“Clean meat” company Future Meat Technologies anticipate they can bring the price of lab-grown, “meatless” meat down to approximately $8 per kg [$4 per pound]. The process involves obtaining mesenchymal stem cells from the animal and differentiating the stem cells into both muscle and fat tissues, which are indistinguishable from those found in standard meat. The meat cooks, tastes and smells exactly like anything you’d get from an animal- however, the biggest hurdle has been its high price. Future Meat Technologies looks to overcome this hurdle by bringing costs down, by differentiating stem cells more efficiently and scaling up production.
China is investing around $300 million into clean tech companies producing environmentally friendly, lab-grown meats. The process, in which stem cells are taken from a live animal and differentiated into meat-tissue without harming the animal, has been gaining ground, with 8 companies around the world working to bring accessible, and far less wasteful, protein to the public. “Clean meat” advocates project that the processes utilizes a tenth of the resources and land that the livestock industry currently uses, and contributes less to global pollution. Recent data by the UN Food and Agriculture Organization states that 14.5 % of all greenhouse gas emissions, which contribute to global warming, come from the livestock industry, and lab-grown meat aims to change that. “There’s no better way to combine [fighting climate change, pollution and food safety issues] than by developing and scaling clean meat,” says Peter Verstrate, CEO of the clean meat company, Mosa Meat.