The Global Artificial Meat Products market was estimated at USD 167.92 million in 2022 and is anticipated to reach USD 471.71 million by 2030, growing at a CAGR of 15.9%.
Artificial meat product is meat produced in vitro from animal cells rather than from defeated animals and this meat is used for product formation. It is recognized as a sort of cellular farming. Many of the tissue engineering practices utilized in regenerative medicine are employed to make artificial meat. In comparison to unadventurous meat, the use of artificial meat has numerous approaches to health, environmental, cultural, and economic debates. This market is likely to be driven by factors such as a rise in demand for meat replacements and alternative protein sources.
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The Top Key Players include Artificial Meat Products:
Memphis Meats (US), MosaMeat (Netherlands), SuperMeat (Israel), Just Inc (US), Integriculture (Japan), Aleph Farms Ltd (Israel), Finless Foods Inc. (US), Avant Meats Company Limited (China), Balletic Foods (US), Future Meat Technologies Ltd (Israel), Appleton Meats (Canada), Higher Steaks (UK), Biofood Systems LTD (Israel), Fork & Goode (US), Meatable (Netherlands), and Other Major Players.
By Source, the market is segmented into poultry, pork, beef and duck. The Poultry segment is expected to hold the highest market share in terms of revenue by 2029. This is due to the increasing popularity of poultry products in various quick-service restaurants, which has stimulated manufacturers to develop innovative alternative products to meet future meat consumer mandates. By Endusers, the Market is segmented into Nuggets, Sausages, Burgers, Meatballs, and Hot dogs. The Nuggets segment is expected to hold the highest market share in terms of revenue by 2029. As an important treated meat product, the demand for nuggets is increasing suggestively. As a result, in 2022, North America is anticipated to be the largest market for Cultured Meat.
By Type
- Nuggets
- Burgers
- Meatballs
- Sausages
- Hot Dogs
By Source
- Poultry
- Beef
- Seafood
- Pork
- Duck
By End Users
- Household
- Food Services
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North America is Expected to lead the Industry in terms of cultured Meat Market share in 2022. The rise in Innovations and Expansions, as well as high expenditure on efficient R & D, are anticipated to be major backers to its largest share. Consumers are Flowing from Conventional Meat to Cultured Meat products due to Health apprehensions about meat consumption, an intensification in investor interest in alternative proteins, and the prospective to provide the required nutrition in tailor-made proteins. Metropolitan areas in the United States and Canada are expected to lead evolution due to a higher number of flexitarian who are open to and receive meat substitutes and alternative proteins. The region's rising demand for substitute protein encourages Increased Production.
Region and country level analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
A Tremendous increase in R & D expenditures over recent years has been the primary driver of Market Expansion in the Artificial Meat sector. Increasing Demand for products made without Animal products has led Investors to expect high growth prospects from the Global Artificial Meat Market. With Increasing awareness about Animals meat and its impact on Health and the environment, artificial meat is gaining more recognition among Vegetarians, Youngsters, and people looking for healthier Alternatives.
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Table of Content
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities by Segment
Chapter 4: Market Landscape
Chapter 5: Artificial Meat Product Market by Type
Chapter 6: Artificial Meat Product Market by Source
Chapter 7: Artificial Meat Product Market by End-Users
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Artificial Meat Product Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Artificial Meat Product Market Analysis, Insights and Forecast, 2016-2028
Chapter 11: Europe Artificial Meat Product Market Analysis, Insights and Forecast, 2016-2028
Chapter 12: Asia-Pacific Artificial Meat Product Market Analysis, Insights and Forecast, 2016-2028
Chapter 13: Middle East & Africa Artificial Meat Product Market Analysis, Insights and Forecast, 2016-2028
Chapter 14: South America Artificial Meat Product Market Analysis, Insights and Forecast, 2016-2028
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Artificial Meat is meat manufactured in vitro from Animal Cells rather than from defeated animals. It is Acknowledged as a type of cellular farming. Many of the tissue engineering practices used in regenerative medicines are used to generate artificial meat. In comparison to unadventurous meat, the use of Artificial Meat has several approaches health, environmental, cultural, and economic deliberations. This market is expected to be driven by factors such as an Increase in Demand for meat substitutes and alternative protein sources.
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