Venture Capital
Andrea Alms Video: Money In Motion 56 - The Cultured Meat Market - Part 3
May 2023 - Venture Capital
TRANSCRIPT:
Hello, my name is Andrea Alms. I am a technology investor and financial manager and this is your money in motion. By popular demand, You, the viewer, have asked what are the markets feeding into the cultivated meat process and how big are they? As you may recall on the last episode, averaging the averages best guess, the global cultured meat market is about 153 million at 15% compound average growth rate. What is it? The cultivated meat production is using techniques of regenerative medicine. Last time we reviewed the major steps in the cultivated meat production process as requested. Let's check out the market sizes of those steps. Step one Cell lines are purchased and created to be used indefinitely. The global induce poly potent stem cell production market size is valued at about 1.3 billion in 2021, estimated to grow to 9.2% from 2021 to 2030. Step two cells developed in seed train bioreactors in nutrient rich media. Step three is the primary bioreactors cell reach the desired density. Single use bioreactor market is valued at 3.7 billion in 2021, expected to grow 21.8%, reaching nearly 17.92 billion. Of course, all these steps need cell culture, media, the global cell culture, media size is valued at 4 billion and this report in 2022 and the growth rate is 12.23%. Step four cells are collected using Centrifugation. The laboratory certification market is valued at 1.8 billion in 2021, expected to grow about 4%. Cells are harvested and ready for distribution. The fresh meat packing market is about 2 billion and growing at about 2% growth rate. Please keep in mind, of course, there are other markets feeding into this production process. Of interest are the multiple billion dollar markets, namely bioreactors and cell culture media. Let's check it out on the next episode. Thank you. This is your money, your money, in motion.