Tag Archives: Animal rights

23Jun/23

Cultivated Chicken Has Been Approved in the USA – IDTechEx Examines What’s Next for the Cultured Meat Industry

The cultured meat industry passed a key milestone in June 2023 – two companies, GOOD Meat and UPSIDE Foods, received approval to begin the commercialization of their cultivated chicken products in the USA. Cultivated meat, or cultured meat, refers to meat products produced from lab-grown animal cells and is proposed as a solution for some of the environmental and ethical issues associated with meat consumption. IDTechEx have been following the cultured meat industry for the past four years, and in its most recent report, Cultured Meat 2023–2043, forecasts the market to exceed US$13 billion by the year 2043. So, with this key milestone of US regulatory approval achieved, what is next for the industry over the next few years? Continue reading