Meat Giant CP Foods and Future Meat Technologies to Develop Hybrid Cultivated Meat for Asia
Charoen Pokphand Foods (CP Foods), the Thai meat giant, has announced a “first-of-its-kind” partnership with Future Meat Technologies, the Israeli cultivated meat company. The agreement will see the development of cell-cultured meat products for the Asian market. Hybrid cultured meat products will be the result of the partnership, that is to say, a blend of plant-based and cell-cultured ingredients. These products have the advantage of being quicker to market, as they are less complex and more affordable to produce at scale than purely cultivated meat products. The pork and poultry giant from Thailand, CP Foods, is one of the biggest agro-industrial and food conglomerates in the world and continues its diversification into alt protein with the new partnership and following the continued success of its …