risk
10/18/2024
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By Cassie B.
Desperate lab-grown meat industry claims it needs government subsidies to survive
Lab-grown meat is proving to be a spectacular failure, and producers are becoming so desperate that many are pushing for a public subsidy to stay afloat. Preliminary data from the venture capital firm AgFunder shows that funding in the lab meats sector fell by 78% in 2023 to reach $177 million, down from $807 million […]
12/01/2023
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By News Editors
Raw Egg Nationalist sounds off on JUST Egg’s artificial egg product
If you’ve followed my writing over the course of the last three years, you’ll know that I have a rather personal… beef with the fake-food startup Eat Just and its founder and CEO Josh Tetrick. Hopefully, you understand why. Eat Just’s products represent the opposite of everything I stand for in the realm of health, nutrition and […]
03/30/2023
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By Arsenio Toledo
Global fake food market projected to be worth up to $3 trillion in the near future
Despite the recent drop in sales of fake meat, the entire fake food industry is still expected to grow, with some experts suggesting the entire market could be worth up to $3 trillion. This is according to management consulting firm McKinsey & Company, which claimed that as much as 60 percent of all materials inputted into the […]
02/22/2023
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By Arsenio Toledo
Fake meat companies are failing as consumers abandon processed plant-based alternatives to real meat
Fake meat companies are failing, as a majority of consumers who choose to eat meat abandon the cultured counterpart due to high prices, disappointing taste and questionable benefits. In 2020, retail sales of plant-based fake meats grew by 45 percent and surpassed the $1 billion mark for the first time as more and more consumers became […]
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