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European Cultured Meat Market
European Cultured Meat Market
Dublin, July 08, 2024 (GLOBE NEWSWIRE) — The “Europe Cultured Meat Market: Focus on Distribution Channel, Product Type, and Country – Analysis and Forecast, 2024-2033” report has been added to ResearchAndMarkets.com’s offering.
The Europe cultured meat market, which is expected to be valued at $155.9 million in 2024, is anticipated to undergo substantial expansion, reaching an estimated $506.6 million by 2033
The escalating demand for alternative protein sources is a major factor driving the growth of the cultured meat market. As consumers increasingly seek ethical and sustainable food options, the attractiveness of alternative proteins, such as cultured meat, is becoming more pronounced.
The Europe cultured meat market is experiencing significant growth driven by rising consumer demand for sustainable and ethical protein sources. Cultured meat, produced by cultivating animal cells, offers an alternative to traditional meat, addressing environmental and animal welfare concerns. The market is supported by strong governmental backing and funding, with countries like the Netherlands and Germany leading research and development initiatives.
According to market research, Europe is expected to be a major player in the cultured meat market, with increasing investments from both public and private sectors. The region’s focus on innovation and sustainability positions it at the forefront of the alternative protein revolution, promising substantial market expansion in the coming years.
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different applications of the cultured meat products available based on distribution channel (food service and fast-food chains and retail), product type (poultry, beef, seafood, pork, and others), ingredient type (plant-derived ingredient and animal-derived ingredient). The market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of cultivated meat as an alternative protein. Therefore, the cultured meat business is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The cultured meat market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include partnerships and collaborations.
Competitive Strategy: The key players in the Europe cultured meat market analyzed and profiled in the study include cultured meat manufacturers that produce cultured meat. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
Mosa Meat
Meatable
CUBIQ FOODS
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Key Attributes:
Report Attribute
Details
No. of Pages
61
Forecast Period
2024 – 2033
Estimated Market Value (USD) in 2024
$155.9 Million
Forecasted Market Value (USD) by 2033
$506.6 Million
Compound Annual Growth Rate
13.9%
Regions Covered
Europe
1 Markets
1.1 Emergence of Cultured Meat
1.2 Trends: Current and Future Impact Assessment
1.2.1 Trends: Overview
1.2.2 Rise in Adoption of Vegan Lifestyle
1.2.3 Emphasis on Environmental Sustainability
1.3 Supply Chain Overview
1.3.1 Value Chain Analysis
1.3.2 Market Map
1.4 Research and Development Review
1.4.1 Patent Filing Trend (by Company, Country)
1.5 Regulatory Landscape
1.6 Market Dynamics Overview
1.6.1 Market Drivers
1.6.1.1 Increase in Demand for Alternative Protein
1.6.1.2 Increase in Awareness Related to Animal Cruelty in Meat and Dairy Industry
1.6.1.3 Increase in Investment and Funding of Lab-Grown Meat
1.6.2 Market Challenges
1.6.2.1 High Production Cost
1.6.2.2 Skepticism among Consumers
1.6.3 Market Opportunities
1.6.3.1 High Per Capita Meat Consumption and Imports in Countries
1.6.3.2 Growth in Approval Rates for Commercial Sales and Increase in New Product Launch
2 Regions
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Application
2.2.5 Product
2.2.6 Germany
2.2.7 Spain
2.2.8 Netherlands
2.2.9 U.K.
2.2.10 Rest-of-Europe
3 Markets – Competitive Benchmarking & Company Profiles
3.1 Next Frontiers
3.2 Geographic Assessment
3.2.1 Overview
3.2.2 Top Products/Product Portfolio
3.2.3 Top Competitors
3.2.4 Target Customers
3.2.5 Key Personnel
3.2.6 Analyst View
3.2.7 Market Share
For more information about this report visit https://www.researchandmarkets.com/r/5yvpnm
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Source link : https://finance.yahoo.com/news/europe-cultured-meat-market-analysis-100500143.html
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Publish date : 2024-07-08 10:05:00
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