Asia Pacific Cultured Meat Market Size & Outlook, 2022-2030
Asia Pacific cultured meat market, 2017-2030 (US$M)
Related Markets
Asia Pacific cultured meat market highlights
- The Asia Pacific cultured meat market generated a revenue of USD 48.5 million in 2022.
- The market is expected to grow at a CAGR of 59.2% from 2023 to 2030.
- In terms of segment, poultry was the largest revenue generating source in 2022.
- Pork is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 48.5 million |
| Market revenue in 2030 | USD 1,996.7 million |
| Growth rate | 59.2% (CAGR from 2022 to 2030) |
| Largest segment | Poultry |
| Fastest growing segment | Pork |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Poultry, Beef, Seafood, Pork, Duck |
| Key market players worldwide | Strauss Group Ltd, Avant Meats, Biftek, Mosa Meat, BlueNalu, BioFood Systems, Wildtype, New Age Eats, Shiok Meats, SuperMeat, Meatable, Finless Foods, Fork & Good, Future Meat Technologies, UPSIDE Foods, Mission Barns |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.7% of the global cultured meat market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,996.7 million by 2030.
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Cultured Meat Market Scope
Cultured Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific cultured meat 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 meat market will help companies and investors design strategic landscapes.
Poultry was the largest segment with a revenue share of 38.56% in 2022. Horizon Databook has segmented the Asia Pacific cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
The growing urban population, coupled with the increase in meat consumption, is favoring the growth of the cultured meat market in the region. In addition, favorable government initiatives in countries such as Singapore and China are supporting the cultivated meat industry growth.
In December 2020, the Singapore Food Agency (SFA) approved Eat Just for selling cultivated chicken in Singapore. Furthermore, In January 2023, the Singaporean government served VIP guests cultured meat at the 27th UN Climate Change Conference of the Parties (COP27).
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Target buyers of Asia Pacific cultured meat market databook
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Our clientele includes a mix of cultured meat 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 continent-level data and insights on the Asia Pacific cultured meat market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cultured meat market size, by country, 2017-2030 (US$M)
Asia Pacific Cultured Meat Market Share, 2022 & 2030 (US$M)
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