Is the world ready for lab-grown meat?

Do people want to eat lab-grown meat? A new study, for which I was a peer-reviewer, is the first to rigorously assess consumer interest in plant-based and “clean meat” (also known as lab-grown or cultured meat) in the US, India and China. The study found “high levels of acceptance” in all three countries and “significantly higher acceptance” in India and China, where 86% and 93% respectively reported being at least “somewhat likely” to purchase clean meat.

Chris Bryant, the lead author on the study in the journal Frontiers in Sustainable Food Systems, told me, “Across the world’s three most populous countries, consumers want plant-based and clean meat. The opportunities for innovators to change the meat industry in these countries are there.”

Companies are beginning to capitalize on these opportunities. Earlier this week, Motif Ingredients announced that it had raised $90m in funding, the largest Series A round ever for a food technology company. This makes Motif the largest company focused on cellular agriculture – the new industry creating animal products without animal farming. This is no surprise given Motif is a spin-off of Ginkgo Bioworks, a huge player in synthetic biology, and funded by organizations like Breakthrough Energy, which includes Bill Gates, Richard Branson and Vinod Khosla.

Read the full story.

Follow us on social media for the latest updates in B2B!

Image

Latest

data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

Read More
On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

Read More
modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

Read More
semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

Read More