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Cultured Meat Market Landscape 2025: Forecast Data and Growth Strategy Insights
Cultured Meat
Cultured Meat Market Size Growth Forecast: What to Expect by 2025?
The size of the cultured meat market has experienced quick expansion in the recent past. The projected growth is from $0.23 billion in 2024, expanding to $0.28 billion in 2025, with a compound annual growth rate (CAGR) standing at 19.9%. The notable growth observed in the historic timeline can be credited to factors such as sustainable methods of food production, issues related to animal welfare, resource efficiency, the demand for alternatives to protein, and the availability of investments and funding.
How Will the Cultured Meat Market Size Evolve and Grow by 2029?
In the coming years, the market size of cultured meat is projected to experience significant expansion. By the year 2029, it's expected to reach a valuation of $0.54 billion, showcasing a compound annual growth rate (CAGR) of 18.3%. The predicted growth during the forecast period is due to factors such as strategies for reducing costs, worldwide population increase, diversification in product features, and integration in the culinary sector. Key trends for the forecast period include advancements in technology, investment and funding inflows, a wide range of cultured meat products, and considerations regarding the environment and ethics.
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What Drivers Are Propelling the Growth of Cultured Meat Market Forward?
The growth of the cultured meat market is being fueled by the escalating global consumption of meat. Cultured meat, being less contaminated than animal meat, is consumed as a more healthful option. As protein needs and disposable income rise, people worldwide are consuming meat in larger amounts than ever before. For instance, data from the Australian Bureau of Statistics, an Australian government organization that gathers and examines economic, demographic, environmental, and social data, demonstrated a 3.6% rise in red meat production from March 2024 to June 2024. During the same timeframe, the production of chicken meat experienced a more noteworthy increase of 5.4%, reaching 374,602 tonnes. Meanwhile, the production of beef had increased by 2.8% in the June 2024 quarter, totaling 626,781 tonnes.
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Which Emerging Trends Are Transforming the Cultured Meat Market in 2025?
Key players in the cultured meat market, such as Umami Bioworks, are innovating and producing new products like cultivated fish balls to stay competitive. Cultivated fish balls refer to fish balls produced using cultured meat technology or cellular agriculture. In August 2022, for example, Singapore-based Umami Bioworks released its cultivated fish ball laksa, made from fish cells cultivated in a lab and paired with plant proteins to improve texture and taste. Umami Meats is committed to crafting sustainable solutions for threatened fish species by utilizing a unique non-GMO procedure to create fish muscle, fat, and connective tissue from a solitary stem cell. They produce seafood that's devoid of mercury, antibiotics, microplastics and other ocean contaminants, offering consumers the option of a more sustainable and healthier alternative to traditional seafood.
What Are the Key Segments in the Cultured Meat Market?
The cultured meat market covered in this report is segmented -
1) By Type: Poultry, Beef, Seafood, Pork, Duck
2) By Application: Nuggets, Sausages, Burgers, Hot Dogs, Meatballs, Other Applications
3) By Distribution Channel: Hyper markets, Food And Drink Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels
4) By End-User: Household, Food Services
Subsegments:
1) By Poultry: Chicken, Turkey, Other Poultry
2) By Beef: Ground Beef, Steak, Other Beef Cuts
3) By Seafood: Fish, Shellfish, Other Seafood
4) By Pork: Bacon, Sausage, Pork Chops, Other Pork Cuts
5) By Duck: Duck Breast, Duck Leg, Other Duck Cuts
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Who Are the Key Players Shaping the Cultured Meat Market's Competitive Landscape?
Major companies operating in the cultured meat market include Shiok Meats Pte. Ltd., Because Animals Inc., Lab Farm Foods Ltd., Biofood Systems Inc., Mosa Meat BV, Higher Steaks Cultivated Meat Ltd., UPSIDE Foods Inc., Eat Just Inc., Mission Barns Food Inc., Memphis Meats Inc., Mirai Foods Co. Ltd., Aleph Farms Ltd., Vow Foods Pty. Ltd., BioTech Foods Ltd., Meatable Pte. Ltd., Future Meat Technologies Ltd., Hoxton Farms Inc., Modern Meadow Inc., Bond Pet Foods Inc., Redefine Meat Ltd., MeaTech 3D Ltd., Finless Foods Inc., SuperMeat Ltd., Integriculture Inc., Cubiq Foods Inc., Cell Farm Food Tech Ltd., Avant Meats Company Inc., Cultured Decadence LLC
What Geographic Markets Are Powering Growth in the Cultured Meat Market?
North America was the largest region in the cultured meat market in 2024. The regions covered in the cultured meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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