Lab grown chicken market value estimation Singapore 2019, by market adoption

Published by
R. Hirschmann,
May 29, 2024
In 2019, the estimated value of a mass market adoption scenario of lab grown chicken in Singapore where 50 percent of meat eaters switch to consuming alternative proteins amounted to around 1.42 billion Singapore dollars. This estimation was calculated with a rate of 84 percent market adoption of lab-grown chicken, and is the best-case scenario for adoption of lab-grown chicken.

Estimated market value of lab grown chicken in Singapore in 2019, by market adoption (in million Singapore dollars)

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Release date

March 2021

Region

Singapore

Survey time period

2019

Supplementary notes

1 Singapore dollar is equal to 0.75 U.S. dollars and 0.62 euros as of June 2021.

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