Cultured Meat Market Analysis, Growth, Share, Trends, & Forecast to 2027

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MarketsandMarkets Presents
Cultured Meat Market - Forecast to 2027
https//www.marketsandmarkets.com/Market-Reports/c
ultured-meat-market-204524444.html
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The report "Cultured Meat Market by Source
(Poultry, Pork, Beef, Duck), End Use (Nuggets,
Burgers, Meatballs, Sausages, Hot Dogs), and
Region (North America, Europe, Middle East
Africa, South America, Asia Pacific) - Global
Forecast to 2027", The cultured meat market is
expected to reach a value of USD 15.5 Million in
2021 and is projected to reach USD 20.0 Million
by 2027, at a CAGR of 4.0 during the forecast
period. The market is driven by factors such as
increased demand for alternative meat proteins,
growing food safety concerns, and technological
advancements in cellular agriculture. Browse 71
market data Tables and 23 Figures spread
through 107 Pages and in-depth TOC on "Cultured
Meat Market - Global Forecast to 2027 The North
American region is projected to account for the
largest share in the global cultured meat market
in 2022. A large meat eating population, growing
investment and research on cultured meat, and the
presence of cultured meat manufacturers is
expected to provide promising prospects for
growth and diversification in the regions
cultured meat market. The Middle East Africa
region is expected to grow at the highest CAGR
during the forecast period. Israel is expected to
be a key country to look out for as it has seen a
significant amount of RD in the cultured meat
space. The major restraining factor for the
cultured meat market is the high investment cost.
There are restrictive regulations on genetically
modified food products, which can also negatively
impact the growth of cultured meat which is grown
in labs from cell culture. These factors are
expected to restrict the growth of the market in
the long run. Download PDF Brochure
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sp?id204524444
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• Objectives of the study are as follows
• To define, segment, and project the global
  cultured meat market size with respect to source,
  end use, and key regions
• To provide detailed information about the major
  factors influencing the growth of the market
  (drivers, restraints, opportunity and
  industry-specific challenges)
• To analyze the opportunities in the market for
  stakeholders and provide a competitive landscape
  of the market leaders
• To strategically profile the key players and
  comprehensively analyze their market position and
  core competencies
• Target Audience
• Meat processors, traders, distributors,
  importers, exporters, and suppliers
• Food retailers
• Commercial research development (RD)
  organizations and financial institutions
• Livestock research organizations
• Cultured meat associations and regulatory bodies
  such as the Cultured Meat Foundation and Future
  Food
• Other associations such as the US Cattlemen's
  Association (USCA), National Cattlemen's Beef
  Association, and the National Pork Producers
  Council
• Make an Inquiry https//www.marketsandmarkets.com
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The global cultured meat market study covers
three scenarios, namely, optimistic, normal, and
pessimistic, considering that the market sizing
is futuristic. For the normal scenario, the
global cultured meat market is projected to reach
USD 15.5 Million by 2021 and by 2027, at a CAGR
of 4.0. The market is primarily driven by
factors such as growing meat consumption,
increasing interest of manufacturers in producing
alternative protein, and growing number of
investors including major food industry giants
such as Cargill and Tyson Foods investing in
cellular agriculture-based technology. On the
basis of end use, cultured meat is expected to be
preferred for the preparation of nuggets. The
nuggets segment is expected to account for the
largest market share by 2022. Developed countries
such as the UK, Canada, the US, Germany, and
Spain are major consumers of nuggets as snacks
and present a positive outlook for the cultured
meat during the forecast period. Cultured meat is
also expected to be used in making sausages,
burgers, meatballs, and hot dogs. The growing
demand for clean meat and positive attitude
towards cultured meat by consumers in developed
countries are some factors expected to the growth
of this segment. The market in the Middle East
Africa is projected to grow at the highest CAGR
during the forecast period. Recent developments
in this region by major companies highlight the
growth prospect of the meat industry. This
report includes profiles of leading companies
such as MosaMeat (Netherlands), Memphis Meats
(US), SuperMeat (Israel), Just, Inc. (US), and
Integriculture Inc. (Japan). Request Sample
https//www.marketsandmarkets.com/requestsampleNew
.asp?id204524444  
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