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Sonal Phulambrikar posted an update in the group Fats & Oil – News
4 months ago
#CulturedMeat : 𝐀 𝐓𝐚𝐬𝐭𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 | 𝐇𝐞𝐚𝐥𝐭𝐡 & 𝐒𝐚𝐟𝐞𝐭𝐲 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬 𝐡𝐚𝐯𝐞 𝐒𝐩𝐮𝐫𝐫𝐞𝐝 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭’𝐬 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧
𝐆𝐞𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=204524444
The #CulturedMeat revolution isn’t just a vision for tomorrow; it’s sizzling on our plates today. Rooted in sustainability, innovation, and culinary creativity, cultured meat is reshaping our approach to food.
The cultured meat market is poised to grow at a remarkable CAGR of 16.5% from 2028 to 2034, projected to reach $1.1 billion by 2034, up from an estimated $0.2 billion in 2023. Since 2023, the market has seen a projected 16.1% CAGR over the next five years.
Moreover, government support, including grants, research funding, and streamlined regulatory pathways, is crucial for the sector’s development and expansion.
The #poultry segment is expected to experience the highest Compound Annual Growth Rate (CAGR) within the cultured meat market.
#Nuggets currently dominate the cultured meat sector in terms of market share. The growth of the nuggets segment is driven by culinary innovation and product diversity.
The United States is poised to capture the largest market share in 2023.
As the market continues its expansion, it’s more than just a passing trend; it’s a glimpse into a future we can all enjoy.
Major Players:
Mosa Meat (Netherlands)
UPSIDE FOODS (US)
JUST, Inc. (US)
Integriculture Inc. (Japan)
BioCraft, Inc (US)
marketsandmarkets.com
Download PDF Brochure - Cultured Meat Market Size, Share and Forecast, 2034
Download PDF Brochure - Cultured Meat Market Size, Share and Forecast, 2034