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Global Artificial Meat Market by Product Type (Sausages, Beef, Chicken, Fish and Others (Snacks, Pork, Seafood, Duck, etc.)), By Distribution Channel Distribution (Retail Outlets, Whole Sellers, Online Stores, and Supermarket/Hypermarkets), By End-User (Restaurants, Households, and Others (Hotels, Canteens, etc.)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
Global Artificial Meat Market Overview:
The global artificial meat market was valued at USD 94.45 million, and it is expected to reach USD 331.6 million with a CAGR of 17.5 %during the forecast period of 2022-2028.
The Artificial Meat or Cultured Meat is meat produced by in vitro cultivation of animal cells. The Artificial Meat or Cultured Meat is a type of meat, which is grown in the cell culture rather than in the animal’s body. Lab-grown meat or cultured meat, or in vitro meat, or synthetic meat, is made by growing muscle cells in a nutrient serum and encouraging them into muscle-like fibers. Besides cultured meat, the terms slaughter-free meat, in vitro meat, vat-grown, lab-grown meat, cell-based meat, clean meat, cultivated meat, and synthetic meat have all been used by various outlets to describe the product. The artificial stem cells made from animal stem cells, researchers feed the stem cells with sugar, amino acids, oils, minerals, and a variety of nutrients to keep them growing.
The Artificial Meat or Cultured Meat or Lab-grown meat with characteristics from a combination of animals, or enhance lab-grown meat with healthier fats, vitamins or vaccines. In 2013, the world’s first lab-grown burger was cooked and eaten at a news conference in London. The artificial meat market divided into plant meat and cultured meat according to the manufacturing process and production technology. The former based on raw materials such as plant protein and artificially synthesizes meat analogs, and the latter made using animal stem cells out of artificial meat.
Global Artificial Meat Market Insights
Global Artificial Meat Market is estimated to grow with a significant CAGR during the projected period, 2019-2027. With the rising demand for alternative protein sources, a surge in focus on animal welfare, and the growing demand for environmental sustainability are vital factors expected to propel the global artificial meat market. Additionally, with the strengthening of consumers’ health and environmental awareness, and the maturity of biotechnology is expected to bolster the global artificial meat market during the forecast period. Moreover, the growing consumption of meat products along with increasing demand for nutritious meat is likely to augment the growth of the global cultured meat.
Furthermore, the increasing consumer inclination towards animal welfare and innovations in cellular agriculture are positively stimulating the growth of artificial meat or the lab-grown meat market in the upcoming periods. Additionally, consumers continue to focus on plant-based diets and protein alternatives, and dairy alternatives are beginning to gain more attention from investors and consumers. Urbanization, population growth, and the rise of the middle-income class have all led to increased meat consumption, which is increasing demand for the alternative protein diet such as artificial meat or cultured meat.
Growth Driver
Rising consumption of meat
The developing world’s population, coupled with rising demand for meat products, would be expected to drive the global artificial meat market. However, with the improvement of living standards, the increase of people’s awareness of health and environmental protection, and the rise of the global vegetarian style, more and more people will begin to accept artificial meat as a new type of healthy food. The artificial meat market has also ushered in more competitors, including some established food companies. A new food revolution is gaining momentum.
Population Growth
Population growth led to increased meat consumption. According to United Nations data, in 2016, about 55% of the world’s urban population was expected to grow to 60% by 2030. At the same time, the world’s population expected to soar to 9.6 billion by 2050, resulting in a 61% increase in food production.
Artificial meat can reduce negative environmental impacts and pollution
Animal husbandry is a significant source of greenhouse gas emissions. Besides, reducing livestock can release global arable land, reduce soil erosion, and reduce world water supply pressure. Consumers are looking for healthier alternatives to meat. As the global obesity rate rises, consumer interest in alternative meat products is increasing, driving demand for artificial proteins. Artificial meat reduces contamination and eliminates antibiotics during meat production, which has a positive impact on the health issues facing the food production value chain.
Product Type Segmental Analysis
Based on Product Type, the global Artificial Meat Market categorized into Sausages, Beef, Chicken, Fish, and Others (Snacks, Pork, Seafood, and Duck, etc.). The Chicken segment anticipated to lead the market on account of the rising demand for the rapidly growing urban population in developing countries. Additionally, the cost-effectiveness for low-income families in developing countries and accessible source of protein with low-fat content will influence the artificial meat market.
Distribution Segmental Analysis
Based on the distribution channel, the Global Artificial Meat Market classified into Retail Outlets, Wholesalers, Online Stores, and Supermarkets/Hypermarkets. The Online Stores segment projected to exhibit the highest market due to the rise in income levels of consumers and the growing online shopping industry across the globe. The retail outlets will grow by the developing economies in developing countries and the shifting of consumers from conventional meat to cultured meat products.
End-User Segmental Analysis
Based on End-User, the Global Artificial Meat Market segregated into Restaurants, Households, and Others (Hotels, Canteens, etc.). The Household segment will dominate the market due to the improvement of living standards, the increase in people’s awareness of health and environmental protection, and the rise of the global vegetarian style. The restaurant segment will trigger by urbanization, rising population, and the growth in consumer’s income levels.
Region Segmental Analysis
Based on geography, the global Artificial Meat market segmented into North America, Europe, Asia Pacific, and Middle East & Africa. North America witnessed to gain maximum share in the market owing to the sizeable meat-eating population and growing investment in meat production industries. The Asia Pacific market will be drive-by urbanization, population growth, and the rise of the middle-income class, which has led to increased meat consumption.
Competitor Analysis
Companies such as MosaMeat, Just, Inc, SuperMeat, Aleph Farms Ltd, Finless Foods Inc, Integriculture, Balletic Foods, Future Meat Technologies Ltd, Avant Meats Company Limited, Higher Steaks, Appleton Meats, Fork & Goode, Biofood Systems LTD, Mission Barns, BlueNalu, Inc., Meatable, and Seafuture Sustainable Biotech are the key players in the Global Artificial MeatMarket.
Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global Artificial Meat Manufacturing firms
- Research organizations and consulting companies
- Organizations, associations, and alliances related to Artificial Meat
- Regulatory bodies
The objective of the Research
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Market Modelling
Market modelling starts with identifying a target market where historical data exists A Market can include prediction problems, economic factors, analysing of customer behaviour and identifying new patterns from past events, which helps our client to a have deep dive into the market.
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Product Analysis
Product analysis involves steps such as examining product features, costs, availability, quality and other aspects Product analysis is conducted to understand potential buyers and measure competition in the market.
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Market Trend and Economic Factors Analysis
This analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have major effect on the target market.
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Market Segmental Analysis
Segmental analysis defines in depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
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Geographical Mapping
Geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs, wants, and cultural characteristics that can be specifically targeted.
Recent Development
- In December 2020, Meat- Tech 3D, an Israel-based company engaged in developing methods for cultivated meat using 3D printing, acquired peach of meat for $17.80 million. Peace of meat developed a stem-cell bioreactor for cultivating fats from the chickens and ducks without harming the animals. Through this acquisition, Meat-Tech will leverage peace of Meat technologies, including new hybrid food products, to accelerate market entry as Meat-Tech develops industrial processes for farming and manufacturing.
- In December 2020, Eat JUST received government approval in Singapore for its GOOD meat cultured chicken product, a hybrid product created from plant proteins and cultured chicken cells, the first approval of a cultured meat product. Although Singapore is a relatively small-scale market, it represents a big step for the industry and could increase the approval process in bigger markets such as the EU, US and China.
- In 2018, Japanese meat producers Toriyama Chikusan Shokuhin and San Francisco-based teamed up with aquaculture meat. The main aim is to develop laboratory-grown wagyu products for Japanese beef cattle.
- Cargill’s food ingredients have invested in Aleph Farms of VisVires New Protein and have agreed with other investors to prototype and grow meat directly from meat cells using a 3D tissue engineering platform.
| Report Attribute | Details |
|---|---|
| Market Size Value in 2021 | USD 94.45 million |
| The revenue forecast in 2028 | USD 331.6 million |
| Growth Rate | CAGR of 17.5 % from 2022 to 2028. |
| Historical data | 2017 – 2020 |
| Forecast period | 2022 – 2028 |
| Region covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Key companies Profiled | The Companies include MosaMeat, Inc, Just SuperMeat, Aleph Farms Ltd, Finless Foods Inc, Integriculture, Balletic Foods, Future Meat Technologies Ltd, Avant Meats Company Limited, Higher Steaks, Appleton Meats, Fork & Goode, Biofood Systems LTD, Mission Barns, BlueNalu, Inc., Meatable, and Seafuture Sustainable Biotech are the key players. |
Market Modelling
By Product Type
- Sausages
- Beef
- Chicken
- Fish
- Others (Snacks, Pork, Seafood, Duck, etc.))
By Distribution Channel
- Retail Outlets
- Whole Sellers
- Online Stores
- Supermarket/Hypermarkets
By End-User
- Restaurants
- Households
- Others (Hotels, Canteens, etc.))
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Global Artificial Meat Market
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Supply Chain Analysis
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- Technological Landscape
- Competitors & Product Analysis
- Policy & Regulatory Framework
- Company market share analysis, 2018
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Global Artificial Meat Market Overview
- Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- By Volume (Tons)
- Supply/Production
- By Volume (Tons)
- Market Share & Forecast, 2016-2027
- By Product Types
- Sausages
- Beef
- Chicken
- Fish
- Others (Snacks, Pork, Seafood, Duck etc.)
- By Distribution Channel
- Retail Outlets
- Wholesalers
- Online Stores
- Supermarket/Hypermarkets
- By End-Users
- Restaurants
- Households
- Others (Hotels, Canteens, etc.)
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Product Types
- Demand
- Market Size & Forecast, 2016-2027
- North America Artificial Meat Market Overview
- North America Artificial Meat Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- By Volume (Tons)
- Supply/Production
- By Volume (Tons)
- North America Artificial Meat Market Share & Forecast, 2016-2027
- By Product Types (Sausages, Beef, Chicken, Fish and Others (Snacks, Pork, Seafood, Duck etc.))
- By Distribution Channel (Retail Outlets, Wholesalers, Online Stores and Supermarket/Hypermarkets)
- By End-User ((Restaurants, Households and Others (Hotels, Canteens, etc.))
- By Country
- US
- Canada
- Mexico
- By Price Point Analysis
- Company Market Share (Top 3-5)
- Manufacturer & Distributor List (Top 5)
- Economic Impact Study on North America Artificial Meat Market
- Demand
- North America Artificial Meat Market Size & Forecast, 2016-2027
- Europe Artificial Meat Market Overview
- Europe Artificial Meat Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- By Volume (Tons)
- Supply/Production
- By Volume (Tons)
- Europe Artificial Meat Market Share & Forecast, 2016-2027
- By Product Types (Sausages, Beef, Chicken, Fish and Others (Snacks, Pork, Seafood, Duck etc.))
- By Distribution Channel (Retail Outlets, Wholesalers, Online Stores and Supermarket/Hypermarkets)
- By End-User ((Restaurants, Households and Others (Hotels, Canteens, etc.))
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- By Price Point Analysis
- Company Market Share (Top 3-5)
- Manufacturer & Distributor List (Top 5)
- Economic Impact Study on Europe Artificial Meat Market
- Demand
- Europe Artificial Meat Market Size & Forecast, 2016-2027
- Asia Pacific Artificial Meat Market Overview
- Asia Pacific Artificial Meat Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- By Volume (Tons)
- Supply/Production
- By Volume (Tons)
- Asia Pacific Artificial Meat Market Share & Forecast, 2016-2027
- By Product Types (Sausages, Beef, Chicken, Fish and Others (Snacks, Pork, Seafood, Duck etc.))
- By Distribution Channel (Retail Outlets, Wholesalers, Online Stores and Supermarket/Hypermarkets)
- By End-User ((Restaurants, Households and Others (Hotels, Canteens, etc.))
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- By Price Point Analysis
- Company Market Share (Top 3-5)
- Manufacturer & Distributor List (Top 5)
- Economic Impact Study on Asia Pacific Artificial Meat Market
- Demand
- Asia Pacific Artificial Meat Market Size & Forecast, 2016-2027
- South America Artificial Meat Market Overview
- South America Artificial Meat Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- By Volume (Tons)
- Supply/Production
- By Volume (Tons)
- South America Artificial Meat Market Share & Forecast, 2016-2027
- By Product Types (Sausages, Beef, Chicken, Fish and Others (Snacks, Pork, Seafood, Duck etc.))
- By Distribution Channel (Retail Outlets, Wholesalers, Online Stores and Supermarket/Hypermarkets)
- By End-User ((Restaurants, Households and Others (Hotels, Canteens, etc.))
- By Country
- Brazil
- Argentina
- Rest of South America
- By Price Point Analysis
- Company Market Share (Top 3-5)
- Manufacturer & Distributor List (Top 5)
- Economic Impact Study on South America Artificial Meat Market
- Demand
- South America Artificial Meat Market Size & Forecast, 2016-2027
- Middle East & Africa Artificial Meat Market Overview
- Middle East & Africa Artificial Meat Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- By Volume (Tons)
- Supply/Production
- By Volume (Tons)
- Middle East & Africa Artificial Meat Market Share & Forecast, 2016-2027
- By Product Types (Sausages, Beef, Chicken, Fish and Others (Snacks, Pork, Seafood, Duck etc.))
- By Distribution Channel (Retail Outlets, Wholesalers, Online Stores and Supermarket/Hypermarkets)
- By End-User ((Restaurants, Households and Others (Hotels, Canteens, etc.))
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- By Price Point Analysis
- Company Market Share (Top 3-5)
- Manufacturer & Distributor List (Top 5)
- Economic Impact Study on Middle East & Africa Artificial Meat Market
- Demand
- Middle East & Africa Artificial Meat Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- Memphis Meats
- MosaMeat
- SuperMeat
- Just Inc
- Integriculture
- Aleph Farms Ltd
- Finless Foods Inc.
- Avant Meats Company Limited
- Balletic Foods
- Future Meat Technologies Ltd
- Appleton Meats
- Higher Steaks
- Other Prominent Players
Frequently Asked Questions (FAQ):
Artificial meat or cultured meat is meat produced by the vitro cultivation of animal cells. It is normally a lump of meat usually grown in cell culture rather than an animal’s body.
The scarcity of meat production is the main reason which affects the meat market. The rising income level of consumers and online stores reduces the production of cultured meat. By gaining meat from stores, people are shifted to packaged food.
There are some types of meat available in the market- Polarity, Beef, Seafood, Pork, Duck, Chicken, Fish, Sausages etc.
Artificial meat is not established on a large scale in the market currently. Cultured meat is a very new concept to the market and consumers, who consume meat regularly because it has grown in the labs, which creates a challenge to the meat market and consumers to rely on it.
North America is expected to have the largest share in the global artificial meat market.
The global artificial meat market was valued at USD 94.45 million, and it is expected to reach USD 331.6 million with a CAGR of 17.5 %during the forecast period of 2022-2028.
