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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Cultivated, Cell-Cultured & Biotechnology

Mission Barns: Cultivated Meat Products Ready for Market Launch Pending Regulatory Approval

US food tech Mission Barns has unveiled its new headquarters and cultivated fat production plant, claiming to be fully prepared to hit the market with its cultivated fat products. However, the San Francisco-based company must first wait for regulatory approval from the USDA and FDA before it can finally sell its cultivated fat and plant-based protein food products.  Focusing on hybrid products of plant-based ingredients and animal fat cultivated from cells, Mission Barns is one of a growing group of companies, consumers, and investors who believe these hybrid products present the most sustainable and appealing future of alt meat. Mission Barns CEO Eitan Fischer is confident the regulatory green light will come soon, according to a report from Food Dive. Fischer, a former director of …

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Products & Launches

Mission Barns to Release Hybrid Chorizo Sausages With Cultivated Fat

Following its recent partnership with Chinese plant-based producer HEROTEIN, cell cultivated fat producer Mission Barns has announced a similar partnership in the US. Berkeley-based Mission Barns will team up with fellow Californian brand Silva Sausage to create a plant protein sausage using cultivated fat. “This ground-breaking partnership and production run is an important milestone toward cultivated meat technology becoming a reality” The landmark deal marks the first-ever scaled-up manufacturing of a product containing cell-cultured meat, according to the brand. The Cultivated Chorizo Sausages are a hybrid of plant-based protein and Mission Barns’ proprietary cultivated fat; Mission Fat.  Due to issues of costs, scalability, technology, and regulations, plant-based protein with cultivated fat hybrid meat products are far more likely to hit the market than full-cut cell-cultured …

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Mission Barns

© Mission Barns

Cultivated, Cell-Cultured & Biotechnology

HEROTEIN Partners With Mission Barns to Bring First Hybrid Cultivated / Plant-Based Meat Products to China

HEROTEIN, formerly HERO Protein, announces it has entered into a strategic partnership with Berkeley-based cell cultivated fat producer Mission Barns to launch hybrid cultivated meat/plant-based meat products. The company states its intention to be the first to commercialize such products in China. The Shanghai company closed an $850K pre-seed funding round this February and in May announced that Vicky Lee, former CMO of McDonald’s Taiwan, had been onboarded as CEO, joining former senior R&D executives from some of the largest plant-based meat brands in the world including Beyond Meat and Impossible Foods. Mission Barns raised $24 million in a Series A round this April, with plans to upscale its cell-cultured fat technology and build a pilot factory in the Bay Area. High profile investors in …

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BaconStrips Hooray Foods

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Market & Trends

Mmm, Bacon: Plant-Based Bacon Outselling Conventional as Market Doubles

Long-held as a taste icon for many diehard animal meat-eaters, now bacon is also experiencing plant-based disruption. Sales of plant-based bacon are up 25% – double the rate for the same period for animal-based bacon – and the plant-based bacon market as a whole doubled in 2020 to $267 million, reports Bloomberg.  As multiple players are entering the space from different angles, here is the vegconomist latest from the major disruptors in alt bacon: Robert Downey Jr. backed Atlast Food Co, a spinoff from Ecovative Design, has raised $100 million to create the world’s largest mycelium farm to create its fungi-based bacon flagship product.  Prime Roots has launched what it claims to be the world’s first plant-based bacon lineup of thick-cut, butcher-style bacon in Black …

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Mission Barns Bacon

© Mission Barns

Investments & Finance

Silicon Valley’s Mission Barns, Producer of World’s First Cultivated Bacon, Secures $24M to Upscale

Mission Barns, Founded in Berkeley, CA in 2018, announces it has raised $24 million in a Series A round to upscale its cell-cultured fat technology and build a pilot factory in the Bay Area. High profile investors in this round included Lever VC; Gullspang Re:Food (Oatly); Humboldt Fund (NotCo & Geltor); David Yeung’s Green Monday Ventures (Beyond Meat & Perfect Day); Enfini Ventures (Impossible Foods & Memphis Meats); and an undisclosed European meat company. The company is focused on cultivating animal fat without the animal; in July of 2020 Mission Barns contacted vegconomist to inform us that it had developed the world’s first cultivated bacon. The team works to create products incorporating Mission Fat both independently and through collaborations with leading meat companies and plant …

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cultured meat cellbased beef

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Market & Trends

Clarification for Earlier Article on Cultivated Bacon and More on Cultivated Meat Market

In an earlier article about Higher Steaks, a leading UK food tech company, we said the company had revealed “the world’s first cultivated bacon and pork belly”. We have since been contacted by Mission Barns, another food technology company, kindly letting us know that it had unveiled its cultivated bacon earlier this year.

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