The cultured meat market in Europe is expected to reach a projected revenue of US$ 1,857.3 million by 2030. A compound annual growth rate of 53.6% is expected of Europe cultured meat market from 2023 to 2030.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 1,996.7 million by 2030.
The European cultured meat market is anticipated to expand during the forecast period due to contributing factors such as developments in the field of cellular agriculture, the rising need for alternative proteins, improvements in cell culture technology, and food safety.
As consumer preferences shift toward cleaner labels and a healthier lifestyle, safer quality meat is expected to be the major factor driving the market. Furthermore, such a lifestyle has been scientifically shown to be healthier compared to the conventional method of eating.
The livestock production system occupies 28% of the land in the EU, contributes significantly to soil acidification, air pollution, and water pollution, and is a major source of greenhouse gas emissions. Commercial animal farming is a significant contributor to zoonotic illnesses, antibiotic resistance, and deforestation worldwide.
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 38.6% in 2022.
Horizon Databook has segmented the Europe cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
The European cultured meat market is anticipated to expand during the forecast period due to contributing factors such as developments in the field of cellular agriculture, the rising need for alternative proteins, improvements in cell culture technology, and food safety.
As consumer preferences shift toward cleaner labels and a healthier lifestyle, safer quality meat is expected to be the major factor driving the market. Furthermore, such a lifestyle has been scientifically shown to be healthier compared to the conventional method of eating.
The livestock production system occupies 28% of the land in the EU, contributes significantly to soil acidification, air pollution, and water pollution, and is a major source of greenhouse gas emissions. Commercial animal farming is a significant contributor to zoonotic illnesses, antibiotic resistance, and deforestation worldwide.
Europe Cultured Meat Market Source Outlook (Revenue, USD Million , 2018-2030)
Poultry
Beef
Seafood
Pork
Duck
Europe 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 continent-level data and insights on the Europe cultured meat market report, including forecasts for subscribers. This continent databook contains high-level insights into Europe cultured meat market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.