North America Cultured Meat Market Size & Outlook
North America cultured meat market, 2017-2030 (US$M)
Related Markets
North America cultured meat market highlights
- The North America cultured meat market generated a revenue of USD 87.6 million in 2022.
- The market is expected to grow at a CAGR of 50.2% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 87.6 million |
| Market revenue in 2030 | USD 2,272.7 million |
| Growth rate | 50.2% (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, North America region accounted for 35.5% 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 |
|---|
North America 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 40.3% in 2022. Horizon Databook has segmented the North America cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Increased demand for sustainable meat and poultry products, coupled with the presence of key market players in the region, is supporting the growth of the cultured meat market in the region. Several U.S. companies such as Fork & Goode and Blue Nalu are gradually investing in cell-agriculture technologies to produce cultivated meats in the region.
In December 2022, BELIEVER MEATS, an Israel-based cultivated meat company, announced plans to open a 200,000 square feet production facility in North Carolina. The facility will have the capacity to produce 11,023 tons of cultured meat.
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Target buyers of North America 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 North America cultured meat market, including forecasts for subscribers. This continent databook contains high-level insights into North America cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America cultured meat market size, by country, 2017-2030 (US$M)
North America Cultured Meat Market Share, 2022 & 2030 (US$M)
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