Our natural resources are limited; insufficient to feed the world's population, which expected to grow to 10bn by 2050.
Cultivated meat, which is being enabled through modern science and technology, solves the sustainability concerns in today's world.
Consumers are willing to try and adopt cultivated meat if it achieves taste, texture, and price parity with conventional meat.
Cultivated meat and seafood companies have gained traction among VCs, who have invested nearly $3bn in the past 3 years (2020 to 2022) in these start-ups.
Tech-based start-ups are helping incumbents in offering alternative meat in innovative new ways through strategic alliances.
Accelerating Product Development And Success