Our latest research report entitled Cultured Meat Market (by source (poultry, pork, beef, and duck), end-use (nuggets, burgers, meatballs, sausages, hot dogs, and other end uses)) provides complete and deep insights into the market dynamics and growth of Cultured Meat.
The latest information on market risks, industry chain structure Cultured Meat cost structure, and opportunities are offered in this report. The past, present, and forecast market information will lead to investment feasibility by studying the essential Cultured Meat growth factors.
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Growing Awareness About the Health Benefits Among the Consumers is Expected to Grow the Demand
The continuously growing demand of the meat-based product and simultaneously depleting resources to support the animal rearing in such a large scale as land, water is helping to grow the demand for cultured meat products around the world. As per the Food and Agriculture Organization of the United Nation forecast, the demand for the meat-based product by 2050 is expected to grow up to 70% higher than the present level.
But, the limited resource to support livestock farming is forcing to search for another alternative to produce meat and feed the human population. Further, the cultured meat consumes fewer resources as compared to the meat derived from the animal sources, such as cultured meat cultivation uses 99% less land and 96% less water, which helps to protect the scare resources of the land.
The growing awareness among the consumers about the environment and focus to adopt an 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.
North America Market is the Largest Market
Geographically, the cultured meat market is segmented into four regions namely, North America, Europe, the Asia-Pacific, and RoW. The North American 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 types 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.
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Report on Global Cultured Meat Market Covers Segments Such As 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.
The report provides profiles of the companies in the market such as IntegriCulture Inc., JUST, Inc., SuperMeat, Memphis Meats, Mosa Meat, and Other Companies.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-cultured-meat-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Cultured Meat.
- Complete coverage of all the product types and application 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.