Research by Barclays has found that rising consumer demand for alternative meat products will cause the market to expand tenfold over today . With companies currently developing a range of techniques designed to replicate the taste and texture of traditional meat products, such as through extrusion, one printing and cellular agriculture, the market will grow from a 10% market share worth $ 14bn today to a 10% market share worth $ 14bn by the next decade , according to the report.
Research by Barclays has found that rising consumer demand for alternative meat products will cause the market to expand tenfold over the next decade. With companies currently developing a range of techniques designed to replicate the taste and texture of traditional meat products, such as through extrusion, 3D printing and cellular agriculture, the market will grow from a 1% market share worth $14bn today to a 10% market share worth $140bn by 2029, according to the report.