Cultured Food Market To Benefit from Increased Global Uptake of 2024 By 2030

 Cultured Food Market Growth & Trends

The global cultured food market size is expected to reach USD 55.88 billion by 2030, registering a CAGR of 8.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, driven by a convergence of factors that are reshaping consumer preferences and food production practices. Health-conscious consumers seek options that offer both nutritional benefits and promote overall well-being, leading to increased demand for cultured foods, such as yogurt, kefir, and kombucha, which are rich in probiotics and are known for their digestive health benefits. However, concerns about the environmental impact of traditional meat production have spurred interest in alternative protein sources. Cultivated meat and seafood, produced through innovative biotechnological processes, offer a sustainable solution that requires fewer resources and generates fewer emissions compared to conventional animal agriculture.

Manufacturers are embracing collaboration and strategic alliances as essential drivers of innovation in the cultured food sector, enabling them to stay at the forefront of this rapidly evolving industry and meet the evolving demands of consumers for sustainable, ethical, and nutritious food options. For instance, in December 2023, CV Sciences, Inc., a leading consumer wellness company specializing in hemp extracts and other natural ingredients, finalized its acquisition of Cultured Foods, a prominent manufacturer and distributor of plant-based vegan foods. This acquisition presents an opportunity for CV Sciences to import these specialty foods into the U.S. market and establish a European hub for distributing +PlusCBD products, facilitating access to new retail and distributor partners. Moreover, it marks a significant step in CV Sciences' evolution into a diversified global health and wellness enterprise.

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Cultured Food Market Report Highlights

• The dairy-based cultured food segment accounted for a share of 62.03% in 2023 due to high demand for dairy-based cultured foods, such as yogurt, kefir, and cultured cheeses, on account of their health benefits. These products are rich in probiotics, which support gut health and immunity. As awareness of the importance of gut health grows, consumers are turning to dairy-based cultured foods as a convenient way to incorporate probiotics into their diets
• The online channels segment is expected to grow at a CAGR of 9.8% from 2024 to 2030. Online platforms provide an opportunity for food manufacturers to educate consumers about the health benefits and nutritional value of cultured foods. Through product descriptions, blog posts, and educational content, consumers can learn more about the importance of probiotics and fermentation in promoting gut health and overall well-being, leading to increased interest and demand for cultured food products
• Asia Pacific is projected to grow at a CAGR of 9.1% from 2024 to 2030. Many countries in this region have a long history of fermenting foods as part of their traditional culinary practices. For example, kimchi in Korea, miso in Japan, and various fermented dairy products in India have been consumed for centuries. This cultural familiarity with fermented foods has laid the groundwork for the acceptance and popularity of cultured foods in the modern market

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Cultured Food Market Segmentation

Grand View Research has segmented the global cultured food market on the basis of product, distribution channel, and region:

Cultured Food Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Dairy-based
  • Yogurt
  • Kefir
  • Others
• Plant-based
  • Sauerkraut
  • Kimchi
  • Pickles
  • Miso
  • Tempeh
• Meat & Seafood
• Kombucha
• Others

Cultured Food Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online
• Others

Cultured Food Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Spain
  • Italy
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa
  • UAE

List of Key Players in the Cultured Food Market

• UPSIDE Foods
• Mosa Meat
• Finless Foods, Inc.
• BlueNalu
• Aleph Farms
• Wildtype
• Mission Barns
• Perfect Day, Inc.
• SuperMeat
• Shiok Meats Pte. Ltd.
• Fonterra Co-operative Group Ltd.
• Danone SA
• Nestlé SA
• Lactalis American Group, Inc.
• Chobani, LLC

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.