The article cited AMA's Global Cultured Meat Market Study explored substantial growth with CAGR of 3.4%. According the report, Growing consumer interest, Consumers are increasingly interested in plant-based and alternative protein sources including cultured meat is one of the primary growth factors for the market. Increasing demand for meat and meat products worldwide
is also expected to contribute significantly to the Cultured Meat market. Overall, Nuggets
applications of Cultured Meat, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Memphis Meats (United States), MosaMeat (Netherlands), SuperMeat (Israel), Just, Inc (United States), Integriculture (Japan), Aleph Farms Ltd (Israel), Finless Foods Inc. (United States), Avant Meats Company Limited (China), Balletic Foods (United States) and Future Meat Technologies Ltd (Israel) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Online, is boosting the Cultured Meat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cultured Meat market identified that the demand is rising in many different parts of the world as "Technological advancements in cellular agriculture
". Furthermore, some recent industry insights like "On 14th May 2019, Cargill invests in cultured meat company Aleph Farms, a cultured meat company focused on growing complex meat varieties like steak. Cargill is participating in a Series A investment round led by VisVires New Protein and joined by several other investors looking to move Aleph Farms’ product from prototype to the commercial marketplace." is constantly making the industry dynamic. One of the challenges that industry facing is "Stringent government rules and regulations and Lack of awareness among consumers"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Cultured Meat market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Cultured Meat market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Cultured Meat market tight? Which application/end-user category or Product Type [Poultry, Pork, Beef and Duck] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cultured Meat market and other related sub-markets covered in the study.
o Key & emerging players in the Cultured Meat market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cultured Meat market size is calculated using market estimation process, the Cultured Meat market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cultured Meat market size has been validated using both top-down and bottom-up approaches.