Categories: Tech NewsTechCrunch+

Cultivated beef companies tout sustainability. Will it lead to marketability?

The market for lab-grown meat, also called cultivated or cell-cultured meat, is expected to reach $1.99 billion by 2035, growing at an annual rate of 21.4%. Beef is poised to be the dominant segment.

The market got a boost last month when the U.S. Food and Drug Administration gave what amounts to a safety blessing to Upside Foods, a cultivated meat product startup, effectively setting in motion what many of these companies have been working toward: accelerated commercialization.

The FDA concluded that it had “no further questions” related to how Upside is producing its chicken made from the cultured cells of animals and said it is working with other cultivated meat companies in other pre-market consultation discussions.

Advertisement

However, cultivated meat continues to struggle with cost, chiefly how expensive it is to make products, which means that having price parity with traditional meat isn’t likely to happen soon. There’s also the all-important perspective of taste: Will people really want to eat these products?

While companies are working on taste, they are also making claims about the sustainability of the cultivated meat industry. A Good Food Institute report from last year showed that cultivated meat production processes could significantly reduce both global warming and land use. For beef, it can be, in some cases, reductions of more than 80% in environmental impact when compared to traditional beef production.

Today, cultivated meat startup SCiFi Foods, which raised $22 million this summer, revealed results from an analysis it conducted with The Ohio State University. It showed that 1 kilogram of its SCiFi burger had a smaller environmental impact than a traditional beef patty.

Advertisement

SCiFi’s burger consists of cultivated beef cells and plant-based ingredients, like water and soy protein isolate, and its production showed an overall greenhouse gas emissions reduction of 88.5%, while reducing energy use by 37.7%, land use by 90.6% and water use by 96.9%, according to a press release.

The company claims it is the first to have a study like this to prove its sustainability claims. SCiFi co-founder and CEO Joshua March told TechCrunch via email that “all previous studies were performed on generic, non-specific cultivated meat (pork, chicken, etc.). This is the first study that clearly lays out and quantifies the sustainable benefits of cultivated beef cells in detail. What makes it even more exciting is the potential for us to make our numbers even more impactful by using renewable sources of energy.”

Cultivated beef companies tout sustainability. Will it lead to marketability? by Christine Hall originally published on TechCrunch

Advertisement
Share
Published by

Recent Posts

How to Handle AJAX GET/POST Requests in WordPress

AJAX (Asynchronous JavaScript and XML) is a powerful technique used in modern web development that…

2 weeks ago

Page Speed Optimization: Post-Optimization Dos and Don’ts

Introduction After successfully optimizing your website for speed, it's essential to maintain and build upon…

3 weeks ago

Ultimate Guide to Securing WordPress Folders: Protect Your Site from Unauthorized Access

Securing your WordPress folders is crucial to safeguarding your website from unauthorized access and potential…

2 months ago

HTML CSS PHP File Upload With Circle Progress Bar

Creating a file upload feature with a circular progress bar involves multiple steps. You'll need…

2 months ago

Using WP Rocket with AWS CloudFront CDN

Integrating WP Rocket with AWS CloudFront CDN helps to optimize and deliver your website content…

2 months ago

Securing phpMyAdmin Like a Pro: Essential Tips and Tricks

Securing phpMyAdmin is crucial to prevent unauthorized access and protect your databases. Here's a guide…

9 months ago