23 Jul, 2026
The global artificial meat market size reached USD 797.05 million in 2025 and is anticipated to grow from USD 1,208.33 million in 2026 to USD 33,711.61 million by 2034, expanding at a CAGR of 51.6% over the forecast period from 2026 to 2034.
Artificial meat also known as cultured meat is produced by vitro cultivation of animal cells. These meats are produced by growing muscle cells of animals in a nutrient-rich environment that fosters them to grow into muscle-like fibers. The increase in the demand for meat consumption coupled with the growing rising demand for nutritional food is projected to drive the growth of the global artificial market during the assessment period. Additionally, the shift in consumer preferences towards animal proteins obtained from less animal-derived meat has led to the rapid innovation in cellular agriculture technology, which in turn is likely to be factor positively impacting the growth of the market.
The COVID-19 outbreak has raised several questions about the meat industry and its practices. The ‘Mad Cow’ in 2000, ‘SARS’ in 2003, ‘Bird Flu’ in 2005, and ‘COVID-19’ outbreaks have reshaped the norms of the meat industry. Individuals that were inclined towards the consumption of meat for their protein intake are shifting towards plant-based protein, further decelerating meat consumption across the globe.
The meat industry is witnessing a sharp decline in meat product prices, especially beef and pork. Additionally, the lockdown imposed by the governments due to the increasing number of cases has disrupted the supply chain, leading to a spike in the prices of these meat products. The overall situation has created volatility in the meat industry, compelling the prominent players in the industry to emphasize the development of new business models and strategies in order to sustain themselves in the current scenario.
sales@straitsresearch.com