According to Custom Market Insights (CMI), the global cultured meat market size was worth around USD $129.66 million in 2021 and is predicted to grow to around USD 450 million by 2030 with a compound annual growth rate (CAGR) of roughly 15% between 2022 and 2030. The report analyses the cultured meat market’s drivers and restraints, as well as the impact they have on demand throughout the projection period. In addition, the report examines global opportunities in the global cultured meat market.
Cultured meat Market: Overview
Cultured meat has the potential to provide more people around the world with access to high-quality meat at lower environmental costs in the long run. The cultured meat industry also helps reduce its impact on the environment because it requires less meat, is less polluted, and uses less water. Studies have also shown that laboratory-produced meat contains fewer contaminants and fewer antibiotics. This factor also had a positive impact on the growth of the industry.
Browse the full “Cultured Meat Market Size, Share, Growth Analysis Report By Source (Poultry, Beef, Seafood, Pork, Duck), By End-Use (Nuggets, Burgers, Meatballs, Sausages), and By Region – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” report at https://www.custommarketinsights.com/report/cultured-meat-market/
Growth Factors
Increased meat consumption, coupled with increased demand for nutritious meat, is expected to drive market expansion over the forecast period. Consumers are shifting their focus to a more nutritious diet that promotes a more sustainable lifestyle and is less dependent on animal protein.
Protein consumption is expected to provide many meat processors and food companies with the opportunity to switch to alternative animal proteins B Cultured meat to meet consumer demand. However, when using animal-based meat substitutes, meeting daily protein requirements and the taste of meat products is an important issue. This is a good potential for the cultural meat industry.
Segmental Overview
Based on the source, the market is divided into beef, pork, chicken, duck, and seafood. Among them, chicken consumed much more than other meats, so the poultry sector had a large market share. Therefore, the major producers are mainly focused on the production of poultry, which is very popular all over the world.
Get Free Sample Copy @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11812
Regional Overview
Based on the regional division, in 2021, the majority of the market share was occupied by the North American region. Some of the major factors responsible for the dominant market share are increased urbanization, increased technological advances in cell culture, growth in R&D activities, and the presence of international players in the region. In addition, a group of Americans has shifted their tastes to alternative meat products for increased profits.
The study includes an in-depth competitive analysis of these key players in the cultured meat market with their company profiles, recent developments, and key market strategies. Cubiq Foods S.L., Future Meat Technologies, Meatable B.V., Memphis Meats, Mission Barns, Mosa Meat BV, and Redefine Meatare other players in the market.
- Memphis Meats
- SuperMeat
- Just, Inc
- Aleph Farms Ltd
- Appleton Meats
Buy Now This Premium Report @ https://www.custommarketinsights.com/checkout/?reportid=11812
About Us:
Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.
Custom Market Insights provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.
Contact Us:
USA Corporate Office
CMI Consulting LLC
1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702
Sales & Support +1 801 639 9061
Email : support@custommarketinsights.com
Website : https://www.custommarketinsights.com/