培養肉市場 : 2034年までの世界予測

Report Overview

The cultured meat market projected to reach USD 0.2 billion in 2023 and USD 1.1 billion by 2034, at a CAGR of 16.5% from 2028 to 2034. The market for next five years since 2023 is projected to grow at 16.1%.  Growing ethical concerns surrounding the treatment and slaughter of animals in conventional agriculture have become a driving force behind the quest for alternative food sources. Consumers are increasingly concerned by the inhumane conditions, overcrowding, use of antibiotics, and the often stressful lives of animals raised for food.

This awareness has led to a surge in demand for cruelty-free and more compassionate choices in the realm of food production. Cultured meat, also known as lab-grown or clean meat, presents a compelling solution as it offers the prospect of satisfying the world’s appetite for meat while bypassing the need to raise and slaughter animals. This innovative approach resonates with consumers who seek products that align with their ethical values, creating a significant shift in the food industry and driving the advancement of alternative protein sources.

“Poultry in the by source segment is expected to be one of the fastest growing sub-segments in the market.”
The poultry segment is positioned for the swiftest growth in the cultured meat market, primarily due to the substantial reduction in antibiotics and disease risk. In traditional poultry farming, the overuse of antibiotics to promote growth and combat diseases has raised concerns about antibiotic resistance and the transmission of these resistant strains to humans. Cultured poultry, in contrast, can be produced in a controlled, sterile environment, significantly reducing the need for antibiotics. The absence of crowded and stressful conditions in poultry farms also mitigates the risk of diseases spreading among animals. This not only addresses pressing public health concerns but also appeals to consumers seeking safer, antibiotic-free meat options. As health and safety become paramount in food choices, the poultry segment in the cultured meat market is poised for rapid growth, driven by these critical factors.

US is projected to have the largest share during the forecast period.
US is a global leader in technological innovation and research, which provides a strong foundation for advancing the cultured meat industry. The country boasts a robust biotechnology and cellular agriculture sector, supported by world-renowned research institutions and startups dedicated to developing cultured meat. Furthermore, the US has a sizable and diverse consumer base, including health-conscious individuals, environmentally-aware consumers, and those seeking ethical and sustainable food choices. This broad market appeal positions the U.S. as a prime location for cultured meat adoption. The government’s supportive stance and regulatory frameworks for alternative protein sources, along with substantial investment from both public and private sectors, are propelling the industry forward. Additionally, the US has a history of embracing food innovations, making it a fertile ground for cultured meat to gain traction. All of these factors collectively establish US as a dominant player in the cultured meat market, projected to hold the largest market share.


The break-up of the profile of primary participants in the cultured meat market:
• By Company Type: Tier 1 – 30%, Tier 2 – 45%, and Tier 3 – 25%
• By Designation: CXOs – 25%, Managers – 50%, Executives-25%
• By Region: Asia Pacific – 40%, Europe – 25%, North America – 25%, and Rest of the World – 10%
Prominent companies include Mosa Meat (Netherlands), UPSIDE FOODS (US), JUST, Inc. (US), and Integriculture Inc. (Japan), and BioCraft, Inc (US), among others.

Research Coverage:
This research report classifies the cultured meat market based on various factors, including source (such as Poultry, Beef, Pork, Duck, and Seafood), end use (Nuggets, Burgers, Meatballs, Sausages, and Others), and regions (North America, Europe, Asia Pacific, South America, and Rest of the World). The report provides comprehensive insights into market dynamics, encompassing drivers, limitations, challenges, and opportunities that influence the growth of the cultured meat market. Additionally, it offers a thorough analysis of key industry players, their business profiles, solutions, services, strategies, contracts, partnerships, agreements, new product launches, mergers, acquisitions, and recent developments in the cultured meat market. The report also includes a competitive analysis of emerging startups within the cultured meat market ecosystem.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cultured meat market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (Increasing demand for alternative protein, focus on animal welfare), restraints (Stringent regulatory environment, high set up cost), opportunities (High per capita meat consumption and imports in emerging South eas Asian countries), and challenges (Skeptisim among consumers) influencing the growth of the cultured meat market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cultured meat market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the cultured meat market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cultured meat market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Mosa Meat (Netherlands), UPSIDE FOODS (US), JUST, Inc. (US), and Integriculture Inc. (Japan), and BioCraft, Inc (US) among others in the cultured meat market strategies. The report also helps stakeholders understand the cultured meat market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1            INTRODUCTION            34

1.1         STUDY OBJECTIVES      34

1.2         MARKET DEFINITION   34

1.3         STUDY SCOPE  35

FIGURE 1           MARKET SEGMENTATION         35

1.3.1      REGIONS COVERED      35

FIGURE 2           REGIONAL SEGMENTATION     35

1.4         INCLUSIONS & EXCLUSIONS     36

1.5         YEARS CONSIDERED     36

1.6         CURRENCY CONSIDERED          37

TABLE 1             USD EXCHANGE RATES CONSIDERED, 2019–2022            37

1.7         UNIT CONSIDERED       37

1.8         STAKEHOLDERS            38

1.9         SUMMARY OF CHANGES            38

1.9.1      RECESSION IMPACT      38

2            RESEARCH METHODOLOGY     39

2.1         RESEARCH DATA           39

FIGURE 3           CULTURED MEAT MARKET: RESEARCH DESIGN             39

2.1.1      SECONDARY DATA       40

2.1.1.1   Key data from secondary sources     40

2.1.2      PRIMARY DATA 40

2.1.2.1   Key data from primary sources         41

2.1.2.2   Breakdown of primaries     41

2.1.2.3   Key primary insights          42

2.2         MARKET SIZE ESTIMATION       42

2.2.1      APPROACH ONE: BOTTOM-UP (BASED ON SOURCE, BY REGION)              43

2.2.2      APPROACH TWO: TOP-DOWN (BASED ON GLOBAL MARKET)   43

2.3         DATA TRIANGULATION             44

FIGURE 4           DATA TRIANGULATION METHODOLOGY         44

2.4         STUDY ASSUMPTIONS  45

2.5         STUDY LIMITATIONS AND RISK ASSESSMENT   46

2.6         RECESSION IMPACT ANALYSIS 46

2.6.1      MACRO INDICATORS OF RECESSION    46

FIGURE 5           INDICATORS OF RECESSION     46

FIGURE 6           WORLD INFLATION RATE, 2011–2021     47

FIGURE 7           GLOBAL GROSS DOMESTIC PRODUCT, 2011–2021 (USD TRILLION)        48

FIGURE 8           RECESSION INDICATORS AND THEIR IMPACT ON CULTURED MEAT MARKET 49

3            EXECUTIVE SUMMARY 50

TABLE 2             CULTURED MEAT MARKET SNAPSHOT, 2028 VS. 2034 (NORMAL SCENARIO)   51

FIGURE 9           CULTURED MEAT MARKET SIZE, BY SOURCE (NORMAL SCENARIO),  2028 VS. 2034 (USD MILLION)        51

FIGURE 10         CULTURED MEAT MARKET SIZE, BY END USE (NORMAL SCENARIO),  2028 VS. 2034 (USD MILLION)        52

FIGURE 11         REGION-WISE CULTURED MEAT MARKET SHARE AND CAGR  (NORMAL SCENARIO), 2023       53

4            PREMIUM INSIGHTS      54

4.1         ATTRACTIVE GROWTH OPPORTUNITIES IN CULTURED MEAT MARKET            54

FIGURE 12         GROWING HEALTH CONCERNS RELATED TO TRADITIONAL MEAT AND SHORTFALL IN SUPPLY OF MEAT PRODUCTS TO DRIVE CULTURED MEAT MARKET GROWTH IN NORMAL SCENARIO   54

4.2         CULTURED MEAT MARKET, BY REGION, 2028 VS. 2034  (USD MILLION) (NORMAL SCENARIO)   55

FIGURE 13         NORTH AMERICA PROJECTED TO DOMINATE CULTURED MEAT MARKET  BY 2034            55

4.3         CULTURED MEAT MARKET, BY END USE, 2028 VS. 2034  (USD MILLION) (NORMAL SCENARIO)            55

FIGURE 14         NUGGETS SEGMENT TO DOMINATE MARKET DURING  FORECAST PERIOD       55

4.4         EUROPE: CULTURED MEAT MARKET, BY SOURCE,  2028 (NORMAL SCENARIO)       56

FIGURE 15         POULTRY SEGMENT PROJECTED TO DOMINATE MARKET BY 2028      56

4.5         CULTURED MEAT MARKET, BY KEY COUNTRY (NORMAL SCENARIO)              56

FIGURE 16         CANADA PROJECTED TO BE FASTEST-GROWING COUNTRY-LEVEL MARKET FOR CULTURED MEAT IN NORMAL SCENARIO 56

5            MARKET OVERVIEW     57

5.1         INTRODUCTION            57

5.2         MARKET DYNAMICS     58

FIGURE 17         CULTURED MEAT MARKET DYNAMICS 58

5.3         MACROECONOMIC INDICATORS           58

5.3.1      CULTURED MEAT TO BE RESILIENT AND SUSTAINABLE PROTEIN SOURCE             58

5.3.2      CRUCIAL ROLE OF INVESTMENT TRENDS IN CULTURED MEAT INNOVATION   59

5.3.3      DRIVERS            59

5.3.3.1   Increasing demand for alternative protein      59

5.3.3.2   Technological advancements in cellular agriculture      59

5.3.3.3   Enhanced food safety         60

5.3.3.4   Investments by key industry giants   60

5.3.3.5   Environmental sustainability           61

5.3.3.6   Focus on animal welfare    61

5.3.3.7   Health benefits offered by cultured meat        61

5.3.4      RESTRAINTS     62

5.3.4.1   Stringent regulatory environment    62

5.3.4.2   High setup cost    62

5.3.5      OPPORTUNITIES           62

5.3.5.1   High per capita meat consumption and imports in emerging Southeast Asian economies           62

FIGURE 18         PROJECTED PER CAPITA POULTRY CONSUMPTION IN SOUTHEAST  ASIAN COUNTRIES, 2021–2029     63

5.3.6      CHALLENGES   63

5.3.6.1   Skepticism among consumers          63

TABLE 3             SURVEY CONDUCTED ON “ATTITUDES TO IN VITRO MEAT: A SURVEY OF POTENTIAL CONSUMERS IN THE UNITED STATES” 64

5.3.6.2   Increased demand for plant-based protein     64

6            INDUSTRY TRENDS       65

6.1         INTRODUCTION            65

6.2         VALUE CHAIN ANALYSIS            65

FIGURE 19         CULTURED MEAT MARKET: VALUE CHAIN ANALYSIS   65

6.2.1      CELL SOURCING            66

6.2.2      CELL CULTIVATION     66

6.2.3      CELL DIFFERENTIATION           66

6.2.4      TISSUE STRUCTURING 66

6.2.5      POST-PRODUCTION PROCESSING        66

6.2.6      QUALITY CONTROL      66

6.2.7      PACKAGING & DISTRIBUTION  66

6.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 66

FIGURE 20         REVENUE SHIFT FOR CULTURED MEAT MARKET           67

6.4         TARIFF AND REGULATORY LANDSCAPE            67

TABLE 4             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         67

TABLE 5             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         68

TABLE 6             ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      68

6.5         REGULATORY FRAMEWORK     69

6.5.1      NORTH AMERICA          69

6.5.1.1   US         69

6.5.1.2   Canada  70

6.5.2      EUROPE             71

6.5.3      ASIA PACIFIC    72

6.6         PATENT ANALYSIS        73

FIGURE 21         NUMBER OF PATENTS GRANTED FOR CULTURED MEAT IN GLOBAL MARKET, 2013–2022     73

FIGURE 22         REGIONAL ANALYSIS OF PATENTS GRANTED IN CULTURED MEAT MARKET 74

TABLE 7             LIST OF MAJOR PATENTS PERTAINING TO CULTURED MEAT MARKET, 2013–2022       74

6.7         TRADE ANALYSIS          75

TABLE 8             IMPORT VALUE OF CULTURED MEAT FOR KEY COUNTRIES, 2022 (USD THOUSAND) 75

TABLE 9             EXPORT VALUE OF CULTURED MEAT FOR KEY COUNTRIES, 2022 (USD THOUSAND) 76

6.8         PRICING ANALYSIS        76

6.8.1      INDICATIVE AVERAGE SELLING PRICE TREND ANALYSIS           76

TABLE 10           NUGGETS: GLOBAL CULTURED MEAT MARKET, BY REGION, 2020–2022 (USD PER KG)             76

TABLE 11           BURGERS: GLOBAL CULTURED MEAT MARKET, BY REGION, 2020–2022 (USD PER KG)             77

TABLE 12           MEATBALLS: GLOBAL CULTURED MEAT MARKET, BY REGION, 2020–2022 (USD PER KG)             77

6.9         CULTURED MEAT MARKET: ECOSYSTEM MARKET MAP             77

6.9.1      DEMAND SIDE  77

6.9.2      SUPPLY SIDE    78

FIGURE 23         CULTURED MEAT: MARKET MAP           78

TABLE 13           CULTURED MEAT MARKET: ECOSYSTEM           79

6.10       TECHNOLOGY ANALYSIS           80

6.10.1    SCAFFOLDING TECHNOLOGY  80

6.10.2    3D BIOPRINTING           80

6.11       CASE STUDIES  81

6.11.1    REVOLUTIONIZING CELL CULTURE WITH ETHICAL AND FBS-FREE SOLUTIONS      81

6.12       PORTER’S FIVE FORCES ANALYSIS         81

TABLE 14           CULTURED MEAT MARKET: PORTER’S FIVE FORCES ANALYSIS              81

6.12.1    INTENSITY OF COMPETITIVE RIVALRY 82

6.12.2    BARGAINING POWER OF SUPPLIERS     82

6.12.3    BARGAINING POWER OF BUYERS           82

6.12.4    THREAT OF SUBSTITUTES         82

6.12.5    THREAT OF NEW ENTRANTS    83

6.13       KEY STAKEHOLDERS AND BUYING CRITERIA    83

6.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         83

6.13.2    KEY STAKEHOLDERS AND BUYING CRITERIA    83

FIGURE 24         INFLUENCE OF STAKEHOLDERS ON BUYING CULTURED MEAT FOR DIFFERENT END USES          83

TABLE 15           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR CULTURED MEAT,  BY END USE (%)     83

6.13.3    BUYING CRITERIA         84

TABLE 16           KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR      84

FIGURE 25         KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS  84

6.14       KEY CONFERENCES AND EVENTS, 2023–2024     85

TABLE 17           KEY CONFERENCES AND EVENTS IN CULTURED MEAT MARKET, 2023–2024       85

7            CULTURED MEAT MARKET, BY SOURCE             86

7.1         INTRODUCTION            87

FIGURE 26         CULTURED MEAT MARKET SIZE IN OPTIMISTIC SCENARIO, BY SOURCE,  2028 VS. 2034 (USD MILLION)             87

FIGURE 27         CULTURED MEAT MARKET SIZE IN NORMAL SCENARIO, BY SOURCE,  2028 VS. 2034 (USD MILLION)             88

FIGURE 28         CULTURED MEAT MARKET SIZE IN PESSIMISTIC SCENARIO, BY SOURCE,  2028 VS. 2034 (USD MILLION)             88

TABLE 18           CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY SOURCE,  2023–2034 (USD MILLION)    89

TABLE 19           CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY SOURCE, 2023–2034 (TONS)       89

TABLE 20           CULTURED MEAT MARKET IN NORMAL SCENARIO, BY SOURCE,  2023–2034 (USD MILLION)    89

TABLE 21           CULTURED MEAT MARKET IN NORMAL SCENARIO, BY SOURCE, 2023–2034 (TONS)       90

TABLE 22           CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY SOURCE,  2023–2034 (USD MILLION)    90

TABLE 23           CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY SOURCE, 2023–2034 (TONS)       90

7.2         POULTRY          91

7.2.1      HIGH DEMAND FROM QUICK-SERVICE RESTAURANTS TO DRIVE  DEMAND FOR CULTURED POULTRY MEAT PRODUCTS 91

TABLE 24           CULTURED POULTRY MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       92

TABLE 25           CULTURED POULTRY MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       92

TABLE 26           CULTURED POULTRY MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)             92

TABLE 27           CULTURED POULTRY MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS) 93

TABLE 28           CULTURED POULTRY MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       93

TABLE 29           CULTURED POULTRY MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION, 2023–2034 (TONS)          93

7.3         PORK    94

7.3.1      CULTURED PORK MARKET TO THRIVE AMID GLOBAL DEMAND SURGE AND SUSTAINABILITY CONCERNS          94

TABLE 30           CULTURED PORK MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)             94

TABLE 31           CULTURED PORK MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS) 95

TABLE 32           CULTURED PORK MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)     95

TABLE 33           CULTURED PORK MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS)     95

TABLE 34           CULTURED PORK MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)             96

TABLE 35           CULTURED PORK MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS) 96

7.4         BEEF     96

7.4.1      RISING DEMAND FOR SUSTAINABLE & ETHICAL PROTEIN TO DRIVE CULTURED BEEF MARKET GROWTH     96

TABLE 36           CULTURED BEEF MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)             97

TABLE 37           CULTURED BEEF MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS) 97

TABLE 38           CULTURED BEEF MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)     98

TABLE 39           CULTURED BEEF MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS)     98

TABLE 40           CULTURED BEEF MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)             98

TABLE 41           CULTURED BEEF MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS) 99

7.5         SEAFOOD          99

7.5.1      RISING CONSUMPTION OF FISH MAW TO CONTRIBUTE TO CULTURED MEAT MARKET GROWTH   99

TABLE 42           CULTURED SEAFOOD MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       100

TABLE 43           CULTURED SEAFOOD MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       100

TABLE 44           CULTURED SEAFOOD MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)             100

TABLE 45           CULTURED SEAFOOD MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS) 101

TABLE 46           CULTURED SEAFOOD MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       101

TABLE 47           CULTURED SEAFOOD MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       101

7.6         DUCK   102

7.6.1      HIGH AVAILABILITY OF DUCK MEAT IN SUPERMARKETS TO DRIVE GROWTH          102

TABLE 48           CULTURED DUCK MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)             102

TABLE 49           CULTURED DUCK MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS) 102

TABLE 50           CULTURED DUCK MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)     103

TABLE 51           CULTURED DUCK MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS)     103

TABLE 52           CULTURED DUCK MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)             103

TABLE 53           CULTURED DUCK MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS) 104

8            CULTURED MEAT MARKET, BY END USE            105

8.1         INTRODUCTION            106

FIGURE 29         CULTURED MEAT MARKET SIZE IN NORMAL SCENARIO, BY END USE,  2028 VS. 2034 (USD MILLION)            107

FIGURE 30         CULTURED MEAT MARKET SIZE IN OPTIMISTIC SCENARIO, BY END USE,  2028 VS. 2034 (USD MILLION)            107

FIGURE 31         CULTURED MEAT MARKET SIZE IN PESSIMISTIC SCENARIO, BY END USE,  2028 VS. 2034 (USD MILLION)            108

TABLE 54           CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY END USE,  2023–2034 (USD MILLION)            108

TABLE 55           CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY END USE,  2023–2034 (T0NS) 109

TABLE 56           CULTURED MEAT MARKET IN NORMAL SCENARIO, BY END USE,  2023–2034 (USD MILLION)            109

TABLE 57           CULTURED MEAT MARKET IN NORMAL SCENARIO, BY END USE, 2023–2034 (TONS) 110

TABLE 58           CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY END USE,  2023–2034 (USD MILLION)            110

TABLE 59           CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY END USE,  2023–2034 (TONS)             111

8.2         NUGGETS         111

8.2.1      COST-EFFICIENCY AND REGULATORY ACCEPTANCE TO DRIVE MARKET GROWTH        111

TABLE 60           NUGGETS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       112

TABLE 61           NUGGETS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       112

TABLE 62           NUGGETS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)             112

TABLE 63           NUGGETS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS) 113

TABLE 64           NUGGETS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       113

TABLE 65           NUGGETS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       113

8.3         BURGERS           114

8.3.1      INNOVATIONS AND SCALING EFFORTS TO DRIVE MARKET GROWTH              114

TABLE 66           BURGERS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       114

TABLE 67           BURGERS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       115

TABLE 68           BURGERS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)             115

TABLE 69           BURGERS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS) 115

TABLE 70           BURGERS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       116

TABLE 71           BURGERS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       116

8.4         MEATBALLS     117

8.4.1      COMBINATION OF ENVIRONMENTAL AWARENESS, TECHNOLOGICAL PROGRESS, AND CULINARY VERSATILITY TO PROPEL MARKET GROWTH              117

TABLE 72           MEATBALLS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       117

TABLE 73           MEATBALLS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       118

TABLE 74           MEATBALLS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)       118

TABLE 75           MEATBALLS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS)       118

TABLE 76           MEATBALLS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       119

TABLE 77           MEATBALLS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       119

8.5         SAUSAGES         119

8.5.1      INCREASED DEMAND FOR CLEAN MEAT PRODUCTS TO DRIVE MARKET GROWTH        119

TABLE 78           SAUSAGES: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       120

TABLE 79           SAUSAGES: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       120

TABLE 80           SAUSAGES: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)             121

TABLE 81           SAUSAGES: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS) 121

TABLE 82           SAUSAGES: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       121

TABLE 83           SAUSAGES: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY REGION, 2023–2034 (TONS)       122

8.6         HOT DOGS        122

8.6.1      CULTURED HOT DOG MARKET TO GROW AMID GLOBAL MEAT DEMAND AND SUSTAINABILITY CONCERNS     122

TABLE 84           HOT DOGS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       123

TABLE 85           HOT DOGS: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       123

TABLE 86          HOT DOGS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)             123

TABLE 87          HOT DOGS: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS) 124

TABLE 88           HOT DOGS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (USD MILLION)       124

TABLE 89           HOT DOGS: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION,  2023–2034 (TONS)       124

8.7         OTHER END USES          125

TABLE 90           OTHER END USES: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION, 2023–2034 (USD MILLION)         125

TABLE 91           OTHER END USES: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY REGION, 2023–2034 (TONS)          125

TABLE 92           OTHER END USES: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (USD MILLION)       126

TABLE 93           OTHER END USES: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY REGION,  2023–2034 (TONS)       126

TABLE 94           OTHER END USES: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION, 2023–2034 (USD MILLION)         126

TABLE 95           OTHER END USES: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY REGION, 2023–2034 (TONS)          127

9            CULTURED MEAT MARKET, BY REGION             128

9.1         INTRODUCTION            129

FIGURE 32         CANADA TO DOMINATE CULTURED MEAT MARKET AND RECORD HIGHEST CAGR DURING FORECAST PERIOD (NORMAL SCENARIO)              129

TABLE 96           OPTIMISTIC SCENARIO: CULTURED MEAT MARKET, BY REGION,  2023–2034 (USD MILLION)     130

TABLE 97           OPTIMISTIC SCENARIO: CULTURED MEAT MARKET, BY REGION, 2023–2034 (TONS)        130

TABLE 98           NORMAL SCENARIO: CULTURED MEAT MARKET, BY REGION, 2023–2034 (USD MILLION)          130

TABLE 99           NORMAL SCENARIO: CULTURED MEAT MARKET, BY REGION, 2023–2034 (TONS)          131

TABLE 100         PESSIMISTIC SCENARIO: CULTURED MEAT MARKET, BY REGION,  2023–2034 (USD MILLION)     131

TABLE 101         PESSIMISTIC SCENARIO: CULTURED MEAT MARKET, BY REGION, 2023–2034 (TONS)        131

9.2         NORTH AMERICA          132

FIGURE 33         NORTH AMERICA: CULTURED MEAT MARKET SNAPSHOT (NORMAL SCENARIO)   132

TABLE 102         NORTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY COUNTRY, 2023–2034 (USD MILLION)     133

TABLE 103         NORTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY COUNTRY, 2023–2034 (TONS)      133

TABLE 104         NORTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY COUNTRY,  2023–2034 (USD MILLION)   133

TABLE 105         NORTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY COUNTRY, 2023–2034 (TONS)   134

TABLE 106         NORTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)   134

TABLE 107         NORTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY COUNTRY, 2023–2034 (TONS)      134

TABLE 108         NORTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY SOURCE, 2023–2034 (USD MILLION)         135

TABLE 109         NORTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY SOURCE, 2023–2034 (TONS)         135

TABLE 110         NORTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY SOURCE,  2023–2034 (USD MILLION)      135

TABLE 111         NORTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (TONS)       136

TABLE 112         NORTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)      136

TABLE 113         NORTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY SOURCE, 2023–2034 (TONS)         136

TABLE 114         NORTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY END USE, 2023–2034 (USD MILLION)        137

TABLE 115         NORTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY END USE, 2023–2034 (TONS)        137

TABLE 116         NORTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY END USE,  2023–2034 (USD MILLION)     137

TABLE 117         NORTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (TONS)      138

TABLE 118         NORTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     138

TABLE 119         NORTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      138

9.2.1      NORTH AMERICA: RECESSION IMPACT 139

9.2.2      US         139

9.2.2.1   Rising US meat consumption to spark demand for cultured meat             139

9.2.3      CANADA            140

9.2.3.1   Canada’s meat export strength to drive cultured meat evolution 140

9.2.4      MEXICO             140

9.2.4.1   Mexico’s cultured meat pioneers to drive market growth            140

9.3         EUROPE             141

TABLE 120         EUROPE: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY COUNTRY,  2023–2034 (USD MILLION)   142

TABLE 121         EUROPE: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY COUNTRY,  2023–2034 (TONS)   142

TABLE 122         EUROPE: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY COUNTRY,  2023–2034 (USD MILLION)         142

TABLE 123         EUROPE: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY COUNTRY,  2023–2034 (TONS)          143

TABLE 124         EUROPE: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY COUNTRY,  2023–2034 (USD MILLION)   143

TABLE 125         EUROPE: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY COUNTRY,  2023–2034 (TONS)   143

TABLE 126         EUROPE: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)      144

TABLE 127         EUROPE: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)       144

TABLE 128         EUROPE: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION) 144

TABLE 129         EUROPE: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (TONS)  145

TABLE 130         EUROPE: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)      145

TABLE 131         EUROPE: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)       145

TABLE 132         EUROPE: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     146

TABLE 133         EUROPE: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      146

TABLE 134         EUROPE: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (USD MILLION) 146

TABLE 135         EUROPE: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (TONS) 147

TABLE 136         EUROPE: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     147

TABLE 137         EUROPE: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      147

9.3.1      EUROPE: RECESSION IMPACT   148

9.3.2      GERMANY         148

9.3.2.1   High acceptance of cultured meat in Germany to drive market growth     148

9.3.3      UK         149

9.3.3.1   UK to be prominent hub for cellular agriculture, thereby driving market growth              149

9.3.4      NETHERLANDS 149

9.3.4.1   Increased presence of cultured meat manufacturers and research centers to facilitate market growth     149

9.3.5      FRANCE             150

9.3.5.1   Unsupportive regulatory environment expected to hinder market growth 150

9.3.6      SPAIN   150

9.3.6.1   Strategic developments undertaken by market players to drive growth     150

9.3.7      ITALY   151

9.3.7.1   Governmental ban on cultured meat to restrict market growth   151

9.3.8      REST OF EUROPE           151

9.4         ASIA PACIFIC    151

TABLE 138         ASIA PACIFIC: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY COUNTRY,  2023–2034 (USD MILLION)   152

TABLE 139         ASIA PACIFIC: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY COUNTRY,  2023–2034 (TONS)   152

TABLE 140         ASIA PACIFIC: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY COUNTRY,  2023–2034 (USD MILLION)   153

TABLE 141         ASIA PACIFIC: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY COUNTRY,  2023–2034 (TONS)   153

TABLE 142         ASIA PACIFIC: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)   154

TABLE 143         ASIA PACIFIC: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (TONS)   154

TABLE 144         ASIA PACIFIC: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)      154

TABLE 145         ASIA PACIFIC: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)       155

TABLE 146         ASIA PACIFIC: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)      155

TABLE 147         ASIA PACIFIC: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (TONS)       155

TABLE 148         ASIA PACIFIC: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)      156

TABLE 149         ASIA PACIFIC: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)       156

TABLE 150         ASIA PACIFIC: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     156

TABLE 151         ASIA PACIFIC: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      157

TABLE 152         ASIA PACIFIC: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     157

TABLE 153         ASIA PACIFIC: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (TONS)      158

TABLE 154         ASIA PACIFIC: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     158

TABLE 155         ASIA PACIFIC: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      158

9.4.1      ASIA PACIFIC: RECESSION IMPACT        159

9.4.2      CHINA  159

9.4.2.1   Substantial investments and governmental support to propel market growth              159

9.4.3      JAPAN  160

9.4.3.1   Increasing protein-rich diet to facilitate market growth 160

9.4.4      SINGAPORE      161

9.4.4.1   Increasing acceptance among consumers and governmental approval to drive market growth     161

9.4.5      INDIA   161

9.4.5.1   Increased environmental threats owing to upsurge in meat consumption to facilitate market growth     161

9.4.6      AUSTRALIA & NEW ZEALAND   162

9.4.6.1   Environmental awareness to fuel demand for cultured meat in Australia  162

9.4.7      REST OF ASIA PACIFIC  162

9.5         SOUTH AMERICA           163

TABLE 156         SOUTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)   163

TABLE 157         SOUTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (TONS)   163

TABLE 158         SOUTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)   163

TABLE 159         SOUTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY COUNTRY, 2023–2034 (TONS)   164

TABLE 160         SOUTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)   164

TABLE 161         SOUTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (TONS)   164

TABLE 162         SOUTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO, BY SOURCE, 2023–2034 (USD MILLION)         165

TABLE 163         SOUTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)       165

TABLE 164         SOUTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO, BY SOURCE,  2023–2034 (USD MILLION)      165

TABLE 165         SOUTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (TONS)       166

TABLE 166         SOUTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO, BY SOURCE, 2023–2034 (USD MILLION)         166

TABLE 167         SOUTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)       166

TABLE 168         SOUTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     167

TABLE 169         SOUTH AMERICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      167

TABLE 170         SOUTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     167

TABLE 171         SOUTH AMERICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (TONS)      168

TABLE 172         SOUTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)     168

TABLE 173         SOUTH AMERICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)      168

9.5.1      SOUTH AMERICA: RECESSION IMPACT 169

9.5.2      BRAZIL 169

9.5.2.1   Brazil’s established meat industry to drive market growth          169

9.5.3      REST OF SOUTH AMERICA         170

9.6         MIDDLE EAST & AFRICA             170

TABLE 174         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)        171

TABLE 175         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (TONS)        171

TABLE 176         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION) 171

TABLE 177         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY COUNTRY, 2023–2034 (TONS) 171

TABLE 178         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (USD MILLION)       172

TABLE 179         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY COUNTRY, 2023–2034 (TONS)        172

TABLE 180         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)           172

TABLE 181         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)            173

TABLE 182         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)   173

TABLE 183         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY SOURCE, 2023–2034 (TONS)    173

TABLE 184         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (USD MILLION)           174

TABLE 185         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY SOURCE, 2023–2034 (TONS)           174

TABLE 186         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)          174

TABLE 187         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN OPTIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)           175

TABLE 188         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (USD MILLION)  175

TABLE 189         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN NORMAL SCENARIO,  BY END USE, 2023–2034 (TONS)   175

TABLE 190         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (USD MILLION)          176

TABLE 191         MIDDLE EAST & AFRICA: CULTURED MEAT MARKET IN PESSIMISTIC SCENARIO,  BY END USE, 2023–2034 (TONS)          176

9.6.1      MIDDLE EAST & AFRICA: RECESSION IMPACT   176

9.6.2      UAE      177

9.6.2.1   Gradual developments in cultured meat sector to drive market growth     177

9.6.3      REST OF MIDDLE EAST & AFRICA           177

10          COMPETITIVE LANDSCAPE       178

10.1       OVERVIEW        178

10.2       MARKET SHARE ANALYSIS, 2022             178

TABLE 192         CULTURED MEAT MARKET: DEGREE OF COMPETITION (COMPETITIVE)             179

10.3       STRATEGIES ADOPTED BY KEY PLAYERS           179

TABLE 193         STRATEGIES ADOPTED BY KEY PLAYERS IN CULTURED MEAT MARKET            179

10.4       REVENUE ANALYSIS      181

10.5       GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS   181

FIGURE 34         CULTURED MEAT MARKET: GLOBAL SNAPSHOT OF KEY PARTICIPANTS, 2022     181

10.6       COMPANY EVALUATION MATRIX          182

10.6.1    STARS  182

10.6.2    EMERGING LEADERS    182

10.6.3    PERVASIVE PLAYERS     182

10.6.4    PARTICIPANTS 182

FIGURE 35         CULTURED MEAT MARKET: COMPANY EVALUATION MATRIX, 2022      183

10.7       COMPANY FOOTPRINT 184

TABLE 194         COMPANY FOOTPRINT, BY SOURCE      184

TABLE 195         COMPANY FOOTPRINT, BY REGION      185

TABLE 196         OVERALL COMPANY FOOTPRINT          186

10.8       STARTUP/SME EVALUATION MATRIX   187

10.8.1    PROGRESSIVE COMPANIES       187

10.8.2    RESPONSIVE COMPANIES          187

10.8.3    DYNAMIC COMPANIES 187

10.8.4    STARTING BLOCKS       187

FIGURE 36         CULTURED MEAT MARKET: STARTUP/SME EVALUATION MATRIX, 2022    188

10.8.5    COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         189

TABLE 197         CULTURED MEAT MARKET: DETAILED LIST OF KEY STARTUPS/SMES           189

TABLE 198         CULTURED MEAT MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES     190

10.9       COMPETITIVE SCENARIO          191

10.9.1    DEALS  191

TABLE 199         CULTURED MEAT MARKET: DEALS, 2019–2023  191

10.9.2    OTHERS             196

TABLE 200         CULTURED MEAT MARKET: OTHERS, 2019–2023             196

11          COMPANY PROFILES    198

(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *

11.1       MAJOR PLAYERS            198

11.1.1    MOSA MEAT     198

TABLE 201         MOSA MEAT: BUSINESS OVERVIEW       198

TABLE 202         MOSA MEAT: DEALS     199

TABLE 203         MOSA MEAT: OTHERS  199

11.1.2    UPSIDE FOODS 201

TABLE 204         UPSIDE FOODS: BUSINESS OVERVIEW  201

TABLE 205         UPSIDE FOODS: DEALS 202

TABLE 206         UPSIDE FOODS: OTHERS           202

11.1.3    EAT JUST, INC.  204

TABLE 207         EAT JUST, INC.: BUSINESS OVERVIEW   204

TABLE 208         EAT JUST, INC.: DEALS 204

11.1.4    INTEGRICULTURE INC. 207

TABLE 209         INTEGRICULTURE INC.: BUSINESS OVERVIEW  207

TABLE 210         INTEGRICULTURE INC.: DEALS 207

11.1.5    MEWERY           209

TABLE 211         MEWERY: BUSINESS OVERVIEW 209

11.1.6    BIOCRAFT, INC.              211

TABLE 212         BIOCRAFT, INC.: BUSINESS OVERVIEW 211

11.1.7    FINLESS FOODS, INC.    212

TABLE 213         FINLESS FOODS, INC.: BUSINESS OVERVIEW      212

TABLE 214         FINLESS FOODS, INC.: DEALS    212

11.1.8    AVANT MEATS 214

TABLE 215         AVANT MEATS: BUSINESS OVERVIEW   214

TABLE 216         AVANT MEATS: DEALS 214

TABLE 217         AVANT MEATS: OTHERS            215

11.1.9    BLUENALU       216

TABLE 218         BLUENALU: BUSINESS OVERVIEW          216

TABLE 219         BLUENALU: DEALS        216

TABLE 220         BLUENALU: OTHERS    217

11.1.10  FORK & GOOD  219

TABLE 221         FORK & GOOD: BUSINESS OVERVIEW   219

11.1.11  MISSION BARNS             220

TABLE 222         MISSION BARNS: BUSINESS OVERVIEW 220

TABLE 223         MISSION BARNS: DEALS             220

11.1.12  CUBIQ FOODS  222

TABLE 224         CUBIQ FOODS: BUSINESS OVERVIEW    222

11.1.13  IVY FARM TECHNOLOGIES LIMITED     223

TABLE 225         IVY FARM TECHNOLOGIES LIMITED: BUSINESS OVERVIEW              223

11.1.14  MEATABLE       224

TABLE 226         MEATABLE: BUSINESS OVERVIEW          224

11.2       STARTUPS/SMES/OTHER PLAYERS        225

11.2.1    BIOTECH FOODS           225

TABLE 227         BIOTECH FOODS: BUSINESS OVERVIEW             225

11.2.2    O MEAT             225

TABLE 228         O MEAT: BUSINESS OVERVIEW 225

11.2.3    BIOBQ  226

TABLE 229         BIOBQ: BUSINESS OVERVIEW    226

11.2.4    PEARLITA FOODS          226

TABLE 230         PEARLITA FOODS: BUSINESS OVERVIEW            226

11.2.5    WILDBIO           227

TABLE 231         WILDBIO: BUSINESS OVERVIEW             227

11.2.6    GOURMEY         227

TABLE 232         GOURMEY: BUSINESS OVERVIEW           227

11.2.7    PEACE OF MEAT            228

TABLE 233         PEACE OF MEAT: BUSINESS OVERVIEW 228

11.2.8    WILD TYPE       228

11.2.9    LABFARM          229

11.2.10  SHIOK MEATS PTE LTD 229

11.2.11  CLEARMEAT     230

11.2.12  EAT JUST, INC.  230

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12          ADJACENT AND RELATED MARKETS     231

12.1       INTRODUCTION            231

12.2       LIMITATIONS   231

12.3       MEAT SUBSTITUTES MARKET  231

12.3.1    MARKET DEFINITION   231

12.3.2    MARKET OVERVIEW     232

TABLE 234         MEAT SUBSTITUTES MARKET, BY SOURCE, 2017–2020 (USD MILLION)          232

TABLE 235         MEAT SUBSTITUTES MARKET, BY SOURCE, 2021–2027 (USD MILLION)          232

TABLE 236         MEAT SUBSTITUTES MARKET, BY SOURCE, 2017–2020 (KT)              233

TABLE 237         MEAT SUBSTITUTES MARKET, BY SOURCE, 2021–2027 (KT)              233

12.4       PLANT-BASED MEAT MARKET  233

12.4.1    MARKET DEFINITION   233

12.4.2    MARKET OVERVIEW     233

TABLE 238         PLANT-BASED MEAT MARKET, BY SOURCE, 2019–2021 (USD MILLION)          234

TABLE 239         PLANT-BASED MEAT MARKET, BY SOURCE, 2022–2027 (USD MILLION)          234

TABLE 240         PLANT-BASED MEAT MARKET, BY SOURCE, 2019–2021 (TONS)              235

TABLE 241         PLANT-BASED MEAT MARKET, BY SOURCE, 2022–2027 (TONS)              235

13          APPENDIX         236

13.1       DISCUSSION GUIDE      236

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             239

13.3       CUSTOMIZATION OPTIONS      241

13.4       RELATED REPORTS       242

13.5       AUTHOR DETAILS         243