Report Highlights:
Interest is booming in plant-based meat analogues and lab-grown meat alternatives with the meat alternative market share estimated to increase from 1% today to an equivalent of 10% in 2029 of today’s 1.4 trillion dollar meat market.
With technologies such as 3D printing, cellular agriculture, as well as high moisture extrusion cooking, it seems that the stage is set for enabling the creation of high quality meat mimetics. However, there is uncertainty in the predicted market value for plant-based and lab-made meat.
PreScouter investigated the current state of meat alternative space by identifying key drivers and technologies in place, in addition to examples of commercially available products and academic developments. We cover process and product-related aspects including ingredients and structure formation, nutritional value, post-extrusion processing, consumer benefits, and product-related environmental impacts.
This Intelligence Brief focuses on three types of meat alternatives:
- Extruded plant-based meat alternatives
- 3D printed meat alternatives
- Cellular agriculture
The following figure summarizes the different companies covered under each category.
