Sunday, October 2

Lab-grown meat is starting to approach traditional prices: a chicken fillet has gone from more than $ 50 to $ 1.70


The first laboratory-created beef burger cost more than $ 330,000, but already in 2019 it was calculated that for this year we would have steaks at 50 dollars. Fortunately, even the most optimistic predictions seem to have fallen short.

Future Meat is the Israeli company that claims to be able to produce laboratory-grown meat at an industrial level. A company that has achieved largest round of financing in the laboratory meat sector with a $ 347 million B round. A huge investment that will help them reduce the costs of meat whose main problem is the enormous price of producing it.

The first lab steak that is relatively affordable in price

Using proprietary technology What they call the “media rejuvenation process”, Future Meats has among its objectives to achieve that laboratory meat is at a price similar to that of obtaining meat through traditional livestock. There is still a clear difference between one and the other, but what in the past was an abysmal difference, is becoming a relatively salvageable difference. From costing more than 10 or 20 times, to costing approximately twice that of traditional meat.

The technique for creating laboratory meat involves extracting cells from live animals and using stainless steel fermenters to remove debris while cells are fed nutrients to proliferate and become tissues and later in edible meat. With this method the company ensures that a yield is achieved up to 10 times higher than that used to date to produce meat in the laboratory, while generating fewer emissions and using much less water than traditional production.

At the moment, only Singapore has approved cultured meat for consumption. However, mainly due to its high price, laboratory meat has not yet reached consumers widely.

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Earlier this year Future Meats announced that the cost of producing a chicken breast was about $ 7.50. In June they opened a new laboratory in Rehovot (Israel) where they reduced the price to about $ 3.90 per fillet. But After several months of testing, the company has reduced the cost to $ 1.70.

According US pricing office data, a traditional chicken breast of 110 grams has a cost of 0.80 dollars. The difference is still high, but the orders of magnitude of these prices are much closer than what we had months ago, not to say years ago.

Future Meats

Laboratorio de Future Meat en Rehovot, Israel.

If we look at the price of a pound (453 g), we have a cost of $ 7.70, for the $ 3.60 of traditional meat. Although, in summer the cost of Future Meats for a pound was about 18 dollars.

In addition to chicken breast, Future Meat has produced burgers, crispy chicken salads, steaks, meat pies and kebab skewers.

Wings

“We have shown that our proprietary media rejuvenation technology enables cell densities in excess of 100 billion cells per liter, which translates into 10 times higher production densities to those of the industrial standard “, explains Yaakov Nahmias, founder of Future Meats and the ‘Alexander Grass Center for Bioengineering’ at the ‘Hebrew University of Jerusalem’, as well as visiting professor at the medical engineering center of the ‘Harvard Medical School’ .

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The company explains that with the financing obtained they have the intention to start full-scale production in the US in 2022. We will see if laboratory-grown meat manages to overcome the challenge of production cost and begins to reach supermarkets, in a way equivalent to how alternative meat based on vegetables (such as Heura or Beyond Meat) has done in recent years .

In Engadget | You can’t revolutionize the kitchen with the texture of a lumpy slime: this is how they try to make cultured meat look like real meat



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