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Meticulous Research® Releases Comprehensive Report on the Lab-Grown Meat Market: Global Forecast to 2035

09-12-2024 04:57 PM CET | Food & Beverage

Press release from: Meticulous Research®

Meticulous Research®, a globally recognized leader in market research and analysis, has recently published its latest report titled "Lab-grown Meat Market by Type (Beef, Poultry, Pork, Seafood), Distribution Channel (Business-to-Business, Business-to-Consumer), Application (Nuggets, Burger Patties, Meatballs, Steak, Hot Dogs & Sausages), and Geography-Global Forecast to 2035."

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According to the report, the global lab-grown meat market is expected to reach an estimated valuation of $1.99 billion by 2035, growing at a compound annual growth rate (CAGR) of 21.4% from 2025 to 2035. This growth trajectory is driven by a convergence of factors including cutting-edge advancements in lab-grown meat production, increasing venture capital investments, heightened consumer focus on animal welfare, and a rising demand for allergen-free foods. Additionally, the surge in demand for animal-based processed food products further propels market expansion.

However, the report identifies several barriers to growth. These include the increasing preference for plant-based protein alternatives, regulatory uncertainties surrounding lab-grown meat, psychological reluctance to accept lab-grown meat, and the expanding vegan population. Nonetheless, opportunities remain robust, particularly with the growing interest in alternative proteins and an increase in per capita meat consumption. Key trends influencing the market include the rising popularity of clean eating and sustainable food choices, although high production costs continue to challenge scalability.

Market Segmentation and Key Insights
The lab-grown meat market is thoroughly segmented by type, distribution channel, application, and geography, providing an in-depth analysis of both global and regional market dynamics.

Browse in Depth: https://www.meticulousresearch.com/product/lab-grown-meat-market-5293

• By Type: The report breaks down the market into beef, poultry, pork, seafood, and other lab-grown meat types. By 2025, beef is projected to hold the largest market share, driven by its widespread appeal in quick-service restaurants and its relatively lower price point compared to other cultured meat products. The beef segment is also expected to record the highest CAGR during the forecast period, buoyed by increasing consumer awareness of high-protein diets and a preference for beef over other meats due to health concerns linked to poultry and pork.

• By Distribution Channel: The market is further segmented into business-to-business (B2B) and business-to-consumer (B2C). The B2B segment is anticipated to dominate the market in 2025, bolstered by growing demand for lab-grown meat in the foodservice industry and approvals for restaurant sales of cultured meat in select countries. The rising interest of quick-service restaurants (QSRs) in lab-grown meat is a key factor behind the segment's rapid expansion, with the B2B channel expected to exhibit the highest growth rate during the forecast period.

• By Application: Lab-grown meat applications span across a variety of products, including nuggets, burger patties, meatballs, steak, and hot dogs & sausages. Among these, nuggets are expected to account for the largest market share in 2025, driven by the increasing prevalence of on-the-go lifestyles and the rising demand for convenient, frozen meat products. The burger patties segment, however, is poised to register the highest CAGR during the forecast period, fueled by the growing popularity of hamburgers, particularly in North America, and the increasing consumer preference for high-protein, eco-friendly alternatives to traditional burgers.

Regional Outlook
Geographically, North America is expected to lead the global lab-grown meat market in 2025, accounting for the largest share of overall market revenue. This dominance is attributed to several factors, including the growing demand for convenient food options, rising disposable incomes, and increasing meat consumption. Moreover, the North American market is benefiting from strong government support, rapid development in the food retail sector, and a rise in innovations and research & development activities, making the region a hub for cultured meat advancements. The presence of key market players in the U.S., coupled with strategic initiatives to attract a larger consumer base, is further expected to accelerate market growth.

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Competitive Landscape
The lab-grown meat market is characterized by a mix of established players and innovative start-ups, all striving to capitalize on the growing demand for sustainable and ethical meat alternatives. Leading companies operating in this market include Aleph Farms Ltd. (Israel), Avant Meats Company Limited (China), Ants Innovate Pte Ltd (Singapore), BlueNalu, Inc. (U.S.), ClearMeat (India), Finless Foods, Inc. (U.S.), Future Meat Technologies Ltd. (Israel), Higher Steaks (U.K.), Lab Farm Foods, Inc. (U.S.), Meatable B.V. (Netherlands), Mosa Meat B.V. (Netherlands), MIRAI FOODS AG (Switzerland), Shiok Meats Pte Ltd (Singapore), SUPERMEAT THE ESSENCE OF MEAT LTD (Israel), Upside Foods, Inc. (U.S.), and Orbillion Bio, Inc. (U.S.). These key players are heavily investing in research, partnerships, and product development to enhance scalability, reduce production costs, and meet the evolving needs of consumers.

Related Reports:
Vegan Meat Market - https://www.meticulousresearch.com/product/vegan-meat-market-5945
Meat Market - https://www.meticulousresearch.com/product/meat-market-5261
Meat Processing Equipment Market - https://www.meticulousresearch.com/product/meat-processing-equipment-market-5760
Meat Substitute Market - https://www.meticulousresearch.com/product/meat-substitute-market-4969
Meat-based FPP Market - https://www.meticulousresearch.com/product/meat-based-fpp-market-5268

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email-
sales@meticulousresearch.com
Visit Our Website:
https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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