Report Overview

The shift towards sustainable food systems being sparked by the expanding technological developments in the field of alternative proteins, and a growing number of vegans, and change consumer attitudes toward animal welfare are expected to boost the growth of the United States lab-grown meat market during the forecast period between 2023 and 2029.

United States Lab-grown Meat Market – Industry Trends & Forecast Report, 2029

United States lab-grown meat market size was estimated at USD 28.42 million in 2022. During the forecast period between 2023 and 2029, the United States lab-grown meat market size is projected to grow at a CAGR of 16.28% reaching a value of USD 70.27 million by 2029. The shift towards sustainable food systems is being sparked by the expanding technological developments in the field of alternative proteins. According to projections, variables that will contribute to the spread of cultured meat include the rising number of vegans and consumer attitudes towards animal welfare. Though the market is still in its infancy, research and development are being done to enable the mass manufacturing of cultured meat. The main market players are concentrating on getting regulatory permits for marketing cultured meat products.

United States Lab-grown Meat Market – Overview

Lab-grown meat, also known as cultured meat or cell-based meat, refers to meat products that are produced through cellular agriculture in a laboratory rather than by traditional animal farming methods. It involves the cultivation of animal cells in a controlled environment to generate muscle tissue that can be harvested and processed into meat products. Lab-grown meat aims to provide a sustainable and ethical alternative to conventional animal farming. It has the potential to reduce environmental impact, alleviate animal welfare concerns, and address challenges related to food security and resource consumption. However, the technology and production processes are still under development, and commercial availability of lab-grown meat on a larger scale is gradually becoming a reality.

United States Lab-grown Meat Market

Growth Drivers

Increasing Focus on Animal Welfare

Increasing concerns about animal welfare are a significant driver of the growth in the United States lab-grown meat market. Lab-grown meat, also known as cultured or cell-based meat, offers a more humane and ethical alternative to traditional animal farming methods. Animal welfare has become a growing priority for consumers, who are increasingly aware of the conditions in which animals are raised for meat production. Traditional animal agriculture often involves practices that raise ethical concerns, such as confinement, overcrowding, and the use of antibiotics and hormones. These practices have prompted a shift in consumer preferences toward more humane and cruelty-free options.

Restraints

High production cost

Lab-grown meat is a relatively new field that requires ongoing research and development to optimize production techniques, culture media, and tissue engineering methods. The costs associated with scientific research, experimentation, and technological advancements contribute to the overall production expenses. The process of culturing and maintaining animal cells in a lab environment requires specialized culture media that provide the necessary nutrients for cell growth and differentiation. These media can be expensive, as they need to be formulated with specific components and growth factors. Establishing and maintaining the infrastructure for lab-grown meat production, including laboratories, cleanrooms, and bioreactors, involves significant upfront costs. Additionally, the specialized equipment required for cell culturing, tissue engineering, and processing further adds to the production expenses.

Impact of COVID-19 on United States Lab-grown Meat Market

Like many sectors, the lab-grown meat industry experienced disruptions in its supply chain. Restrictions on international trade, closures of manufacturing facilities, and logistical challenges disrupted the availability of necessary inputs and materials. This led to delays in production, reduced inventory levels, and increased costs. The economic uncertainty caused by the pandemic made it more challenging for lab-grown meat companies to secure funding and investments. Investors became more cautious, resulting in a slowdown in funding rounds and potential delays in the development and expansion plans of lab-grown meat companies.

United States Lab-grown Meat Market

Segmental Coverage

United States Lab-grown Meat Market – By Type

Based on the type, the United States lab-grown meat market is divided into beef, pork, poultry, and seafood segments. Poultry has a major share in the lab-grown meat market by type. Lab-grown poultry eliminates the need for raising and slaughtering animals, addressing concerns related to animal welfare. By producing poultry meat directly from animal cells, it provides a more humane and ethical option for meat consumption. Poultry farming is associated with environmental challenges, such as land use, water consumption, and greenhouse gas emissions. Lab-grown poultry has the potential to reduce these environmental impacts by requiring fewer resources, such as land and water, and generating lower emissions.

Competitive Landscape

Major players operating in United States lab-grown meat market include Aleph Farms, Avant Meats Company Limited, Biftek INC, Mosa Meat, BlueNalu, Inc., BioFood Systems Ltd, WildType, New Age Eats, Shiok Meats Pte Ltd, and SuperMeat. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In June 2023 - Lab-grown meat was granted permission by to be sold to consumers for the first time in the United States. Upside Foods and Good Meat, companies focused on cultured meat, received approval from the US Department of Agriculture to produce and sell chicken products derived from clusters of sample animal cells grown in large metal vats.

Scope of the Report

By Type

• Beef

• Pork

• Poultry

• Seafood

By Application

• Nuggets

• Burger Patties

• Meatballs

• Steak

• Hot Dogs & Sausages

• Others