Title: Cultured Meat Market - Global Forecast to 2034
1Cultured Meat Market by Source (Poultry, Beef,
Seafood, Pork, Duck), End Use (Nuggets, Burgers,
Meatballs, Sausages, Hot Dogs), and Region (North
America, Europe, Asia Pacific, South America,
Middle East Africa) - Global Forecast to 2034
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2Cultured Meat Market Global Forecast to 2034
Report Description
The cultured meat market, also known as lab-grown
or cell-based meat, is an emerging sector within
the food industry that has gained considerable
attention in recent years. Cultured meat is
produced by cultivating animal cells in a
controlled environment, cutting the need for
traditional animal farming. This innovative
approach aims to address various environmental,
ethical, and health concerns associated with
conventional meat production. According to
MarketsandMarkets, the global cultured meat
market size is projected to reach USD 0.2 billion
in 2023 and USD 1.1 billion by 2034, at a CAGR of
16.5 from 2028 to 2034. In the next five years
from 2023, the cultured meat market is projected
to grow at 16.1 of CAGR. Download PDF
Brochure https//www.marketsandmarkets.com/pdfdo
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3Cultured Meat Market Global Forecast to 2034
Report Description
- Requirement of Cultured Meat in the Poultry
Segment - The need for cultured meat in the poultry segment
arises from a combination of environmental,
ethical, and economic considerations that are
driving the exploration of alternative protein
sources. Here are some key reasons for the
interest in cultured meat within the poultry
industry - Environmental Sustainability
- Reduced Environmental Impact
- Conventional poultry farming is associated with
significant environmental challenges, including
deforestation, water pollution, and high
greenhouse gas emissions. Cultured meat
production has the potential to significantly
reduce these negative environmental impacts by
requiring less land, water, and energy compared
to traditional poultry farming.
4Cultured Meat Market Global Forecast to 2034
Report Description
- Ethical Considerations
- Animal Welfare
- Cultured meat addresses concerns related to
animal welfare by ending the need for raising and
slaughtering animals for meat production. This
aligns with the growing consumer demand for more
humane and ethical treatment of animals in food
production. - Resource Efficiency
- Optimized Resource Utilization
- Cultured meat has the potential to use resources
more efficiently. Traditional poultry farming
involves the use of substantial amounts of feed,
water, and land. Cultured meat production can be
designed to use fewer resources, contributing to
a more sustainable and resource-efficient food
production system. - Speak to Analyst https//www.marketsandmarkets.co
m/speaktoanalystNew.asp?id204524444
5Cultured Meat Market Global Forecast to 2034
Report Description
- Disease Control
- Reduced Disease Transmission
- Poultry farming is susceptible to diseases that
can affect both animals and humans. Cultured meat
production can be conducted in a controlled
environment, reducing the risk of disease
transmission between animals and the potential
for zoonotic diseases. - Global Food Security
- Increased Protein Production
- With a growing global population and increasing
demand for protein, there is a need to find more
efficient and scalable ways to produce meat.
Cultured meat has the potential to contribute to
global food security by supplying a reliable and
sustainable source of protein.
6Report Description and Highlights
Report Description
- Technological Innovation
- Advancements in Biotechnology
- The poultry industry can benefit from
advancements in biotechnology and tissue
engineering, which enable the production of
high-quality cultured meat products. As
technology continues to improve, the scalability
and cost-effectiveness of cultured meat
production in the poultry segment are likely to
increase. - Consumer Demand
- Changing Consumer Preferences
- As consumers become more conscious of the
environmental and ethical implications of their
food choices, there is a growing demand for
sustainable and cruelty-free alternatives.
Cultured meat presents a choice that addresses
these concerns while providing a familiar and
popular protein source like poultry.
7Cultured Meat Market Global Forecast to 2034
Report Description
Diverse Offerings for Varied Tastes Creative
chefs and food scientists are pushing boundaries,
experimenting with an array of seasonings,
coatings, and cooking techniques to produce
nuggets that cater to a spectrum of tastes. From
classic comfort food enthusiasts to
health-conscious consumers looking for
gluten-free or low-fat options, the cultured meat
nuggets segment is diversifying to meet evolving
consumer preferences. Furthermore, the potential
for customization in nugget production, including
the incorporation of specific flavor profiles,
herbs, or spices, is broadening the appeal to a
wider consumer base. As these products become
more accessible and appealing to a broad
audience, the nuggets segment within the cultured
meat market is experiencing robust growth, driven
by culinary innovation and product
diversity. Make an Inquiry https//www.marketsan
dmarkets.com/Enquiry_Before_BuyingNew.asp?id20452
4444
8Cultured Meat Market Global Forecast to 2034
Report Description
US Market Dominance and Regulatory Support In
the global arena, the United States is poised to
claim the largest market share in 2023, thanks to
its dynamic environment fostering innovation,
attracting investments, and supplying crucial
regulatory support in the cultured meat sector.
This supportive ecosystem has significantly
reduced uncertainty and paved the way for
substantial progress, exemplified by recent
developments. A milestone achievement in 2023
was the approval from the U.S. Agriculture
Department (USDA) for the sale of lab-grown
chicken products. This groundbreaking approval
subjects cultured meat facilities to USDA
inspection, aligning them with traditional meat
processing plants. Speak to Analyst
https//www.marketsandmarkets.com/speaktoanalystNe
w.asp?id204524444
9Cultured Meat Market Key Players
Report Description
10Cultured Meat Market Global Forecast to 2034
Report Description
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441