International

Clean meat is ready to take on the restaurant businesses in 2 years

Products

Food technology companies are on the verge to disturb a market worth one trillion dollars

Posted on Jan 19 ,07:00

Clean meat is ready to take on the restaurant businesses in 2 years

 

Clean meat (lab grown meat) it will be present on dinner tables in restaurants by 2020, predicts Mosa Meat’s scientific officer Mark Post and chief executive officer Peter Verstrate.

The Dutch company was the first to launch a very first clean meat burger just about 4 years ago. By that time, the Mosa Meat burger had a staggering cost of 420 dollars and, despite the texture of the product, it didn’t yet have the flavor or color of a traditional burger, reported One Green Planet magazine.

By now, three other competitors have entered the race to produce clean meat as a substitute for the real animal product encouraged by the reports on the environmental effects of the industrial animal agriculture and the rate of growing population across the globe.

Still, Mosa Meat representatives hope that the company will deliver the Burger 2.0 in 2 years as the tests on the product look promising enough to complete this promise.

The news could represent a blow to the traditional meat industry as the value of the market is estimated at 1 trillion dollars and the clean meat products could be alternative for vegans and usual meat eaters alike.

As for the competition in the field, represented by companies like Hampton Creek, Memphis meats and SuperMeat, Peter Verstrate doesn’t seem to care that much. “The global meat market is worth over one trillion dollars. Four companies in a shared field is not an issue”, he told the Food Navigator magazine.

 (Photo source: Max Pixel)

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

NORWAY

Decline in seafood exports in the first quarter

"Thanks to a weak Norwegian krone and high prices, export value grew in January and February. How...


Read more Read more
SPAIN

El Pozo Alimentacion presents its new gourmet range: La Croqueteria

El Pozo Alimentación launches a new line of gourmet products to continue betting on qualit...


Read more Read more
NEW ZEALAND

B+LNZ launches limited-time beef and lamb menu at premium Shanghai bistros

B+LNZ in partnership with well-known Shanghai bistro restaurant chain, Alimentari, launched a lim...


Read more Read more
Websolutions by Angular Software and SpiderClass