Quotes from BioProcess International, November 22, 2023
The US Department of Agriculture reports that, on an annual basis, approximately 46 million turkeys are consumed as part of the Thanksgiving feasts. However, the situation could potentially undergo a significant transformation in the near future due to the emergence of cell-cultured meat production, which is being propelled by prominent bioprocess vendors.
According to a report by MarketsandMarkets, the production of cell-cultured meat is experiencing a significant increase, and it is projected that the sector will reach a value of $1.1 billion by 2034. Despite being outside BioProcess Insider’s usual coverage, several life science companies have started exploring cell-cultured meat research and manufacturing due to equipment and expertise similarities.
The topic of sustainability and environmental challenges is being widely discussed across various sectors, and this includes the domain of livestock farming. By reducing greenhouse gas emissions, water consumption, land use, and the overall environmental footprint linked to production compared to traditional methods, the creation of cultured meats is believed to tackle these complexities.
As of now, the only countries where cultivated meat has been approved for human consumption are Singapore and the US. While some regions are actively rallying for its development, there are others who are resistant due to concerns about its potential impact on local farmers.
In a recent decision, Italian Members of Parliament (MPs) came together this week and voted in favor of a new law aimed at banning the production, sale, and importation of cultivated meat. The main objective behind this legislation is to protect and preserve what they consider to be an integral part of Italian tradition.
Despite the fact that major pharmaceutical companies have not yet ventured into the production of cell-cultured meat, companies like Thermo Fisher Scientific, Merck KGaA, and Multus Biotechnology are taking the initiative to expand their research and product offerings in order to meet the demands of the cell-cultured meat market.