Lab-Grown Meat Market Analysis

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

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cultured meat is evaluated at USD 680.32 million.

Cultured Meat Market size was valued at USD 483.73 million in 2023 and is set to exceed USD 100.88 billion by 2036, expanding at over 50.8% CAGR during the forecast period i.e., between 2024-2036.

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 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 Analysis