Cultured Meat Market Size & Share, by Meat Type (Poultry, Beef, Pork, Duck, Seafood); End Use (Burgers, Meatballs, Nuggets, Hot Dogs, Sausages) and By Application (Food Service Channels and Food Retail) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 2523
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Cultured Meat Market size was over USD 729.46 million in 2024 and is projected to reach USD 152.13 billion by 2037, growing at around 50.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cultured meat is assessed at USD 1.04 billion.

The global market is thriving on the back of increasing demand for food products, backed by the growing population worldwide. There is a rising need amongst individuals from around the globe to increase the production of food products to avoid the short fall in the total stock of food products that is required for consumption by the society. Moreover, rising consumption of meat and meat products around the world, followed by the increasing trade on meat products between nations worldwide are some of the factors anticipated to promote the growth of the global market. According to the statistics by the Food and Agricultural Organization (FAO) of the United Nations, meat exports around the world expanded by 6.8% to 36 million tonnes in the year 2019. The largest growth that was registered was for pig meat, followed by bovine and poultry meats.


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Cultured Meat Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Concern for the Slaughtering of Animals: The processing and commercial production of meat products from conventional sources possesses significant environmental costs. Increasing concern for such a cause has raised the need for the adoption of cultured meat, which are known to significantly reduce the environmental costs upon full-scale commercial production. Moreover, upon the adoption of cultured meats, it is also anticipated that the resource-intensive character of conventional meat production, too would be addressed. Cultured meat is produced and developed in a laboratory, under certain specific environment. The cell culture process provides clean meat and only requires sustenance of cultured cells rather than an entire organism.
  • Growing Demand for Alternative Protein Sources: Backed by the increasing population worldwide, there is an increasing need to develop alternative food sources that can help balance the total food stock available for consumption. With the advancements in tissue culture technology over the years, scientists and researchers have been able to develop cultured meat. Moreover, the manufacturing process of cultured meat provides the manufacturer greater control on manufacturing the exact quantity that is required for consumption in the end use applications. As a result, lab grown meat also significantly addresses the concern for reducing food wastage, as well as the environmental costs associated for procuring meat from conventional sources. Such factors are anticipated to drive the growth of the global cultured meat market.

Challenges

  • High production cost of cultured meat as well as lack of awareness for cultured meat, coupled with the unavailability of proper infrastructure for the production of such products and unavailability of skilled laborers for the manufacturing of cultured meat products are some of the factors anticipated to limit the growth of the global market.

Cultured Meat Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

50.8%

Base Year Market Size (2024)

USD 729.46 million

Forecast Year Market Size (2037)

USD 152.13 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Cultured Meat Market Segmentation

The market is segmented by meat type into poultry, beef, pork, duck, seafood and others. Out of these segments, the poultry segment is anticipated to hold the largest market share, backed by the increasing production and trade of poultry meat as compared to other meat products. According to the other statistics by the Food and Agricultural Organization (FAO) of the United Nations, production, import and export of poultry meat in the year 2019 constituted to 133575 thousand tonnes, 12518 thousand tonnes and 13880 thousand tonnes respectively. Moreover, poultry meat has several benefits associated with it as compared to other meat product types, such as, it is rich in omega-3 fatty acids and it do not contain trans fats. Presence of trans fats in meat is known to cause coronary heart diseases in humans.

Our in-depth analysis of the global market includes the following segments

By Meat Type

  • Poultry
  • Beef
  • Pork
  • Duck
  • Seafood
  • Others

By End Use

  • Burgers
  • Meatballs
  • Nuggets
  • Hot Dogs
  • Sausages
  • Others

By Application

  • Food Service Channels
  • Food Retail

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Cultured Meat Industry - Regional Synopsis

On the basis of regional analysis, the global cultured meat market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America industry is likely to dominate majority revenue share by 2036, propelled by increasing awareness for the concept of vegan food products, along with awareness for cultured meat and meat products among the individuals. Moreover, increasing demand for cultured meat from several food supply chains and restaurants of different size and shapes, are some of the factors anticipated to drive the growth of North America cultured meat market.

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Companies Dominating the Cultured Meat Landscape

    • Aleph Farms Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Mosa Meat BV
    • Eat JUST Inc.
    • Meatable
    • Memphis Meats
    • SuperMeat
    • Finless Foods Inc.
    • IntegriCulture Inc.
    • Avant Meats Company Limited
    • Balletic Foods

In the News

  • January 2020: Mosa Meat BV announced that it has come into a strategic partnership with Nutreco and Lowercarbon Capital to enhance their production in a large scale.

Author Credits:  Parul Atri


  • Report ID: 2523
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cultured meat is assessed at USD 1.04 billion.

Cultured Meat Market size was over USD 729.46 million in 2024 and is projected to reach USD 152.13 billion by 2037, growing at around 50.8% CAGR during the forecast period i.e., between 2025-2037.

North America industry is expected to hold largest revenue share by 2037, propelled by increasing awareness for the concept of vegan food products, along with awareness for lab-grown meat and meat products among the individuals.

The major players in the market are Aleph Farms Ltd., Mosa Meat BV, Eat JUST Inc., Meatable, Memphis Meats, SuperMeat, Finless Foods Inc., IntegriCulture Inc., Avant Meats Company Limited, Balletic Foods, and others.
Lab-Grown Meat Market Report Scope
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