The cultured meat market in North America is expected to reach a projected revenue of US$ 2,272.7 million by 2030. A compound annual growth rate of 50.2% is expected of North America 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.
Increased demand for sustainable meat and poultry products, coupled with the presence of key market players in the region, is supporting the growth of the cultured meat market in the region. Several U.S. companies such as Fork & Goode and Blue Nalu are gradually investing in cell-agriculture technologies to produce cultivated meats in the region.
In December 2022, BELIEVER MEATS, an Israel-based cultivated meat company, announced plans to open a 200,000 square feet production facility in North Carolina. The facility will have the capacity to produce 11,023 tons of cultured meat.
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 40.3% in 2022.
Horizon Databook has segmented the North America cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Increased demand for sustainable meat and poultry products, coupled with the presence of key market players in the region, is supporting the growth of the cultured meat market in the region. Several U.S. companies such as Fork & Goode and Blue Nalu are gradually investing in cell-agriculture technologies to produce cultivated meats in the region.
In December 2022, BELIEVER MEATS, an Israel-based cultivated meat company, announced plans to open a 200,000 square feet production facility in North Carolina. The facility will have the capacity to produce 11,023 tons of cultured meat.
North America Cultured Meat Market Source Outlook (Revenue, USD Million , 2018-2030)
Poultry
Beef
Seafood
Pork
Duck
North America Cultured Meat Market End-use Outlook (Revenue, USD Million , 2018-2030)
Nuggets
Burgers
Meatballs
Sausages
Hot Dogs
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North America Cultured Meat Market, 2018-2030 (US$M)