The largest U.S. meat producer Tyson Foods is partnering with an Israeli biotech company to develop meat in a lab. Future Meat Technologies is focused on bringing cultured meat into the commercial atmosphere.
Tyson foods invested 2.2 Million dollars into the Israeli biotech company Future Meat Technologies. Cultured meat takes animals out of the equation and grows meat in a lab by producing fat and muscle cells which are the core building blocks of meat.
The Israeli startup is one of several other companies working to eliminate animals from the process, another organization interested in creating lab-grown meat is Memphis Meats.
Partially, the purposed reason for developing an additional method to food production is the fact that the world’s population will surpass nine billion people rather soon and that food production requirements for livestock are expected to soar.
Fake meat, cultured meat, use ninety-six percent fewer greenhouse gases and roughly ninety percent less water. Cultured meat could virtually eliminate the land requirements needed to raise livestock.
Cultured meat previously cost about $10,000 per kg but the Israeli startup, in conjunction with other companies, have reduced that to about $800 per kg. The goal by 2020 is to reduce the cost to about $5-$10 per kg.
With the goal of reducing the effects of greenhouse gasses, the cultured meat could be an alternative to consuming bugs as was suggested by the United Nations as a means to reduce the effects of harmful CO2.