The Global Cultured Meat Market was valued at USD 94.5 Mn in 2020, and is expected to reach USD 323.7 Mn by 2027, with a growing CAGR of 19.2% during the forecast period.

Rising meat consumption, increased demand for alternative proteins by food processors, a focus on environmental sustainability, and technical developments in cellular agriculture are likely to fuel the cultured meat market. Globally, the growing demand and supply imbalance for meat has prompted a focus on alternate meat sources. Increased investment in the worldwide cultured meat industry has come from the market's strong growth potential and expectation of high profit realisation. Thus, increased investments in research is anticipated to drive the cultured meat market growth.

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Global Cultured meat Market by Region Outlook (Revenue, USD Million, 2021-2027)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
The Global Cultured Meat Industry Segmentation:

Global Cultured meat Market by Type (Revenue, USD Million, 2021-2027)

Red Meat
Poultry
Sea food
Global Cultured meat Market by End-user (Revenue, USD Million, 2021-2027)

Household
Food Services
Key Findings:

Based on type, the red meat segment held the largest market share in 2020
Based on application, food services segment held the largest market share during the forecast period.
Based on regions, the Asia-Pacific is anticipated to hold the largest market share during the forecast period.
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Company Profiles and Competitive Intelligence

The key players operating in the market are:

Mission Barns
Redefine Meat Ltd
Aleph Farms Ltd
Cubiq Foods S.L
Future Meat Technologies
Meatable B.V
Eat Just Inc
Upside Foods (Formerly Memphis Meats)
Mosa Meat BV
Vow Group Pty Ltd
Balletic Foods
FORK & GOODE
New Age Meats
Bio Foods
Shiok Meats
Balletic Foods
FORK & GOODE
New Age Meats
Bio Foods
Shiok Meats
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Recent News:

In February 2021, Future Meat Technologies secured $26.75 million in investment from key partners to support the company's expansion in the cultured meat market.
In February 2021, Mosa Meat has announced the third and final round of Series B financing. This third-round investment of $10 million brings the total amount received in the round to $85 million. The Series B fundraising round is led by Luxembourg-based Blue Horizon Ventures.
In July 2020, Redefine Meat debuted its first industrially 3D printed plant-based product, "Alt-Steak," which was created using its proprietary AM technique.
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