3D Printed Meat Market

3D Printed Meat Market Outlook (2023 to 2033)

Newly-released 3D printed meat market analysis report by Fact.MR reveals that global sales in 2022 was held at US$ 154 million. With 16.1% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 959 million by the end of the forecast period. 3D Printed Chicken is expected to be the highest revenue-generating segment in the market, projected to grow at a CAGR of over 16% from 2023 to 2033.

Report Attributes	Details
Global 3D Printed Meat Market Size In 2022	US$ 154 million
Global 3D Printed Meat Market Size at End of Forecast (2033)	US$ 959 million
Global 3D Printed Meat Market CAGR (2023 to 2033)	16.1%
U.S. 3D Printed Meat Market CAGR (2023 to 2033)	14.9%
Key Companies Covered	Redefine Meat Meat-Tech 3D SavorEat Novameat Aleph Farms BlueNalu Fork & Goode Future Meat Shiok Meats Novameat Believer Meats CellX

Revenue of 3D Printed Meat Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033

As per the research of the 3D Printed Meat Market by Fact.MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the value of the 3D Printed Meat Market increased at around 40.1% CAGR. With an absolute dollar opportunity of US$ 744 million, the market is projected to reach a valuation of US$ 959 million by 2033.

What are the Key Drivers Influencing the Market Expansion?

3D printed meat is a type of meat that is created using 3D printing technology, where plant-based or animal-based materials are layered and fused together to form a meat-like product. The process involves using a 3D printer to deposit layers of cells or proteins, which are then cultured and grown into a meat-like structure. The end product has the texture and taste of real meat but is produced using sustainable and ethical methods, without the need for animal slaughter.

According to the Food and Agriculture Organization (FAO) of the United Nations, in 2020, global meat production was around 336 million tonnes, and the global meat industry was valued at around US$ 1.03 trillion in the same year. Increasing demand for meat alternatives due to concerns about sustainability, animal welfare, and health is driving market growth for alternative proteins like 3D printed meat.

According to a study, beef production generates up to 105 kilograms of greenhouse gas emissions per 100 grams of protein, compared to just 10 kilograms of greenhouse gas emissions per 100 grams of protein for plant-based proteins like soybeans. Moreover, the production of traditional meat is also associated with deforestation, water pollution, and other environmental impacts. These concerns are driving demand for more sustainable and ethical alternatives like 3D printed meat, which has a significantly lower environmental impact.

The global 3D printed meat market is expected to grow at a CAGR of 24.1% during the forecast period. The use of 3D printing technology in the meat market has the potential to significantly reduce the environmental impact of meat production. According to a study by the University of Queensland, 3D printed meat has the potential to reduce greenhouse gas emissions by up to 96% and land use by around 99% equated to traditional meat production. Rapid advancements in 3D printing technology are making it easier and more affordable to produce 3D printed meat on a large scale, which is helping to drive market expansion.

Region-Wise Analysis

Which Region is Projected to Witness Significant growth in the Market?

North America is a prominent shareholder of the market with a size of US$ 59.5 million in 2022 and is estimated to reach US$ 83.2 million in 2023. It is projected that the region will have a market worth US$ 371.1 million by 2033.

In 2020, the per capita consumption of meat in Canada was around 74.2 kg per person. Poultry consumption has been steadily increasing in Canada, with the per capita consumption of chicken reaching about 33.1 kg/person. With the increasing demand of meat in the Canadian market, the consumers are seeking out the healthier alternatives of the meat like 3D printed meat. The growing population of meat consumer and increasing awareness about health drives the market growth in upcoming years.

Country-Wise Analysis

"United States 3D Printed Meat Market Analysis"

The market in United States is expected to grow to be worth US$ 289.5 million by 2033, with an absolute dollar growth of US$ 217.3 million from 2023 to 2033. The market in the United States has grown at a CAGR of 38.1% from 2018 to 2022 and is expected to grow at a CAGR of 14.9 % from the year 2023 to 2033.

In 2020, the per capita consumption of meat in the United States was around 105.6 kilograms per year. This includes beef, pork, poultry, and lamb. This is a slight increase from the previous year, when per capita meat consumption was about 101.2 kilograms per year. The increasing consumption of meat in the United States causes health risks associated with consuming high amounts of animal fats and proteins. The people are more concerned about their health so they are looking for the healthier alternatives, this helps for the growth of 3D printed meat market in the upcoming years.

"United Kingdom 3D Printed Meat Market Analysis"

The market in United Kingdom is expected to grow to be worth US$ 49.5 million by 2033, with an absolute dollar growth of US$ 37.5 million. The market in the country has grown at a CAGR of 38.6% from 2018 to 2022 and is expected to grow at a CAGR of 15.2% from 2023 to 2033.

Based on statistics from National Beef Association, beef is one of the staple foods in the UK. In 2020, the total production of beef in the United Kingdom was around 867,000 tonnes and the average consumption of beef was 18kg per capita in a year. Growing awareness and concerns about animal welfare in the food industry is driving demand for cruelty-free meat alternatives like 3D printed meat, this helps for the market growth.

"China 3D Printed Meat Market Analysis"

In China, the market is expected to grow to be worth US$ 82.8 million with an absolute dollar growth of US$ 65.8 million between 2023 and 2033. The market in China has grown at a CAGR of 42 % from 2018 to 2022 and is expected to grow at a CAGR of 17.2 % from the year 2023 to 2033.

In 2020, China produced over 80 million tons of animal-based meat. Pork was the prominent meat produced in China, which produced around 55 million tons of pork in 2020. Beef and poultry production were also significantly produced, with China producing around 6.5 million tons of beef and 22 million tons of poultry in 2020. Increasing demand for protein-rich foods and changing dietary preferences and habits, drives the growth of animal based meat market. The consumers are seeking out healthier meat alternative like 3D printed meat.

"Japan 3D Printed Meat Market Analysis"

In Japan, the market is expected to grow to be worth US$ 69.9 million with an absolute dollar growth of US$ 53.4 million between 2023 and 2033. The market in Japan has grown at a CAGR of 39.1 % from 2018 to 2022 and is expected to grow at a CAGR of 15.5 % from the year 2023 to 2033.

According to data from the Ministry of Agriculture, Forestry, and Fisheries of Japan, in 2019, the per capita consumption of pork in Japan was 33.4 kg, while chicken consumption was 14.6 kg and beef consumption was 5.2 kg. Overall, Japan's meat consumption is steadily increasing over the years. Increasing awareness about the health risks associated with consuming high amounts of animal fats and proteins, consumers are looking for healthier meat substitute. This influences the market growth in the forthcoming years.

"South Korea 3D Printed Meat Market Analysis"

The market in South Korea is expected to grow to be worth US$ 39 million by 2033, with an absolute dollar growth of US$ 30.6 million. The market in South Korea has grown at a CAGR of 41% from 2018 to 2022 and is expected to grow at a CAGR of 16.6 % from 2023 to 2033.

In 2020, South Korea produced around 218,000 tons of beef, up from 211,000 tons in the previous year 2019. South Korea has a strong demand for beef, with a per capita consumption of an average of around 10 kilograms per year. This demand has been driven by factors such as rising incomes, changing dietary preferences, and an aging population. However, the demand for alternative protein sources like 3D printed meat is also being driven by concerns about the environmental impact of beef production as well as problems with animal welfare and human health.

Category-Wise Insights

Which Type of 3D Printed Meat is Projected to Witness the Significant Growth?

3D printed Chicken is projected to witness significant growth in the market as it has grown at a CAGR of 39.6% from 2018 to 2022 and is expected to grow at a CAGR of 16% from 2023 to 2033.

Chicken is expected to be the fastest-growing market for 3D printed meat due to factors such as the increasing demand for meat alternatives as chicken stands as the highest consumed meat globally. 3D printed chicken can be produced in a controlled environment, reducing the risk of contamination and making it a safer option than traditional chicken production.

Competitive Analysis

Key players in the market are Redefine Meat, Meat-Tech 3D (Steakholder Foods), SavorEat, Novameat, Aleph Farms, BlueNalu, Fork & Goode, Future Meat, Shiok Meats, Novameat, Believer Meats, and CellX.

A few of the recent developments in the market are :

• In March 2022, Meat-Tech 3D announced that it had successfully produced 3D bioprinted beef tissue that had a similar texture to real beef. The company used a combination of bovine cells and plant-based materials to create the tissue, which it claims has the potential to be used in the production of cultured meat products.
• In July 2021, Redefine meat announced that it had raised US$ 29 million in a funding round led by Happiness Capital and Hanaco Ventures. The funding will be used to expand the company's production capacity and accelerate the launch of its 3D printed meat products.

Segmentation of the 3D Printed Meat Market

• By Source :

  • Plant Based
  • Animal Cell Based

• By Meat Type :

  • Chicken
  • Beef
  • Seafood
  • Others

• By Sales Channel :

  • B2B
  • B2C
    • Specialty Stores
    • Online Retail

• By End User :

  • HoReCa
  • Household
  • Institutional

• By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa