3D Printed Meat is Fastest Growing Segment Fueling Growth of 3D Printed Meat Market


3D Printed Meat Market 

The global 3D Printed Meat Market is estimated to be valued at US$ 179.1 Mn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Overview:

3D printed meat products simulate the texture, appearance and other qualities of conventionally produced meat but is produced without slaughtering animals. 3D printed meat helps address concerns around sustainability, animal welfare and health.

 

Market key trends:

One of the key trends in the 3D printed meat market is the focus on developing plant-based bioplastics as an alternative to conventional petroleum-based plastics currently used for 3D printing meat. Plant-based bioplastics are considered more sustainable and compostable. Researchers are experimenting with bioplastics derived from agricultural waste like corn starch or sugarcane bagasse that can be used to 3D print meat structures using different cell types like muscle or fat cells. This emerging trend is expected to support market growth over the forecast period.

 

Segment Analysis

The global 3D printed meat market is segmented into product type and end use. Based on product type, the market is bifurcated into beef, pork, and poultry. Among these, the beef segment dominated the market in 2022 and is expected to continue its dominance over the forecast period. Beef has high demand across global cuisines and cooking styles. It is rich in nutrients like iron, zinc, and protein.

 

Key Takeaways

The Global 3D Printed Meat Market Size is expected to witness high growth, exhibiting CAGR of 16% over the forecast period 2023 to 2030, due to increasing demand for alternative proteins.The market size for 2023 is US$ 179.1 Mn. The global 3D printed meat market is anticipated to reach a value of around US$ 534.1 Mn by 2030.

 

Regional analysis - North America dominated the global market in 2022 and is expected to remain the highest revenue generating region during the forecast period. The growth in this region can be attributed to growing vegan and vegetarian population, increasing research and development activities for alternative meat production.

 

Key players - Key players operating in the 3D printed meat market are Redefine Meat, Novameat, Aleph Farms, Modern Meadow, MeaTech 3D, Atlast Food Co., 3D Bioprinting Solutions. These players are focusing on expanding their production facilities and product portfolios to strengthen their market position.

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https://www.dailyprbulletin.com/3d-printed-meat-market-size-share-growth-outlook-2023/


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