alternative protein market company Upside Foods serves a cultivated chicken burger

© UPSIDE Foods

Business Wire

Global Cultured Meat Markets Report – By 2040, a Projected 60% of Meat will be Created from Cells Grown Within Bioreactors and Sold Across Grocery Stores and Restaurants Worldwide

DUBLIN–(BUSINESS WIRE)–The “The Global Market for Cultured Meat – Market Size, Trends, Competitors, and Forecasts (2022)” report has been added to ResearchAndMarkets.com’s offering. By 2040, a projected 60% of the meat will be created from cells grown within bioreactors and sold across grocery stores and restaurants worldwide. The rise of the cultured meat market will be supported by the sustainability of the process, as well as the industry’s ability to provide “tailor-made nutrition” through its meat and seafood products. Recent surveys indicate that nearly 50% of the consumers do not have any reservations about cultured meat. Over the next 10 to 20 years, the cultured meat market is projected to act as a major disruptor to the conventional meat market. The number of startups focused …

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Wilk team

©Wilk

Cultivated, Cell-Cultured & Biotechnology

Coca-Cola Backed Wilk Receives US Patent Approval to “Revolutionize” Dairy Industry

Israel’s Wilk, a publicly-traded company on the Tel Aviv Stock Exchange under the ticker symbol WILK, develops industrial processes for producing cultivated human and animal milk from milk-producing mammary cells. The company announces it has now received US patent approval. “This will help to further establish our reputation as a leader in the field of cell-based milk production, while bringing us one step closer to the ultimate goal of revolutionizing the dairy industry.” Previously known as Biomilk, the company received $2 million last summer from Coca-Cola Israel, operating as The Central Bottling Company (CBC) – the exclusive Israeli franchise of Coca-Cola. Wilk reveals it has received patent approval for Methods and Systems for in-Vitro Milk Production from the US Patent and Trademark Office, making it …

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BioMilk

Image Courtesy of ©BioMilk

Cultivated, Cell-Cultured & Biotechnology

Coca-Cola Israel to Invest $2M Cell Cultured Dairy Startup BioMilk

In the same week that it is revealed that Nestlé is producing cell cultivated meat in Israel; Coca-Cola Israel, operating as The Central Bottling Company (CBC) – the exclusive Israeli franchise of Coca-Cola, is set to invest $2 million in cell-cultured dairy startup Biomilk. CBC has agreed on an R&D deal with Israel-based Biomilk to accelerate the market arrival of its cell-cultured milk products, with CBC investing $2 million in Biomilk in exchange for an allocation of shares. Under the agreement, $1 million will be invested in Biomilk on the signing of a final agreement, and the remaining $1 million in accordance with milestones. Founded in 2018 by Dr. Nurit Argov-Argaman and Maggie Levy of the Hebrew University of Jerusalem, BioMilk was set up to …

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