By Stacie Adams
With the U.S. Department of Agriculture’s June 2023 approval of lab-grown meat, many consumers may be wondering when the stuff will begin making its way to popular fast food chains like McDonald’s. Mike Haracz, former Manager of Culinary Innovation for the Golden Arches, told customers that they shouldn’t hold their breath waiting for the switch via TikTok. Haracz stated it’s highly unlikely that McDonald’s will be selling artificial meat products any time soon, primarily due to the cost of such products.
Consider that lab-grown meat can sometimes cost approximately $17 per pound, while the 2023 average cost of beef per pound is $4.92. Such a substantial markup would drastically reduce sales at McDonald’s, which means the restaurant has very little incentive to make the switch. Also, beef is readily available, while approved lab-grown meat is only available from two companies. Even if the chain wanted to incorporate these products into its menus, it would be extremely challenging to do so based on the lack of access.
Price is one of the major roadblocks with lab-grown meat
Chef Mike Haracz definitely sees the value in lab-grown meat, especially when it comes to people who abstain from eating meat due to ethical concerns about how animals are treated. In this case, Haracz believes that artificial meat might be a good thing, as it would allow another segment of diners to enjoy McDonald’s burgers without feeling conflicted. However, Haracz also adds that those who are wholly opposed to animal products are unlikely to be swayed by the fact that the meat is grown in a lab.
Despite these potential benefits, Haracz believes that the high cost of lab-grown meat products will remain an obstacle for McDonald’s and other fast food establishments. He mentions the deals that the restaurant gets when it purchases beef and surmises that these great prices will not be available with lab-grown beef. Haracz also cites pressure from the beef industry, which will likely use its influence to dissuade McDonald’s and other establishments from using meat that comes from non-traditional sources.
** Click here to read the full-text **