Posts

Showing posts with the label Cultured Meat Market 2022

Cultured Meat Market Latest Report By Source, End-Use, Region And Forecast To 2028

Image
  San Francisco, 29 June 2022:  The Report  Cultured Meat Market  Size, Share & Trends Analysis Report By Source (Beef, Poultry, Seafood, Duck, Pork), By End Use (Burgers, Nuggets, Meatballs, Hot Dogs, Sausages), By Region, And Segment Forecasts, 2022 - 2028 The global cultured meat market size is expected to reach USD 348.0 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.4% from 2022 to 2028. The market is anticipated to be driven by the growing consumer preference to adopt a protein-rich diet. The COVID-19 era strongly reflected the demand for nutritional ingredients and vitamins. Cultured meat can be costly if manufactured with current technology. It needs large capital investment for R&D activities. These are some factors that may impede the growth of the global market. However, high meat consumption among customers can create large revenue opportunities for companies in the market...