Cultured Meat Market Size Is Projected at 16% of CAGR by 2026 Globallyjohndsouzaind | November 6, 2019 | 0 | Food and Beverages
Cultured Meat Market
Global Cultured Meat Market is valued approximately at USD 75.96 million in 2018 and is anticipated to grow with a healthy growth rate of more than 16% over the forecast period 2019-2026. The cultured meat is produced by taking a number of cells from an animal and growing them in a medium that is very rich in nutrients. These cells have the capability of multiplying to a great extent that every single cell can be used to manufacture a good amount of meat. Factors such as increasing demand for processed food products are increasing the demand of the market. The rising global population along with the growing need for increased food production with less dependency on climatic conditions is augmenting the demand for Cultured Meat. Increasing R&D, rising demand for alternative protein sources, adoption of technological advancements in cellular agriculture, increasing focus on animal welfare and the rising demand for environmental sustainability will boost the growth of the global Cultured Meat market over the forecast period of 2019-2026.
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The regional analysis of the global Cultured Meat Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the consumption of meat products, an increase in investor interests in alternative proteins, and the potentials to provide the required nutrition in tailor-made proteins. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing population, high disposable income, and rising demand for the alternative protein would create lucrative growth prospects for the Cultured Meat Market across the Asia-Pacific region.
Major market player included in this report are:
- Mosa Meat
- Memphis Meats
- Just, Inc.
- Integriculture Inc.
- Aleph Farms Ltd.
- Finless Foods Inc.
- Avant Meats Company Limited
- Balletic Foods
- Bluenalu, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
- Cold Chain
- Food & Beverages
- Others Cannabis
By End Use:
- Hot Dogs
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- North America
- Asia Pacific
- Latin America
- Rest of the World
Furthermore, years considered for the study are as follows:
- Historical year – 2016,2017
- Base year – 2018
- Forecast period – 2019 to 2026
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Target Audience of the Global Cultured Meat Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers VARs
- Third-party knowledge providers
- Investment bankers
Table of Content Covers the Topics mentioned below
- Executive Summary
- Global Cultured Meat Market Definition and Scope
- Global Cultured Meat Market Dynamics
- Global Cultured Meat Market Industry Analysis
- Global Cultured Meat Market, by Product Source
- Global Cultured Meat MARKET, by End-Use
- Global Cultured Meat Market, by Regional Analysis
- Competitive Intelligence
- Research Process
We also can offer a customized report to fulfill the special requirements of our clients. Regional and Countries report can be provided as well.
Name: Jennifer Daniel
Organization: Planet Market Reports