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NCBA Fights for Definitive Labels on Lab-Grown Meat
Today, the National Cattlemen’s Beef Association (NCBA) submitted comments to the United States Department of Agriculture’s Food Safety and Inspection Service (USDA-FSIS) related to the labeling of meat or poultry products that contain lab-grown animal cells. NCBA believes that the term “beef” should only be applicable to products derived from livestock raised by farmers and ranchers. As USDA-FSIS works to develop regulatory standards for labeling lab-grown, or cell-cultured, protein products, NCBA is committed to ensuring that product labels are fair, accurate, and will safeguard a...
Packaged Facts Analyst Comments on JBS Acquisition of Cultivated Meat Company
Cultivated meat products, which are lab-grown alternatives to meat that are produced by in vitro cell cultures of animal cells, are seeing rapid product development as many consumers are increasingly looking for alternatives to meat that are better for the environment or animal welfare.
As consumers have increasingly been adopting plant-based meat alternatives in their diet, food producers have been investing in the alt-meat space (plant-based and cultivated meat products) to take advantage of massive growth opportunities. Packaged Facts projects that the U.S. market for...
GOOD Meat, Raises $267 Million, Adds Former USDA Secretary to Advisory Board
Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, announced today that its GOOD Meat division has secured $97 million in new funding, adding to the initial $170 million publicized in May. The overall $267 million fundraise is the largest to date in the burgeoning cultivated meat sector, which analysts predict could become a $25 billion global industry by 2030.
New and previously announced investors include UBS O’Connor, a hedge fund manager within...
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