Global Cultured Poultry Meat Market, By Type (Bioreactors, Cell Culture Media, Scaffold-Based Technique, Scaffolding and Structuring, Self-Organizing Technique), End-Use (Sausages, Nuggets, Meatballs, Hot Dogs, Burgers, Others), Distribution Channel (Business to Business, Business to Consumers) – Industry Trends and Forecast to 2029.
Cultured Poultry Meat Market Analysis and Size
To meet the needs of changing population diet patterns, livestock production has increased in several countries around the world, particularly in developing markets. Despite the fact that a large number of farmers in countries such as India and China remain small and marginal, the global livestock sector is becoming increasingly industrial.
Data Bridge Market Research analyses that the cultured poultry meat market which was growing at a value of USD 62.2 million in 2021 and is expected to reach the value of USD 295.39 million by 2029, at a CAGR of 21.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cultured Poultry Meat Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Bioreactors, Cell Culture Media, Scaffold-Based Technique, Scaffolding and Structuring, Self-Organizing Technique), End-Use (Sausages, Nuggets, Meatballs, Hot Dogs, Burgers, Others), Distribution Channel (Business to Business, Business to Consumers),
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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CHR. Hansen Holdings A/S (Denmark), Lallemand Inc. (Canada), NOVUS INTERNATIONAL (U.S.), DSM (Netherlands), BASF SE (Germany), Alltech (Nicholasville), ADM (U.S.), Charoen Popkhand Foods PCL (Thailand), Associated British Foods Plc (U.K.), Cargill, Incorporated (U.S.), Upside Foods (U.S.), Mosa Meat (Netherlands), IntegriCulture Inc. (Japan), Aleph Farms (Israel), Finless Foods Inc. (U.S.), Avant Meats (China)
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Opportunities
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Market Definition
Cultured meat is defined as lab-grown meat produced in a culture medium using various tissue engineering techniques. Clean meat, in vitro meat, and synthetic meat are all terms for cultured meat. Cultured meat is created by collecting cells from an animal and growing them in an enriched and favourable culture medium. As a result of being grown in an aseptic and strictly controlled environment, the final meat produced is free of any harmful organisms.
Cultured Poultry Meat Market Dynamics
Drivers
- Cultured meat as an sustainable method
Multiple advantages of cultured meat, such as low environmental impact, elimination of the need to raise animals, and reduction in public health risks, drive the global cultured poultry meat market. Cultured meat can be thought of as an alternative protein source. Consumers are shifting their focus toward adopting a more nutritional diet that promotes a more sustainable lifestyle and relies less on animal proteins. Furthermore, people who are allergic to animal proteins make up the majority of alternative protein consumers.
- Rising awareness on food safety
Food safety concerns have increased the demand for high-quality cultured poultry meat to ensure meat safety. Another factor driving the growth of the cultured poultry meat market is the growing awareness among farm owners of the importance of maintaining a healthy animal based diet. As a result, they are transitioning from standard cultured to functional and premium variants that help improve the animals' immunity against enzootic diseases while also lowering the risk of metabolic disorders, acidosis, injuries, and infections.
Furthermore, an increase in demand for organic meat from developed-country consumers, as well as the implementation of new animal rearing practises and the maintenance of high farming standards, has created a positive outlook for the industry.
Opportunity
Increasing meat consumption in developing economies such as China, India, and Brazil is expected to drive global cultured poultry meat demand for the product. Raising awareness about poultry meat related products in developing countries can also help the global cultured poultry meat market grow. The global cultured poultry meat market is also influenced by the consumption of various types of meat.
Restraints
Rising setup costs and a stringent regulatory environment are acting as market restraints for the growth of cultured poultry meat during the forecast period. Rising consumption of plat-based protein, combined with consumer scepticism, will pose the greatest challenge to market growth.
This cultured poultry meat market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cultured poultry meat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Cultured Poultry Meat Market
Agriculture and food production have been identified as critical sectors Global during the COVID-19 situation. As a result, farmers have continued to ensure that farm animals receive high-quality nutrition in order to feed an increasing number of global consumers. However, the supply chain disruption has become the most significant factor affecting the cultured poultry meat market. China is a major producer and exporter of cultured poultry meat, and it stockpiled significant amounts of product during the emergence of the COVID-19 situation while businesses were closed for the Lunar New Year, which was enough for 2-3 months’ supply. Furthermore, logistics issues have hampered the supply of containers and vessels and the transport of certain micro-ingredients.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- Cargill and BASF partnered in the animal nutrition business in October 2021, adding research and development capabilities and new markets to the partners' existing feed enzymes distribution agreements. This collaboration aided in developing, producing, marketing, and selling customer-focused enzyme products and solutions for animals, including swine.
- De Heus acquired Coppens Diervoeding, a feed manufacturing company based in the Netherlands that specialises in the pig farming sector, in July 2021. This acquisition enabled the company to double its production capacity and strengthen its regional presence by 400k.
- ADM opened a new livestock feed plant in Ha Nam province, Vietnam, in November 2019. The new facility adds to ADM's growing list of investments in Vietnam, becoming the company's fifth plant dedicated to animal nutrition in the country. The plant is
Global Cultured Poultry Meat Market Scope
The cultured poultry meat market is segmented on the basis of type, distribution channel, and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Bioreactors
- Cell Culture Media
- Scaffold-Based Technique
- Scaffolding and Structuring
- Self-Organizing Technique
Distribution Channel
- Business to Business
- Business to Consumers
End use
- Sausages
- Nuggets
- Meatballs
- Hot Dogs
- Burgers
- Others
Cultured Poultry Meat Market Regional Analysis/Insights
The cultured poultry meat market is analysed and market size insights and trends are provided by country, type, distribution channel, and end-use as referenced above.
The countries covered in the cultured poultry meat market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cultured poultry meat market due to an increase in research activities and rising health awareness among people.
Middle East and Africa region is expected to grow from 2022 to 2029 due to an increase in research activities for the development of cultured meat.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cultured Poultry Meat Market Share Analysis
The cultured poultry meat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cultured poultry meat market.
Some of the major players operating in the cultured poultry meat market are:
- CHR. Hansen Holdings A/S (Denmark)
- Lallemand Inc. (Canada)
- NOVUS INTERNATIONAL (U.S.)
- DSM (Netherlands)
- BASF SE (Germany)
- Alltech (Nicholasville)
- ADM (U.S.)
- Charoen Popkhand Foods PCL (Thailand)
- Associated British Foods Plc (U.K.)
- Cargill, Incorporated (U.S.)
- Upside Foods (U.S.)
- Mosa Meat (Netherlands)
- IntegriCulture Inc. (Japan)
- Aleph Farms (Israel)
- Finless Foods Inc. (U.S.)
- Avant Meats (China)
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