Artificial Meat Market by Product and Geography - Forecast and Analysis 2021-2025

The artificial meat market share is expected to increase by USD 137.42 million from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 15.50%.

This artificial meat market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (beef, pork and lamb, and poultry) and geography (North America, Europe, APAC, MEA, and South America). The artificial meat market report also offers information on several market vendors, including Aleph Farms Ltd., Future Meat Technologies, Higher Steaks , IntegriCulture Inc., Meatable BV, Merck KGaA, Mission Barns, Mosa Meat BV, Simply Foods, and Upside Foods Inc. among others.

What will the Artificial Meat Market Size be in 2021?

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Artificial Meat Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing prominence of cellular agriculture is notably driving the artificial meat market growth, although factors such as high cost associated with the production of cultured meat may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artificial meat industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This artificial meat market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Artificial Meat Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Aleph Farms Ltd. 
• Future Meat Technologies 
• Higher Steaks 
• IntegriCulture Inc.
• Meatable BV
• Merck KGaA
• Mission Barns 
• Mosa Meat BV
• Simply Foods
• Upside Foods Inc.

This statistical study of the artificial meat market encompasses successful business strategies deployed by the key vendors. The artificial meat market is fragmented and the vendors are deploying growth strategies such as promoting their product offerings through a clear and unique value proposition to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The artificial meat market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Artificial Meat Market?

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48% of the market's growth will originate from North America during the forecast period. The US is a key market for artificial meat in North America. Market growth in this region will be faster than the growth of the market in APAC.

The growing awareness about the harmful effects of conventional meat production will facilitate the artificial meat market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Artificial Meat Market?

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The artificial meat market share growth by the beef segment will be significant during the forecast period. Cultured beef is produced by harvesting muscle cells from a living cow. These cells are nurtured in laboratories and multiplied into a large number of muscle tissues. The growing inclination of consumers toward sustainable food options is expected to drive the demand for cultured beef. Though cultured beef is not yet commercialized, the segment is witnessing significant investments. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial meat market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Factors Covered in this Artificial Meat Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive artificial meat market growth during the next five years
• Precise estimation of the artificial meat market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the artificial meat industry across North America, Europe, APAC, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of artificial meat market vendors

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