[1/2] A view shows a cooked piece of cultivated chicken breast created at the Upside Foods plant, where lab-grown meat is cultivated, in Emeryville, California, U.S. January 11, 2023.
Difficulty competing with conventional meat on price has plagued the plant-based meat sector, which has failed to meet market share expectations.
To be price competitive, cultivated meat must reach a production cost of $2.92 per pound, Goncalves said.
Last year, governments spent about $635 million on alternative proteins, about $167 million of which was for cultivated meat, according to the group.
China Chilcano's chefs said the product behaved very similarly to conventional chicken and offered some improvements, like rapid absorption of marinades.
Persons:
Peter DaSilva, Matthew Walker, Leticia Goncalves, Goncalves, Andrew Noyes, Jose Andres's, Gustavo Burger, Believer, Steve Cahillane, Alan Grublauskas, Noyes, chefs, Leah Douglas, Tom Polansek, Josie Kao
Organizations:
REUTERS, WASHINGTON, U.S . Department of Agriculture, Food and Drug Administration, S2G Ventures, Daniels, Midland, Washington , D.C, Food Institute, Kellogg, Reuters, Food Forum, Thomson
Locations:
Emeryville , California, U.S, Jose Andres's China, Washington ,, Chicago, China, San Francisco, Washington