China Cultured Meat Market Size & Outlook, 2022-2030
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China cultured meat market highlights
- The China cultured meat market generated a revenue of USD 21.1 million in 2022 and is expected to reach USD 854.5 million by 2030.
- The China market is expected to grow at a CAGR of 58.8% from 2023 to 2030.
- In terms of segment, poultry was the largest revenue generating source in 2022.
- Pork 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 21.1 million |
| Market revenue in 2030 | USD 854.5 million |
| Growth rate | 58.8% (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 |
Other key industry trends
- In terms of revenue, China accounted for 8.6% 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 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.
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Cultured Meat Market Scope
Cultured Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mission Barns | View profile | 11-50 | Berkeley, California, United States, North America | https://www.missionbarns.com/ |
| UPSIDE Foods | View profile | 101-250 | Berkeley, California, United States, North America | https://www.upsidefoods.com |
| Future Meat Technologies | View profile | 101-250 | Rehovot, HaMerkaz, Israel, Asia | https://www.future-meat.com |
| Finless Foods | View profile | 11-50 | Emeryville, California, United States, North America | http://finlessfoods.com |
| Meatable | View profile | 51-100 | Delft, Zuid-Holland, The Netherlands, Europe | https://meatable.com/ |
| SuperMeat | View profile | 1-10 | Tel Aviv, Tel Aviv, Israel, Asia | http://supermeat.com/ |
| Shiok Meats | View profile | 11-50 | Singapore, Central Region, Singapore, Asia | https://shiokmeats.com |
| New Age Eats | View profile | 11-50 | Berkeley, California, United States, North America | https://newageeats.com |
| Wildtype | View profile | 11-50 | Mason, Michigan, United States, North America | https://www.wildtypeplants.com |
| BioFood Systems | View profile | 1-10 | Hod Hasharon, HaMerkaz, Israel, Asia | https://www.biofood-systems.com/ |
| BlueNalu | View profile | 11-50 | San Diego, California, United States, North America | https://www.bluenalu.com |
| Mosa Meat | View profile | 101-250 | Maastricht, Limburg, The Netherlands, Europe | http://www.mosameat.com |
| Biftek | View profile | 1-10 | Newark, New Jersey, United States, North America | http://biftek.co/ |
| Avant Meats | View profile | 1-10 | Central, Hong Kong Island, Hong Kong, Asia | https://www.avantmeats.com/ |
| Fork & Good | View profile | 11-50 | Brooklyn, New York, United States, North America | https://forkandgood.com/ |
| Strauss Group Ltd | View profile | 1109 | 49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, Israel, 4959504 | https://www.strauss-group.com |
China cultured meat market outlook
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 2018 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.
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Target buyers of China cultured meat market databook
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Our clientele includes a mix of cultured meat market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China cultured meat market, including forecasts for subscribers. This country databook contains high-level insights into China cultured meat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cultured meat market size, by source, 2017-2030 (US$M)
China Cultured Meat Market Share, 2022 & 2030 (US$M)
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