Market revenue in 2022 | USD 5.9 million |
Market revenue in 2030 | USD 91.6 million |
Growth rate | 40.9% (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 |
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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 38.98% in 2022. Horizon Databook has segmented the South Africa cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Developing nations like South Africa are expected to account for the great majority of the increase in global meat consumption despite facing food insecurity, due to their rapid population growth, rising incomes, and urbanization. Meat is a protein source that requires a lot of resources, so rising demand for it in emerging nations will probably put even greater pressure on an already overburdened food system.
South Africa is an ideal developing nation for exploring cultured meat market paths to a more wholesome, sustainable, and balanced protein supply because of the concerns of high food poverty and the rise of diet-related illnesses linked to high meat consumption.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa cultured meat market, including forecasts for subscribers. This country databook contains high-level insights into South Africa cultured meat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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