Press release
Cultivated Meat Market Set to Soar: Projected to Reach USD 1.2 Billion by 2030 at a CAGR of 21.9%
The ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ was valued at USD 0.3 billion in 2023 and is projected to reach USD 1.2 billion by 2030, growing at a CAGR of 21.9% from 2024 to 2030. This rapid growth highlights the increasing consumer demand for ethical, sustainable, and innovative alternatives to traditional meat production.๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Cultivated meat, also referred to as cultured meat, is produced by cultivating animal cells in controlled environments, eliminating the need for traditional animal farming. This innovative method replicates the sensory and nutritional profiles of conventional meat, addressing concerns over animal welfare, environmental sustainability, and ethical considerations. With advancements in technologies such as bioprinting, optimized cell growth techniques, and 3D bioprinting, companies like Aleph Farms and MeaTech are leading the way in creating structured meat products. This market is gaining traction globally, especially in regions like North America, and is set to revolutionize the food industry.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/cultivated-meat-market/2393
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ:
The growing demand for cultivated meat is primarily driven by concerns for animal welfare, as more consumers seek non-slaughter alternatives. Traditional meat production often involves ethical concerns such as cramped living conditions and the environmental impact of livestock farming. Cultivated meat offers a solution by producing animal products without the need to raise and slaughter animals. As public awareness of these issues grows, consumers are increasingly turning to cultivated meat, which is also supported by regulatory advances and innovations in production techniques, reducing costs and enhancing scalability.
๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The cultivated meat market is experiencing several key trends, including the integration of bioprinting and cell growth optimization technologies. Companies are utilizing bioprinting to create realistic, structured meat products that replicate traditional cuts of meat, addressing consumer concerns over texture. Additionally, advancements in cell culture media and bioreactor design are improving scalability and efficiency, which is crucial for reducing costs and meeting rising demand. Furthermore, investments and partnerships are accelerating the commercialization of cultivated meat, with companies collaborating with food manufacturers and retailers to expand product offerings and reach mainstream markets.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/cultivated-meat-market/2393
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's cultivated meat market is gaining traction as startups collaborate with global companies to introduce lab-grown protein products. Vietnam Future Foods Ltd. partnered with international biotech firms to develop affordable cultivated meat tailored to local culinary preferences. Government support for sustainable food production is accelerating growth in this segment.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is emerging as a key market for cultivated meat, driven by its strong food export industry and focus on sustainability. Thai Protein Innovations launched plant-based and lab-grown hybrid meat products in 2023, targeting health-conscious and environmentally aware consumers. The government's promotion of green food technologies is fostering market expansion.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan remains at the forefront of innovation in cultivated meat, leveraging its advanced biotechnology sector. Companies such as Nissin Foods and IntegriCulture are investing heavily in the development of lab-grown seafood and meat products. The growing interest in reducing reliance on traditional livestock farming is fueling demand for cultivated alternatives.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's cultivated meat market is witnessing consolidation as major food companies acquire tech startups specializing in cellular agriculture. Korea Biotech Foods acquired Seoul Alternative Meats, enhancing its portfolio of lab-grown meat products. The country's strong focus on food security and innovation is shaping market trends.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's cultivated meat market is advancing rapidly, with the country being the first to approve lab-grown meat for commercial sale. Singapore Future Protein Solutions collaborated with European firms to produce cultivated chicken and seafood. Government initiatives supporting food innovation and sustainability are driving growth in this sector.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States leads the cultivated meat market, driven by significant investments in R&D and strong consumer interest in sustainable protein. Companies like Memphis Meats and Eat Just introduced lab-grown chicken and beef products in 2023, catering to retail and foodservice sectors. Federal funding for alternative proteins is further propelling the market.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's cultivated meat market is thriving, supported by stringent environmental regulations and increasing investments in sustainable food technologies. Companies such as Mosa Meat and Aleph Farms are spearheading innovations in lab-grown beef and poultry. The European Union's emphasis on reducing carbon emissions is fostering large-scale adoption of cultivated meat solutions.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Vietnam Future Foods Ltd. collaborated with international firms to introduce affordable cultivated meat in Vietnam.
Thai Protein Innovations launched hybrid meat products catering to health-conscious consumers in Thailand.
Nissin Foods and IntegriCulture expanded their cultivated seafood and meat portfolios in Japan.
Korea Biotech Foods acquired Seoul Alternative Meats, consolidating its market position in South Korea.
Singapore Future Protein Solutions partnered with European firms to commercialize cultivated chicken and seafood.
Memphis Meats and Eat Just unveiled lab-grown chicken and beef products for the U.S. market.
Mosa Meat and Aleph Farms introduced sustainable beef and poultry solutions in Europe.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/cultivated-meat-market/2393
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ:
By Source
Poultry
Beef
Seafood
Pork
By Application
Nuggets
Burgers
Meatballs
By End User
Household
Food Services
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/cultivated-meat-market/2393
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Avant Meats Company Limited
Biftek INC
Mosa Meat
BlueNalu, Inc.
BioFood Systems Ltd
WildType
New Age Eats
Shiok Meats Pte Ltd
SuperMeat
Meatable
Finless Foods, Inc
Fork & Good, Inc.
Future Meat Technologies Ltd
UPSIDE Foods
Mission Barns
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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