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Business Opportunities, Chain Structure Analysis and Industry Development Overview to 2030 – SMU Daily Mustang

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According to the Market Statsville Group (MSG), the global cell-based seafood market the size should grow to a 2.1 CAGR% from 2022 to 2030. Cellular aquaculture, or cell-based seafood, uses cells from seafood plants and animals and cultivates them to generate real seafood with the same sensory experience of nutritional value as seafood products. the traditional sea. Additionally, cell-based seafood companies harness the intrinsic property of cells to regenerate specific cell types, such as fat or muscle, in a controlled environment that is not susceptible to environmental challenges such as than mercury or other toxins, which will drive the growth of the market. . For example, creating cell-based fish cuts with the right consistency, taste, and toxin-free, among other benefits, drives potential customers to opt for cell-based seafood over traditional ones.

The health benefits can be cultivated and used commercially without exploiting the actual species as it is free from toxins. These factors will pave the way for the growth of the market. However, a lack of awareness among the people will hamper the growth of the market in the coming years across the world.

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covid19 Global Cell-Based Seafood Market Impact

COVID-19 has negatively impacted the growth of the market due to global lockdowns and disrupted supply chains which have been major factors hampering its growth amid the pandemic. However, people’s growing awareness of health and wellness is pushing them to embrace healthy cell-based seafood. Therefore, cell-based seafood offers great opportunities for health conscious people. This, in turn, is driving the growth of the market post-pandemic.

Scope of the global cell-based seafood market

The study categorizes the cell-based seafood market on the basis of source, product type, distribution channel, end users, form, regionally and globally..

By source Outlook (Sales, million USD, 20172030)

By product type (Sales, million USD, 20172030)

  • Fishes
  • Shellfish
  • molluscs
  • Others

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By distribution channel Perspectives (Sales, million USD, 20172030)

  • Supermarkets and Hypermarkets
  • convenience stores
  • Online stores
  • Others

By End-User Industry Outlook (Sales, million USD, 20172030)

  • People
  • Commercial
    • Restaurants
    • food stalls
    • Others

Outlook by region (Sales, million USD, 20172030)

  • North America
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • Slovenia
    • Slovakia
    • the Netherlands
    • Belgium
    • Norway
    • Denmark
    • Czech republic
    • Sweden
    • The rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Vietnam
    • The Philippines
    • Singapore
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • North Africa
    • Rest of MEA

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animal segment is expected to account for the largest market share, by Source

According to Source, the global cell-based seafood market is divided into animals and plants. Among them, the animal segment accounted for the major market share in 2021 as health conscious people opt for cell-based seafood, especially fish. In addition, eating fish can lead to food poisoning, allergies and the like. However, cell-based fish are grown in a controlled environment and in a hygienic manner. These factors create lucrative growth opportunities in the market.

North America accounts for the leading market share in the cell-based seafood market

Globally, North America accounts for the major market share in 2021. The growth is attributed to the presence of major market players in the region. Also, people are opting more for cell-based seafood due to its health benefits and quality. These factors pave the way for the growth of the market in the region. Next come Europe and Asia-Pacific.

Key Market Players in Global Cell-Based Seafood Market

The cell-based seafood market is emerging and evolving in nature with few global players operating in the market such as:

  • BlueNalu
  • Shiok meats
  • Finless Foods, Inc.
  • Wild type.
  • CELL AG TECH INC.
  • Meat
  • NewAgeMeats
  • Aleph Farms
  • Meat Before
  • IntegriCulture

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