Source: Planted Based News
Future Meat has reduced its production costs by almost 50 percent. It can now create 110g of slaughter-free chicken breast for under $4.
The start-up’s Chief Executive Rom Kshuk predicts the cost will drop to below $2 in the next 12-18 months.
He told the Financial Times: “We will launch a product in the US market in the next 18 months that will have a commercially viable price.”
Analysts at Boston Consulting Group say cell-cultured meat will achieve price parity with its livestock counterpart by 2032.
However, Kshuk revealed Future Meat expects to match poultry prices in just eight years