Cell-Cultured Leather Market Size and Forecasts (2020 – 2030)

Cell-Cultured Leather Market Size and Forecasts (2020 – 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Application (Automotive, Footwear, Luggage and Bags, Apparel, and Others)

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Description

The cell-cultured leather market size was valued at US$ 4.05 million in 2022 and is expected to reach US$ 8.15 million by 2030; it is estimated to register a CAGR of 9.1% from 2022 to 2030.

Cell-cultured leather is made from different materials, such as yeast cells, bio-based scaffolds, collagen, and bioreactors. The players in the cell-cultured leather market use their patented technology to make cell-cultured leather. Cell-cultured leather finds in application in automotive, footwear, luggage and bags, apparel, and other applications. Further, the global cell cultured leather market is highly competitive. There are few entry barriers in the cell cultured leather market for new entrants. Entry barriers such as the requirement of initial capital investments, high competition from existing players, and high technology costs significantly affect the entry decisions of new market players. Furthermore, the availability of substitute products in the market can threaten a company’s market position and product offerings. There are many substitute products for cell cultured leather, such as traditional leather, synthetic leather made from polyurethane, polyvinyl chloride, and bio-based materials, mycelium-based leather, and others. Thus, the availability of substitute products for cell-cultured leather affects the market growth.

Based on application, the global cell-cultured leather market is segmented into automotive, footwear, luggage and bags, apparel, and others. The cell-cultured leather market share for the apparel segment was recorded to be the largest in 2022. Automotive is second major application segment of the cell-cultured leather market. A large amount of fossil fuel is consumed by the automotive industry, which contributes massively to climate change. But, in recent years, various automotive manufacturers across the globe have begun to offer sustainable alternatives in their vehicles as a result of increased consumer demand and attention to climate change. All these factors are expected to drive the demand for cell-cultured leather from the automotive industry.

Based on geography, the global market is segmented into regions such as North America, Europe, Asia Pacific, and the Rest of the World. In 2022, North America held the largest global cell-cultured leather market share. The factors driving the cell-cultured leather market growth in North America are the rising demand for footwear, luggage, and bags, as well as clothing products, and a growing focus on using sustainable products. Different companies and brands from North America are focusing on developing sustainable products in response to the rising consumer demand for sustainable products. In addition, the rising awareness about the traditional leather manufacturing process is also fueling the market growth in the region. Several livestock animals are slaughtered in order to obtain leather through conventional methods. Moreover, raising these animals requires a lot of resources in terms of land and water. Cattle rearing is responsible for a significant percentage of global greenhouse gas emissions every year. The tanning process is also highly polluting, in which animal skins and hides are treated to produce leather.

A few key players operating in the cell-cultured leather market are VitroLabs Inc, MODERN MEADOW, and Qorium. Players operating in the market focus on research and development activities to produce high-quality products to fulfill customer demand from various application industries. For instance, In 2022, VitroLabs Inc raised US$ 46 million to build and scale the world’s first pilot production of cell-cultivated leather. Moreover, In 2021, Qorium raised € 2.6 million (US$ 2.75 million) to expand research and development to scale up its cell-cultured collagen-based leather technology. In addition, in 2023, Modern Meadow raised Series D funding. The funding is led by Astanor Ventures, Horizons Ventures, and Key Partners Capital, which will support Modern Meadow to continue its innovation.

The overall global cell-cultured leather market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the cell-cultured leather market.

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The scope of our recent study on the “Cell-Cultured Leather Market Forecast to 2028 – Global Analysis – by Application” includes the factors fueling the market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.

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The cell-cultured leather market size was valued at US$ 4.05 million in 2022 and is expected to reach US$ 8.15 million by 2030; it is estimated to register a CAGR of 9.1% from 2022 to 2030.

The demand for cell cultured leather in applications such as automotive, footwear, luggage and bags, apparel, and others is expected to grow due to the growing preference for using more sustainable and cruelty-free leather. Governments across the globe are also supporting the development of sustainable materials. Various companies and organizations are also providing funding to start-ups to support them.

Based on application, the global cell-cultured leather market is segmented into automotive, footwear, luggage and bags, apparel, and others. The global cell-cultured leather market share for the apparel segment was the largest in 2022. In the apparel industry, jackets, coats, pants, shirts, etc. can be made from cell-cultured leather. Cell-cultured leather also finds application in making products such as satchels, backpacks, drawstring bags, and purses. In recent years, the demand for sustainable products has increased considerably. Consumers are becoming increasingly aware of the traditional leather manufacturing process and its environmental impacts. Thus, they are focusing on preventing animal cruelty while maintaining a trendy lifestyle by choosing cruelty-free and sustainable luggage and bags made from cell-cultured leather, bio-based leather, and other materials.

The global cell-cultured leather market is segmented into regions such as North America, Europe, Asia Pacific, and Rest of the World. The major factors driving the demand for cell-cultured leather in these regions are rising awareness about the traditional leather manufacturing process, the growing focus of different companies to develop sustainable products, and the rising consumer demand for sustainable products. North America held the largest revenue share of the global cell-cultured leather market in 2022. Europe is another major region for the cell-cultured leather market. The rapid growth of demand for sustainable products in European countries such as France, the UK, Germany, and Italy offers a huge market growth potential for the cell-cultured leather market. Various luxury fashion brands such as Hermes and Balenciaga are championing leather alternatives, providing opportunities for the cell-cultured leather market growth.

The report includes the segmentation of the global cell-cultured leather market as follows:

The global cell-cultured leather market is bifurcated on the basis of application and geography. Based on application, the cell-cultured leather market is segmented into automotive, footwear, luggage and bags, apparel, and others. By geography, the cell-cultured leather market is segmented into North America, Europe, Asia Pacific, and Rest of the world.

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Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Lung Cancer Screening Market – by Technology
1.3.2 North America Lung Cancer Screening Market – by Cancer Type
1.3.3 North America Lung Cancer Screening Market – by Age Group
1.3.4 North America Lung Cancer Screening Market – by End User
1.3.5 North America Lung Cancer Screening Market – by Country
2. North America Lung Cancer Screening Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Lung Cancer Screening Market – Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Expert’s Opinion
5. North America Lung Cancer Screening Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Lung Cancer Incidences
5.1.2 Increasing Government Support
5.2 Market Restraints
5.2.1 High Cost of Lung Cancer Screening Tests
5.3 Market Opportunities
5.3.1 Structured Lung Cancer Screening Program
5.4 Future Trends
5.4.1 Use of Cutting-Edge Technologies
5.5 Impact Analysis
6. Lung Cancer Screening Market – North America Analysis
6.1 North America Lung Cancer Screening Market Revenue Forecast and Analysis
7. North America Lung Cancer Screening Market – Revenue and Forecast to 2028 – By Cancer Type
7.1 Overview
7.2 North America Lung Cancer Screening Market Revenue Share, by Cancer Type 2022 & 2030 (%)
7.3 Non–Small Cell Lung Cancer (NSCLC)
7.3.1 Overview
7.3.2 Non–Small Cell Lung Cancer (NSCLC): North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Mn)
7.4 Small Cell Lung Cancer
7.4.1 Overview
7.4.2 Small Cell Lung Cancer: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Lung Cancer Screening Market Analysis – by Technology
8.1 Overview
8.2 Low-Dose Computed Tomography (LDCT)
8.2.1 Overview
8.2.2 Low-Dose Computed Tomography (LDCT): North America Lung Cancer Screening Market– Revenue and Forecast to 2030 (US$ Million)
8.3 Chest X-ray
8.3.1 Overview
8.3.2 Chest X-ray: North America Lung Cancer Screening Market– Revenue and Forecast to 2030 (US$ Million)
8.4 Liquid Biopsy
8.4.1 Overview
8.4.2 Liquid Biopsy: North America Lung Cancer Screening Market– Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Lung Cancer Screening Market– Revenue and Forecast to 2030 (US$ Million)
9. North America Lung Cancer Screening Market Analysis – by Age Group
9.1 Overview
9.2 & Older
9.2.1 Overview
9.2.2 & Older: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Below 50
9.3.1 Overview
9.3.2 Below 50: North America Lung Cancer Screenings Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Lung Cancer Screening Market Analysis – by End User
10.1 Overview
10.2 Hospitals
10.2.1 Overview
10.2.2 Hospitals: North America Lung Cancer Screenings Market – Revenue and Forecast to 2030 (US$ Million)
10.3 Diagnostic Centers
10.3.1 Overview
10.3.2 Diagnostic Centers: North America Lung Cancer Screenings Market – Revenue and Forecast to 2030 (US$ Million)
10.4 Others
10.4.1 Overview
10.4.2 Others: North America Lung Cancer Screenings Market – Revenue and Forecast to 2030 (US$ Million)
11. North America Lung Cancer Screening Market – Revenue and Forecast to 2028 – Country Analysis
11.1 North America Lung Cancer Screening Market Overview
11.1.1.1 US: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.1.1 Overview
11.1.1.1.2 US: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.1.3 US: North America Lung Cancer Screening Market, by Cancer Type, 2020-2030 (US$ Million)
11.1.1.1.4 US: North America Lung Cancer Screening Market, by Technology – Revenue and Forecast to 2030 (US$ Million)
11.1.1.1.5 US: North America Lung Cancer Screening Market, by Age Group, 2020-2030 (US$ Million)
11.1.1.1.6 US: North America Lung Cancer Screening Market, by End User, 2020-2030 (US$ Million)
11.1.1.2 Canada: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.2.1 Overview
11.1.1.2.2 Canada: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.2.3 Canada: North America Lung Cancer Screening Market, by Cancer Type, 2020-2030 (US$ Million)
11.1.1.2.4 Canada: North America Lung Cancer Screening Market, by Technology – Revenue and Forecast to 2030 (US$ Million)
11.1.1.2.5 Canada: North America Lung Cancer Screening Market, by Age Group, 2020-2030 (US$ Million)
11.1.1.2.6 Canada: North America Lung Cancer Screening Market, by End User, 2020-2030 (US$ Million)
11.1.1.3 Mexico: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.3.1 Overview
11.1.1.3.2 Mexico: North America Lung Cancer Screening Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.3.3 Mexico: North America Lung Cancer Screening Market, by Cancer Type, 2020-2030 (US$ Million)
11.1.1.3.4 Mexico: North America Lung Cancer Screening Market, by Technology – Revenue and Forecast to 2030 (US$ Million)
11.1.1.3.5 Mexico: North America Lung Cancer Screening Market, by Age Group, 2020-2030 (US$ Million)
11.1.1.3.6 Mexico: North America Lung Cancer Screening Market, by End User, 2020-2030 (US$ Million)
12. North America Lung Cancer Screening Market–Industry Landscape
12.1 Recent Growth Strategies
12.1.1 Overview
13. Company Profiles
13.1 Intelerad Medical Systems
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Nuance Communications Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 GE HealthCare
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Medtronic
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Canon Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Koninklijke Philips NV
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Siemens AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 CVS Health
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 bioAffinity Technologies, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 LungLife AI, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About
14.2 Glossary of Terms

LIST OF TABLES

Table 1. Global Cell-Cultured Leather Market Segmentation
Table 2. Global Cell-Cultured Leather Market Revenue and Forecasts To 2030 (US$ Thousand)
Table 3. Global Cell-Cultured Leather Market Revenue and Forecasts To 2030 (US$ Thousand) – Application

LIST OF FIGURES

Figure 1. Global Cell-Cultured Leather Market Segmentation, By Geography
Figure 2. Ecosystem: Global Cell-Cultured Leather Market
Figure 3. Global Cell Cultured Leather Market – Porter’s Five Forces Analysis
Figure 4. Global Cell-Cultured Leather Market Impact Analysis of Drivers and Restraints
Figure 5. Global Cell-Cultured Leather Market Revenue (US$ Thousand), 2020 – 2030
Figure 6. Global Cell-Cultured Leather Market Share (%) – Application, 2022 and 2030
Figure 7. Automotive Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 8. Footwear Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 9. Luggage and Bags Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 10. Apparel Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 11. Others Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 12. Global Cell-Cultured Leather Market Breakdown by Geography, 2022 and 2030 (%)
Figure 13. North America Cell-Cultured Leather Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 14. Europe Cell-Cultured Leather Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 15. Asia Pacific Cell-Cultured Leather Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 16. Rest of the World Cell-Cultured Leather Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 17. Heat Map Analysis By Key Players
Figure 18. Company Positioning & Concentration

The List of Companies – Cell-Cultured Leather Market 
– VitroLabs Inc
– MODERN MEADOW
– Qorium
–  

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