According to the research report titled ‘Global Cultured Meat Market - Analysis By Source (Poultry, Beef, Seafood, Pork), End Use, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2030)’, available with Market Study Report LLC, global cultured meat market valuation is expected to be reach USD 206.6 million by 2025, while recording a healthy CAGR throughout the forecast period 2021-2030.
 

As per the report findings, changing dietary preferences, fast paced urbanization, and rising concerns for animal welfare are driving global cultured meat market growth. Increasing awareness about lab grown meat and its health benefits as well as environmental impact caused by increasing slaughter of animals is also boosting the industry development.
 

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Furthermore, rising inclination towards veganism and environment sustainability is are also acting as a major impetus to market expansion.
 

Elaborating on the impact of the coronavirus pandemic, ban on import & export of meat in several countries has fostered the demand for lab grown meat so that nations can be prepared for similar kinds of crisis in the future, which will promulgating the industry trends.
 

Based on end user spectrum, worldwide cultured meat market is arrayed into burgers, nuggets, sausage, meatballs, hotdogs, and others. Among these, nuggets segment currently accounts for a substantial share in the industry.
 

On the geographical front, Asia Pacific market is touted to garner a remarkable growth rate over 2021-2030, primarily due to rising demand for meat products, consumer preference for healthy lifestyle, and high disposable income levels. Furthermore, high inflow of investments in new startups, along with growing technological advancements are also stimulating regional market growth.
 

Prominent players in global cultured meat market sphere are Finless Foods Inc., BlueNalu Inc., Aleph Farms (Strauss Group Ltd.), Upside Foods, Mosa Meat, Shiok Meats, Eat Just Inc., Modern Meadow, IntegriCulture Inc., and Future Meat Technologies.