The US$280,000 lab-grown burger could be a more palatable US$10 in two years

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Lab-grown meat, first introduced to the world six years ago in the form of a US$280,000 hamburger, could hit supermarket shelves at US$10 a patty ...

Biotech Foods co-founder Mercedes Vila also highlighted the importance of moving from lab to factory.She said the average cost of producing a kilogram of cultured meat is now about 100 euros, significantly below the US$800 cited a year ago by Future Meat Technologies, an Israeli biotech company that has received funding from U.S. meat processor Tyson Foods .

Liz Specht, associate director at the Good Food Institute market research firm that focuses on meat alternatives, said in a white paper this year that it was likely that cell-based meat would achieve price parity with conventional meat once production is on an industrial scale. But John Lynch, an environmental scientist at the University of Oxford, said it remains unclear whether scalable lab-grown meat production can really convert energy and nutrients into meat more efficiently than conventional meat production.

 

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