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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Cultured Meat Market Analysis
Based on source, the market is segmented into poultry, pork, beef, seafood, and duck. On the basis of application, the market can be divided into nuggets, burgers, meatballs, sausages, and hot dogs, among others. The cultured meat market segmentation, based on end use, includes household, foodservices, and pet industry.
The major regional markets for cultured meat include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Cultured Meat Market Report Snapshots
Cultured Meat Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.79 billion.
The market is estimated to grow at a CAGR of 45.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 81.66 billion by 2032.
The market is being driven by the growing demand for clean meat products, increasing focus on animal welfare, and changing customer food choices combined with rising disposable incomes.
The key trends aiding the market expansion include technological advancements in the field of tissue engineering and regenerative medicine (TERM) and innovations in the alternative protein category.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of cultured meat include nuggets, burgers, meatballs, sausages, and hot dogs, among others.
The major players in the market are BlueNalu, Inc., Supermeat The Essence of Meat Ltd., Shiok Meats Pte Ltd., Finless Foods, Inc., Upside Foods, Inc., Mission Barns, Vow Group Pty Ltd., Aleph Farms Ltd., Eat Just, Inc. (GOOD Meat), and Meatable B.V., among others.
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