The cultured meat market in the United States is expected to reach a projected revenue of US$ 1,813.6 million by 2030. A compound annual growth rate of 50.1% is expected of the United States 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 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.
Changing consumer preferences toward sustainably and ethically sourced meat products is driving the demand for cultured meat in the country. In addition, the launch of alternative meat products by companies such as Impossible Foods and Beyond Meat is contributing to the demand for cultured meat in the country.
Moreover, favorable initiatives by the government are driving the growth of the cultured meat market in the country. The U.S. government is actively supporting the R&D for cellular agriculture in the country. In October 2022, the Tufts University Center of Cellular Agriculture (TUCCA) launched an association for supporting R&D for cellular agriculture.
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 40.68% in 2022.
Horizon Databook has segmented the U.S. cultured meat market based on poultry, beef, seafood, pork, duck covering the revenue growth of each sub-segment from 2017 to 2030.
Changing consumer preferences toward sustainably and ethically sourced meat products is driving the demand for cultured meat in the country. In addition, the launch of alternative meat products by companies such as Impossible Foods and Beyond Meat is contributing to the demand for cultured meat in the country.
Moreover, favorable initiatives by the government are driving the growth of the cultured meat market in the country. The U.S. government is actively supporting the R&D for cellular agriculture in the country. In October 2022, the Tufts University Center of Cellular Agriculture (TUCCA) launched an association for supporting R&D for cellular agriculture.
U.S. Cultured Meat Market Source Outlook (Revenue, USD Million , 2018-2030)
Poultry
Beef
Seafood
Pork
Duck
U.S. 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 U.S. cultured meat market report, including forecasts for subscribers. This country databook contains high-level insights into U.S. cultured meat market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.