Cost Of Cruelty-Free Meat

Technology is teaming up with cuisine to provide realistic alternatives to meat, and the first prototype products are starting to interest consumers. Mimicking the taste, texture , look, and smell of meat isn’t easy, and creating these first few products demands a significant investment from companies. However, more companies are taking a chance on synthetic meats, hoping for major returns in the long run.

In 2016, Beyond Meat became, arguably, the first startup to bring a plant-based meat alternative — one that could really stand in for real meat — to grocery stores. Impossible Foods, its main competitor, is instead approaching restaurants first with the intention of penetrating the grocery market later.

Other companies are literally growing synthetic meats, called “cellular-agriculture meats,” fiber by fiber in labs. These are extremely expensive to produce, but their prices are falling fast. The price of the first lab-grown beef burger, created by Mosa Meats, was equivalent to about $1.2 million per pound, retail. Now, lab-grown hamburger runs for about $11.36 per pound , similar to the Beyond Meat alternative which goes for about $12 per pound — although both are still out of reach for most consumers. In contrast, ground beef retails for around $3.54 per pound on average.

Meanwhile, Memphis Meats is currently in the process of growing chicken meat in the lab. Although comparatively, its retail price of $6,000 per pound is much more accessible than $1.2 million, it still has a way to go before it will be attainable for consumers.

Kinder To The Environment

According to the Food and Agriculture Organization of the United Nations (FAO), livestock feed production eats up 26% of the ice-free land on Earth, and 13 billion hectares (32.1 billion acres) of forest are lost to land conversion for pastures or cropland annually. Livestock farming also contributes to about 14.5% of all anthropogenic greenhouse gas emissions. All of this damage could be alleviated by transitioning to lab-grown meats.