What’s In Your Fridge: U.S. Approves Cell-Based Meat | June 22, 2023

For the first time, the U.S. has given regulatory approval for the sale of cell-based meat. The green light was granted to California-based companies Upside Foods and Good Meat for their cell-cultivated chicken products, marking a landmark moment in the food industry. However, due to high production costs, the initial roll-out will be limited to select high-end restaurants, and industry predictions suggest a timeline of seven to ten years before these products hit grocery stores broadly. Among the early backers of this innovation, Tyson Foods has invested in Upside Foods and Stakeholder Foods is in the process of developing beef and seafood products using similar technology. #TSN #STKH #News #MarketUpdate