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The Lab-grown Meat Market is forecasted to reach $1.99 billion by 2035, growing at a CAGR of 21.4% from 2025 to 2035. This robust growth is largely driven by advancements in cellular agriculture technology, rising investments from industry leaders, a focus on animal welfare, and increased demand for animal-based processed food. However, significant investment costs and strict regulatory requirements may constrain the market’s expansion.
Leading Companies in the Lab-grown Meat Market
Aleph Farms Ltd. (Israel)
Founded in 2017 in Rehovot, Israel, Aleph Farms focuses on cultivated meat production, including steaks. Known for its innovation, the company partnered with 3D Bioprinting Solutions in 2019 to produce meat on the International Space Station and launched its Aleph Zero space program in 2020. In 2020, Aleph Farms set net-zero carbon goals, aiming to achieve net zero by 2025 within its operations and across its supply chain by 2030.
Avant Meats Company Limited (China)
Based in Hong Kong since 2018, Avant Meats specializes in cultivated fish and fish products, operating through brands Avie and Zellulin. The company pioneered the world’s first cultivated fish fillet in 2020 and opened an R&D facility in Singapore in 2021. Avant raised $10.8 million in Series A funding in 2022 to advance cell-cultured seafood production.
BlueNalu, Inc. (U.S.)
Founded in 2017 in California, BlueNalu develops cell-cultured seafood and launched its first products, Mahi and Bluefin Tuna, in 2021 and 2022, respectively. The company has raised significant funding, including $60 million in 2021, to complete its regulatory review with the FDA and expand its cell-based product line. BlueNalu plans to open a 40,000-square-foot pilot production facility to further its cellular agriculture efforts.
Finless Foods, Inc. (U.S.)
Finless Foods, established in 2017 in California, produces both plant-based and cell-cultured seafood, particularly focused on tuna. In 2022, the company introduced plant-based tuna in the U.S. through a partnership with Gordon Food Service and raised $34 million in a Series B round to establish a pilot facility for commercial production of cell-cultured tuna.
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Future Meat Technologies Ltd. (Israel)
This Rehovot-based company, founded in 2018, specializes in cultivated meat, producing chicken, lamb kebabs, and beef burgers. In December 2021, Future Meat raised $347 million in Series B funding to scale up U.S. production and reduced the cost of cultivated chicken to $7.70 per pound.
Higher Steaks (U.K.)
Headquartered in London since 2017, Higher Steaks uses cell culture technology to create lab-grown meat products, focusing on sustainability. The company’s process involves expanding a small cell sample to produce eco-friendly meat products.
Lab Farm Foods, Inc. (U.S.)
Founded in 2018 in New York, Lab Farm Foods develops cultured beef and other meat products, emphasizing health and sustainability. The company offers cultured chicken nuggets and pork liver pâté and is expanding its team and production with support from NYU Langone’s Biolabs Incubator.
Mosa Meat B.V. (Netherlands)
Established in 2016 in Maastricht, Mosa Meat focuses on cultured beef burgers and aims to make slaughter-free meat widely available. In 2022, the company raised $85 million in Series B funding to extend its production facility and introduce cultivated beef to the European market.
Shiok Meats Pte Ltd (Singapore)
Founded in 2018, Shiok Meats develops cultivated seafood and launched the world’s first cell-based lobster in 2020, followed by crab meat in 2021. The company aims to reduce production costs, targeting $50 per kilogram by 2022, down from $3,000 per kilogram in 2021.
SUPERMEAT THE ESSENCE OF MEAT LTD (Israel)
Since its founding in 2015, SuperMeat has focused on cultivated chicken production. Located in Tel Aviv, the company is working to reduce production costs and increase sustainability. SuperMeat has raised $4.2 million over six funding rounds, including support from U.S. venture capital funds.
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Additional Notable Companies
Some prominent companies in the lab-grown meat space include Upside Foods, Inc. (U.S.), Meatable B.V. (Netherlands), ClearMeat (India), Ants Innovate Pte Ltd (Singapore), MIRAI FOODS AG (Switzerland), and Orbillion Bio, Inc. (U.S.).
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