Meat substitutes go by different names like meat analogues, alternative protein, cell-based meat, cultured meat, artificial meat, and clean meat, among other names. Advancements in science and technology, and new food formulations are driving the development of meat analogues and their production methods. Market TrendsThe global plant-based meat analogue market is estimated to be approximately 8.5 billion dollars in 2023. Meat Analogues Patent InsightsMeat analogues can be broadly categorized into plant-based meat and cultured meat. of patents filed) in meat analogues and plant-based meat space is on the rise since 2010, with a notable spike after 2019.
Source: Economic Times August 08, 2023 15:18 UTC