High environmental burden due to livestock farming, advancements in cellular technologies, and steady research funding for alternative meat solutions in developed nations will be key contributing factors to the gradual acceptance and expansion of the market during the period of forecast.
Cultured Meat Market Size – USD 15.29 Million in 2021, Market Growth – CAGR of 4.4%, Market Trends – pseudo plant meats, product experimentations
According to the current analysis of Reports and Data, the global Cultured Meat market is estimated to be valued at USD 15.29 Million by year 2021, and reach a value of USD 19.0 Million by year 2026, at an estimated CAGR of 4.4%. With the increase in global demand for meat, there is also a strong lookout for meat substitutes and alternative sources of protein. This can be associated with environment sustainability concerns coupled with rising focus on animal welfare and benefits offered by cultured meat. Advancements in cellular agriculture is also pushing the growth of synthetic meat forward.
The market, despite its popular appeal, is still at an early stage due to obstructions such as long approval periods, huge and recurring funding requirements, and the slow rate of usable output. New scaffold developments are expected to be of crucial use in the market.
Europe is projected to grow significantly at a CAGR of 4.6% in the forecast period. This can be associated with increasing investment in the market. A number of start-ups are entering into the industry majorly due to growing awareness of animal welfare, antibiotic resistance, and the environment. Increasing regulatory support in the region is also likely to stimulate demand. For instance, the European Food Safety Authority’s regulation on novel foods, specifically includes cultured meat, and establishes a process of around 18 months in which a company has to prove that its products are safe.
Competitive Landscape:
Mosa Meat, Integriculture Inc., Aleph Farms, Finless Foods, Memphis Meats, Modern Meadow, Wild Earth Inc., Supermeat, and Future Meat Technologies, among others.
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Order now@ https://www.reportsanddata.com/checkout-form/2021For the purpose of this study, Reports and Data have segmented the Cultured Meat market on the basis of source, application, and region:
Source (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
Application (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Macro-Economic Indicators
3.1.1. Rising sustainability concerns
3.1.2. High environmental costs due to livestock farming
3.1.3. Extensive product innovations and development
3.1.4. Increasing global demand for meat
Chapter 4. Cultured Meat Segmentation & Impact Analysis
4.1. Cultured Meat Segmentation Analysis
4.2. Cultured Meat Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
…
Chapter 8. Competitive Landscape
8.1. Market Revenue Share by Manufacturers
8.2. Mergers & Acquisitions
8.3. Strategy Benchmarking
8.4. Vendor Landscape
Chapter 9. Company Profiles
9.1. Mosa Meat
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Integriculture Inc.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
Continue….
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In conclusion, the Cultured Meat Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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