As we enter 2023, we celebrate a decade of progress in the cultured meat industry. Ten years ago, the world was introduced to the first lab-grown burger, and this year, it's possible that American consumers will have the opportunity to taste this revolutionary food for themselves. The end of 2022 saw a major milestone for the industry, with the Food and Drug Administration (FDA) approving a cultured meat product for the first time, a significant step towards commercialization. This approval follows the precedent set in the Singapore market, where Eat Just's 'GOOD Meat' product was approved in 2020. With these promising signals from regulatory bodies, the cultured meat industry is poised for rapid scaling in the coming years.
In this webinar, Technology Analyst Andy Ko will discuss the latest industry updates in the field of cultured meat. We will explore the technology behind cultured meat and look at the drivers and challenges affecting the industry.
This webinar will include:
- Discussion on the value of cultured meat and drivers of the industry
- Notable industry progress and updates
- Key challenges facing the cultured meat industry
- Outlook for cultured meat in 2023 and beyond
This webinar is based on research from IDTechEx's new report "Cultured Meat 2023-2043
" which provides an evaluation of the cultured meat industry based on primary interviews and secondary research. The report discusses the global meat industry and drivers for cultured meat adoption, the chemical and physical make-up of meat, the process of making cultured meat, the current state of the cultured meat industry, and the regulations governing it, alongside profiles of players in the industry. The report contains historic market data from 2021 and market forecasts from 2023 to 2043 segmented into 5 geographic markets.