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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Mogale Meat Co_ first cultivated chicken in Africa

©Mogale Meat Co

Cultivated, Cell-Cultured & Biotechnology

Mogale Meat Unveils Africa’s First Cultivated Chicken Breast

South Africa’s Mogale Meat reports to vegconomist that On March 30th, the company produced what it says is the first cultivated chicken not only in South Africa, but in all of the African continent. The chicken breast is composed of real chicken muscle and fat cells blended with what it refers to as a “mushroom matrix”. This is the first prototype to be showcased by the company and a signature wildlife meat product is set to be revealed later in 2022. Mogale announced in November last year that it was on track to make cultivated meat accessible to Africans as a solution to serious food security issues, with Africa’s population projected to double over the course of the next three decades. This week’s development, according …

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Mogale Meat

©Mogale Meat

Cultivated, Cell-Cultured & Biotechnology

South Africa’s Mogale Meat on Track to Make Cultivated Meat “Accessible to All” in Africa

South-African cellular food-tech company Mogale Meat is working on solutions to face Africa’s food security issues and aims to make a significant contribution to feeding the next billion people with meat created from the cells of free-roaming antelope and cattle. Launched in 2020, Mogale Meat has two US-based global venture capitalists on board with Sustainable Food Ventures, founded by Ryan Bethencourt, and CULT Food Science. Mogale Meat joins the South African food-tech pioneer Mzansi Meat in targeting the African market with cultivated meat. Speaking to vegconomist, Mzansi Meat’s CEO Brett Thompson emphasized the great benefits of African biodiversity to produce cultivated meat, commenting: “We are so fortunate in Africa to have so many domestic and wildlife species to choose from and linking that to the …

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