Cultured Meat Market Industry Overview, Size, Share, Trends, & Forecast to 2027

1. MarketsandMarkets™ Presents Cultured Meat Market - Forecast to 2027 https://www.marketsandmarkets.com/Market-Reports/cultured-meat-market-204524444.html

2. The report "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", The cultured meat market is expected to reach a value of USD 15.5 Million in 2021 and is projected to reach USD 20.0 Million by 2027, at a CAGR of 4.0% during the forecast period. The market is driven by factors such as increased demand for alternative meat proteins, growing food safety concerns, and technological advancements in cellular agriculture. Browse 71 market data Tables and 23 Figures spread through 107 Pages and in-depth TOC on "Cultured Meat Market - Global Forecast to 2027“ 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. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=204524444

3. 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 strategically profile the key players and comprehensively analyze their market position and core competencies • 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 • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=204524444

4. 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 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. The market in the Middle East & Africa is projected to grow at the highest CAGR during the forecast period. Recent developments in this region by major companies highlight the growth prospect of the meat industry. This report includes profiles of leading companies such as MosaMeat (Netherlands), Memphis Meats (US), SuperMeat (Israel), Just, Inc. (US), and Integriculture Inc. (Japan). Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=204524444

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