Press Release

Cellular Agriculture Market to Grow with a CAGR of 15.21% through 2028

Advancements in genetic engineering and increasing demand for lab-grown meat is expected to drive the Global Cellular Agriculture Market growth in the forecast period, 2024-2028.

 

According to TechSci Research report, “Cellular Agriculture Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Cellular Agriculture Market stood at USD 180.64 Million in 2022 and is anticipated to grow with a CAGR of 15.21% in the forecast period, 2024-2028. The global cellular agriculture market is driven by several key factors. The increasing awareness about animal rights and concerns about the environmental impact of traditional farming methods are steering consumers towards lab-grown meat and dairy products. Advancements in cell culture technology make it possible to replicate the taste and texture of conventionally produced food, making it more palatable to consumers.

The growing global population and the demand for sustainable protein sources are also contributing to the expansion of this market. Support from governments and non-profit organizations for research and development in cellular agriculture is acting as a catalyst for growth in this sector.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Cellular Agriculture Market.”

 

The global cellular agriculture market is currently experiencing an extraordinary growth trajectory, driven primarily by the increasing consumer consciousness regarding ethical sourcing and sustainability practices. This emerging field, known for its revolutionary approach to agricultural production using cell cultures, has the potential to completely redefine traditional farming methods as we know them. Cellular agriculture, at its core, leverages the power of science and technology to cultivate animal-based products such as meat, dairy, and leather in a laboratory setting. By harnessing the potential of cell cultures, this innovative method eliminates the need for traditional animal farming, offering a promising solution to the growing global demand for food while mitigating the environmental impact associated with conventional farming practices.

One of the key advantages of cellular agriculture is its ability to reduce the land and water requirements traditionally associated with animal farming. By cultivating animal cells in controlled environments, this method minimizes the need for vast agricultural land and extensive water resources, making it a more sustainable and environmentally friendly alternative. Moreover, cellular agriculture holds the promise of addressing the significant greenhouse gas emissions associated with conventional farming practices. By relying on laboratory-based production methods, this technology has the potential to significantly lower carbon emissions and mitigate the risks of climate change, contributing to a more sustainable and resilient future. Another compelling aspect of cellular agriculture is its potential to improve animal welfare. By producing animal-based products without the need for actual animals, this method eliminates many of the ethical concerns surrounding traditional farming practices. Conscious consumers who value animal welfare can embrace cellular agriculture as a cruelty-free solution that aligns with their values.

As advancements in cellular agriculture technology continue to unfold, the market is poised to witness substantial growth in the coming years. Ongoing research and development efforts are expected to drive improvements in efficiency, scalability, and cost-effectiveness, making lab-grown and animal-free products more accessible and prevalent in our food system. The global cellular agriculture market represents a transformative shift in the way we produce and consume food. With its potential to revolutionize agricultural practices, reduce environmental impact, address ethical concerns, and offer a sustainable and ethical future of food production, cellular agriculture holds the promise of a better world for all.

The Global Cellular Agriculture Market is segmented into technology, application, end user industry, regional distribution, and company.

Based on application, the dominance of dairy products in the global cellular agriculture market is primarily attributed to a combination of technological advancements and consumer preferences. Through the innovative practice of cellular agriculture, it is now possible to create dairy products without relying on livestock, thus significantly reducing the environmental impact and ethical concerns associated with traditional dairy farming methods. This revolutionary approach not only addresses the growing demand for sustainable and ethically produced food but also offers dairy products that are virtually indistinguishable in taste and texture from their traditional counterparts. By leveraging the potential of cellular agriculture, we can pave the way for a future where dairy production is not only more sustainable but also meets the evolving needs and preferences of consumers worldwide.

Based on region, North America, predominantly led by the United States, holds a commanding position in the global cellular agriculture market. This is primarily attributed to the region's robust research and development infrastructure, which includes renowned academic institutions, leading biotechnology companies, and advanced laboratories dedicated to advancing the field of cellular agriculture.

Furthermore, North America's significant investment in biotechnology further strengthens its position, with substantial funding directed towards research, innovation, and scaling up production processes. This consistent investment empowers scientists and entrepreneurs to explore new frontiers in cellular agriculture, driving technological advancements and accelerating the development of sustainable and efficient methods for producing food. In addition to the infrastructure and investment, the forward-thinking regulatory environment in North America plays a crucial role in fostering innovation and growth in the cellular agriculture sector. Regulators recognize the potential benefits of lab-grown food products and have established frameworks that support their development, ensuring consumer safety and confidence while promoting entrepreneurial endeavors.

Moreover, the presence of key players in the cellular agriculture domain within North America further solidifies its leading status. These industry pioneers, including startups and established companies, contribute to the vibrant ecosystem by driving research, commercializing innovative products, and shaping the future of food production. Additionally, the increasing consumer awareness and acceptance of lab-grown food products in North America have been instrumental in maintaining the region's leading position in this emerging field. As consumers become more conscious of sustainability and the environmental impact of traditional agriculture, they are embracing cellular agriculture as a promising solution. The growing demand for alternative protein sources and the recognition of the potential benefits of lab-grown food have created a favorable market environment for cellular agriculture in North America.

 

Major companies operating in Global Cellular Agriculture Market are:

  • Cell Ag Limited
  • Eat Just, Inc.
  • The EVERY Company (Clara Foods)
  • Perfect Day, Inc.
  • Aleph Farms
  • SuperMeat
  • UPSIDE Foods (Memphis Meats)
  • BlueNalu, Inc.
  • Formo GmbH
  • Remilk

 

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“The future of the Global Cellular Agriculture Market looks promising, with significant growth and expansion on the horizon. As consumers increasingly seek cruelty-free and environmentally sustainable produce, the demand for cellular agriculture is expected to soar. This innovative approach to farming leverages advancements in biotechnology, allowing for the production of lab-grown meat and other sustainable alternatives. With its potential to revolutionize the food industry and address pressing environmental concerns, the outlook for the cellular agriculture market is optimistic and full of potential.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Cellular Agriculture Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Technology (Cell Lines, Growth Media, Scaffold Materials, 3D Tissue Systems, Others), By Application (Dairy Products, Gelatin, Fish, Insects, Others), By End User Industry (Food & Beverages, Textile, Pharmaceuticals, Others), By Region and Competition”, has evaluated the future growth potential of Global Cellular Agriculture Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Cellular Agriculture Market.

 

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