Us Cultured and Plant-based Meat Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Cultured and Plant-based Meat Market was valued at USD 5.6 Billion in 2022 and is projected to reach USD 16.9 Billion by 2030, growing at a CAGR of 15.5% from 2024 to 2030.
The US cultured and plant-based meat market is experiencing rapid growth, driven by increasing consumer demand for sustainable, ethical, and healthy food options. Over the last few years, the plant-based meat industry has been a standout player in the global food sector, capturing the attention of both traditional meat lovers and environmentally-conscious consumers alike. With concerns over environmental sustainability, animal welfare, and health risks associated with conventional meat consumption, the rise of plant-based and cultured meat alternatives is transforming the food industry.
By 2025, the US plant-based meat market is projected to surpass $10 billion, reflecting its surging popularity. Companies like Beyond Meat, Impossible Foods, and others have made significant strides in providing plant-based meat products that replicate the taste, texture, and nutritional value of traditional meat. These plant-based substitutes are typically made from ingredients such as soy, peas, rice, and chickpeas, offering an impressive array of options from burgers to sausages and beyond.
At the same time, cultured meat, or lab-grown meat, is gaining traction. This innovative technology involves cultivating animal cells in a lab to produce real meat without the need for raising and slaughtering animals. Experts predict that the cultured meat market will witness substantial growth over the next decade. As the technology improves and costs decrease, cultured meat could become a major player in both the US and global markets, providing a potential solution to the environmental challenges associated with livestock farming.
One of the primary driving forces behind the adoption of these alternatives is the growing awareness of sustainability. Traditional meat production is resource-intensive and contributes significantly to greenhouse gas emissions. On the other hand, plant-based and cultured meats have a much lower environmental impact. They require less land, water, and energy, making them far more sustainable options for the future of food.
The US consumer base is also becoming more health-conscious, seeking protein-rich foods that are low in cholesterol, saturated fats, and free from antibiotics or hormones. This shift in consumer preferences is encouraging major fast-food chains, restaurants, and grocery stores to embrace plant-based and cultured meats in their menus and product offerings.
By 2025, as more consumers choose plant-based or cultured meat products, the US market is expected to grow exponentially, driven by these significant cultural and economic changes. As the sector evolves, the market will continue to innovate with new flavors, textures, and cooking experiences to ensure they meet the demands of a diverse consumer base. Additionally, this market growth could open up new business opportunities, particularly in sustainable packaging and distribution networks, making it one of the most exciting industries to watch in the coming years.
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Kellogg
Hormel
Smithfield Foods (WH Group)
Beyond Meat
Impossible Foods
Cargill
Maple Leaf Foods
The Very Good Food
Right Treat
JUST
Turtle Island Foods
Plantible Foods
Rebellyous Foods
Livekindly
InnovoPro
Tyson
Shuang Ta Food
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cultured and Plant-based Meat Market
Cultured Meat
Plant-based Meat
Plant-derived Ingredients
Animal-derived Ingredients
Food Service
Retail
Household
Direct Sales
Indirect Sales
Frozen
Chilled
Ready-to-eat
Fresh
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cultured and Plant-based Meat Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cultured and Plant-based Meat Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cultured and Plant-based Meat Market, By Type
6. Global Cultured and Plant-based Meat Market, By Application
7. Global Cultured and Plant-based Meat Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cultured and Plant-based Meat Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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