The global cultured meat market could reach $1.99 billion by 2035

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According to a new market research report by Meticulous Research The cultured meat market is projected to reach US$1.99 billion by 2035, at a CAGR of 21.4% from 2025 to 2035.

According to studies, laboratory-grown meat is one of the most sustainable and climate-friendly alternatives to conventional meat production, which requires 7-45% less energy, 78-96% less greenhouse gas emissions, 99% less land and 82-96% less water. The growth of this global market is being supported by the increasing focus on animal welfare, increasing demand for animal-based processed foods and increasing demand for allergen-free foods.

However, the high demand for plant-based proteins and the growing vegan population are expected to limit the growth of this market to some extent in the near future.

More investment in cultured meat

In recent years, the global livestock industry has come under scrutiny for the magnitude of its environmental, ethical and human health impacts.

Today, the benefits of cultured meat over conventional meat products, such as lower greenhouse gas emissions, higher nutritional value and slaughter-free production, have sparked consumer interest in cultured meat products. According to the Good Food Institute, around 80% of people in the US and UK are interested in lab-grown meat. Also, with the increasing demand for lab-grown meat, meat product manufacturers are investing heavily in research and development of cultured meat.

Companies across the food value chain, from farm to retail, are also investing in the laboratory meat industry. Some companies are hedging against falling demand for animal products by investing in companies that produce cultured alternatives.

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Investments and Segments

Market participants have received investment or funding from several prominent individuals, financial investors and corporations over the past few years. In 2020, the laboratory meat industry shrank due to the outbreak of the COVID-19 pandemic, but in 2021, the industry’s investor base grew by 62% to 458 individual investors and the total investment capital raised reached US$1,930.0 million. Most of the investment (more than a third of global investment) in laboratory meat is concentrated in Israel.

  • Market segments: The global cultured meat market is segmented into beef, poultry, pork, seafood and other types of lab-grown meat. In 2025, the beef segment is projected to have the largest share of the lab-grown meat market. The large market share of this segment is mainly due to the popularity of beef products in the hospitality industry.
  • Distribution channels: The global cultured meat market is segmented into business-to-business and business-to-consumer. By 2025, the business-to-business segment is projected to account for the largest share of the cultured meat market.
  • Product categories: The global cultured meat market is segmented into nuggets, burger patties, patties, steaks, hot dogs and sausages, and other product categories. By 2025, the nuggets segment is expected to account for the largest share of the farmed meat market. The large market share of this segment is due to the increasing penetration of mobile lifestyle, growing demand for snacking products and increasing demand for frozen products.
  • Leading Region: In 2025, North America is projected to have the largest share of the lab-grown meat market. The growth trend of this market is attributed to the growing awareness of the importance of high-protein diets, increasing technological advances and new product innovations in the F&B industry, fast-growing economy, strong demand for meat and meat products, as well as the increasing number of flexitarians.

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