Artificial Meat Market - Global Industry Analysis

Artificial Meat Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Healthcare Report Format : PDF Report Code: ZMR-6421 Status : Upcoming

Description

Global Artificial Meat Market: Overview

Artificial meat is produced by in-vitro animal cell culture in place of slaughtered animals. It is considered to be a cellular agriculture practice. It is produced using similar tissue engineering practices that were traditionally utilized in regenerating medicines. The application of artificial meat led to several perspectives of economic, cultural, environmental, and health considerations in comparison to traditional meat. The artificial meat is prepared in laboratories. The meat products prepared from the laboratory are safe, healthy, and disease-free as compared to traditional meat. In addition, it also does not pose any negative impact on the environment.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Artificial Meat Market: Growth Factors

The growing demand for meat substitutes and other alternative plant sources is propelling the growth of the global artificial meat market. Additionally, the growing health awareness along with better health benefits is positively affecting the market. The growing inclination of people towards animal welfare and environmental balance is further complementing the growth. The ongoing technological advancements and innovations in cellular agriculture are likely to discover the untapped potential of global artificial meat market. There is a significant spike in the consumption of meat products due to the growing awareness of people for consuming a nutritious diet. The increase in the number of restaurants, cafes, and hotels are serving artificial meat, which in turn is boosting the demand. Moreover, the growing demand for meat-based convenience meals like hotdogs, meatballs, burgers, sausage, nuggets, and several others among consumers is also influencing the market growth.

Global Artificial Meat Market: Segmentation

The global artificial meat market can be segmented into end-user, sources, and regions.

By end-user, the market can be segmented into hot dogs, sausages, meatballs, burgers, nuggets, and others. The nugget segment accounts for the largest share in the global artificial meat market due to its growing demand all across the globe. It is considered to be one of the primary forms of chicken meat. Also, the growing trend of on-the-go lifestyle is further boosting the consumption of snacking products, which in turn is likely to fuel the growth of the segment in the forthcoming years.

By sources, the market can be segmented into duck, pork, seafood, beef, and poultry. The poultry segment is anticipated to witness significant growth during the forecast period due to the surge in popularity of poultry products in several quick-service restaurants. Furthermore, it is also encouraging manufacturers to launch innovative alternative products to fulfill the surging future demand for poultry meat.

Global Artificial Meat Market: Regional analysis

North America accounts for the largest share in the global artificial meat market due to the growing demand for meat products in the region. Moreover, the growing innovations and developments in the field of artificial meat are further boosting the growth of the regional market. Manufacturers are investing heavily to boost the research and development activities to launch distinctive products into the market, thereby it is likely to fuel the growth of the regional market in the forthcoming years.

Asia Pacific is expected to witness a significant growth rate in forthcoming years due to the presence of prominent market leaders in the region. The growing trend of on-the-go breakfast products is further escalating the growth of the regional market. Also, a large number of people are inclining towards meat-based food from veganism due to its nutritional content.

Global Artificial Meat Market: Competitive Players

Some of the significant players in the global artificial meat market are Cell Farm FOOD Tech/Granjua Celular S.A., Cubiq Foods, Kiran Meats, Lab farm Foods, Wild Type, Shiok Meats, Seafuture Sustainable Biotech, Mutable, BlueNalu, Inc., Mission Barns, Biofood Systems LTD, Fork & Goode, Appleton Meats, Higher Steaks, Avant Meats Company Limited, Future Meat Technologies Ltd, Balletic Foods, Integriculture, Finless Foods Inc, Aleph Farms Ltd, SuperMeat, Just, Inc, and MosaMiat.

Global Artificial Meat Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The growing demand for meat substitutes and other alternative plant sources is propelling the growth of the global artificial meat market. Additionally, the growing health awareness along with better health benefits is positively affecting the market. The growing inclination of people towards animal welfare and environmental balance is further complementing the growth.

Some of the significant players in the global artificial meat market are Cell Farm FOOD Tech/Granjua Celular S.A., Cubiq Foods, Kiran Meats, Lab farm Foods, Wild Type, Shiok Meats, Seafuture Sustainable Biotech, Mutable, BlueNalu, Inc., Mission Barns, Biofood Systems LTD, Fork & Goode, Appleton Meats, Higher Steaks, Avant Meats Company Limited, Future Meat Technologies Ltd, Balletic Foods, Integriculture, Finless Foods Inc, Aleph Farms Ltd, SuperMeat, Just, Inc, and MosaMiat.

North America accounts for the largest share in the global artificial meat market due to the growing demand for meat products in the region. Moreover, the growing innovations and developments in the field of artificial meat are further boosting the growth of the regional market.

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