LOONDON, Dec. 16, 2023 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the cultured meat market, meat made from 3D printed cells is gaining popularity among meat production companies to create precise digitally printed structures. 3D printed cultured meat has evolved in recent months to develop 3D printed hybrid cells and plant-based meats. In 2020, MeatTech, an Israel-based farmed meat company, successfully 3D printed a beef fat structure grown with bovine fat cells and edible bio-bonds. 3D printed cultured meat technology offers many benefits to meat consumers that include preserving texture, taste, and nutritional properties of animal meat products by reducing environmental impact.
In December 2020, Meat-Tech 3D, an Israel-based company engaged in developing methods for cultivated meat using 3D printing acquired Peach of Meat for $17.80 million. Peace of Meat developed a stem-cell bioreactor for cultivating fats from the chickens and ducks without harming the animals. Through this acquisition, Meat-Tech will leverage Peace of Meat technologies including new hybrid food products to accelerate market entry as Meat-Tech develops industrial processes for farming and manufacturing.
Major players in the cultured meat market are Memphis Meats, MosaMeat, SuperMeat, Integriculture Inc., Aleph Farms, Finless Foods, Mission Barns, Lab Farm Foods, Future Meat Technologies, Avant Meats Company, Biofood Systems, Meatable, Redefine Meat, Vow Foods, and Modern Meadow.
Huge end-of-the-year sale with discounts on ALL market research reports at The Business Research Company! Grab your deal now.
The global cultured meat market size is expected to grow from $110.09 million in 2020 to $127.67 million in 2023 at a compound annual growth rate (CAGR) of 16%. The growth of the cultured meat market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cultured meat market is expected to reach $275.59 million in 2025 at a CAGR of 21.2%.
North America was the largest region in the cultured meat market in 2020. The regions covered in the cultured meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Business Research Company’s report titled Cultured Meat Global Market Report 2023 – By Type (Poultry, Beef, Seafood, Pork, Duck), By Application (Nuggets, Sausages, Burgers, Hot Dogs, Meatballs), By Distribution Channel (Hypermarkets, Food And Drink Specialty Stores, Convenience Stores, Online Retail), By End-User (Household, Food Services), COVID-19 Growth And Change covers major cultured meat companies, cultured meat market share by company, cultured meat manufacturers, cultured meat market size, and cultured meat market forecasts. The report also covers the global cultured meat market and its segments.
Request for a sample of the global cultured meat market report
The cultured meat market consists of sales of lab-grown meat products by entities (organization, partnerships, and sole traders) that produce meat created in culture using different tissue of animals and bio-engineered techniques. Cultured meat is also known as clean meat or in vitro meat and acts as a healthier alternative to conventional animal meat. The cultured meat is grown in a laboratory using animal stem cells or also called building block cells. These cells are soaked in liquid containing nutrients to help them duplicate and then transferred to the bioreactor, where the meat is grown.
The main types of cultured meat are poultry, beef, seafood, pork, duck. Poultry is a type that raises the birds for commercial purposes eggs, feathers, others. The meat cells are procured from the poultry and grown in the lab for cultured meat. The cultured meat is used by household or food services for cooking nuggets, sausages, burgers, hot dogs, meatballs, others. The cultured meat is distributed through hypermarkets, food and drink specialty stores, convenience stores, online retail, and others.
Cultured Meat Global Market Report 2023 – COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provide cultured meat market overviews, cultured meat market analyze and forecast market size and growth for the whole market, cultured meat market segments and geographies, cultured meat market trends, cultured meat market drivers, cultured meat market restraints, cultured meat market leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports By The Business Research Company:
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
The World’s Most Comprehensive Database
The Business Research Company’s flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
