Key takeaways
- The USDA has given the go-ahead to two lab-grown meat start-ups, Good Meat and Upside Foods, to sell their products
- The cell-cultured meat industry is predicted to hit $13.7 billion by 2043
- None of the start-ups are publicly traded yet, but indirect exposure is available through companies like Tyson Foods
On Wednesday, we saw a major milestone in the development of lab-grown meat: Upside Foods and Good Meat have secured approvals to begin commercial sales of lab-grown chicken. That means you could soon see real meat that’s been grown in a lab in your grocery store.
The breakthrough can potentially transform animal agriculture, a major driver of global greenhouse gas emissions, but the new product likely needs a PR campaign before the public gets on board with the idea. Investors are chomping at the bit to get in on the promising start-ups. Here’s the latest.
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