Russia Cultured Meat Market Size & Outlook, 2022-2030
Russia cultured meat market, 2017-2030 (US$M)
Related Markets
Russia cultured meat market highlights
- The Russia cultured meat market generated a revenue of USD 7.2 million in 2022 and is expected to reach USD 213.6 million by 2030.
- The Russia market is expected to grow at a CAGR of 52.8% 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 7.2 million |
| Market revenue in 2030 | USD 213.6 million |
| Growth rate | 52.8% (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, Russia accounted for 2.9% 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 Europe, UK cultured meat market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 98.5 million by 2030.
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Cultured Meat Market Scope
Cultured Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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 40.28% in 2022. Horizon Databook has segmented the Russia cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing innovative approaches by the manufacturers of cultured meat due to the growing health concerns around conventional meat is expected to boost market growth. Many young firms are competing to establish companies that can make cultivated meat an accessible and affordable product.
The market is expected to be driven by growing awareness of antibiotic resistance, animal welfare, and the environment. Companies are focusing on developing a new approach to keep the consumers up to date about the label ingredients and thus attract more consumers.
The expansion of the cultured meat market is also being aided by the increase in startups and established companies in the sector that are experimenting with cultivated meat. For instance, in September 2021, the Ochakov Food Ingredients Plant (OKPI), a food technology lab, produced Russia's first sample of cultured meat.
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Target buyers of Russia 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 Russia cultured meat market, including forecasts for subscribers. This country databook contains high-level insights into Russia cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Russia cultured meat market size, by source, 2017-2030 (US$M)
Russia Cultured Meat Market Share, 2022 & 2030 (US$M)
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