'Colossal Opportunity' As China Signs $300 Million Deal To Buy Israel Lab Meat

Many have seen the deal as part of a move to cut greenhouse gas emissions
The deal is worth a huge $300 million

A $300 million lab meat deal between China and Israel has been described as a 'colossal marketing opportunity' by one of the leading voices in the 'clean meat' movement.

Bruce Friedrich is Head of the The Good Food Institute (GFI), an organization which promotes 'meat alternatives'. 

He believes the deal 'could put [clean] meat onto the radar of Chinese officials who have the capacity to steer billions of dollars into this technology'.

Emissions

Lab meat - also known as cultured or bio meat - is grown in a laboratory using animal cells.

Some vegans dislike the concept, as the use of cells mean it is not entirely slaughter-free (though there are some scientists working on developing totally animal-free starter cells).

For others, lab meat is seen as a positive move away from the slaughter of billions of animals, as well as being a more environmentally-friendly option than traditional factory farming.

This, with the three Israeli companies - SuperMeat, Future Meat Technologies, and Meat the Future - has therefore been seen as a sign that China is committed to reducing its greenhouse gas emissions.

And with Chinese meat imports valued at $10 billion in 2016, there will be plenty of opportunity to capitalize on this market.

READ MORE:

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'Lab Meat' Leader Memphis Meats Announces $17 Million Investment From Bill Gates, Richard Branson - And Meat Industry

Hampton Creek Is Growing Lab Meat - And Says It Will Be In Supermarkets Next Year

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PBN Contributor:

Maria is the head of written content for Plant Based News. Also a former magazine editor, newspaper reporter, and features writer. Her writing has been published by The Guardian, The Huffington Post, and various regional newspapers, as well as Vegan Life magazine and Vegan Trade Journal. She has interviewed a huge range of people, from Prime Ministers to authors, activists, pop stars and actors, and enjoys the varied range of topics writing for PBN allows her to tackle. You can follow her on Twitter @MariaChiorando and Instagram @mariachiorando.

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Disclaimer: The opinions expressed in this article are prepared in the author's capacity and do not necessarily reflect the views and opinions of Plant Based News itself. 

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