The Meat, Poultry And Seafood Market Sees Cultured Meat Gaining Popularity Among Consumers - By The Business Research Company

Avail A Limited Period Discount Of 33% On Uniquely Designed Opportunities And Strategies Market Research Reports. Contact TBRC Today And Create Winning Strategies For Any Business (https://www.thebusinessresearchcompany.com/opportunities-and-strategies-reports)

LONDON, Nov. 9, 2022 /PRNewswire/ -- Cultured meat is an emerging trend gaining popularity in the meat, poultry and seafood market. Cultured meat or lab grown meat will be an emerging area of investment in the meat industry. Cultured meat is defined as the meat that is grown in cell culture, rather than in an animal's body, it provides sustainability, environmental friendliness, animal welfare, food safety and novel foods.  Stem cells are differentiated and expanded in cell culture to produce quantities of edible meat protein in the laboratory. Using this approach to meat protein manufacture has obvious animal welfare benefits but in spite of this their wide acceptance is still questionable.

The global meat, poultry and seafood market size grew from $1.36 trillion in 2021 to $1.47 trillion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The meat, poultry and seafood market is expected to grow to $1.84 trillion in 2026 at a CAGR of 5.7%.

Request a free sample of the Meat, Poultry And Seafood Market Report

The Rise In Demand For Quality And Sustainability Will Drive The Meat, Poultry And Seafood Market

As per the meat, poultry and seafood market overview, the increased demand for quality and sustainability will support the growth of the meat, poultry, and seafood market. A growing group of consumers is prepared to spend more on meat from animals that have been kept in better conditions. Sales of meat from free-range and organic chickens are on the rise, and the same trend can be seen with free-range and organic eggs.

Climate Change And Global Warming – Among The Key Restraints For The Meat, Poultry And Seafood Market

Climate change and global warming are expected to moderately affect the meat, poultry and seafood market during the forecast period. An increase in animal agriculture for meat production releases a high amount of methane gas which contributes to global warming. Following this, several government organizations raised awareness on the harmful effects of animal agriculture to meet the demand for meat, urging people to switch to vegetarian diet forms.  

Meat, Poultry And Seafood Market Segments

The global meat, poultry and seafood market analysis is segmented -

1. By Type: Meat Products, Poultry, Seafood      
2. By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels        
3. By Nature: Organic, Conventional       

See more on the Meat, Poultry And Seafood Market Report

Check out similar market reports:

Meat Products Global Market Report 2022 – By Type (Pork, Mutton Other Meat Products), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Product Type (Chilled, Frozen, Canned/Preserved), By Nature (Organic, Conventional)– Market Size, Trends, And Global Forecast 2022-2026

Seafood Global Market Report 2022 – By Type (Crustaceans, Fish, Other Seafood), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Product Type (Frozen, Dried, Smoked, Canned, Other Product Types), By Nature (Organic, Conventional), By Source (Marine, Inland) – Market Size, Trends, And Global Forecast 2022-2026

Organic Poultry Global Market Report 2022 – By Product Type (Eggs, Meat Products), By Processing Type (Fresh, Frozen, Processed), By End-User (Households, Food Services), By Distribution Channel (Supermarkets, Specialty Store, Online Sales, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2022-2026

Interested to know more about The Business Research Company?

The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has strategy enablement specialists in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

The World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

Contact Information

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/

Logo: https://mma.prnewswire.com/media/1751581/tbrc_logo.jpg

SOURCE The Business Research Company