iCrowdNewswire Feb 17, 2021 8:45 AM ET
The cultured meat is referred as lab grown, slaughter meat or synthetic meat which is produced by using in vitro cultivation of animal cells. The several cells are taking from an animal and growing them in medium is known as in vitro cultivation of animal cells. These animal cells have a capability of a multiplying at a great extent and that every single cell can be used to produce a good amount of meat.
The cultured meat provides a sustainable alternative to meat production which requires less water than the conventional method of meat production. Also, cultured meat is a cleaner solution than current factory farming. These are key driving factors which expected to boost the global cultured meat market growth over the forecast period. Furthermore, the rise in technological advancements in cellular technology will positively influence the global cultured meat market growth. The cultured meat eliminates the animal slaughtering is anticipated to propel the global cultured meat market growth during this forecast period. Moreover, cultured meat is produced in the lab which provides sterile environment. Thus, it is free from harmful bacteria and potential diseases which are expected to drive the global cultured meat market growth.
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High capital investment for research and development activities is the major restraint which expected to hamper the global cultured meat market growth. Also, stringent regularity environment will limit the market growth during this forecast timeline.
The Global Cultured Meat Market is segmented into source such as Poultry, Beef, Seafood, Pork, and Duck. Further, market is segmented into end use such as Nuggets, Burgers, Meatballs, Sausages, and Hot Dogs.
Also, Global Cultured Meat Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Mosa Meat, Supermeat , Memphis Meats, Just, Inc., Aleph Farms Ltd. , Integriculture Inc. , Avant Meats Company Limited , Finless Foods Inc, Balletic Foods, and Bluenalu, Inc.
By End Use
- Hot Dogs
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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