Global Cultured Meat Market to Reach USD 615.1 Million by 2033, Augmented by Rising Demand for Sustainable Alternatives

November 13, 2024 | Food & Beverages

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According to the latest report by IMARC Group, titled “Cultured Meat Market Report by Source (Poultry, Beef, Seafood, Pork, Duck), Application (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs), End User (Household, Food Services), and Region 2025-2033,” the global cultured meat market size reached USD 233.8 Million in 2024. Cultured meat, also known as lab-grown meat, is produced in laboratories by cultivating animal cells without slaughtering any animal. It relies on tissue engineering techniques that allow scientists to grow real meat from a small sample of animal cells while eliminating the need for animal husbandry. It is a sustainable method that requires less water and land, reduces greenhouse gas (GHG) emissions, and resource depletion. Besides this, it assists in reducing the environmental impact as compared to conventional meat production.

Global Cultured Meat Market Trends:

At present, the rising adoption of cultured meat due to specific nutritional requirements among individuals represents one of the major factors impelling the growth of the market. In line with this, the growing demand for safer alternatives that reduce the risk of contaminations and foodborne illnesses are providing a positive market outlook. Additionally, the increasing awareness among consumers about the environmental and ethical implications of conventional meat production is offering lucrative growth opportunities to industry investors. Apart from this, the rising focus on improving the scalability and viability of the cultured meat production process among scientists is supporting the growth of the market. In addition, the growing adoption of cultured meat due to the rising demand for sustainable and animal-friendly alternatives among individuals across the globe is positively influencing the market. Furthermore, technological advancements in biotechnology and tissue engineering that assist in more efficient and cost-effective production of cultured meat are supporting the growth of the market. Looking forward, the market value is projected to reach USD 615.1 Million by 2033, expanding at a CAGR of 11.3% during 2025-2033.

Market Summary:

Based on the source, the market has been divided into poultry, beef, seafood, pork, and duck. Presently, poultry holds the largest market share.
On the basis of the application, the market has been classified into nuggets, burgers, meatballs, sausages, and hot dogs.
Based on the end user, food services exhibit a clear dominance in the market, followed by the household.
Region-wise, the market has been segmented into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, Asia Pacific enjoys the leading position in the market.
The competitive landscape of the market has also been examined, with some of the key players being Aleph Farms, BlueNalu Inc., Cubiq Foods S.L., Finless Foods Inc., Future Meat Technologies, IntegriCulture Inc., Meatable, Mission Barns, Mosa Meat, New Age Meats, Shiok Meats, and Upside Foods.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Source, Application, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Aleph Farms, BlueNalu Inc., Cubiq Foods S.L., Finless Foods Inc., Future Meat Technologies, IntegriCulture Inc., Meatable, Mission Barns, Mosa Meat, New Age Meats, Shiok Meats and Upside Foods.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Cultured Meat Market to Reach USD 615.1 Million by 2033, Augmented by Rising Demand for Sustainable Alternatives

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