A staggering 60 percent of the meat consumed in 2040 will not come from dead animals, according to a new report.

The report, by global consultancy AT Kearney, predicts that 35 percent of meat will be lab-cultured and 25 percent will be vegan alternatives.

Talking about the rise of vegan meat alternatives, the report says: "No animal ingredients are required as these products are completely made of plant-based inputs.

Companies such as Beyond Meat, Impossible Foods and Just Foods that use plant ingredients to create replacement burgers, scrambled eggs, and other products are growing rapidly.