Global Cultured Meat Market by Source, End-Use, Distribution Channel, and Regions— Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The global cultured meat market was valued at USD 206 million in 2019 and is expected to reach USD 590 billion by 2026, expanding at a CAGR of around 14.6% during the forecast period, 2020–2026.
Request for sample@https://dataintelo.com/request-sample/?reportId=5511
The cultured meat is a type of meat which is produced from in vitro nature cell or cells of animals from advanced technology without slaughtering of the animals. This meat is produced by taking different cells from various animals and growing them in a medium which is rich in nutrients. These cells can be multiplied to a great extent and a single cell can be used to manufacture a good amount of meat for the world population. Upon cell multiplication, the structure looks like a sponge and engulfs nutrients, with the aid of mechanical mechanism, increasing their protein and weight content.
In order to manufacture this meat in a bulk quantity various steps are needed to be taken under consideration. The cultured meat is the most favoured solution around the globe for increasing the meat requirement ever. These meat products also provide with favourable level of saturated fat and reduce the environmental impact. It is estimated that the resulting cultured meat can be seasoned, harvested, cooked to perfection for consumption as any other meat products such as chicken, hamburger, sausages and even a steak or a chicken breast. The cultured meat market is driven by the rising consumer preference for consuming the substitute for animal-based products.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing demand for alternative protein, environmental sustainability, and enhanced food safety are some of the key trends driving the growth of the cultured meat market and thus fueling the growth of the market.
- Technological advancements in cellular agriculture is a key factor driving the growth for the market.
- Increased focus on animal welfare and growing investor interest in alternative proteins and the ability to provide the required nutrition in tailor-made proteins are the factors fuelling the growth of the market.
- Stringent regulatory environment, is a key restraint of the market.
- High equipment and setup cost and lack of awareness are the factors which hampers the growth of the market.
- Market consolidation, is also a key restraining factor.
- Scepticism among consumers is a market challenge for the cultural meat market.
- Demand for cultural meat is expected to increase significantly which is a key market opportunity.
- Globally, the online retail space is widening, which is one of the positive trends that is going to foster the growth of the market during the forecast period.
Competitive Landscape:
Major companies in the global cultured meat market include Mosameat, Integriculture Inc, Memphis Meats, Just, Inc., Francisco-based Memphis Meats, MosaMeat, Brooklyn-based Modern Meadow, Supermeat, Tel Aviv-based Super Meat, and Brooklyn-based Finless Food and many more.
Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=5511
The global cultured meat market has been segmented on the basis of:
Source
- Poultry
- Pork
- Beef
- Duck
End-Use
- Nuggets
- Burgers
- Meatballs
- Sausages
- Hot dogs
- Others
Distribution Channel
- Hypermarkets
- Supermarkets
- Convenience Stores
- Food and Drink Specialty Stores
- Online Retail
Regions
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- Latin America
Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=5511
Why Choose Us:
- We offer industry-leading critical reports with accurate insights into the future of the market.
- Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments.
- We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency.
- The demand and supply dynamics offered in the report give a 360 degree view of the market.
- Our report helps readers decipher the current and future constraints in the cultured meat market, and help them formulate optimum business strategies to maximize growth in the market.
Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- cultured meat market Overview
- Global cultured meat market Analysis and Forecast by Type
- Global cultured meat market Analysis and Forecast by Application
- Global cultured meat market Analysis and Forecast by Sales Channel
- Global cultured meat market Analysis and Forecast by Region
- North America cultured meat market Analysis and Forecast
- Latin America cultured meat market Analysis and Forecast
- Europe cultured meat market Analysis and Forecast
- Asia Pacific cultured meat market Analysis and Forecast
- Middle East & Africa cultured meat market Analysis and Forecast
- Competition Landscape
About DataIntelo:
DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.
Contact Info:
Name: Alex Mathews
Address: 500 East E Street, Ontario,
CA 91764, US.
Phone No: US: +1 909 545 6473 | IND: +91–7000061386
Email: [email protected]
Website: https://dataintelo.com
Other Report: