Lab-grown Meat Market by Type (Beef, Poultry, Pork, Seafood), Distribution Channel (Business-to-Business, Business-to-Consumer), Application (Nuggets, Burger Patties, Meatballs, Steak, Hot Dogs & Sausages)—Global Forecast to 2035

The Lab-grown Meat Market is projected to reach $1.99 billion by 2035, at a CAGR of 21.4% during the forecast period of 2025–2035. Factors such as technological advancements in the production of lab-grown meat, increasing venture investments in the lab-grown meat industry, growing focus on animal welfare, increasing demand for animal-based processed food products, and increasing demand for allergen-free foods are driving the growth of this market. However, the high demand for plant-based protein, a lack of a standardized regulatory framework for lab-grown meat, psychological barriers to consuming cultured meat as food, and the growing vegan population restrain the growth of this market to some extent. In addition, the increasing demand for alternative proteins and growing per capita meat consumption provide significant growth opportunities for lab-grown meat manufacturers. Key trends such as clean eating and sustainable foods are positively impacting the growth lab-grown meat market/cultured meat market.

Increasing Venture Investments in the Lab-Grown Meat Industry

In recent years, the global livestock industry has been subjected to immense scrutiny due to the scale of its environmental, ethical, and human health impacts. Nowadays, the advantages of lab-grown meat over farm meat products, such as lower greenhouse gas emissions, higher nutritional value, and slaughter-free production, have piqued consumers’ interest in lab-grown meat products. According to Good Food Institute, Inc., around 80% of people in the U.S. and the U.K. are more interested in lab-grown meat than in field/conventional meat. Moreover, with the rising demand for lab-grown meat, meat product manufacturers are investing heavily in the research & development of cultured meat. Companies across the food value chain, from producers to retailers, are also investing in the lab-grown meat industry. Some companies hedge against or prepare for the demand for animal products to decline and invest in companies that produce their alternatives. Market players have received investments or funding from several high-profile individuals, financial investors, and companies in the last few years. In 2020, the lab-grown meat industry contracted due to the outbreak of the COVID-19 pandemic; however, in 2021, the industry’s investor base grew by 62%, reaching 458 unique investors, and the total investment capital raised reached USD 1,930.0 million (Source: GFI Report). Most of the investment (more than one-third of the global investment) in lab-grown meat is concentrated in Israel.

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Some of the investments and deals in the lab-grown meat industry are mentioned below:

• In 2021, Future Meat Technologies Ltd. (Israel) announced that the funding received by the company would be used to construct overseas lab-grown meat production facilities.
• In July 2021, Aleph Farms secured USD 100.0 million in a Series B funding round. The funding will be used to scale up manufacturing and grow operations.
• In 2021, BlueNalu, Inc. (U.S.) raised USD 60.0 million to enable the completion of its commercial pilot facility for producing cell-based seafood.
• In 2022, CellMEAT (South Korea) secured USD 8.1 million (KRW 10 billion) in a Series A funding round. The funding will help CellMEAT to continue the R&D of its lab-grown shrimp, ramp up the pilot production of its prototype shrimp to 10 kilograms/day from 5 kilograms/day, and expand its offerings to other cultivated seafood, including crustaceans, such as lobsters and crabs.
• In April 2022, Upside Foods (U.S.) secured USD 400 million in a Series C funding round, which will be used for building a commercial-scale facility, educating consumers, and building robust & cost-effective supply chain infrastructure for cell feed (media) and other inputs.

Such investments are expected to drive the growth of the lab-grown meat market.

Key Findings in the Global Lab-grown Meat Market/Cultured Meat Market Study

In 2025, the beef segment is expected to account for the largest share of the lab-grown meat market

Based on type, the global lab-grown meat market is segmented into beef, poultry, pork, seafood, and other lab-grown meat types. In 2025, the beef segment is expected to account for the largest share of the lab-grown meat market. The large market share of this segment is mainly attributed to the popularity of beef products in various quick-service restaurants. Additionally, it is comparatively cheaper than other types of lab-grown meat products. This segment is also projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the growing demand for beef as a major source of protein, the increasing awareness of protein consumption through high-nutritional food, and the growing preference for beef over other types of meat due to various diseases associated with poultry and pork.

In 2025, the business-to-business segment is expected to account for the largest share of the lab-grown meat market

Based on distribution channel, the global cultured meat market is segmented into business-to-business and business-to-consumer. In 2025, the business-to-business segment is expected to account for the largest share of the lab-grown meat market. The large market share of this segment is primarily attributed to the growing demand for meat-based products from foodservice industries and received approval for restaurants to sell lab-grown meat meals in some countries. This segment is also projected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to consumers’ curiosity to try lab-grown meat-based products and the increasing interest of quick service restaurants (QSRs) in serving lab-grown meat products to their customers.

In 2025, the nuggets segment is expected to account for the largest share of the lab-grown meat market

Based on application, the global lab-grown meat market is segmented into nuggets, burger patties, meatballs, steak, hot dogs & sausages, and other applications. In 2025, the nuggets segment is expected to account for the largest share of the lab-grown meat market. The large market share of this segment is attributed to the increasing adoption of on-the-go lifestyles and the increasing demand for snacking and frozen products. However, the burger patties segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the rising popularity of hamburgers in the U.S. Additionally, the rising acceptance of high-protein burgers in the U.S. and Canada is fueling the industry demand. Cultured meat burgers are the top substitutes for traditional meat burgers due to their less environmental impact and ethical issues.

North America: Fastest-growing regional market

In 2025, North America is expected to account for the largest share of the lab-grown meat market. The large market share of this segment is attributed to the growing demand for convenient food and the steadily growing consumption of meat and meat products. The rising disposable income of consumers, coupled with an increase in the number of working professionals, offers growth opportunities to players operating in this market. This market is also projected to register the highest CAGR during the forecast period due to a rise in innovations and developments, the high spending for efficient R&D, and the presence of a number of investors in the lab-grown market in this region.

Key Players

The key players profiled in the global cultured meat market study are Aleph Farms Ltd.(Israel), Avant Meats Company Limited (China), Ants Innovate Pte Ltd (Singapore), BlueNalu, Inc.(U.S.), ClearMeat (India), Finless Foods, Inc. (U.S.), Future Meat Technologies Ltd. (Israel), Higher Steaks (U.K), Lab Farm Foods, Inc.(U.S.), Meatable B.V.(Netherlands), Mosa Meat B.V. (Netherlands), MIRAI FOODS AG (Switzerland), Shiok Meats Pte Ltd (Singapore), SUPERMEAT THE ESSENCE OF MEAT LTD (Israel), Upside Foods, Inc. (U.S.), and Orbillion Bio, Inc (U.S).

Scope of the report

Lab-grown Meat Market, by Type                           

• Beef
• Poultry
• Pork
• Seafood
• Other Lab-grown Meat Types

Lab-grown Meat Market, by Distribution Channel           

• Business-to-Business
• Business-to-Consumer

Lab-grown Meat Market, by Application                             

• Nuggets
• Burger Patties
• Meatballs
• Steak
• Hot Dogs & Sausages
• Other Applications

Lab-grown Meat Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Netherlands
  • Spain
  • Germany
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Singapore
  • Japan
  • India
  • Rest of Asia-Pacific (RoAPAC)
• Latin America
• Middle East & Africa

Key questions answered in the report: