When we think lab grown, we instantly conjure up horrifying Frankensteinisque images of beings attached with wires and chords and some kind of torture equipment with dodgy numbers and many, many entrapments. That’s just a highly ludicrous imagery from movies and ghastly stories. Labs around the world are working incessantly to give us the best alternatives to our soon to expect shortage in different industries. And so many are finally able to crack the code, like the lab grown meat industry, now in Australia.
With the way prices of meat are soaring along with increasing concern over depleting livestock, lab grown meat substitute developed from stem cells of livestock, can be a very replaceable option. The method is being given the needed impetus from venture capitalists and scientific research in advancing technology and studies to accelerate the process and enlarge the size that can be produced, so it can cater to the food demand paucity.
Food tech startups have already become an important industry in Europe, US and Israel, with keen interest from the likes of Richard Branson and Bill Gates. The future of the industry is a promise not just for growth but for displacement of the demand for safe, ethical and harmless meat production in the world.
Two Australian companies, that are aiding research for advancement in meat growth in labs are openly working towards a commercial future for their grown meat. They have been able to produce lab grown meat up to the size of a burger patty. Heuros in Canberra and VOW in Sydney are developing non-intrusive methods to grown meat, through natural ways. Heuros is in fact, reversing the methodology by having as less technology mixed up with its work as possible in the development of the meat, so people know that they can expect, exceptional quality without too much processing.
The United Nations’ Food and Agriculture Organization estimates that by 2050 the world’s population is estimated to exceed 9 billion people. “I think the combination of a larger world population, a rising middle class and people’s need to eat nutritious protein will inevitably be a breaking point for the traditional way we feed the world, “Heuros’ Venture Capital Partner Niki Scevak.