USD 407 Mn, Clean Meat Market Share To Outstrip At CAGR Of 15.9% By 2028|Report By Introspective Market Research
Market Overview:
The Global Clean Meat market was estimated at USD 144.88 million in 2021 and is anticipated to reach USD 407 million by 2028, growing at a CAGR of 15.9%.
Clean meat, also known as lab-grown meat or cultured meat, is meat that is grown in cell culture rather than by slaughtering an animal’s body. Clean meat has recently gained a lot of attention due to the technology and safety procedures used to develop it, as well as the environmental and social benefits that come with the Clean Meat production industry. Although the industry is still in its early stages, consumers have shown a positive response to meat without slaughter, leading to an increase in the number of companies that are well-advanced in the industry.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
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Market Dynamics and Factors:
Growing technological advances in alternative proteins are driving a shift to sustainable food systems around the world. Meat substitutes and alternative proteins are gaining increasing attention around the world as the need to overcome meat shortages increase amid growing populations and environmental impacts. Environmental Sustainability Growing awareness of and interest in securing meat supplies is one of the factors responsible for the growth of the cultivated meat industry worldwide.
The growing vegan population and consumer attitudes toward animal welfare are factors expected to contribute to the growth of cultivated meat. Although the market is still in its infancy, research, and development for cultured meat production are underway. Key market players are focused on obtaining regulatory approval to market cultivated meat products. The increased federal funding toward cellular agriculture in developed countries such as the U.S. will provide opportunities for growth in demand for cultivated meat in the country.
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Top Key Players Covered In The Clean Meat Market:
- Mosa Meat(Netherlands)
- Memphis Meats (US)
- Meatable(Netherlands)
- Cargill (US)
- Just Inc. (US)
- Tyson Foods Inc. (US)
- SuperMeat (Israel)
- Higher Steaks (UK)
- Aleph Farms (Israel)
- BlueNalu Inc. (US) and Other Major Players
Clean Meat Market Report Highlight:
- By Type, the poultry segment is anticipated to lead the growth of the Clean Meat market in the forecasted timeframe. This is due to the growing popularity of poultry products in various quick service restaurants (QSRS), prompting manufacturers to develop innovative alternatives to meet future meet consumer demand. Encourage farmed poultry products are expected to be priced lower than other sources and will gain wide popularity around the world.
- By Application, the Food and Beverages segment is expected to have the highest share of the Clean Meat market over the projected period. The food and beverage services sector contributes a great deal to the profits in the kindness industry.
- By Distribution Channel, the supermarket’s segment is set to develop at the highest share during the forecasted timeframe. Meat from supermarkets is healthy because Bacterial contamination increases after being cut or ground, resulting in shorter shelf life. Fresh meat is typically kept in grocery stores for 10-14 days. Frozen meat, on the other hand, can be stored for up to a year.
- The North American region is expected to have the highest share of the Clean Meat market over the projected period. Organic food has gained a lot of popularity over the past decade in North American Countries, the meat production is directed to the high use of chemicals and antibiotics in livestock production in countries like the United leading to consumer health concerns.
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Key Industry Development:
In October 2022, Mosa Meat, a leader in the cultivated meat space that grows beef directly from animal cells, the company having its first cultivated hamburgers in 2013, has now announced the next step in the scale-up of the company’s cultivated beef production facilities by developing a new industrial production development center expanding 30,000 square feet. After demonstrating the beef cultivation process at a pilot scale, Mosa Meat is now ready for the next phase of expansion, housing industrial-size production lines and producing larger quantities of beef.
In September 2021, Nomad Food which Is UK based Frozen fish company joined forces with the U.S. seafood cell cultured business BlueNalu on a project, which is expected to lead to the introduction of the cell-based products in Europe.
Clean Meat Market Segmentation:
By Type
- Poultry
- Duck
- Pork
- Beef
- Seafood
By Application
- Food and Beverages
- Pet Food
By Distribution Channel
- Supermarkets
- Hypermarkets
- Specialty Stores
- Online Retail
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For This Report, Introspective Market Research Has Segmented The Clean Meat Market Based On Region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest Of Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
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Scope of the Report:
The latest research on the Clean Meat market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Clean Meat industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Clean Meat market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Table Of Content:
Chapter 1: Introduction
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Clean Meat Market by Type
Chapter 6: Clean Meat Market by Application
Chapter 7: Clean Meat Market by Distribution Channel
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Clean Meat Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Clean Meat Market Analysis, Insights and Forecast, 2016-2028
Chapter 11: Europe Clean Meat Market Analysis, Insights and Forecast, 2016-2028
To Be Continue….
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