Cultured Meat Global Market To Reach Value Of About $276 Million In 2025

11 Nov, 2021

The cultured meat market consists of sales of lab-grown meat products by entities (organization, partnerships, and sole traders) that produce meat created in culture using different tissue of animals and bio-engineered techniques. Cultured meat is also known as clean meat or in vitro meat and acts as a healthier alternative to conventional animal meat. The cultured meat is grown in a laboratory using animal stem cells or also called building block cells. These cells are soaked in liquid containing nutrients to help them duplicate and then transferred to the bioreactor, where the meat is grown.

Global Cultured Meat Market Size And Drivers:

The global cultured meat market is expected to grow from $110.09 million in 2020 to $127.67 million in 2021 at a compound annual growth rate (CAGR) of 16%. The growth of the cultured meat market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cultured meat market is expected to reach $275.59 million in 2025 at a CAGR of 21.2%. The increasing consumption of meat across the globe is contributing to the growth of the cultured meat market.

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Trends In The Global Cultured Meat Market

Meat made from 3D printed cells is gaining popularity among meat production companies to create precise digitally printed structures. 3D printed cultured meat has evolved in recent months to develop 3D printed hybrid cells and plant-based meats. In 2020, MeatTech, an Israel-based farmed meat company, successfully 3D printed a beef fat structure grown with bovine fat cells and edible bio-bonds. 3D printed cultured meat technology offers many benefits to meat consumers that include preserving texture, taste, and nutritional properties of animal meat products by reducing environmental impact.

Global Cultured Meat Market Segments:
The global cultured meat market is further segmented –
By Type: Poultry, Beef, Seafood, Pork, Duck
By Application: Nuggets, Sausages, Burgers, Hot Dogs, Meatballs, Others
By Distribution Channel: Hypermarkets, Food And Drink Specialty Stores, Convenience Stores, Online Retail, Others
By End-User: Household, Food Services
By Geography: The global cultured meat market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Cultured Meat Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cultured meat market overviews, analyzes and forecasts market size and growth for the global cultured meat market, cultured meat market share, cultured meat market players, cultured meat market segments and geographies, cultured meat market’s leading competitors’ revenues, profiles and market shares. The cultured meat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.