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Food technology innovation, plant-based meat alternatives, increased concern for animal welfare, and the environmental impact of food choices are driving the future of the food market.
Policymakers and environmental organizations are encouraging the development of sustainable protein sources and low-impact animal meat production methods. According to a recent study by Emergent Research, the global food technology market will be worth $342.5 billion by 2027.
In this emerging market, cultured meat, also known as cultivated meat or cell-based meat, is gaining traction. A number of startups have invested in creating technologies to produce alternative meat sources in order to reduce the environmental problems associated with animal farming, simplify the supply chain, and create more healthy, hygienic, and safer food choices.
