This report offers unique insight into a ground-breaking year for the plant-based food industry. GFI’s industry-leading analysis delves into retail sales data, new product development, investment analytics, scientific and technical advancements, consumer insights, regulatory developments, and more.
Soon, people will likely be able to buy cell-cultured meat. To make it, food animals are biopsied and their cells banked, or stored, for use. Then the meat is grown from the cells, harvested, and made into food products. Specifics on the process and the composition of the final product aren’t publicly available.The FDA and USDA are responsible for food safety and have started oversight work on cell-cultured meat. But they haven’t followed all leading practices for interagency collaboration. Improving how they work together can help them use their resources more efficiently.Our recommendations address this and other issues we found.
Hugh Whittall, Director of the Nuffield Council on Bioethics, said the group is calling for ‘clear marketing and labelling about the ingredients, nutritional content and processes involved, as well as transparency in the sources of ingredients and their sustainability, so that people can make informed choices about what they’re buying’.
Synthetic meat is produced by in vitro animal cell culture through tissue engineering techniques. The synthetic (cultured) meat is produced by accumulating cells from an animal and developing them in an enriched and favorable medium. The final meat produced is thus free from any of the harmful organism as it is grown in aseptic and strictly controlled environment. Hence, the cultured meat can be the answer to increasing meat consumption projections with the added bonus of reducing the negative effects of conventional meat agriculture and production. Thus, the global synthetic (cultured) meat market is expected to rise at a CAGR of REDACTED during the forecast period.