Market revenue in 2022 | USD 7.4 million |
Market revenue in 2030 | USD 200.1 million |
Growth rate | 51% (CAGR from 2022 to 2030) |
Largest segment | Poultry |
Fastest growing segment | Seafood |
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 |
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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 40.54% in 2022. Horizon Databook has segmented the Canada cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
The rise in the number of R&D activities for cell-based agriculture, coupled with the steady consumption of meat in the country, is anticipated to drive the demand for cultured meat in the country. In May 2022, Evolved Meats, a Canada-based cultured meat company, received USD 1.48 million in seed funding. In October 2022, The Cultivated B, a Germany-based firm, opened a manufacturing hub in Canada. The manufacturing facility is a hub for cellular agriculture.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada cultured meat market, including forecasts for subscribers. This country databook contains high-level insights into Canada cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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