The global Artificial Meatmarket predicted to grow with a noteworthy rate during the forecast period
2019-2027, owing to a surge in income levels across developing countries,
reduction in land for much-needed crops, and stability for climate change. The
global lab-grown meat or artificial meat market will bolster by the growth in
demand for credible alternatives to traditional meat and a significant
reduction in greenhouse gases, land use, and water use. The artificial meat is
also known as lab-grown meat, cultured meat, vitro meat, and synthetic meat.
Additionally, these lab-made meats are cell-based and produce less carbon
dioxide and will help to fight anti-microbial resistance and food adulteration.
Moreover, the augmentation
in demand for artificial meat in developing countries for prepared food &
frozen meats, alternative snacks, and protein-rich products will boost the
global lab-grown meat or artificial meat market in the expected year. Lab-grown
products are pork, chicken, turkey, fish, milk, egg whites, gelatin, and even
leather. According to the United Nations, traditional farming and traditional
meat production consume a considerable amount of land and water per calories
and damaging the greenhouse environment through burning fossil fuels. For
minimizing these losses and balancing sustainable developments would be better
alternatives to protein-rich products in developing and developed
countries.
Further, the increasing
focus towards animal welfare across the globe and the massive growth in
cellular agriculture will accelerate the global lab-made meat or artificial
meat market soon. Additionally, increasing awareness for animal welfare,
antibiotic resistance, and the environment across the globe, along with new
regulatory support in the animal welfare is estimated to foster the global
artificial meat market in the projected period.
Product Type Overview in
the Artificial Meat Market
Based on Product Type, theglobal Artificial Meat Market categorized into Sausages, Beef, Chicken, and
Fish. Chicken Products expected to dominate the global Artificial Meat owing to
the rise in the urban population coupled with the increase in demand for
protein-rich food products. Beef segment
expected to grow by changing consumers' preferences for ready-to-eat food
products.
Distribution Channel Overview
in the Artificial Meat Market
Based on the Distribution
Channel, the Global Artificial Meat market classified into Retail Outlets,
Wholesalers, Online Stores, and supermarkets/Hypermarkets.
Supermarket/Hypermarkets projected to generate maximum revenue due to the easy
availability of various types of meat products. Online Store segment will
foster by the increasing internet penetration along with changing consumer
preferences for healthy food products.
Regional Insights Overview
in the Artificial Meat Market
Based on the region, the
Global Artificial Meat Market segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. North America anticipated
generating maximum revenue in the global Artificial Meat owing to high spending
on food products along with increasing health awareness regarding the benefits
of meat products. The European market will boom by the rising awareness of
animal welfare and the growing demand for protein-rich food products.
Global Artificial Meat Market:
Competitive Landscape
The Companies such
as Memphis Meats, MosaMeat, SuperMeat, Just Inc, Integriculture, Aleph Farms
Ltd, Finless Foods Inc., Avant Meats Company Limited, Balletic Foods, Future
Meat Technologies Ltd, Appleton Meats and Higher Steaks (UK), are the key
players in the global Artificial Meat Market.
About Us:
Shingetsu Research and
Consulting Pvt. Ltd. is a research, advisory, and analytics company. We have a
specialized team of consultants catering to a wide range of verticals which
include Consumer Goods & Retail, Healthcare, ICT, Chemical, BFSI, and many
others. In a very short span of time, we have expanded beyond the basic
services to advanced research services such as Financial Modelling, Supply
& Demand Analysis, Pricing Analysis, Competitive Analysis, and various
other services which not only facilitates the senior executives across
industries but giants who have established names in different industry
verticals. Through our indispensable business insights, we are able to help our
clients to achieve the mission-critical tasks which facilitates them to build
the organizations of tomorrow.
https://www.shingetsuresearch.com/global-artificial-meat-market-report/
Visit for more information https://www.shingetsuresearch.com