Australia Cultured Food Market Size & Outlook, 2023-2030
Related Markets
Australia cultured food market highlights
- The Australia cultured food market generated a revenue of USD 533.3 million in 2023 and is expected to reach USD 991.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, dairy-based was the largest revenue generating product in 2023.
- Meat and Seafood is the most lucrative product segment registering the fastest growth during the forecast period.
Cultured food market data book summary
| Market revenue in 2023 | USD 533.3 million |
| Market revenue in 2030 | USD 991.0 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Dairy-based |
| Fastest growing segment | Meat and Seafood |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dairy-Based, Plant-Based, Meat and Seafood, Kombucha |
| Key market players worldwide | Fonterra Co-operative Group, Danone SA, Nestle SA, Chobani, UPSIDE Foods, Mosa Meat, Finless Foods, BlueNalu, Aleph Farms, Wildtype, Mission Barns, Perfect Day, SuperMeat, Shiok Meats |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global cultured food market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cultured food market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,780.1 million by 2030.
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Cultured Food Market Scope
Cultured Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Perfect Day | View profile | 101-250 | Berkeley, California, United States, North America | http://www.perfectdayfoods.com |
| Aleph Farms | View profile | 51-100 | Rehovot, HaMerkaz, Israel, Asia | https://www.aleph-farms.com/ |
| Mission Barns | View profile | 11-50 | Berkeley, California, United States, North America | https://www.missionbarns.com/ |
| UPSIDE Foods | View profile | 101-250 | Berkeley, California, United States, North America | https://www.upsidefoods.com |
| Finless Foods | View profile | 11-50 | Emeryville, California, United States, North America | http://finlessfoods.com |
| SuperMeat | View profile | 1-10 | Tel Aviv, Tel Aviv, Israel, Asia | http://supermeat.com/ |
| Shiok Meats | View profile | 11-50 | Singapore, Central Region, Singapore, Asia | https://shiokmeats.com |
| Wildtype | View profile | 11-50 | Mason, Michigan, United States, North America | https://www.wildtypeplants.com |
| BlueNalu | View profile | 11-50 | San Diego, California, United States, North America | https://www.bluenalu.com |
| Mosa Meat | View profile | 101-250 | Maastricht, Limburg, The Netherlands, Europe | http://www.mosameat.com |
| Chobani | View profile | 1001-5000 | Norwich, New York, United States, North America | http://www.chobani.com |
| Fonterra Co-operative Group | View profile | 10001+ | Auckland, Auckland, New Zealand, Oceania | http://fonterra.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
Australia cultured food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cultured food market will help companies and investors design strategic landscapes.
Dairy-based was the largest segment with a revenue share of 71.84% in 2023. Horizon Databook has segmented the Australia cultured food market based on dairy-based, plant-based, meat and seafood, kombucha covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Australia cultured food market databook
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Our clientele includes a mix of cultured food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia cultured food market , including forecasts for subscribers. This country databook contains high-level insights into Australia cultured food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia cultured food market report size, by product, 2018-2030 (US$M)
Australia Cultured Food Market Outlook Share, 2023 & 2030 (US$M)
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