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Cultured Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global cultured meat market reached a value of US$ 161.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 372.04 Million by 2027, exhibiting a CAGR of 14.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Cultured meat, also known as cultivated meat, is created in laboratories from a few animal cells without slaughtering any animal. It eliminates the need of farming and raising animals for food and prevents E. coli bacteria and other contaminants from entering the human body, which may be present in the conventional meat processing plant. Its production requires less land, uses less water, and produces less pollution compared to traditional meat production, which releases methane (CH4), carbon dioxide (CO2), nitrous oxide (N2O), and other greenhouse gases.

Cultured Meat Market Trends:

The growing awareness among the masses about the benefits of cultured meat like low environmental impact, eliminating the need to raise animals, and decreasing public health risks, represents one of the key factors driving the market. Moreover, there is a rise in the adoption of nutritional diets among the masses. This, along with the escalating demand for cultured meat among consumers allergic to animal-based proteins, is propelling the growth of the market. In addition, increasing concerns about animal welfare as animals around the world are illegally used for entertainment, food, medicine, and scientific advancement are positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce 3D printed cultured meat for creating precise digitally printed structures. They are also focusing on promoting the benefits of 3D printed cultured meat technology, such as preserving the texture, taste, and nutritional properties of animal meat products. Other growth-inducing factors are high per capita meat consumption and imports, increased demand for quick-service restaurants (QSRs), rising consumption of meat and meat products, and the rapid improvements in online food delivery services.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cultured meat market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, application and end user.

Breakup by Source:

  • Poultry
  • Beef
  • Seafood
  • Pork
  • Duck
     

Breakup by Application:

  • Nuggets
  • Burgers
  • Meatballs
  • Sausages
  • Hot Dogs
     

Breakup by End User:

  • Household
  • Food Services
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aleph Farms, BlueNalu Inc., Cubiq Foods S.L., Finless Foods Inc., Future Meat Technologies, IntegriCulture Inc., Meatable, Mission Barns, Mosa Meat, New Age Meats, Shiok Meats and Upside Foods.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Source, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aleph Farms, BlueNalu Inc., Cubiq Foods S.L., Finless Foods Inc., Future Meat Technologies, IntegriCulture Inc., Meatable, Mission Barns, Mosa Meat, New Age Meats, Shiok Meats and Upside Foods.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global cultured meat market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cultured meat market?
  • What are the key regional markets?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cultured meat market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Cultured Meat Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Source
    6.1    Poultry
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Beef
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Seafood
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Pork
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Duck
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Nuggets
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Burgers
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Meatballs
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Sausages
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Hot Dogs
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by End User
    8.1    Household
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Food Services
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Aleph Farms
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    BlueNalu Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Cubiq Foods S.L.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Finless Foods Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Future Meat Technologies
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    IntegriCulture Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Meatable
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Mission Barns
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Mosa Meat
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    New Age Meats
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Shiok Meats
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Upside Foods
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Cultured Meat Market: Major Drivers and Challenges
Figure 2: Global: Cultured Meat Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Cultured Meat Market: Breakup by Source (in %), 2021
Figure 5: Global: Cultured Meat Market: Breakup by Application (in %), 2021
Figure 6: Global: Cultured Meat Market: Breakup by End User (in %), 2021
Figure 7: Global: Cultured Meat Market: Breakup by Region (in %), 2021
Figure 8: Global: Cultured Meat (Poultry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Cultured Meat (Poultry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Cultured Meat (Beef) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Cultured Meat (Beef) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Cultured Meat (Seafood) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Cultured Meat (Seafood) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Cultured Meat (Pork) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Cultured Meat (Pork) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Cultured Meat (Duck) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Cultured Meat (Duck) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Cultured Meat (Nuggets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Cultured Meat (Nuggets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Cultured Meat (Burgers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Cultured Meat (Burgers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Cultured Meat (Meatballs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Cultured Meat (Meatballs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Cultured Meat (Sausages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Cultured Meat (Sausages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Cultured Meat (Hot Dogs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Cultured Meat (Hot Dogs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Cultured Meat (Household) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Cultured Meat (Household) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Cultured Meat (Food Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Cultured Meat (Food Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Cultured Meat Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Cultured Meat Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Cultured Meat Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Cultured Meat Industry: SWOT Analysis
Figure 82: Global: Cultured Meat Industry: Value Chain Analysis
Figure 83: Global: Cultured Meat Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Cultured Meat Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Cultured Meat Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 3: Global: Cultured Meat Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Cultured Meat Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Cultured Meat Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Cultured Meat Market: Competitive Structure
Table 7: Global: Cultured Meat Market: Key Players


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