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
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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Material Innovation Initiative. (February 27, 2024). Share of companies researching and developing next-generation materials worldwide in 2023, by technology use [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1312220/next-generation-material-companies-number-by-tech/
Material Innovation Initiative. "Share of companies researching and developing next-generation materials worldwide in 2023, by technology use." Chart. February 27, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1312220/next-generation-material-companies-number-by-tech/
Material Innovation Initiative. (2024). Share of companies researching and developing next-generation materials worldwide in 2023, by technology use. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1312220/next-generation-material-companies-number-by-tech/
Material Innovation Initiative. "Share of Companies Researching and Developing Next-generation Materials Worldwide in 2023, by Technology Use." Statista, Statista Inc., 27 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1312220/next-generation-material-companies-number-by-tech/
Material Innovation Initiative, Share of companies researching and developing next-generation materials worldwide in 2023, by technology use Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1312220/next-generation-material-companies-number-by-tech/ (last visited November 10, 2024)
Share of companies researching and developing next-generation materials worldwide in 2023, by technology use [Graph], Material Innovation Initiative, February 27, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1312220/next-generation-material-companies-number-by-tech/
