3D printed meat products provide an animal-free option for meat consumption with the same taste and texture as conventionally produced meat. These meat products are produced directly from animal cells without harming any animals during the production process. The global 3D Printed Meat Market is estimated to be valued at US$ 179.01 Mn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of alternative meat products due to various factors such as health, sustainability, and animal welfare is expected to drive the growth of 3D printed meat market over the forecast period. The rising vegetarian and vegan population has increased the demand for alternative proteins that mimic the sensory properties of conventional meat. 3D printed meat offers similar taste and texture as conventional meat while eliminating the need to slaughter animals. This is expected to attract more consumers towards plant-based and cultured meat substitutes including 3D printed meat over the coming years.
Segment Analysis
The global 3D printed meat market is dominated by the poultry sub-segment currently. This is because poultry meat such as chicken is cheaper and easier to produce using 3D bioprinting technology as compared to red meat like beef. Poultry do not require complex fat marbling and texture that beef production needs. Hence, poultry is more suitable for initial commercialization attempts in the 3D printed meat market.
Key Takeaways
The global 3D Printed Meat Market Growth is expected to witness high growth in the forecast period 2023 to 2030.
Regional analysis: The North America region currently dominates the global 3D printed meat market owing to heavy investments by startups and increasing R&D activities in the area of cultured meat production. The US and Canada are pioneering countries for cellular agriculture and 3D bioprinting technology development.
Key players: Key players operating in the 3D Printed Meat market are Al Sorayai Group, Abdullatif Carpets, Al Mira Carpet Factory, Abu Dhabi National Carpet Factory, Mac Carpet, Prado Egypt For Carpet, Gheytaran Carpet, Oriental Weavers. Standard Carpets Ind.LLC., Saida Carpets, Dormina, Mohawk Industries, Interface Middle East, Beaulieu Flooring, Tarkett S.A., Balta Group, and Shaw Industries Group, Inc.
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