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Revolutionizing Meat Production: Top 10 Companies Shaping the Lab-Grown Meat Market
The Lab-grown Meat Market is expected to grow significantly, reaching $1.99 billion by 2035, with a compound annual growth rate (CAGR) of 21.4% from 2025 to 2035. This growth is driven by technological advancements in cellular agriculture, increased investments from industry leaders, a rising focus on animal welfare, and growing demand for animal-based processed foods. However, the market faces challenges, including high investment costs and stringent regulatory environments.Here are the top 10 companies making significant strides in the Lab-grown Meat Market
1. Aleph Farms Ltd. (Israel)
Founded in 2017 and headquartered in Rehovot, Israel, Aleph Farms specializes in the production of cultivated beef and beef products, such as steaks. Notable achievements include collaborations with 3D Bioprinting Solutions to produce meat in space and the launch of its space program, Aleph Zero, in 2020. Aleph Farms aims to achieve net-zero carbon by 2025 and throughout its supply chain by 2030.
2. Avant Meats Company Limited (China)
Established in 2018 in Hong Kong, Avant Meats focuses on cultivated fish and fish products, including fish maw and fillets, as well as skincare ingredients. The company made history with the world’s first cultivated fish fillet prototype in 2020 and expanded operations in Singapore in 2021. Avant Meats raised $10.8 million in Series A funding in 2022 to boost cell-cultured seafood production.
3. BlueNalu, Inc. (U.S.)
Headquartered in California, BlueNalu was founded in 2017 to develop cell-cultured seafood. It introduced Mahi in 2021 and Bluefin Tuna in 2022. The company raised $60 million in 2021 to advance regulatory approval for its products and plans to open a 40,000-square-foot production facility for cellular agriculture.
4. Finless Foods, Inc. (U.S.)
Founded in 2017 and based in California, Finless Foods focuses on producing plant-based and cell-cultured seafood, particularly tuna. The company launched its plant-based poke-style tuna in the U.S. in 2022 and raised $34 million in Series B funding to build a pilot facility for scalable cell-cultured tuna production.
5. Future Meat Technologies Ltd. (Israel)
Established in 2018 in Rehovot, Israel, Future Meat is dedicated to producing lab-grown meat, particularly chicken, lamb, and beef. In 2021, the company reduced the cost of cultivated chicken to $7.70 per pound and raised $347 million to accelerate production in the U.S.
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6. Higher Steaks (U.K.)
Founded in 2017 and based in London, Higher Steaks uses advanced cell culture techniques to produce lab-grown meat products. Their goal is to create sustainable, eco-friendly meat alternatives through cellular agriculture.
7. Lab Farm Foods, Inc. (U.S.)
Founded in 2018 and headquartered in New York, Lab Farm Foods specializes in cultured beef production. The company launched cell-based chicken nuggets and pork liver pâté in 2020, focusing on scaling production and reducing costs.
8. Mosa Meat B.V. (Netherlands)
Founded in 2016 and based in Maastricht, Netherlands, Mosa Meat produces slaughter-free beef burgers using cow cell processing. The company raised $85 million in 2022 to expand its pilot production facility and develop an industrial-sized production line for cultivated meat.
9. Shiok Meats Pte Ltd (Singapore)
Established in 2018 and headquartered in Singapore, Shiok Meats focuses on cultivated crustacean meat. It introduced the world’s first cell-based lobster in 2020 and crab meat in 2021. The company aims to reduce production costs significantly by the end of 2022.
10. SuperMeat The Essence of Meat Ltd. (Israel)
Founded in 2015 in Tel Aviv, SuperMeat produces lab-grown chicken meat. The company focuses on reducing production costs and expanding its seed funding to scale operations. As of 2022, SuperMeat raised $4.2 million in funding over six rounds.
Honorable Mentions: 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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