The global cultured meat market is anticipated to grow at a considerable CAGR of 17.9% during the forecast period. According to the United Nations (UN), the food system is responsible for about a quarter of global greenhouse gas emissions, most of which is generated from animal agriculture. The transport required for agriculture emits both methane, carbon dioxide, clearing land and forests including for agriculture emits carbon dioxide. Cultivated meat production offers the opportunity to use the spare land for re-wilding habitats, which would naturally reduce emissions or for producing more food for people. Moreover, the automated process through which cultivated meat is produced, and the sterile environment of its manufacturing, will eliminate the use of antibiotics and greatly reduce the risk for pathogens, contaminants, and food-borne illnesses associated with concentrated and intensive animal farming.
Browse the full report description of “Cultured Meat Market Size, Share & Trends Analysis Report by Source (Poultry, Beef, Seafood, Pork, and Duck), and by End-Use (Household, and Food Services)Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/cultured-meat-market
Furthermore, with rising consumers’ interest in the environment and nutrition-rich food, food-tech companies have joined the race to invent meat alternatives. The growing startup and investment in companies related to cultured meat are anticipated to fill the demand for cultured meat in the market. For instance, in October 2021, Nutreco and Mosa Meat received $2 million under the European REACT-EU recovery assistance program to advance cellular agriculture and bring cultivated beef to the European Union market. The REACT-EU support was granted for R&D into lowering the costs of cell culture media, the most expensive step in the process of cultivating beef. The program will fund R&D to specifically address the ‘basal’ or base media in which the beef cells grow. By moving away from pharma-grade products and instead using feed- and food-grade byproducts from Nutreco’s supply chain, Mosa Meat predicts it can lower the costs of basal media substantially.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Source
o By End-Use
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape-Mosa Meat B.V., Upside Foods, Inc., Just, Inc., Integriculture Inc., Aleph Farms Ltd., Finless Foods Inc.,and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Cultured Meat Market Report Segment
By Source
By End-Use
Global Cultured Meat Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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