The global cultured meat market is anticipated to grow at a considerable CAGR of 17.9% during the forecast period. According to the United Nations (UN), the food system is responsible for about a quarter of global greenhouse gas emissions, most of which is generated from animal agriculture. The transport required for agriculture emits both methane, carbon dioxide, clearing land and forests including for agriculture emits carbon dioxide. Cultivated meat production offers the opportunity to use the spare land for re-wilding habitats, which would naturally reduce emissions or for producing more food for people. Moreover, the automated process through which cultivated meat is produced, and the sterile environment of its manufacturing, will eliminate the use of antibiotics and greatly reduce the risk for pathogens, contaminants, and food-borne illnesses associated with concentrated and intensive animal farming.
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Furthermore, with rising consumers’ interest in the environment and nutrition-rich food, food-tech companies have joined the race to invent meat alternatives. The growing startup and investment in companies related to cultured meat are anticipated to fill the demand for cultured meat in the market. For instance, in October 2021, Nutreco and Mosa Meat received $2 million under the European REACT-EU recovery assistance program to advance cellular agriculture and bring cultivated beef to the European Union market. The REACT-EU support was granted for R&D into lowering the costs of cell culture media, the most expensive step in the process of cultivating beef. The program will fund R&D to specifically address the ‘basal’ or base media in which the beef cells grow. By moving away from pharma-grade products and instead using feed- and food-grade byproducts from Nutreco’s supply chain, Mosa Meat predicts it can lower the costs of basal media substantially.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
Segment Covered-
- By Source
- By End-Use
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Mosa Meat B.V., Upside Foods, Inc., Just, Inc., Integriculture Inc., Aleph Farms Ltd., Finless Foods Inc.,and others.
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Cultured Meat Market Report Segment
By Source
- Poultry
- Beef
- Seafood
- Pork
- Duck
By End-Use
- Household
- Food Services
Cultured Meat Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Aleph Farms Ltd.
- Applestone Meat Company LLC
- Avant Meats Company Ltd.
- Balletic, Inc.
- Biofood Systems Ltd.
- Bluenalu, Inc.
- Cubiq Foods S.L.
- Finless Foods Inc.
- Fork & Good, Inc.
- Future Meat Technologies Ltd.
- Higher Steaks
- Integriculture Inc.
- Just, Inc.
- Kiran Premier Meat Co. Ltd
- .Labfarmfoods, Inc.
- Meatable B.V.
- Mission Barns
- Mosa Meat B.V.
- Shiok Meats Pte Ltd
- Simply Foods Inc. (New Age Meats)
- Supermeat The Essence Of Meat Ltd.
- Upside Foods, Inc. (Memphis Meats)
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