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Cultured Meat Market Expansion
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Overview
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The cultured meat market is projected to expand at a CAGR of 51.90% from 2023 to 2032, driven by factors like the rise in vegans and technological advancements. Major companies include Fork Goode and BlueNalu, while the North American market dominates, particularly in the United States and Canada. Europe also holds a significant market share, with Germany and the United Kingdom leading.
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How might regulatory challenges affect the development of cultured meat and its acceptance by consumers?
How might the expansion of the cultured meat market impact traditional meat production and consumption?
What are the potential implications of the rise in vegans on the overall meat industry?
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