Press Release

Clean Meat Market Is to Reach USD 77.81 Billion 2032, Growing at a rate of 16.3 % To Forecast 2024-2032


 


 

(EMAILWIRE.COM, July 13, 2024 ) Clean Meat Market Size Was Valued at 19.99 USD billion in 2023 and is Projected to Reach USD 77.81 billion by 2032, Growing at a CAGR of 16.3 % From 2024-2032.

Pune, 13 July 2024: Clean Meat Market was valued at USD 19.99 billion in 2023 and is expected to reach USD 77.81 billion by 2032, with a CAGR of 16.3 %.

Cultivated meat, or cell-based meat, is produced using a technique that is identical to animal meat at the cellular level, making it safer, more reliable, and sustainable. The Food and Agriculture Organization of the United Nations (FAO) predicts a 70% rise in animal meat consumption by the year, necessitating the expansion of the current livestock system. Technological advancements are needed to meet protein needs and meet the growing demand for alternative proteins. The cultured meat industry is experiencing significant growth due to environmental sustainability and stable meat supplies. The growing vegan demographic and animal welfare concerns are expected to drive the growth of cultured meat. While the market is in its infancy, research and development efforts are underway to enable large-scale production. Regulatory clearances and government support are crucial for gaining approval and facilitating the commercialization of cultivated meat.

Clean Meat Market Dynamics

Population growth is driving the clean meat market, enhancing animal welfare and safety. This growth is driven by demographic shifts and ethical and environmental concerns. Modern consumers prioritize meat without antibiotics, hormones, and foodborne illnesses. Cultured meat meets these preferences, and clean meat technology, utilizing cellular agriculture, reduces reliance on traditional methods, enhancing animal welfare and food safety.

Emerging Southeast Asian economies are experiencing a growing demand for clean meat due to high per capita meat consumption, substantial meat imports, and an expanding middle-class demographic. Cultured meat, a sustainable, locally sourced alternative, aligns with ethical and sustainable food preferences, enhancing food security and addressing environmental concerns. Clean meat producers can capitalize on this demand by expanding product ranges and exploring innovative formulations.

Clean Meat Market Regional Insights

North America is leading the cultured meat market due to its strong infrastructure, technological capabilities, favorable regulatory environment, and substantial investments from both the public and private sectors. This dominance is fueled by growing consumer interest in sustainability and ethical eating practices, with notable investments in cultured meat startups. North American consumers’ preference for plant-based protein options aligns with the sustainable attributes of cultured meat. Regulatory agencies in the region are open to fostering innovation in the food sector, creating a conducive environment for cultured meat companies to thrive.

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Clean Meat Market Segment Analysis

By Type:

Beef

Chicken

Pork

Seafood

Chicken, a globally popular meat, presents a significant opportunity in the meat market due to its widespread popularity and potential to meet the growing demand for animal protein. Traditional poultry farming raises environmental and ethical concerns. Chicken cultured meat production is simpler and cost-efficient, enabling easier scaling and cost competitiveness. Its diverse applications include nuggets, burgers, and sausages.

By End-use:

Burger

Nuggets

Sausages

Hot Dogs

Meatballs

By Distribution Channel:

Specialty Stores

Supermarkets & Hypermarkets

Online Retail

GLOBAL CLEAN MEAT MARKET BY REGION

NORTH AMERICA

USA

Canada

Mexico

EASTERN EUROPE

Russia

Bulgaria

The Czech Republic

Hungary

Poland

Romania

Rest of Eastern Europe

WESTERN EUROPE

Germany

United Kingdom

France

The Netherlands

Italy

Spain

Rest of Western Europe

ASIA PACIFIC

China

India

Japan

South Korea

Malaysia

Thailand

Vietnam

The Philippines

Australia

New-Zealand

Rest Of APAC

MIDDLE EAST & AFRICA

Turkey

Bahrain

Kuwait

Saudi Arabia

Qatar

UAE

Israel

South Africa

SOUTH AMERICA

Brazil

Argentina

Rest of South America

Clean Meat’s Key Competitors include:

Just Inc (US)

Biocraft, In (US)

Eat Just (Good Meat) (US)

Upside Foods (US)

Bluenalu (US)

Finless Foods (US)

Balletic Foods (US)

Appleton Meats (Canada)

Mosa Meat (Netherlands)

Multus Biotechnology (UK) and other major players.

Browse Sample Pages Of The Research Report

https://introspectivemarketresearch.com/request/16551

Key questions answered in the Clean Meat Market report are:

Which market segment dominated the Clean Meat market in 2023?

What are the current trends in the Clean Meat market?

What future industry applications and trends are emerging in the Canadian frozen Bakery market?

What growth strategies are companies adopting to expand their presence in the Clean Meat market?

Who are the leading companies in the Canadian frozen Bakery market, and what are their product portfolios?

What are the primary challenges that the Clean Meat market may face in the future?

Which region had the largest share of the Clean Meat market in 2023?

How is the regulatory environment influencing the Clean Meat market?

Key Offerings:

Market Size, Share, Size & Forecast by Different Segments | 2024−2032

Clean Meat Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Trend Analysis

Pestle Analysis

Porter’s Five Forces Analysis

Industry Value Chain Analysis

Ecosystem

Regulatory Landscape

Price Trend Analysis

Patent Analysis

Technology Evolution

Investment Pockets

Clean Meat Market Segmentation

Competitive Landscape – Profiles of selected key players in a strategic perspective

Competitive landscape – Competitive Benchmarking, Clean Meat Market Share by Manufacturer (2023), Industry BCG Matrix, Heat Map Analysis, Mergers & Acquisitions

Analyst Viewpoint and Conclusion

Introspective Market Research, a prominent Food and Beverage research firm, has released the following reports:

Cultured Meat Market: Cultured Meat Market Size Was Valued at USD 195.29 Billion in 2023 and is Projected to Reach USD 760.15 Billion by 2032, Growing at 16.3 % From 2024-2032.

Artificial Meat Market: Artificial Meat Products Market Size Was Valued at USD 4.38 Billion in 2023, and is Projected to Reach USD 6.41 Billion by 2032, Growing at a CAGR of 4.32% From 2024-2032.

About us:

Introspective Market Research Privet Limited (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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Chicago, Illinois

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Ph no: +1-773-382-1049



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