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.
Growth Drivers
Challenges
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 |
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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 |
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By End Use |
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By Application |
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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.
Author Credits: Parul Atri
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