Canada Cultured Meat Market, 2022-2030
- Food Beverages & Tobacco
- Consumer Food & Beverages
- cultured meat market report
- Consumer Food & Beverages
Canada Cultured Meat Market, 2018-2030 (US$M)
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Canada cultured meat market highlights
- The Canada cultured meat market generated a revenue of USD 7.4 million in 2022 and is expected to reach USD 200.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 51% from 2023 to 2030.
- In terms of segment, poultry was the largest revenue generating source in 2022.
- Seafood 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 7.4 million |
| Market revenue in 2030 | USD 200.1 million |
| Growth rate | 51% (CAGR from 2022 to 2030) |
| Largest segment | Poultry |
| Fastest growing segment | Seafood |
| 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, Canada accounted for 3.0% 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 North America, U.S. cultured meat market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 200.1 million by 2030.
The rise in the number of R&D activities for cell-based agriculture, coupled with the steady consumption of meat in the country, is anticipated to drive the demand for cultured meat in the country. In May 2022, Evolved Meats, a Canada-based cultured meat company, received USD 1.48 million in seed funding. In October 2022, The Cultivated B, a Germany-based firm, opened a manufacturing hub in Canada. The manufacturing facility is a hub for cellular agriculture.
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Publish Date: Feb 06, 2025
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Cultured Meat Market Report
Cultured Meat Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Strauss Group Ltd | View profile | 1,109 | 49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, Israel, 4959504 | www.strauss-group.com |
| Fork & Good | View profile | 11-50 | Brooklyn, New York, United States, North America | forkandgood.com/ |
| Avant Meats | View profile | 1-10 | Central, Hong Kong Island, Hong Kong, Asia | www.avantmeats.com/ |
| Biftek | View profile | 1-10 | Newark, New Jersey, United States, North America | biftek.co/ |
| Mosa Meat | View profile | 101-250 | Maastricht, Limburg, The Netherlands, Europe | www.mosameat.com |
| BlueNalu | View profile | 11-50 | San Diego, California, United States, North America | www.bluenalu.com |
| BioFood Systems | View profile | 1-10 | Hod Hasharon, HaMerkaz, Israel, Asia | www.biofood-systems.com/ |
| Wildtype | View profile | 11-50 | Mason, Michigan, United States, North America | www.wildtypeplants.com |
| New Age Eats | View profile | 11-50 | Berkeley, California, United States, North America | newageeats.com |
| Shiok Meats | View profile | 11-50 | Singapore, Central Region, Singapore, Asia | shiokmeats.com |
Canada cultured meat market report
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 40.54% in 2022.
Horizon Databook has segmented the Canada cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
The rise in the number of R&D activities for cell-based agriculture, coupled with the steady consumption of meat in the country, is anticipated to drive the demand for cultured meat in the country. In May 2022, Evolved Meats, a Canada-based cultured meat company, received USD 1.48 million in seed funding. In October 2022, The Cultivated B, a Germany-based firm, opened a manufacturing hub in Canada. The manufacturing facility is a hub for cellular agriculture.
- Canada Cultured Meat Market Source Outlook (Revenue, USD Million , 2018-2030)
- Poultry
- Beef
- Seafood
- Pork
- Duck
- Canada Cultured Meat Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Nuggets
- Burgers
- Meatballs
- Sausages
- Hot Dogs
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cultured meat market report, including forecasts for subscribers. This country databook contains high-level insights into Canada cultured meat market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Cultured Meat Market, 2018-2030 (US$M)
Canada cultured meat market statistics, by source, 2017-2030 (US$M)
