Cultivated Meat: From a $330,000 Burger to the Future of Food
2024-12-16
From Winston Churchill's 1931 prediction to the world's first lab-grown burger in 2013, the cultivated meat industry has overcome challenges to become a booming sector. The initial high cost (the first burger cost $330,000) fueled innovation, leading to over 100 companies worldwide investing a total of $2.6 billion. Technological advancements have reduced costs, such as serum-free growth media, and increased efficiency with innovations like PluriMatrix. Regulatory approvals in countries like the US and Singapore are paving the way for wider adoption, though mainstream acceptance is projected to take 20-30 years.