The cultured meat market in China is expected to reach a projected revenue of US$ 854.5 million by 2030. A compound annual growth rate of 58.8% is expected of China cultured meat market from 2023 to 2030.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China cultured meat market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 539.1 million by 2030.
Favorable government initiatives toward cultivated meat are supporting the growth of the cultured meat market in the country. In January 2022, China’s Ministry of Agriculture and Rural Affairs announced the release of a five-year agricultural plan. The initiative by the Chinese government will pave the way for the lab-grown meat industry in the country.
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 37.44% in 2022.
Horizon Databook has segmented the China cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Favorable government initiatives toward cultivated meat are supporting the growth of the cultured meat market in the country. In January 2022, China’s Ministry of Agriculture and Rural Affairs announced the release of a five-year agricultural plan. The initiative by the Chinese government will pave the way for the lab-grown meat industry in the country.
China Cultured Meat Market Source Outlook (Revenue, USD Million , 2018-2030)
Poultry
Beef
Seafood
Pork
Duck
China 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 China cultured meat market report, including forecasts for subscribers. This country databook contains high-level insights into China cultured meat market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.