Cultured Meat Market -Global Industry Analysis and Forecast (2023-2029)

The cultured meat market was valued at US $ 123.2 Bn. in 2022, and it is expected to reach US $ 379.50 Mn. by 2029 with a CAGR of 15.10% during the forecast period.

Meat created in vitro from animal cells is known as cultured meat. It is a type of cellular farming. Tissue engineering techniques, which are often used in regenerative medicine, are also used to create cultured meat. Jason Matheny popularised the concept of cultured meat in the early 2000s, and New Harvest, the world's first NGO (Non-Government Organization) dedicated to in-vitro meat research, was founded. Cultured meat is expected to produce as much as half of 1% of the world's meat supply by 2030, amounting to billions of pounds, with consequences for a variety of industries.