"A new analysis by the food industry publication Just Food found that the majority of cultivated meat companies - those working to bring cell-cultured meat to market - have struggled thanks to a lack of regulatory approvals from government food agencies. Despite a ton of early investor interest in these kinds of companies and an increasingly competitive price point, many are being forced to shutter operations before they can get a product to shelves. "While it's disappointing to see company closures, as with any highly innovative sector, not all companies will make it through the tough early stages," Carlotte Lucas, industry head at Good Food Institute Europe told Just Food."
""However, regulatory inefficiencies, such as longer, unpredictable approval times, have been a critical barrier for companies hoping to bring products to market and have led to some start-ups considering other regions or even relocating overseas," Lucas continued. Without regulatory approval in regions like Europe and North America, lab-grown meat startups can't scale their operations into the kinds of consumer markets that have expressed interest in alternative meats. Instead, they tend to find niche buyers in the restaurant industry, with mixed success."
Regulatory inefficiencies and unpredictable approval timelines have prevented many cultivated meat companies from reaching major consumer markets in Europe and North America. Early investor interest and improving price competitiveness have not resolved market-entry barriers caused by a lack of government food-agency approvals. Startups frequently shift to niche restaurant buyers, consider relocating overseas, or close operations. Regulatory compliance requires significant time and resources for each company. Scaling biomass production—the animal cells used to grow cultivated meat—remains essential but difficult without market access, creating a paradox that hinders industry growth.
Read at Futurism
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