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.
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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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