Cultured Meat Market Fueling the Future of Sustainable Food

The global cultured meat market size is expected to be valued at 272.44 USD thousand units in 2024 and reach USD 547.97 thousand units by 2029, growing at a CAGR of 15% from 2024 to 2029.

Global Cultured Meat Market Report Scope:
• Market Size (2029): USD 547.97 thousand units
• Market Size (2024): USD 272.44 thousand units
• CAGR (2024 to 2029): 15%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Source, End User, And Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Appleton Meats (Canada), Higher Steaks (UK), Biofood Systems LTD (Israel), Fork & Goode (US), Finless Foods Inc. (US), Avant Meats Company Limited (China), Balletic Foods (US), Future Meat Technologies Ltd (Israel), Meatable (Netherlands), Mission Barns (US), Bluenalu, Inc. (US), New Age Meats (US), Aleph Farms Ltd (Israel) Are playing a dominant role in the global cultured meat market.

Increasing concerns from users about consuming only safe and healthy meat products, along with the rising awareness of the risks associated with the normally produced meat that is prepared by using various synthetic additives, is certainly a major factor for the market to grow. Growing food insecurity issues owing to the rapidly increasing global population are ascribed to boost the growth rate of the cultured meat market. The supply chain of traditional meat is decreasing every year due to various factors where the demand for the production of cultured meat is increasing. The decreasing production rate of traditional meat is anticipated to fuel the market growth. The emergence of COVID-19 raised economic crises across the world, further raising concerns about food security challenges. This prudentially upsurges the growth rate of the cultured meat market. In developed countries like the US, the demand for the production of beef is very high, and the declining production is increasing the prices of the traditional beef supply. On average, Americans are more likely to have less beef, up to a 5.6% decline compared to 2021, which means that the investments in culture meat should rise at a higher rate by companies.

Global warming and drastic changes in climate changes are also some of the causes of the shortage of the meat that further enhances the growth rate of the cultured meat market. The fitness freak consumers are depending on the meat products to add high protein and nutrients in their diet that promotes healthy lifestyle. Seeking ethical options and sustainable protein products is substantially promoting the growth rate of the culture meat market.

However, the risk of accepting advanced technological developments is slowly impeding the growth rate of the market. Stringent rules and regulations imposed by government authorities in approving the newly launched cultured meat products are acting as a major barrier to the growth rate of the cultured meat market. Uncertainty in the availability of raw products is the main reason for the surging prices of the final products, which is acting as a challenging factor for the market key players. Major companies are focusing on developing innovative products by developing different strategies that are likely to overcome all the challenges of the cultured meat market growth.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/cultured-meat-market.

Key Insights from the Report:

• By source, seafood is anticipated to dominate the global cultured meat market with the largest market shares, owing to the increasing use of the source of the cultured meat market.
• Based on end user, the Meatballs segment led the market and accounted for the largest share of the global market in 2023.
• North America is expected to lead the industry in 2023, taking into account the largest market share for cultured meat. Innovation and development are supposed to increase, and augmented spending on efficient R&D will be the most critical factor.
• Appleton Meats (Canada), Higher Steaks (UK), Biofood Systems LTD (Israel), Fork & Goode (US), Finless Foods Inc. (US), Avant Meats Company Limited (China), Balletic Foods (US), Future Meat Technologies Ltd (Israel), Meatable (Netherlands), Mission Barns (US), Bluenalu, Inc. (US), New Age Meats (US), Aleph Farms Ltd (Israel)

SEGMENTATION INCLUDED IN THIS REPORT:
By Source:
• Poultry
• Beef
• Seafood
• Pork
• Duck
By End User:
• Nuggets
• Burger
• Meatballs
• Sausages
• Hot Dogs
By Region:
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

Browse Regional Reports:
Europe Cultured Meat Market Research Report - segmented by Source, End User and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-cultured-meat-market

Latin America Cultured Meat Market Research Report - segmented by Source, End User & Country (Brazil, Argentina, Chile, and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-cultured-meat-market

Middle East & Africa Cultured Meat Market Research Report - Segmented By Source, End User & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2024 to 2029 - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-cultured-meat-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year, and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Poultry
5.1.3 Beef
5.1.4 Seafood
5.1.5 Pork
5.1.6 Duck
5.1.7 Y-o-Y Growth Analysis, By Source
5.1.8 Market Attractiveness Analysis, By Source
5.1.9 Market Share Analysis, By Source
5.2 End Use
5.2.1 Introduction
5.2.2 Nuggets
5.2.3 Burger
5.2.4 Meatballs
5.2.5 Sausages
5.2.6 Hot Dogs
5.2.7 Y-o-Y Growth Analysis, By End Use
5.2.8 Market Attractiveness Analysis, By End Use
5.2.9 Market Share Analysis, By End Use
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By End Use
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By End Use
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By End Use
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five Analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Appleton Meats
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Higher Steaks
8.3 Biofood Systems LTD
8.4 Fork & Goode
8.5 Aleph Farms Ltd
8.6 Finless Foods Inc
8.7 Avant Meats Company Limited
8.8 Balletic Foods
8.9 Future Meat Technologies Ltd
8.10 Mission Barns
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures

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MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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