Brazil Cultured Meat Market Size & Outlook, 2022-2030
Brazil cultured meat market, 2017-2030 (US$M)
Related Markets
Brazil cultured meat market highlights
- The Brazil cultured meat market generated a revenue of USD 12.9 million in 2022 and is expected to reach USD 301.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 48.3% 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.
Cultured meat market data book summary
| Market revenue in 2022 | USD 12.9 million |
| Market revenue in 2030 | USD 301.4 million |
| Growth rate | 48.3% (CAGR from 2022 to 2030) |
| Largest segment | Poultry |
| Fastest growing segment | Pork |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 5.2% of the global cultured meat market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cultured meat market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 179.9 million by 2030.
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Cultured Meat Market Scope
Cultured Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 38.76% in 2022. Horizon Databook has segmented the Brazil cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Many companies in Brazil are collaborating with biotech startups and research institutions to develop and test new-cultured meat production methods and technologies, which is expected to boost the market in the country.
In March 2021, BRF Global, Brazilian food processing company, partnered with Israeli biotech start-up Aleph Farms, a cultivated meat company, to increase Brazil's meat supply using cell-cultured steak. BRF entered into an agreement with Aleph Farms to develop and produce cultivated meat using Aleph's Bio Farm production platform. BRF distributes animal-free beef in Brazil under the agreement.
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Target buyers of Brazil 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 country-level data and insights on the Brazil cultured meat market, including forecasts for subscribers. This country databook contains high-level insights into Brazil cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cultured meat market size, by source, 2017-2030 (US$M)
Brazil Cultured Meat Market Share, 2022 & 2030 (US$M)
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