CJ Cheil Jedang ties up with Kcell to produce alternative meat
CJ Cheil Jedang, a key subsidiary of South Korea’s food and entertainment conglomerate CJ Group, secured a springboard for its business expansion in the alternative meat market through strategic ties with a major cell culture media producer. South Korea has been heavily dependent on imported cell culture media.
Cell culture media is a key raw material for cultured meat which is produced by in vitro cell culture of animal cells. The production of cultured meat used to be expensive, but costs have been lowered through technological advancements.