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Lab Grown Meat Market By Type (Beef, Pork, Poultry, Seafood, Others) By Application (Meatballs, Burger Patties, Hot Dogs & Sausages, Nuggets, Other Applications) By (Distribution Channel, Business-to-Business, Business-to-Consumer) – Growth, Future Prospects & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 7880 | Report Format : PDF

About this report

The Lab Grown Meat market report explores the critical analysis of the industry using key parameters. The report consists of investment strategies, the need for investments in the Lab Grown Meat market industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Lab Grown Meat market industry, as well as how economic and non-economic barriers are helping the Lab Grown Meat market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter’s five forces analysis, PESTEL analysis, value chain analysis, etc.

Lab Grown Meat Market

Key Highlights of the report

How are the major segments performing in the Lab Grown Meat Market?

  • In 2021, the Poultry segment dominated the lab-grown meat market’s largest share due to the popularity of poultry products in various quick services of restaurants and the lowest price of lab-grown meat than other types.
  • In 2021, meatballs will be the leading segment of the Lab Grown Meat market. It captured the largest market share due to increasing sales of ready cook foods and high demand for convenience food.
  • In 2021, the Business-to-Business segment in Distribution Channel led the market due to the increasing number of fast-food restaurants and high demand for ready-to-eat food.

Which Region dominated the Lab Grown Meat Market?

In 2021 North America dominated the highest market share in the Lab Grown Meat market. The largest market share is due to the increasing adoption of the on-the-go lifestyle, consumption of snacking products, and increasing number of flexitarians. North America has seen growth and is expected to provide several opportunities to the Lab Grown Meat market. In North America, the growth is attributed to the increasing consumption of convenience food products. Modern technology in the United States gives a growth opportunity to this sector, and they are the largest market for Lab-Grown Meat in North America. Furthermore, the health concerns about the consumption of meat products and the investor interest in alternative proteins of lab-grown meat market growth in this Region.

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What is the competitive environment of the Lab Grown Meat Market?

The competitive environment of the lab-grown meat industry provides information on the total economic profit made by suppliers and businesses, the sales and revenues generated in this sector, the global lab-grown meat market share, the business organization overview, the introduction of new products, and the opportunities for the lab-grown meat market. For instance, in February 2019, Several Israeli startups joined a handful of companies worldwide to manufacture lab-grown meat, which they view as a solution to the world’s ever-growing population and expanding food needs.

Executive Summary

What are all the developments being developed in the Lab Grown Meat Market?

Development for lab-grown meat is worldwide due to the increasing food requirement. An increasing population is driving the expansion of the global lab-grown meat market to fulfill the food requirement. For instance, in December 2018, Aleph Farms Ltd. in Israel created the world’s first cell-grown minute steak. The appearance, shape, and feel of beef cuts provide the whole meat experience. The slaughter-free steak from Aleph Farms requires no grass, water, feed, antibiotics, or other resources to produce cattle for meat.

Which are the key investments by the players in the Lab Grown Meat Market?

Lab-grown meat has been used in a variety of industries due to its exceptional flexibility and capacity to be adaptable in any setting. Various investments are made among the key player. For instance, in September 2021, Nomad Foods Limited, a frozen fish corporation based in the United Kingdom, collaborated with BlueNalu, a seafood cell-cultured business based in the United States, on an expected project to result in the introduction of cell-based goods in Europe.

Some of the major players in the market are Mosa Meat, Upside Foods, SuperMeat, Wild Earth Inc., Avant Meats Company Limited, Aleph Farms Ltd., Biofood Systems Ltd., Finless Foods, Inc., Future Meat Technologies Ltd., Integriculture Inc., Appleton Meats, Higher Steaks, Meatable, BlueNalu, Inc., Shiok Meats, Seafuture Sustainable Biotech, Lab farm Foods, Cubiq Foods, and Granja Celular S.A.

What are the Major Driving Factors for the Lab Grown Meat Market?

Increasing demand for alternative protein sources and environmental sustainability is a growth factor in the lab-grown meat market. Consumers are changing attention to adopting healthier diets that promote a more sustainable lifestyle and reduce reliance on animal proteins. Additionally, people who are allergic to animal-based proteins make up the majority of alternative protein buyers. Recently, the commercial production of cultured meat has met the growing demand for meat products and lowered the stress on conventional meat sources, which is anticipated to support animal welfare. Furthermore, the increasing adoption of technological advancements in cellular agriculture is the growth of the Lab Grown Meat market.

What are the Major Risks for the Lab Grown Meat Market?

The high manufacturing cost is the major restraint of the growth of the lab-grown meat market. The high maintenance cost of manufacturing depends on the material and technology required. Furthermore, the strict government regulations and consumer skepticism toward in-vitro meat and compliance across the countries are expected to hamper the market growth. Additionally, the product manufacturers must meet will likely delay commercializing the lab-grown meat market, negatively affecting the market growth. These factors are restraining the growth of the Lab Grown Meat market.

Which is the key Application in the Market Lab Grown Meat Market?

The Application segment is categorized into Meatballs, Burger Patties, Hot Dogs & Sausages, Nuggets and other applications. Meatballs are the leading segment of the Lab Grown Meat market. It captured the largest market share due to increasing sales of ready cook foods, high demand for convenience, and shifting food consumption behavior. Furthermore, rapid urbanization with increasing developed and emerging countries such as the United States and others are also expected to increase the Lab Grown Meat market demand. Moreover, the Burger Patties segment dominates the market during the forecast period due to the increasing quick service restaurants market and innovative products launched by burger manufacturing.

How is the Lab Grown Meat Market performing in regions?

In 2021, North America dominated the highest market share in the Lab Grown Meat market. The largest market share is due to the increasing adoption of the on-the-go lifestyle, consumption of snacking products, and increasing number of flexitarians. Modern technology in the United States gives a growth opportunity to this sector, and they are the largest market for Lab-Grown Meat in North America. In North America, the growth is attributed to the increasing consumption of convenience food products. North America has seen growth and is expected to provide several opportunities to the Lab Grown Meat market. Furthermore, the health concerns about the consumption of meat products and investor interest in alternative proteins of lab-grown meat market growth in this region.

The Asia Pacific dominated the largest market share. Rapidly, urbanization creates a demand for lab-grown meat in Asia. Asia is the world’s most rapidly urbanizing region and has rising economies, increasing meat consumption and customer affordability for premium products. China has been identified as a prominent country to conduct consumer surveys on cultured meat. Asia-Pacific has become a valuable market for Lab-Grown Meat. These factors are expected to increase the growth of the Lab Grown Meat market in the Asia Pacific region.

What is the regulatory landscape for the Lab Grown Meat Market?

The governments are supporting lab-grown meat as it is fulfilling the demand for food globally. In addition, the countries’ governments are also applying some FDA standards for the quality purposes of the products. These standards are mandatory for manufacturers as they are consumed by individuals directly. Thus, these government standards support the market growth during the forecast period.

What is the Market Size of Lab-Grown Meat regarding value?

The lab-grown meat market is anticipated to grow at a substantial CAGR of 11.10% in the upcoming years. The Lab Grown Meat market was estimated to be worth USD 150.4 million in 2021 and is expected to be worth USD 282.83 million by 2028.

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What are the major players planning for the future of the Lab Grown Meat Market?

The major companies in the lab-grown meat sector are significantly investing in technology. Furthermore, future scenarios suggest that well-known market players invest significantly in startups and medium-sized enterprises to deliver effective solutions to the industry. Large players are expected to buy or merge with major enterprises or startups to achieve a competitive advantage.

Segmentation of Lab-Grown Meat Market-

Lab-Grown Meat Market– By Type

  • Beef
  • Pork
  • Poultry
  • Seafood
  • Others

 Lab-Grown Meat Market– By Application

  • Meatballs
  • Burger Patties
  • Hot Dogs & Sausages
  • Nuggets
  • Other Applications

Lab-Grown Meat Market– By Distribution Channel

  • Business-to-Business
  • Business-to-Consumer

Lab-Grown Meat Market– By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Lab Grown Meat Market
2.2. Lab Grown Meat Market, By Type
2.3. Lab Grown Meat Market, By Application
2.4. Lab Grown Meat Market, By Distribution Channel
2.5. Lab Grown Meat Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Lab Grown Meat Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Distribution Channel
3.3.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Application Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted By Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID 19 Impact Analysis
6.1. Lab Grown Meat Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Lab Grown Meat Market
7.1. Lab Grown Meat Market, By Type, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Lab Grown Meat Market, By Type, 2021 vs 2028 (in%)
7.1.3. Lab Grown Meat Market, By Beef, 2016-2028 (US$ Bn)
7.1.4. Lab Grown Meat Market, By Pork, 2016-2028 (US$ Bn)
7.1.5. Lab Grown Meat Market, By Poultry, 2016-2028 (US$ Bn)
7.1.6. Lab Grown Meat Market, By Seafood, 2016-2028 (US$ Bn)
7.1.7. Lab Grown Meat Market, By Others, 2016-2028 (US$ Bn)
7.2. Lab Grown Meat Market, By Application, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Lab Grown Meat Market, By Application, 2021 vs 2028 (in%)
7.2.3. Lab Grown Meat Market, By Meatballs, 2016-2028 (US$ Bn)
7.2.4. Lab Grown Meat Market, By Burger Patties, 2016-2028 (US$ Bn)
7.2.5. Lab Grown Meat Market, By Hot Dogs & Sausages, 2016-2028 (US$ Bn)
7.2.6. Lab Grown Meat Market, By Nuggets, 2016-2028 (US$ Bn)
7.2.7. Lab Grown Meat Market, By Other Applications, 2016-2028 (US$ Bn)
7.3. Lab Grown Meat Market, By Distribution Channel, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Lab Grown Meat Market, By Distribution Channel, 2021 vs 2028 (in%)
7.3.3. Lab Grown Meat Market, By Business-to-Business, 2016-2028 (US$ Bn)
7.3.4. Lab Grown Meat Market, By Business-to-Consumer, 2016-2028 (US$ Bn)

8. North America Lab Grown Meat Market Analysis
8.1. North America Lab Grown Meat Market, By Type, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Lab Grown Meat Market, By Application, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Lab Grown Meat Market, By Distribution Channel, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
8.4.1. U.S.
8.4.1.1. U.S. Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.4.1.2. U.S. Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
8.4.1.3. U.S. Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
8.4.1.4. U.S. Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
8.4.2. Canada
8.4.2.1. Canada Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.4.2.2. Canada Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
8.4.2.3. Canada Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
8.4.2.4. Canada Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)

9. Lab Grown Meat Market Analysis
9.1. Lab Grown Meat Market, By Type, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Lab Grown Meat Market, By Application, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Lab Grown Meat Market, By Distribution Channel, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
9.4.1. Germany
9.4.1.1. Germany Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.1.2. Germany Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
9.4.1.3. Germany Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
9.4.2. Germany Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
9.4.3. France
9.4.3.1. France Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.3.2. France Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
9.4.3.3. France Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
9.4.3.4. France Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
9.4.4. UK
9.4.4.1. UK Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.4.2. UK Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
9.4.4.3. UK Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
9.4.4.4. UK Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
9.4.5. Italy
9.4.5.1. Italy Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.5.2. Italy Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
9.4.5.3. Italy Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
9.4.5.4. Italy Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
9.4.6. Spain
9.4.6.1. Spain Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.6.2. Spain Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
9.4.6.3. Spain Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
9.4.6.4. Spain Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
9.4.7. Rest of Lab Grown Meat Market
9.4.7.1. Rest of Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.7.2. Rest of Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
9.4.7.3. Rest of Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
9.4.7.4. Rest of Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)

10. Asia Pacific Lab Grown Meat Market Analysis
10.1. Asia Pacific Lab Grown Meat Market, By Type, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Lab Grown Meat Market, By Application, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Lab Grown Meat Market, By Distribution Channel, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
10.4.1. China
10.4.1.1. China Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.1.2. China Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
10.4.1.3. China Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
10.4.1.4. China Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
10.4.2. Japan
10.4.2.1. Japan Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.2.2. Japan Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
10.4.2.3. Japan Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
10.4.2.4. Japan Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
10.4.3. India
10.4.3.1. India Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.3.2. India Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
10.4.3.3. India Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
10.4.3.4. India Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
10.4.4. South Korea
10.4.4.1. South Korea Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.4.2. South Korea Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
10.4.4.3. South Korea Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
10.4.4.4. South Korea Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.5.2. South-East Asia Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
10.4.5.3. South-East Asia Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
10.4.5.4. South-East Asia Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.6.2. Rest of Asia Pacific Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
10.4.6.3. Rest of Asia Pacific Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
10.4.6.4. Rest of Asia Pacific Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)

11. Latin America Lab Grown Meat Market Analysis
11.1. Latin America Lab Grown Meat Market, By Type, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Lab Grown Meat Market, By Application, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Lab Grown Meat Market, By Distribution Channel, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
11.4.1. Brazil
11.4.1.1. Brazil Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.1.2. Brazil Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
11.4.1.3. Brazil Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
11.4.1.4. Brazil Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
11.4.2. Mexico
11.4.2.1. Mexico Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.2.2. Mexico Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
11.4.2.3. Mexico Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
11.4.2.4. Mexico Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.3.2. Rest of Latin America Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
11.4.3.3. Rest of Latin America Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
11.4.3.4. Rest of Latin America Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)

12. Middle East and Africa Lab Grown Meat Market Analysis
12.1. Middle East and Africa Lab Grown Meat Market, By Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Lab Grown Meat Market, By Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Lab Grown Meat Market, By Distribution Channel, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries il Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.1.2. GCC Countries Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
12.4.1.3. GCC Countries Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
12.4.1.4. GCC Countries Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
12.4.2. South Africa
12.4.2.1. South Africa Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.2.2. South Africa Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
12.4.2.3. South Africa Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
12.4.2.4. South Africa Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Lab Grown Meat Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.3.2. Rest of Middle East and Africa Lab Grown Meat, By Type, 2016-2028 (US$ Bn)
12.4.3.3. Rest of Middle East and Africa Lab Grown Meat, By Application, 2016-2028 (US$ Bn)
12.4.3.4. Rest of Middle East and Africa Lab Grown Meat, By Distribution Channel, 2016-2028 (US$ Bn)

13. Company Profiles
13.1. Siemens (Germany)
13.1.1. Company Overview
13.1.2. products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Inc. (U.S)
13.3. Mosa Meat (Netherlands)
13.4. Upside Food (U.S)
13.5. Super Meat (Israel)
13.6. Wild Earth Inc. (U.S)
13.7. Avant Meats Company Limited (China)
13.8. Aleph Farms Ltd (Israel)
13.9. Biofood Systems Ltd. (Israel)
13.10. Finless Foods Inc. (U.S)
13.11. Future Meat Technologies Ltd (Israel)
13.12. Integriculture Inc. (Japan)
13.13. Appleton Meats (Canada)
13.14. Higher steaks (U.K)
13.15. Meatable (Netherlands)
13.16. Bluenalu Inc. (U.S)
13.17. Shiok Meats (Singapore)
13.18. Seafuture Sustainable Biotech (Canada)
13.19. Lab Farm Foods (U.S)
13.20. Cubiq Foods (Spain)
13.21. Granja Celular S.A (Argentina)

List of Figures

FIG. 1 Lab Grown Meat Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Methodology
FIG. 3 Lab Grown Meat Market Segmentation
FIG. 4 Lab Grown Meat Market, By Type, 2021 (US$ Bn)
FIG. 5 Lab Grown Meat Market, By Application, 2021 (US$ Bn)
FIG. 6 Lab Grown Meat Market, By Distribution Channel, 2021 (US$ Bn)
FIG. 7 Lab Grown Meat Market, By Geography, 2021 (US$ Bn)
FIG. 8 Attractive Investment Proposition, By Type, 2021
FIG. 9 Attractive Investment Proposition, By Application, 2021
FIG. 10 Attractive Investment Proposition, By Distribution Channel, 2021
FIG. 11 Attractive Investment Proposition, By Geography, 2021
FIG. 12 Global Market Share Analysis of Key Lab Grown Meat Market Manufacturers, 2021
FIG. 13 Global Market Positioning of Key Lab Grown Meat Market Manufacturers, 2021
FIG. 14 Lab Grown Meat Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 15 Lab Grown Meat Market, By Beef, Value, 2016-2028 (US$ Bn)
FIG. 16 Lab Grown Meat Market, By Pork, Value, 2016-2028 (US$ Bn)
FIG. 17 Lab Grown Meat Market, By Poultry, Value, 2016-2028 (US$ Bn)
FIG. 18 Lab Grown Meat Market, By Seafood, Value, 2016-2028 (US$ Bn)
FIG. 19 Lab Grown Meat Market, By Others, Value, 2016-2028 (US$ Bn)
FIG. 20 Lab Grown Meat Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 21 Lab Grown Meat Market, By Meatballs, Value, 2016-2028 (US$ Bn)
FIG. 22 Lab Grown Meat Market, By Burger Patties, Value, 2016-2028 (US$ Bn)
FIG. 23 Lab Grown Meat Market, By Hot Dogs & Sausages, Value, 2016-2028 (US$ Bn)
FIG. 24 Lab Grown Meat Market, By Nuggets, Value, 2016-2028 (US$ Bn)
FIG. 25 Lab Grown Meat Market, By Other Applications, Value, 2016-2028 (US$ Bn)
FIG. 26 Lab Grown Meat Market Value Contribution, By Distribution Channel, 2021 & 2028 (Value %)
FIG. 27 Lab Grown Meat Market, By Business-to-Business, Value, 2016-2028 (US$ Bn)
FIG. 28 Lab Grown Meat Market, By Business-to-Consumer, Value, 2016-2028 (US$ Bn)
FIG. 29 U.S. Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 30 Canada Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 31 Germany Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 32 France Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 33 U.K. Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 34 Italy Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 35 Spain Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 36 Rest of Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 37 China Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 38 Japan Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 39 India Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 40 South Korea Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 41 Southeast Asia Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 42 Rest of Asia Pacific Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 43 Latin America Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 44 Brazil Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 45 Mexico Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 46 Rest of Latin America Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 47 Middle East & Africa Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 48 GCC Countries Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 49 South Africa Lab Grown Meat Market, 2016-2028 (US$ Bn)
FIG. 50 Rest of Middle East and Africa Lab Grown Meat Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Lab Grown Meat Market
TABLE 2 Lab Grown Meat Market, By Competitive Benchmarking, 2021
TABLE 3 Lab Grown Meat Market, By Geographical Presence Analysis, 2021
TABLE 4 Lab Grown Meat Market, By Key Strategies Analysis, 2021
TABLE 5 Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 6 Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 7 Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 8 Lab Grown Meat Market, By Geography, 2016-2028 (US$ Bn)
TABLE 9 North America Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 10 North America Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 11 North America Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 12 North America Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
TABLE 13 US Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 14 US Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 15 US Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 16 Canada Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 17 Canada Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 18 Canada Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 19 Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 20 Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 21 Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 22 Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
TABLE 23 Germany Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 24 Germany Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 25 Germany Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 26 France Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 27 France Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 28 France Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 29 UK Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 30 UK Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 31 UK Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 32 Italy Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 33 Italy Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 34 Italy Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 35 Spain Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 36 Spain Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 37 Spain Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 38 Rest of Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 39 Rest of Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 40 Rest of Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 41 Asia Pacific Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 42 Asia Pacific Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 43 Asia Pacific Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 44 Asia Pacific Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
TABLE 45 China Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 46 China Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 47 China Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 48 Japan Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 49 Japan Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 50 Japan Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 51 India Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 52 India Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 53 India Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 54 South Korea Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 55 South Korea Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 56 South Korea Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 57 South East Asia Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 58 South East Asia Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 59 South East Asia Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 60 Rest of Asia Pacific Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 61 Rest of Asia Pacific Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 62 Rest of Asia Pacific Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 63 Latin America Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 64 Latin America Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 65 Latin America Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 66 Latin America Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
TABLE 67 Brazil Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 68 Brazil Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 69 Brazil Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 70 Mexico Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 71 Mexico Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 72 Mexico Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 73 Rest of Latin America Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 74 Rest of Latin America Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 75 Rest of Latin America Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 76 Middle East and Africa Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 77 Middle East and Africa Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 78 Middle East and Africa Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 79 Middle East and Africa Lab Grown Meat Market, By Country, 2016-2028 (US$ Bn)
TABLE 80 GCC Countries Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 81 GCC Countries Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 82 GCC Countries Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 83 South Africa Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 84 South Africa Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 85 South Africa Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)
TABLE 86 Rest of Middle East and Africa Lab Grown Meat Market, By Type, 2016-2028 (US$ Bn)
TABLE 87 Rest of Middle East and Africa Lab Grown Meat Market, By Application, 2016-2028 (US$ Bn)
TABLE 88 Rest of Middle East and Africa Lab Grown Meat Market, By Distribution Channel, 2016-2028 (US$ Bn)

Frequently Asked Questions:

Which key factors will influence the lab-grown meat market growth over 2022-2028?

Increasing demand for alternative protein sources and environmental sustainability is a growth factor in the lab-grown meat market. Consumers are changing attention to adopting healthier diets that promote a more sustainable lifestyle and reduce reliance on animal proteins. Additionally, people who are allergic to animal-based proteins make up the majority of alternative protein buyers. Recently, the commercial production of cultured meat has met the growing demand for meat products and lowered

What will be the value of the lab-grown meat market during 2022-2028?

The lab-grown meat market is anticipated to grow at a substantial CAGR of 11.10% in the upcoming years. The Lab Grown Meat market was estimated to be worth USD 150.4 million in 2021 and is expected to be worth USD 282.83 million by 2028.

Which region will contribute notably towards the lab-grown meat market value?

In 2021, North America dominated the highest market share in the Lab Grown Meat market. The largest market share is due to the increasing adoption of the on-the-go lifestyle, consumption of snacking products, and increasing number of flexitarians. Modern technology in the United States gives a growth opportunity to this sector, and they are the largest market for Lab-Grown Meat in North America. In North America, the growth is attributed to the increasing consumption of convenience food products

Which are the significant players leveraging the lab-grown meat market growth?

Some major players in the market are Mosa Meat, Upside Foods, SuperMeat, Wild Earth Inc., Avant Meats Company Limited, Aleph Farms Ltd., Biofood Systems Ltd., Finless Foods, Inc., Future Meat Technologies Ltd., Integriculture Inc., Appleton Meats, Higher Steaks, Meatable, BlueNalu, Inc., Shiok Meats, Seafuture Sustainable Biotech, Lab farm Foods, Cubiq Foods, and Granja Celular S.A.

Which is the major type segment in the lab-grown meat market?

In 2021, meatballs will be the leading segment of the Lab Grown Meat market. It captured the largest market share due to increasing sales of ready cook foods and high demand for convenience food.

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