As if the cost to produce cultured meat products isn’t a severe enough hurdle, some state governments have made it almost impossible to enter the market.
For cultured meats to succeed in the market, they will have to prove themselves cost-effective to produce, be as food-safe as their conventional counterparts and gain acceptance from consumers — though some states have already banned FDA-approved cultured meats.
Suppliers to the biopharmaceutical and life science industries are collaborating to jointly drive the go to market and scale-up of cultured meat based on their experience in areas such as bioprocess development, quality control and regulatory compliance.
The company's biology team has reduced the cost of its in-house growth media for bovine cell cultivation in suspension by just over 75% from prices two years ago.
"Canadian Foodtech Trends: Interest and Curiosity in Cellular Food Continues to Grow" is the first of its kind report on the Canadian cellular food industry.
The new product is a result of the company's recently filed patent for 3D-bioprinting technology which allows high levels of marbling control within a consolidated structure.