Clean Meat Market is expected to grow at a CAGR of 17.1% during the forecasted period | Evolve Business Intelligence

Key Highlights:
• The global Clean Meat Market size was valued at USD 1.2 billion in 2023 growing at a CAGR of 17.1% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Clean Meat Market size accounted for USD 1.2 Billion in 2023, growing at a CAGR of 17.1% from 2023 to 2033. Clean meat, also known as cultured meat or lab-grown meat, refers to meat products that are produced by in vitro cultivation of animal cells, rather than by traditional methods of raising and slaughtering animals. The process typically involves taking a small sample of animal cells, such as muscle cells, and then culturing and multiplying them in a controlled environment. The goal is to create meat that is biologically identical to conventionally produced meat but without the need to raise and slaughter animals on a large scale.

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Clean meat is often promoted as a more environmentally sustainable alternative to conventional meat production. It requires fewer resources, such as land, water, and feed, and generates lower greenhouse gas emissions. The ethical treatment of animals is a significant concern for many consumers. Clean meat provides a way to obtain animal products without the need for traditional livestock farming, addressing concerns related to animal welfare and slaughter. Clean meat can be produced with specific nutritional profiles, potentially offering healthier options with controlled fat content and the absence of certain contaminants associated with traditional meat production.

Key Players
Some of the major Clean Meat Market players holding high market shares include Beyond Meat, Impossible Foods, Mosa Meat, Memphis Meats, Finless Foods, Aleph Farms, Dylan Avant, and Eat Just, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include New Age Marketing Inc, SuperMeat, Meat Future, BlueNalu, Wildtype, IntegriCulture, Shiok Meats, MeaTech Solutions, CELL FARM LLC, BioBQ

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Segmental Analysis
Based on Source, the Clean Meat market is segmented into Pork, Poultry, Seafood, Duck, and Beed. Poultry is expected to be the largest segment of the clean meat market. Chicken is the most consumed meat globally, with billions of chickens slaughtered for food each year. This high demand makes poultry a logical target for clean meat production. Poultry is considered one of the easier types of clean meat to produce, as the cells require fewer growth factors and can grow more quickly than other types of meat cells.
Based on End-Use, the Clean Meat market is a Sausage, Burgers, Nuggets, Hotdogs, and Others. Burgers are expected to be the largest segment of the clean meat market. Burgers are one of the most popular fast food items in the world, and there is a growing demand for clean meat alternatives to conventional burgers. Burgers are a relatively simple product to produce, as they do not require complex shaping or cooking techniques.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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