Global Cultured Meat Market: Overview
The technology advancement in cellular agriculture industry is likely to propel growth of the global cultured meat market. The one of the major driver behind growth of the global culture meat market is growing concern towards welfare of the animals. The rising trends of investment by the prominent industry giants and increasing focus on sustainability of environment are another factors positively stimulating growth of the global cultured meat market in coming years.
Based on end user, the commercial segment can be divided into Horeca in which cultured meat can be consumed and food industry.
The report offers in-depth analysis of the global cultured meat market and also the changing competitive landscape of this market is included in the report. The research study also provides segmental and regional analysis of the global cultured meat market in the coming years.
Global Cultured Meat Market: Trends and Opportunities
The rising awareness about the environment sustainability due to rising demand for more meats by the consumers is likely to be key factor stimulating growth of the global cultured meat market in coming years. The rising trend of investment by various industry due to technology cultured advancement is expected to be another drivers fueling growth of this market in the near future.
The cultured meat market is still not produced on large scale and it is majorly available in specialty cultured stores and restaurants. This is likely to be one of the key challenge faced by the manufacturers in order to supporting growth of the global cultured meat market in the near future. The first burger grown in the laboratory is highly expensive, but soon the researcher has developed artificial meat which is affordable in price and it also tastes good. These are some of the prospects triggering growth of this market in coming years. The advancement in technology for the production of cultured meat and in order to manage the ever growing production the manufacturers are strategically collaborating with the other industry. This is likely to offer promising growth opportunity in the upcoming years.
Global Cultured Meat Market: Regional Outlook
From a geographical point of view, North America is likely to hold maximum share in terms of revenue growth and the region is expected to remain dominant throughout the forecast period from 2017 to 2024 owing to rising demand for meat product in the regions. The growth of this market also depends on the presence of large number of manufacturers in the region. However, the increasing number of poultry based quick service restaurants in the Middle East and Africa is likely to propel market growth in this region.
Global Cultured Meat Market: Companies Mentioned
This portion of the report provides brief analysis about the key players operating in the global cultured meat market. Some of the players operating in this market are Supermeat (Israel) Integriculture Inc. (Japan), Memphis Meat (United States), and Mosameat (the Netherlands). The manufacturers are focused toward mergers and acquisitions, partnership, collaboration in order to strengthen their presence across the globe.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.