Next-gen material companies share by technology 2023

According to the source, next-generation materials are made using biomimicry to create high-performance and sustainable alternatives to materials traditionally sourced from animals. Most companies in the industry are using plant-derived inputs to create these materials. Of the 144 next-gen material companies worldwide, over half of them worked with plant-derived materials.

Share of companies researching and developing next-generation materials worldwide in 2023, by technology use

Characteristic	Share of companies
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Release date

February 2024

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Region

Worldwide

Survey time period

December 31, 2023

Supplementary notes

The source defines next-gen materials as "livestock-free direct replacements for conventional animal-based leather, silk, fur, down, wool, and exotic skins, using a variety of biomimicry approaches to replicate the aesthetics and performance of their animal-based counterparts."
The source clarifies that "Not included are business-to-consumer companies that do not develop and create their own materials, but source instead from a material supplier; R&D happening within corporations that is not publicly disclosed; startups in stealth mode; and any other material innovations that do not fall within the definition of next-gen materials [above]"
Some companies work on more than one material.

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