Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global cultured
meat market makes an offering of in-depth analysis of segments and sub-segments
in the regional and international market. The research also emphasizes on the
impact of restraints, drivers, and macro indicators on the regional and global
cultured meat market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of the global market is
offered. In accordance with the report, the cultured meat market is projected
to expand at a CAGR of 16% over the period of forecast.
Market Insight, Drivers,
Restraints & Opportunity of the Market:
Cultured meat is
the meat produces by in vitro culture of animal cells instead of slaughtering
animals. It employs the same method of tissue engineering techniques used in
regenerative medicine. This is a form of cellular agriculture where meat is
grown ethically in laboratories.
Cellular
agriculture is on the rise as the world these days is becoming more aware about
animal welfare and environmental sustainability. In many places, consumers are
rethinking about replacing traditional animal meat with the more humane
culturally cultivated meat. This explains the rise in consumer preferences for
“mock meat” or artificially cultured meat. Usually during synthesis, these meats
are infused with necessary nutrients so that the consumer having the meat gets
the required nutrition. Also, meeting daily protein requirement is a hurdle for
many people who do not eat meat for ethical reasons, and this industry
eliminates that doubt. This is why the cultured meat industry is growing at
such a fast pace.
This process of
cultivating meat by multiplying animal cells in a lab requires thorough
professional knowledge and a lot of parameters to maintain such as lab hygiene,
suitable temperatures and humidity to state some. In short, this process is
extremely high maintenance which marks the reason for the steep price of the
end product. In developing countries,
many companies may not be able to fund for such an industry which requires such
extensive and intensive conditions to flourish, and bigger players may capture
international markets before local players even get their chance to grow.
Avant Meats is a
Hong Kong based company that produces safe, high quality sustainable fish meat without
sacrificing the ocean biodiversity. They make use of cell technology and
produce in clean and controlled conditions. As there are no fishes collected
from the sea, the question of marine pollution such as lead, plastic and heavy
metal entering the digestive tract while eating remains out of question.
Mission barns produces meat by isolating cells from pigs and producing them in
a warm cultivator which mimics the animal’s internal environment, and the
extraction of cells is usually done under anesthesia so that the animal doesn’t
experience any pain. The cells grow naturally, and nutrients are injected into
it. The proliferation goes on until a
trillion cells are achieved from a small sample. Mission Barns’ safe meat
contains no food borne contaminations, heavy metals or other pollutants, or
antibiotics. Considering these options of cultured meat being ethical,
healthier and more sustainable, it can be concluded safely that mock meat is
here to stay.
Segment Covered:
This market
intelligence report on the global meat culture market has segments based on source,
uses and country/regions.
In terms of source, the global cultured meat market is segregated into
§ Poultry
§ Seafood
§ Pork
§ Duck
§ Beef
By uses, the global cultured meat market is also classified into,
§ Nuggets
§ Hot dogs
§ Meatballs
§ Burgers
§ Others
By country/region, the global cultured meat market has
been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Avant Meat Company Limited
§ MosaMeat
§ SuperMeat
§ Higher Steaks
§ Biofood Systems
§ Mission Barns
§ Labfarm Foods
§ Seafuture Sustainable Biotech
§ Shiok Meats
§ Memphis Meats
§ Bluenalu
Other players
have been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as cultured meat market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that,
Growth Matrix analysis is also provided in the report so as to share insight of
the investment areas that new or existing market players can take into
consideration. Various analytical tools such as DRO analysis, Porter's five
forces analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
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This study
offers comprehensive yet detailed analysis of cultured meat market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
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This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, launch of new products, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the world of cultured meat
market is done by taking into account various
parameters such as company strategies, distribution strategies, product
portfolio, financial performance, key developments, geographical presence, and
company overview
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Leading
market players covered this report comprise names such as Memphis Meats, Kiran
Meats, Aleph Farms Ltd., Avant Meat Company Ltd, Mission Barns, Bluenalu, Shiok
Meats and many more.
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The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for meat culturing caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of
consulting and research firms, financial analysts, and new market entrants
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Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies has been taken into consideration before coming to
a conclusion.
Reasons to buy:
v
Identify opportunities
and plan strategies by having a strong understanding of the investment
opportunities in the cultured meat market
v
Identification
of key factors driving investment opportunities in the cultured meat market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants