Article 5Q12X Lab-Grown Meat: Never Cost-Competitive?

Lab-Grown Meat: Never Cost-Competitive?

by
martyb
from SoylentNews on (#5Q12X)

takyon writes:

Lab-grown meat is supposed to be inevitable. The science tells a different story.

Splashy headlines have long overshadowed inconvenient truths about biology and economics. Now, extensive new research suggests the industry may be on a billion-dollar crash course with reality.

[...] [In March], the Good Food Institute (GFI), a nonprofit that represents the alternative protein industry, published a techno-economic analysis (TEA) that projected the future costs of producing a kilogram of cell-cultured meat. Prepared independently for GFI by the research consulting firm CE Delft, and using proprietary data provided under NDA by 15 private companies, the document showed how addressing a series of technical and economic barriers could lower the production price from over $10,000 per pound today to about $2.50 per pound over the next nine years-an astonishing 4,000-fold reduction.

In the press push that followed, GFI claimed victory. "New studies show cultivated meat can have massive environmental benefits and be cost-competitive by 2030," it trumpeted, suggesting that a new era of cheap, accessible cultured protein is rapidly approaching. The finding is critical for GFI and its allies. If private, philanthropic, and public sector investors are going to put money into cell-cultured meat, costs need to come down quickly. Most of us have a limited appetite for 50-dollar lab-grown chicken nuggets.

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