The Infinium Global Research analyzes the Cultured Meat Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global cultured meat market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of cultured meat. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the cultured meat market during the period. The global cultured meat market is projected to grow at a CAGR of 3.8% over the forecast period of 2019-2025.
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Cargill Invested in the Cultured Meat Business Firm “Alephs Farms”
May 2019, Cargill is now in the investment drive to grow in the unrelated business. Recently, the company has invested in the alternative protein business to tap the emerging opportunities in this sector. It has invested in the Alephs Farms, an Israel cell-cultured meat startup company. As per the Sonya Roberts, MD of growth venture and strategic pricing for Cargill Protein North America, the continuous growing demand for the plant and cultured protein is the emerging sector and has lots of opportunities in this sector.
US Food Regulatory Authorities are Expected to Regularize the Lab-Grown Meat Market by the End of This Year
May 2019, As per the Washington Post, the U.S. food regulatory and other regulatory agencies are expected to introduce rules and regulations to regularize the lab-grown meat market. This will help several companies to launch and market their lab-grown products in the U.S.
The growing awareness among the consumers about the environment and focus to adopt the environment-friendly lifestyle, which does not use many resources is helping to grow the demand for meat alternative products among the consumers. However, lack of awareness among the consumers and high production cost of the cultured meat as compared to the normal meat derived from the animals is restricting the growth of the market. The growing awareness about the health benefits among the consumers is expected to grow the demand for cultured meat products around the world.
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Segments Make up the Cultured Meat Industry
The global cultured meat market is segmented on the basis of source, and end use. On the basis of source, the sub-markets include poultry, pork, beef, and duck. On the basis of end use, the sub-markets include nuggets, burgers, meatballs, sausages, hot dogs, and other end uses.
North America Market is the Largest Market for Cultured Meat Products
Geographically, the cultured meat market is segmented into four regions namely, North America, Europe, the Asia-Pacific, and RoW. The North America market is the largest market for cultured meat products, owing to the presence of several companies, who are engaged in the development of cultured meat products. Additionally, the presence of a large number of aware consumers in this region is helping to grow the demand for the different type of food products based on cultured meat. Europe is the second-largest market of the cultured meat, after North America. The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period, owing to the growing awareness among young and middle-class consumers in this region.
Key Players of the Cultured Meat Industry
The global Cultured meat market comprises several players, some of few profiled companies in this report are IntegriCulture Inc., JUST, Inc., SuperMeat, Memphis Meats, Mosa Meat, and Other companies, among others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Cultured Meat.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.