India Cultured Meat Market Size & Outlook, 2022-2030
India cultured meat market, 2017-2030 (US$M)
Related Markets
India cultured meat market highlights
- The India cultured meat market generated a revenue of USD 12.4 million in 2022 and is expected to reach USD 539.1 million by 2030.
- The India market is expected to grow at a CAGR of 60.2% 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.
Cultured meat market data book summary
| Market revenue in 2022 | USD 12.4 million |
| Market revenue in 2030 | USD 539.1 million |
| Growth rate | 60.2% (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, India accounted for 5.0% 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 Asia Pacific, China cultured meat 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 539.1 million by 2030.
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Cultured Meat Market Scope
Cultured Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 41.13% in 2022. Horizon Databook has segmented the India cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Growing consumer preference for sustainable and clean-label foods is supporting the growth of the cultured meat market in India. In February 2019, according to researchers from The Good Food Institute, Center for Long Terms Priorities, and the University of Bath, several Indian consumers are willing to try lab-grown meat and only 10.7% of consumers from a survey of above 1000 consumers were not likely to consume cultivated meat.
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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 India cultured meat market, including forecasts for subscribers. This country databook contains high-level insights into India cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India cultured meat market size, by source, 2017-2030 (US$M)
India Cultured Meat Market Share, 2022 & 2030 (US$M)
Related regional statistics
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