Product Code: FB 6247
"The cultured meat value market for the normal scenario is projected to grow at a CAGR of 4.0% from 2022 to 2027"
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 cultured meat market is projected to reach USD 15.5 million by 2021 and USD 20.0 million by 2027, at a CAGR of 4.0%. The market is expected to be primarily driven by factors such as increasing meat consumption and continuous growth & innovation in alternative protein sources to meet current and future protein demand.
Another growth factor is expected to be the increasing concerns about food safety and health, rising preference for antibiotic-free meat, and growing concerns over animal welfare. However, the high capital investment required to produce cultured meat and stringent regulatory hurdles are factors expected to restrict the growth of the cultured meat market in the long run. Cell culture sourced from different animals requires different study approaches to develop the meat, resulting in a high cost. The high price of cultured meat stands as one of the major limitations for the growth of the cultured meat market.
"On the basis of source, poultry is projected to be the fastest growing segment of the cultured meat market during the forecast period."
Based on the source cell culture for cultured meat, the poultry meat segment is projected to grow at the highest rate. The presence of a number of developers and manufacturers working on poultry product development, easy availability of poultry meat, high consumption of poultry meat products, and preference for chicken and chicken products over red meat are some of the factors expected to drive the growth of the cultured meat sourced from poultry meat. The focus of consumers on preventive healthcare and nutrition value is also one of the factors driving the increasing demand for cultured meat, due to the fat content and a similar taste profile. These factors are expected to support the demand for poultry-sourced cultured meat.
"North America is expected to account for the largest market share in 2021."
North America is projected to dominate the cultured meat market in 2021 and projected to grow at a steady rate over the next six years in term of revenue. The region is characterized by the significant amount of investment made and research conducted for the development of cultured meat. Factors such as growth in meat consumption, meat-based snacks, environmental sustainability, and awareness about the benefits of cultured meat over farmed meat in North America are expected to support the demand for cultured meat in the region. The US market is characterized by established manufacturers of cultured meat and a significant meat eating population; these factors support the growth of the cultured meat market.
Break-up of Primaries:
- By Designation: C-level - 35%, and Director Level - 25%, Others - 40%
- By Region: Europe -44%, North America - 30%, Asia Pacific - 10%, and RoW - 16%
The key players profiled in this report are as follows:
- Mosameat (Netherlands)
- Memphis Meats (US)
- SuperMeat (Israel)
- Just, Inc. (US)
- Integriculture Inc. (Japan)
Research Coverage:
The report segments the cultured meat market on the basis of source, end use, and region. In terms of insights, this research report has focused on various levels of analyses-competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the cultured meat market, high-growth regions, countries, government initiatives, drivers, restraints, opportunity, and challenges.
Reasons to Buy the Report:
- To get a comprehensive overview of the cultured meat market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions in which the cultured meat market is flourishing
TABLE OF CONTENTS
1. INTRODUCTION
- 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
- 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
4. PREMIUM INSIGHTS
- 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
- 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
- 6.1. INTRODUCTION
- 6.2. POULTRY
- 6.3. PORK
- 6.4. BEEF
- 6.5. DUCK
7. CULTURED MEAT MARKET, BY END USE
- 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
9. CULTURED MEAT MARKET, BY REGION
- 9.1. INTRODUCTION
- 9.2. NORTH AMERICA
- 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
- 10.1. OVERVIEW
- 10.2. MARKET RANKING
11. COMPANY PROFILES (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
- 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
- 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT 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: CULTURED MEAT MARKET SIZE, BY SOURCE, 2021-2027 (TONS)
- TABLE 43: NORMAL SCENARIO: NORTH AMERICA: CULTURED MEAT MARKET SIZE, BY END USE, 2021-2027 (USD THOUSAND)
- TABLE 44: NORMAL SCENARIO: NORTH AMERICA: CULTURED MEAT MARKET SIZE, BY END USE, 2021-2027 (TONS)
- TABLE 45: NORMAL SCENARIO: NORTH AMERICA: CULTURED MEAT MARKET SIZE, BY COUNTRY, 2021-2027 (USD THOUSAND)
- TABLE 46: NORMAL SCENARIO: NORTH AMERICA: CULTURED MEAT 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: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY SOURCE, 2021-2027 (TONS)
- TABLE 49: EUROPE: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY END USE, 2021-2027 (USD THOUSAND)
- TABLE 50: EUROPE: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY END USE, 2021-2027 (TONS)
- TABLE 51: EUROPE: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY COUNTRY, 2021-2027 (USD THOUSAND)
- TABLE 52: EUROPE: CULTURED MEAT 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: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY SOURCE, 2021-2027 (TONS)
- TABLE 55: ASIA PACIFIC: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY END USE, 2021-2027 (USD THOUSAND)
- TABLE 56: ASIA PACIFIC: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY END USE, 2021-2027 (TONS)
- TABLE 57: ASIA PACIFIC: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY COUNTRY, 2021-2027 (USD THOUSAND)
- TABLE 58: ASIA PACIFIC: CULTURED MEAT 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: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY SOURCE, 2021-2027 (TON)
- TABLE 61: SOUTH AMERICA: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY END USE, 2021-2027 (USD THOUSAND)
- TABLE 62: SOUTH AMERICA: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY END USE, 2021-2027 (TON)
- TABLE 63: SOUTH AMERICA: CULTURED MEAT MARKET SIZE IN THE NORMAL SCENARIO, BY COUNTRY, 2021-2027 (USD THOUSAND)
- TABLE 64: SOUTH AMERICA: CULTURED MEAT 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: CULTURED MEAT MARKET SIZE, BY SOURCE, 2021-2027 (TONS)
- TABLE 67: NORMAL SCENARIO: MIDDLE EAST & AFRICA: CULTURED MEAT MARKET SIZE, BY END USE, 2021-2027 (USD THOUSAND)
- TABLE 68: NORMAL SCENARIO: MIDDLE EAST & AFRICA: CULTURED MEAT MARKET SIZE, BY END USE, 2021-2027 (TONS)
- TABLE 69: NORMAL SCENARIO: MIDDLE EAST & AFRICA: CULTURED MEAT MARKET SIZE, BY COUNTRY, 2021-2027 (USD THOUSAND)
- TABLE 70: NORMAL SCENARIO: MIDDLE EAST & AFRICA: CULTURED MEAT MARKET SIZE, BY COUNTRY, 2021-2027 (TONS)
- TABLE 71: TOP THREE PLAYERS LED THE GLOBAL CULTURED MEAT MARKET, 2017
LIST OF 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
