Lab-grown meat firms attract sixfold increase in investment

Funding soared in 2020, while study shows 80% of people are open to eating meat grown in bioreactors

The nascent industry growing real meat in bioreactors had a record-breaking year in 2020, with investment growing sixfold and dozens of new companies being founded.

A study also indicates that 80% of people in the UK and US are open to eating meat produced in a factory rather than a field, with the researchers concluding that cultivated meat is likely to be widely accepted by the general public.

Cultivated meat can produce significantly lower climate-heating emissions than meat from methane-burping cattle and other livestock, and also requires much less land and water. Cutting today’s overconsumption of conventional meat in rich countries is seen as vital in tackling the climate crisis.

The companies are developing commonly eaten meat, such as chicken and beef, but also tuna, lobster, horse and kangaroo. The products are produced in sterile facilities without antibiotics, thereby reducing the risk posed to human health by antibiotic resistance.

The Good Food Institute (GFI), a charity focused on sustainable proteins, found in its annual industry report that cultivated meat companies received more than €300m in investment in 2020, and the number of companies grew by 43% to 76.

It said several companies were moving out of the lab and into facilities capable of producing thousands of kilograms of meat a year. These include Mosa Meat in the Netherlands, whose founder produced the first lab-grown beef burger in 2013.

“Early moves were driven by the promise of cultivated meat – real meat with a fraction of the adverse climate impact and with no contribution to antibiotic resistance or pandemic risk – but no one knew whether the world was ready. Now we know,” said Bruce Friedrich, the executive director of GFI.

Plant-based alternatives to meat, such as the Beyond Burger, have reached the mass market, while cultivated meat will not be widely available for at least a few years. However, the backers of cell-based meat believe its authentic taste will give it an advantage and the world’s biggest conventional meat companies, such as Tyson and Cargill, are big investors in the sector.

Cultured meat was approved for sale for the first time in November in Singapore. A recent report suggested such meat would remain more expensive than regular meat until the early 2030s, but that Europe and North America could reach “peak meat” by 2025 thanks to plant-based alternatives. An analysis in 2019 suggested most meat would not come from slaughtered animals by 2040.

Acacia Smith, a policy manager at GFI Europe, said: “The cultivated meat sector had a record-breaking year in 2020. But it’s notable that much of this progress has been happening outside Europe.

“To stand a chance of meeting their climate targets and ending deforestation, governments must invest in the open-access research we need to make cultivated meat accessible and affordable.”

The research on attitudes to cultivated meat is published in the journal Foods and examined the views of 4,000 representative consumers, half in the UK and half in the US. “We found a high level of openness – 80% – in both the US and UK populations, with 40% highly likely to try and 40% somewhat or moderately likely to try,” the researchers said.

Younger generations had the greatest openness. More than 85% of those under 39 years old said they were likely to try cultivated meat. About 75% of those in older age groups said the same. On average, people said they expected cultivated meat could make up about 40% of their future meat intake.

“The results suggest that cultivated meat is likely to be widely accepted by the general public, especially the younger generations and an eager group of early adopters who appreciate its benefits,” said Keri Szejda, at Arizona State University in the US, who led the study. “These groups tend to need little encouragement to try new food innovations,”

The study was funded by Aleph Farms, an Israeli company that revealed the world’s first lab-grown steak in December 2018. Didier Toubia, the chief executive, said: “The long-term vision is to provide a better alternative to industrial livestock farming, which represents approximately 70% of global meat production today.”

GFI’s report says fundamental technological breakthroughs are not necessary to produce mass-market cultivated meat, but that engineering challenges remain to keep reducing costs.

Earlier in May, Israel’s Future Meat said it had halved the production costs of its cultivated chicken breast in the past four months, from $7.50 to $4. The company expects the cost to drop below $2 within 18 months.

Contributor

Damian Carrington Environment editor

The GuardianTramp

Related Content

Article image
UN expert calls for tax on meat production
People could be deterred from eating meat by increasing its price further up the supply chain, stemming rise in consumption and environmental damage

Adam Vaughan in Nairobi

25, May, 2016 @2:15 PM

Article image
Reach ‘peak meat’ by 2030 to tackle climate crisis, say scientists
Reducing meat and dairy consumption will cut methane and allow forests to thrive

Damian Carrington Environment editor

12, Dec, 2019 @6:21 AM

Article image
Lab-grown meat firms say post-Brexit UK could be at forefront
Technology, touted as low-carbon, faces long regulation process in EU but industry hopes UK will expedite approval

Arthur Neslen

19, May, 2022 @2:00 PM

Article image
No-kill, lab-grown meat to go on sale for first time
Singapore’s approval of chicken cells grown in bioreactors is seen as landmark moment across industry

Damian Carrington Environment editor

02, Dec, 2020 @12:01 AM

Article image
UK health professions call for climate tax on meat
Food with heavy environmental impact should be taxed by 2025 unless food industry acts voluntarily, says alliance

Damian Carrington Environment editor

04, Nov, 2020 @7:00 AM

Article image
Organic meat production just as bad for climate, study finds
Analysis also found the lowest impact meat was still far more damaging than the worst plant foods

Damian Carrington Environment editor

23, Dec, 2020 @10:42 AM

Article image
Caroline Lucas urges parliament to 'seriously consider' tax on meat
Exclusive: Green MP will tell Oxford Farming Conference UK must prioritise sustainability

Fiona Harvey and Bibi van der Zee

04, Jan, 2019 @6:00 AM

Article image
Plant-based meat by far the best climate investment, report finds
Exclusive: Non-animal proteins can play critical role tackling climate crisis, says Boston Consulting Group

Damian Carrington Environment editor

07, Jul, 2022 @4:00 PM

Article image
How can the UK reduce meat consumption and cut emissions?
There’s a slight downward trend in meat-eating but figures are still high. So what more can be done?

Phoebe Weston

16, Aug, 2022 @12:27 PM

Article image
Meat tax ‘inevitable’ to beat climate and health crises, says report
‘Sin taxes’ to reverse the rapid global growth in meat eating are likely in five to 10 years, according to a report for investors managing over $4tn

Damian Carrington Environment editor

11, Dec, 2017 @11:55 AM