HOME Top Market Reports Cultured Meat Market by Source (Poultry, Pork, Beef, Duck), End Use (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) - Global Forecast to 2027

Cultured Meat Market by Source (Poultry, Pork, Beef, Duck), End Use (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) - Global Forecast to 2027

By: marketsandmarkets.com
Publishing Date: May 2018
Report Code: FB 6247

 

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The global cultured meat market study covers three scenarios, namely, optimistic, normal, and pessimistic, considering that the market sizing is futuristic. The global cultured meat market for the normal scenario is expected to be valued at USD 15.5 Million in 2021 and is projected to grow at a CAGR of 4.0%, to reach USD 20.0 Million by 2027. The forecast period considered for the study is from 2022 to 2027.

Objectives of the study are as follows:

  • To define, segment, and project the global cultured meat market size with respect to source, end use, and key regions
  • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunity and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with the key countries)
  • To strategically profile the key players and comprehensively analyze their market position and core competencies

Research Methodology

This report includes estimations of the market size in terms of value (USD thousand/million) and volume (tons). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the cultured meat market and of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research and their position in the respective regions has been determined through primary and secondary research. Secondary sources such as the Cultured Meat Foundation, Future Food, US Cattlemen's Association (USCA), British Meat Processors Association, and National Cattlemen's Beef Association have been considered to identify and collect information useful for a technical, market-oriented, and commercial study of the cultured meat market.

Cultured Meat Market

To know about the assumptions considered for the study, download the pdf brochure

The market for cultured meat is dominated by key players such as MosaMeat (the Netherlands), Memphis Meats (US), SuperMeat (Israel), Just, Inc. (US), and Integriculture Inc. (Japan).

Target Audience:

  • Meat processors, traders, distributors, importers, exporters, and suppliers
  • Food retailers
  • Commercial research & development (R&D) organizations and financial institutions
  • Livestock research organizations
  • Cultured meat associations and regulatory bodies such as the Cultured Meat Foundation and Future Food
  • Other associations such as the US Cattlemen's Association (USCA), National Cattlemen's Beef Association, and the National Pork Producers Council

Scope of the report

The cultured meat market has been segmented as follows:

Based on Source,

  • Poultry
  • Pork
  • Beef
  • Duck

Based on End Use, 

  • Nuggets
  • Burgers
  • Meatballs
  • Sausages
  • Hot dogs
  • Others (include pet food and foie gras)

Based on Region,

  • North America
  • Europe
  • Middle East & Africa
  • South America
  • Asia Pacific

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs. Currently, since the product is under development phase, the market data is provided based on futuristic trends. Considering that the market is in its nascent stage, customizations offered for the report would be limited. Customization on the pessimistic and optimistic scenario of regional markets can be provided, and any further customization requested will be considered only after studying the feasibility for the same.

Table of Contents

1 Introduction (Page No. - 11)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Unit Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 15)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 23)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Opportunities in the Cultured Meat Market (Normal Scenario)
    4.2 Cultured Meat Market, By Region (Normal Scenario)
    4.3 Europe: Cultured Meat Market, By Source & Country (Normal Scenario)
    4.4 Cultured Meat Market, By End Use & Region (Normal Scenario)
    4.5 Cultured Meat Market Share: Key Countries (Normal Scenario)

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Alternative Protein
                    5.2.1.2 Technological Advancements in Cellular Agriculture
                    5.2.1.3 Enhanced Food Safety
                    5.2.1.4 Investment By Key Industry Giants
                    5.2.1.5 Environmental Sustainability
                    5.2.1.6 Focus on Animal Welfare
           5.2.2 Restraints
                    5.2.2.1 Stringent Regulatory Environment
                    5.2.2.2 High Set Up Cost
           5.2.3 Opportunity
                    5.2.3.1 High Per Capita Meat Consumption and Imports in Emerging Southeast Asian Economies
           5.2.4 Challenges
                    5.2.4.1 Skepticism Among Consumers
                    5.2.4.2 Increased Demand for Plant-Based Protein

6 Cultured Meat Market, By Source (Page No. - 38)
    6.1 Introduction
    6.2 Poultry
    6.3 Pork
    6.4 Beef
    6.5 Duck

7 Cultured Meat Market, By End Use (Page No. - 48)
    7.1 Introduction
    7.2 Nuggets
    7.3 Burgers
    7.4 Meatballs
    7.5 Sausages
    7.6 Hot Dogs
    7.7 Other End Uses

8 Patent Analysis (Page No. - 60)

9 Cultured Meat Market, By Region (Page No. - 62)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
    9.3 Europe
           9.3.1 Germany
           9.3.2 Netherlands
           9.3.3 UK
           9.3.4 Rest of Europe
    9.4 Asia Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 Singapore
           9.4.4 Rest of Asia Pacific
    9.5 South America
           9.5.1 Brazil
           9.5.2 Rest of South America
    9.6 Middle East & Africa
           9.6.1 Israel
           9.6.2 UAE
           9.6.3 Rest of Middle East & Africa

10 Competitive Landscape (Page No. - 93)
     10.1 Overview
     10.2 Market Ranking

11 Company Profiles (Page No. - 94)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     11.1 Introduction
     11.2 Mosameat
     11.3 Memphis Meats
     11.4 Supermeat
     11.5 Just, Inc.
     11.6 Integriculture Inc.

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 99)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (71 Tables)

Table 1 Survey Conducted on “Attitudes to in Vitro Meat: A Survey of Potential Consumers in the United States”
Table 2 Cultured Meat Market Size in the Optimistic Scenario, By Source, 2021–2027 (USD Thousand),
Table 3 Market Size in the Optimistic Scenario, By Source, 2021–2027 (Tons)
Table 4 Cultured Meat Market Size in the Normal Scenario, By Source, 2021–2027 (USD Thousand)
Table 5 Market Size in the Normal Scenario, By Source, 2021–2027 (Tons)
Table 6 Cultured Meat Market Size in the Pessimistic Scenario, By Source, 2021–2027 (USD Thousand)
Table 7 Market Size in the Pessimistic Scenario, By Source, 2021–2027 (Tons)
Table 8 Cultured Poultry Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 9 Cultured Poultry Meat Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 10 Cultured Pork Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 11 Cultured Pork Meat Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 12 Cultured Beef Market in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 13 Cultured Beef Market in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 14 Cultured Duck Meat Market in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 15 Cultured Duck Meat Market in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 16 Cultured Meat Market Size in the Optimistic Scenario, By End Use, 2021–2027 (USD Thousand),
Table 17 Market Size in the Optimistic Scenario, By End Use, 2021–2027 (Tons)
Table 18 Cultured Meat Market Size in the Normal Scenario, By End Use, 2021–2027 (USD Thousand)
Table 19 Market Size in the Normal Scenario, By End Use, 2021–2027 (Tons)
Table 20 Cultured Meat Market Size in the Pessimistic Scenario, By End Use, 2021–2027 (USD Thousand),
Table 21 Market Size in the Pessimistic Scenario, By End Use, 2021–2027 (Tons)
Table 22 Nuggets: Cultured Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 23 Nuggets: Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 24 Burgers: Cultured Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 25 Burgers: Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 26 Meatballs: Cultured Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 27 Meatballs: Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 28 Sausages: Cultured Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 29 Sausages: Market Size in the Normal Scenario, By Region, 2022–2027 (Tons)
Table 30 Hot Dogs: Cultured Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 31 Hot Dogs: Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 32 Others: Cultured Meat Market Size in the Normal Scenario, By Region, 2021–2027 (USD Thousand)
Table 33 Others: Market Size in the Normal Scenario, By Region, 2021–2027 (Tons)
Table 34 List of Patents for Cultured Meat Market Till 2017
Table 35 Optimistic Scenario: Cultured Meat Market Size, By Region, 2021–2027 (USD Thousand)
Table 36 Optimistic Scenario: Market Size, By Region, 2021–2027 (Tons)
Table 37 Normal Scenario: Cultured Meat Market Size, By Region, 2021–2027 (USD Thousand)
Table 38 Normal Scenario: Market Size, By Region, 2021–2027 (Tons)
Table 39 Pessimistic Scenario: Cultured Meat Market Size, By Region, 2021–2027 (USD Thousand)
Table 40 Pessimistic Scenario: Market Size, By Region, 2021–2027 (Tons)
Table 41 Normal Scenario: North America: Cultured Meat Market Size, By Source, 2021–2027 (USD Thousand)
Table 42 Normal Scenario: North America: Market Size, By Source, 2021–2027 (Tons)
Table 43 Normal Scenario: North America: Market Size, By End Use, 2021–2027 (USD Thousand)
Table 44 Normal Scenario: North America: Market Size, By End Use, 2021–2027 (Tons)
Table 45 Normal Scenario: North America: Market Size, By Country, 2021–2027 (USD Thousand)
Table 46 Normal Scenario: North America: Market Size, By Country, 2021–2027 (Tons)
Table 47 Europe: Cultured Meat Market Size in the Normal Scenario, By Source, 2021–2027 (USD Thousand)
Table 48 Europe: Market Size in the Normal Scenario, By Source, 2021–2027 (Tons)
Table 49 Europe: Market Size in the Normal Scenario, By End Use, 2021–2027 (USD Thousand)
Table 50 Europe: Market Size in the Normal Scenario, By End Use, 2021–2027 (Tons)
Table 51 Europe: Market Size in the Normal Scenario, By Country, 2021–2027 (USD Thousand)
Table 52 Europe: Market Size in the Normal Scenario, By Country, 2021–2027 (Tons)
Table 53 Asia Pacific: Cultured Meat Market Size in the Normal Scenario, By Source, 2021–2027 (USD Thousand)
Table 54 Asia Pacific: Market Size in the Normal Scenario, By Source, 2021–2027 (Tons)
Table 55 Asia Pacific: Market Size in the Normal Scenario, By End Use, 2021–2027 (USD Thousand)
Table 56 Asia Pacific: Market Size in the Normal Scenario, By End Use, 2021–2027 (Tons)
Table 57 Asia Pacific: Market Size in the Normal Scenario, By Country, 2021–2027 (USD Thousand)
Table 58 Asia Pacific: Market Size in the Normal Scenario, By Country, 2021–2027 (Tons)
Table 59 South America: Cultured Meat Market Size in the Normal Scenario, By Source, 2021–2027 (USD Thousand)
Table 60 South America: Market Size in the Normal Scenario, By Source, 2021–2027 (Ton)
Table 61 South America: Market Size in the Normal Scenario, By End Use, 2021–2027 (USD Thousand)
Table 62 South America: Market Size in the Normal Scenario, By End Use, 2021–2027 (Ton)
Table 63 South America: Market Size in the Normal Scenario, By Country, 2021–2027 (USD Thousand)
Table 64 South America: Market Size in the Normal Scenario, By Country, 2021–2027 (Ton)
Table 65 Normal Scenario: Middle East & Africa: Cultured Meat Market Size, By Source, 2021–2027 (USD Thousand)
Table 66 Normal Scenario: Middle East & Africa: Market Size, By Source, 2021–2027 (Tons)
Table 67 Normal Scenario: Middle East & Africa: Market Size, By End Use, 2021–2027 (USD Thousand)
Table 68 Normal Scenario: Middle East & Africa: Market Size, By End Use, 2021–2027 (Tons)
Table 69 Normal Scenario: Middle East & Africa: Market Size, By Country, 2021–2027 (USD Thousand)
Table 70 Normal Scenario: Middle East & Africa: Market Size, By Country, 2021–2027 (Tons)
Table 71 Top Three Players Led the Global Cultured Meat Market, 2017


List of Figures (23 Figures)

Figure 1 Cultured Meat Market Segmentation
Figure 2 Regional Segmentation
Figure 3 Cultured Meat: Research Design
Figure 4 Breakdown of Primary Interviews: By Designation and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Cultured Meat Market, By Source, 2022 vs 2027 (Normal Scenario)
Figure 9 Cultured Meat Market, By End Use, 2022 vs 2027 (Normal Scenario)
Figure 10 Cultured Meat Market, By Region (Normal Scenario)
Figure 11 Projected Shortfall in Supply of Meat Together With Growing Safety Concerns Associated With Traditional Meat to Drive the Cultured Meat Market in the Normal Scenario
Figure 12 North America to Dominate the Market Through 2027 in the Normal Scenario
Figure 13 Poultry Segment to Hold the Largest Share of the Cultured Meat Market By 2021
Figure 14 Nuggets Segment to Account for the Largest Market Size in the Cultured Meat Market Across All Regions By 2021
Figure 15 UAE & Israel are to Be the Fastest-Growing Markets, 2021
Figure 16 Market Dynamics: Cultured Meat Market
Figure 17 Global Meat Consumption, 2017–2026
Figure 18 Projected Per Capita Poultry Consumption in Southeast Asian Countries (2016–2025)
Figure 19 Poultry Meat is Projected to Dominate in the Cultured Meat Market From 2022 to 2027 (Normal Scenario)
Figure 20 Cultured Meat Market, By End Use, 2022–2027, Normal Scenario (USD Thousand)
Figure 21 Geographic Snapshot (2022–2027): UAE to Emerge as A New Hot Spot, in Terms of Value
Figure 22 North America: Cultured Meat Market Snapshot
Figure 23 Middle East & Africa: Cultured Meat Market Snapshot

The global cultured meat market study covers three scenarios, namely, optimistic, normal, and pessimistic, considering that the market sizing is futuristic. For the normal scenario, the global cultured meat market is projected to reach USD 15.5 Million by 2021 and by 2027, at a CAGR of 4.0%. The market is primarily driven by factors such as growing meat consumption, increasing interest of manufacturers in producing alternative protein, and growing number of investors including major food industry giants such as Cargill and Tyson Foods investing in cellular agriculture-based technology.

On the basis of source, the cultured meat market is segmented into poultry, pork, beef, and duck. The poultry segment is projected to account for the largest share, followed by pork, in 2022. Currently, cells cultured from poultry meat are preferred for making cultured meat due to consumer preference for chicken, its cost effectiveness, and simplified cell structure as compared to other sources such as beef.

On the basis of end use, cultured meat is expected to be preferred for the preparation of nuggets. The nuggets segment is expected to account for the largest market share by 2022. Developed countries such as the UK, Canada, the US, Germany, and Spain are major consumers of nuggets as snacks and present a positive outlook for the cultured meat during the forecast period. Cultured meat is also expected to be used in making sausages, burgers, meatballs, and hot dogs. The growing demand for clean meat and positive attitude towards cultured meat by consumers in developed countries are some factors expected to the growth of this segment.

Cultured Meat Market

The North American region is projected to account for the largest share in the global cultured meat market in 2022. A large meat eating population, growing investment and research on cultured meat, and the presence of cultured meat manufacturers is expected to provide promising prospects for growth and diversification in the region’s cultured meat market. The Middle East & Africa region is expected to grow at the highest CAGR during the forecast period. Israel is expected to be a key country to look out for as it has seen a significant amount of R&D in the cultured meat space.

The major restraining factor for the cultured meat market is the high investment cost. There are restrictive regulations on genetically modified food products, which can also negatively impact the growth of cultured meat which is grown in labs from cell culture. These factors are expected to restrict the growth of the market in the long run.

Companies such as Memphis Meats (US), MosaMeat (Netherlands), SuperMeat (Israel), Just, Inc (US), and Integriculture Inc. (Japan) conduct extensive research & development of cultured meat products.

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