The Future Of Meat Production

by | Dec 16, 2020

The World Economic Forum, Wall St., Bill Gates, big food, venture capital, The Rockefeller Foundation – they are all in. Like it or not, this is the future of meat production.

At Food Dive

2020 12 16 08 20
  • Facebook
  • Twitter
  • Pinterest
  • reddit
  • LinkedIn
  • Buffer

The beginning of the next big thing

Analysts have said this is the beginning of a sea change in how the world gets its meat.

Strategy and management consulting firm Kearney published a report predicting that by 2040, 35% of all meat consumed worldwide will be cell-based. About 40% will be conventional meat, and 25% will be plant-based alternatives. Corey Chafin, a principal in the firm’s consumer practice, said this is based on projections that have little to do with the current advances in this field. As it wrote the report, Kearney concentrated on factors including global population estimates, food needs for people and livestock, and resource challenges.

  • Facebook
  • Twitter
  • Pinterest
  • reddit
  • LinkedIn
  • Buffer
Memphis Meats

The report indicates that in 2018, the largest chunk of crops harvested worldwide — 46% — went toward animal feed. Human food took just 37% of the harvest. And as the human population is expected to be 10 billion by 2050 — an increase of 2.5 billion from 2018 — food and space needs will increase, but the amount of land will stay the same. The report finds that cell-based meat could solve these problems through efficient production of food that is less resource- and space-intensive.

“Cultured meat is not just a trendy thing that you go try once or twice, but it’s actually a pathway to continuing to feed a growing population in certain areas of proteins, where we see animal-based meat being constrained in the future,” Chafin said.

But will consumers want to eat meat that came out of a bioreactor? According to a 2018 online survey from PR firm Ingredient Communications, almost three in 10 consumers in the U.S. and U.K. were willing to try the products. A third of consumers weren’t sure, while 38% said they would not.

“I hope that the biggest meat companies … read this and say, ‘We’re going to get in this now. Now, we’re going to turn our attention, our vast capital resources, our infrastructure, our manufacturing prowess, our distribution capacity. And this is how we want to make meat.’ Because I think ultimately you need that kind of energy into it if you’re really going to change things.”

Josh Tetrick

CEO, Eat Just

About Steven Woskow

Steve Woskow is an entrepreneur and was President of Agtech Products, Inc., a research and development company specializing in animal agriculture. He has a Ph.D. in Nutrition and Food Science from Iowa State University. He is retired and lives with his family in Northern Nevada.

Our Books

thisone

Related Articles

Related

RIP Michael Badnarik

I am told this morning that Michael Badnarik died in his sleep of heart failure last night. Michael was a great believer in and defender of freedom and the United States of America and its Constitution. He represented the Libertarian Party as presidential candidate...

read more

Pin It on Pinterest

Share This