China in particular, which consumed 86 million tons of meat in 2020, or about 30 percent of global demand, is in urgent need of a cleaner meat supply to meet its carbon goals, says CellX.
But production costs in the nascent industry are still far higher than conventional protein, and analysts say consumers could balk at eating artificially grown meat. Yang declined to comment on current production costs but said the company, founded just last year, was aiming to be cost competitive with animal meat by 2025.A recent McKinsey report estimated cultivated meat could reach cost parity with conventional meat by 2030, as the industry increases scale and fine-tunes research and development.
Pass...
Hahhaah creepy...
Don't eat that! Don't put anything from a Chinese lab in your body. It's a bioweapon.
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