Cultured meat, otherwise known as cultivated meat or cell-based meat, is an emerging technology area that uses lab-grown animal cells to create meat products without requiring animal slaughter, potentially avoiding the environmental problems of conventional agriculture. Unlike many of today's meat alternatives, cultured meat has the potential to create a product that is completely identical to conventional meat, containing exactly the same cells and tissue.
Over the last five years, cultured meat has grown from almost nothing to over 50 companies racing to bring the first products to market, with over $600 million having been invested in the space. In December 2020, the industry received a major boost when Singapore became the first country in the world to approve cultured meat for commercial sale.
But does the industry have what it takes to disrupt the $1 trillion global market for conventional meat? In this webinar, Dr Michael Dent, a Senior Technology Analyst at IDTechEx who has covered the cultured meat industry for over two years, explores the growing industry around cultured meat and evaluates whether the industry is set to fulfil its potential.
The webinar will include:
- The sustainability issues facing the meat industry and the need for alternatives.
- A definition of cultured meat and how it is produced.
- Investments made into the cultured meat industry.
- An overview of the start-ups in the field.
- A discussion of Singapore's recent approval of cultured meat.
- An evaluation of the challenges and barriers facing the industry.