meats
6. HigherSteaks
7. Finless Foods Inc.

Trending Topics:
Meat Alternatives Market: https://www.datamintelligence.com/research-report/meat-alternatives-market
Meat Testing Market: https://www.datamintelligence.com/research-report/meat-testing-market
Meat Snacks Market: https://www.datamintelligence.com/research-report/meat-snacks-market

DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park,
Industrial Development Area, Uppal,
Hyderabad, Telangana 500039
Website: https://www.datamintelligence.com/

DataM Intelligence 4Market Research is a market intelligence platform that gives access to syndicated, customized reports and consulting to its clients in one place. As a firm with rich experience in research and consulting across multiple domains, we are a one-stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed, and food & beverages, among others. Our platform has Insights on markets that uncover the latest market research data that are distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our trategy-centric framework and value-added services will let individuals and corporates ease access and custom personalization to research and markets.

This release was published on openPR.