Market value of cultured meat 2030-2040

Published by
Nils-Gerrit Wunsch,
Aug 25, 2023
The cultivated meat markt is still in its infancy, but several institutions foresee a profitable future for lab-grown foods. For instance, consultancy firm McKinsey forecasts that the cultivated meat market will be worth 25 billion U.S. dollars by 2030. Looking further ahead, research agencies expect the market value of this new industry to be anywhere between 200 and 800 billion U.S. dollars.

Cultivated meat market size forecasts for 2030 and 2040 (in billion U.S. dollars)

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Sources

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Release date

April 2023

Region

Worldwide

Survey time period

2021 to 2022

Supplementary notes

These forecasts were conducted in the years 2021 and 2022, depending on the source.

*The source mentions that the GovGrant and Euromonitor market values were calculated based on market share figures given by the sources.

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Overview

5

Investments

3

Consumer perspectives worldwide

4

Consumer perspectives in the U.S.

4

Consumer perspectives in Germany

3

Consumer perspectives in the UK

3

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Topics

Cultivated meatGlobal meat industry Meat industry in ChinaMeat substitutes market in the U.S.Meat industry in Europe
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