November 7th, 2022
The Global Cultured Meat market was estimated at USD 144.88 million in 2021, and is anticipated to reach USD 407 million by 2028, growing at a CAGR of 15.9%.
The Cultured Meats Market research report provides all the information related to the industry. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Cultured Meats market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.
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Cultured meat requires much less land, uses less water, and produces less pollution. Furthermore, traditional meat production produces a lot of methane, carbon dioxide, and nitrous oxide, the so-called greenhouse gases contributing to global warming. Lab-grown meat could significantly reduce these emissions. The multiple benefits associated with cultured meat, including low environmental impact, elimination of the need to farm animals, and decreased public health risks, are driving the growth of the global cultured meat market. Cultured meat can be seen as an alternative protein product.
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Industry Major Market Players:
Memphis Meats (US),MosaMeat (Netherlands),SuperMeat (Israel),Just Inc (US),Integriculture (Japan),Aleph Farms Ltd (Israel),Finless Foods Inc. (US),Avant Meats Company Limited (China),Balletic Foods (US),Future Meat Technologies Ltd (Israel),Appleton Meats (Canada),Higher Steaks (UK),Biofood Systems LTD (Israel),Fork & Goode (US),Meatable (Netherlands),Mission Barns (US),Bluenalu,Inc. (US),New Age Meats (US),Shiok Meats (Singapore),Seafuture Sustainable Biotech (Canada),Wild Type (US),Lab farm Foods (US),Cubiq Foods (Spain),Kiran Meats (US),and Cell Farm FOOD Tech/Granja Celular S.A (Argentina)
COVID-19 Impact on Cultured Meat Market:
The food and beverage industry are strongly hit by the global pandemic of COVID-19 disease which is expected to affect the sales of major food and beverage products. Cultured meat is one of the emerging markets in the food and beverages industry and majorly produced through microbiological process. The manufacturing and research and development work has been stopped due to disease which further can affect the production of cultured meat. Moreover, consumer’s food demand and lifestyle could have a major impact after the end of the coronavirus disease outbreak, which, afterwards a considerable factor for the demand for cultured meat. Thus, cultured meat market would have a moderate to high impact due to COVID-19 disease pandemic.
In market segmentation By Type, the Cultured Meat Market report covers:
In Market Segmentation By End Use, The Cultured Meat Market Report Covers:
Regional Segmentation of Cultured Meat Market:
Middle East & Africa
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Cultured meat, also known as in vitro meat, is a subtype of artificial meat and is produced by tissue engineering technology and cellular agriculture. Humans have been dependent on meat to meet their nutritional requirements, as meat serves as an ideal source of omega-3 fatty acids, vitamin B12, protein, and iron. The in vitro meat is grown in the laboratory by harvesting muscle cells from animal in the culture media for growth and proliferation.
Key Important Features Which Are under Offering and Key Highlights of the Cultured Meat Market Report:
– Detailed Summary of Market
– Changing market dynamics of this industry
– Forex marketplace segmentation with Type, Program etc.
– Past, present and estimated market size in terms of dimensions and Value
– Business trends and developments.
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Global Cultured Meat Market Report contains market data from 2022 to 2028, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2022 to 2028. Detailed sales channels are also covered in the study.
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