Global Synthetic Food Market Size Was Valued at USD 17.9 Billion In 2022 And Is Projected to Reach USD 27.3 Billion By 2030, Growing at A CAGR of 5.4% From 2023 To 2030.
Global Synthetic Food Market Size Was Valued at USD 17.9 Billion In 2022 And Is Projected to Reach USD 27.3 Billion By 2030, Growing at A CAGR of 5.4% From 2023 To 2030.
Synthetic Foods that have been manufactured by applying innovative technique with the help of developments in technology. Protein makes up a large portion of synthetic foods. Chemically integrated food ingredients are used to create synthetic foods. Artificial meals, often known as synthetic foods, typically mimic the look, flavor, and aroma of natural foods.
In addition, foods made of cells and synthetic materials are emerging in response to the increase in demand. The rise of foods produced in laboratories, such as non-meat protein, is a result of consumer demand for information about the ethical and sustainable production of the food they consume. Only one in four customers, according to the Center for Food Integrity, think that livestock animals are well-cared for. This has increased demand for synthetic and cellular-based foods, particularly in the non-meat protein business.
Synthetic Food Market Top Key Players:
Impossible Foods (US), Beyond Meat (US), Memphis Meats (US), Perfect Day (US), Clara Foods (US), MycoTechnology (US), Terramino Foods (US), NovoNutrients (US), BlueNalu (US), Benson Hill (US), New Age Meats (US), Wild Type (US), Eat Just, Inc. (formerly Hampton Creek) (US), Motif FoodWorks (US), Geltor (US), Cellular Agriculture Ltd. (Canada), Biftek (Canada), Quorn Foods (UK), Mosa Meat (Netherlands), Nutreco (Netherlands), Solar Foods (Finland), Biofood Systems (France), NotCo (Chile), Shiok Meats (Singapore), Aleph Farms (Israel)
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Segmentation Analysis of the Synthetic Food Market
Synthetic Food Market Segmented on the basis of Product Type, Application, and Distribution Channel.
By Product Type
By Application
By Distribution Channel
By Distribution Channel
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Synthetic Food Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period.
By Region
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Jan 11, 2024