Artificial Meat Market Report 2031 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights

The artificial meat market is expected to register a CAGR of 5% during 2023–2031. Focus on taste and texture to make the market more consumer-customized is likely to remain a key trend in the market.

Artificial Meat Market Analysis:

• Wider application of artificial meat in hotels, restaurants, cafes, and households and increasing demand for meat-based ready-to-eat convenience foods such as nuggets, sausage, burgers, meatballs, hotdogs, etc., of meat consumers are some of the major driving factors of the artificial meat market.
• Growing philanthropy of consumers towards animal welfare and innovations made in cellular agriculture and tissue engineering are some other key factors that will lead to the growth of artificial meat.
• On the other hand, consumers dislike chemically grown meat, which will create some regulatory obstacles for the introduction of organic foods and can hamper the growth of the synthetic meat market.
• However gradually growing food processing industry and tissue engineering industry have opened the doors of opportunities for the players in the artificial meat market.

Artificial Meat Market Overview

• Artificial meat can be defined as meat produced by in vitro cell culture of animal cells as opposed to from slaughtered livestock and is considered a form of cellular agriculture.
• Artificial meat is produced using many of the same tissue engineering techniques used in traditional regenerative medicine.
• Artificial meat has several prospective health, ecological, cultural, and economic considerations compared to standard meat.
• A key growth factor in this global market will be an increase in global demand for meat substitutes and alternative protein sources.
• Increased environmental awareness, currently accompanied by escalating health concerns, are driving the demand for artificial meat.

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Artificial Meat Market: Strategic Insights

Artificial Meat Market

• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Market Dynamics

GROWTH DRIVERS

• Changing Customer Preference and Rising Health Consciousness

FUTURE TRENDS

• Lab-Grown Meat Poised to Disrupt Traditional Animal Agriculture, Offering Sustainable Protein Alternatives

OPPORTUNITIES

• Focus on taste and texture to make the market more consumer-customized

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product Type

• Poultry
• Pork
• Beef
• Duck

Application

• Nuggets
• Sausages
• Burgers
• Meatballs
• Hot dogs

End User

• Hotels
• Restaurants and Cafes
• Households

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Artificial Meat Market Drivers and Opportunities

Changing Customer Preference and Rising Health Consciousness

• Rising awareness about the nutritional value of the consumer’s diet is one of the important factors influencing the growth of the artificial meat market.
• Growing awareness of the health effects of eating animal protein-based products has forced consumers to seek meat-free alternatives.
• These products are found to reduce the fat content and have no cholesterol, which becomes the major advancement of artificial meat over their natural counterparts.
• Furthermore, livestock farming, which is believed to have played a considerable role in climate change along with being one of the major reasons for foodborne infections, leads environmentally friendly consumers to shift their food pattern towards artificial meat, which is considered to be much more environmentally friendly.
• The consumers’ shift in their food tastes, along with the evolution of food technology, which has improved the authenticity of the taste and texture of artificial meat, might have fuelled the market growth and brought innovative products to the market.

Lab-Grown Meat Poised to Disrupt Traditional Animal Agriculture, Offering Sustainable Protein Alternatives

• The emergence of lab-grown meat presents a significant opportunity for the Artificial Meat Market.
• As consumers become increasingly conscious of environmental and ethical concerns associated with traditional animal agriculture, lab-grown meat offers a compelling alternative.
• This technology promises to deliver protein-rich products with a substantially reduced environmental footprint, addressing issues such as greenhouse gas emissions, land use, and water consumption.
• Moreover, lab-grown meat can potentially eliminate animal welfare concerns, appealing to ethical consumers.
• With ongoing advancements in production techniques and scaling capabilities, the industry is poised to achieve cost parity with conventional meat, making it an attractive option for both consumers and food manufacturers.
• As regulatory frameworks evolve and public acceptance grows, lab-grown meat stands to capture a significant share of the global protein market, disrupting traditional supply chains and offering new avenues for innovation in the food industry.

Artificial Meat Market Report Segmentation Analysis

The scope of the global artificial meat market is segmented on the basis of product type, application, and end user.

• Based on product type, the artificial meat market is segmented into poultry, pork, beef, duck, and others.
• On the basis of application, the market is categorized into nuggets, sausages, burgers, meatballs, and hot dogs.
• Based on end user, the market is segmented into hotels, restaurants and cafes, households, and others.

Artificial Meat Market Share Analysis by Geography

• Artificial Meat Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering artificial meat market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the artificial meat market in these regions.

Artificial Meat Market Market Report Scope

Artificial Meat Market News and Recent Developments:

The artificial meat market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

• Sydney-based Vow company launched cultivated meat, 'Quailia', under the 'Forged Parfait' brand. The first product, a subspecies of Japanese quail, offers a rich umami flavor with a weightless, melt-in-your-mouth quality. Vow will debut the delicacy at the exclusive Mandala Club on April 12 and roll it out to more high-end restaurants in Singapore in the coming months. (Source: Vow Co, Newsletter, Apr 2024)

Artificial Meat Market Report Coverage and Deliverables

The “Artificial Meat Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:

• Artificial meat market size and forecast at global, regional and country levels for all the key market segments covered under the scope
• Artificial meat market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Artificial meat market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the artificial meat market
• Detailed company profiles