Press release
Cultivated Meat Market to reach USD 22.92 Bn by 2029, Technological Advancements and Growth Opportunities
According to a recent report by MMR, the global Cultivated Meat Market size was valued at USD 6.77 Bn in 2021, and it is expected to grow at a CAGR of 16.47 percent from 2022 to 2029, reaching nearly USD 22.92 Bn.Cultivated Meat Market Report Scope and Research Methodology
Cultivated meat, also known as cultured meat or lab-grown meat, is real animal flesh created directly from animal cells. The market is driven by several factors, such as the increasing population, rising average incomes, changing lifestyles, and health benefits associated with it.
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The report investigates the Cultivated Meat market's drivers, limitations, prospects, and barriers. The report explores the Cultivated Meat market's segments by Source, Type, End-Use, and Region. The data provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors.
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Cultivated Meat Market Dynamics
One of the major drivers of the cultivated meat market is that it is a preferred substitute for regular meat. Consumers are changing their interest in adopting a more nutritious diet that promotes a more sustainable lifestyle and relies less on animal proteins. Additionally, those who are allergic to animal proteins make up the majority of alternative protein consumers. The health benefits associated with Cultivated Meat, such as being free of growth hormones, bacterial contamination, and zoonotic diseases, are attracting consumers.
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However, the high cost of cultivated meat is a major factor that restrains the market growth. Many organizations are in the research and development stages of generating cultured meat. This means that significant investments are required before significant advances in the subject may be made.
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Cultivated Meat Market Regional Insights
The report covers regional insights into the market, such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to hold the largest share of the cultivated meat market due to the high adoption rate of cultured meat and increasing investment in research and development.
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Cultivated Meat Market Segmentation
By Sources:
• Poultry
• Beef
• Seafood
• Pork
• Duck
By Type:
• Red Meat
• Poultry
• Seafood
By End-Use:
• Nuggets
• Burgers
• Meatballs
• Sausage
• Hot dogs
• Others (pet food, and foie gras)
Cultivated Meat Market Key Competitors 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)
• Cell Farm FOOD Tech/Granja Celular S.A (Argentina)
Table of Content for Cultivated Meat Market:
Global Cultivated Meat Market: Research Methodology
Global Cultivated Meat Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Cultivated Meat Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Cultivated Meat Market Segmentation
Global Market, by Sources (2021-2029)
Global Market, by Type (2021-2029)
Global Market, by End-Use (2021-2029)
Regional Cultivated Meat Market (2021-2029)
Regional Market, by Sources (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by End-Use (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Sources, Type and End-Use
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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