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var reg = new RegExp('\\W+', "g"); In the last decade, dozens of start-ups have sought to make cell-cultured meat both tasty and affordable with the end goal of persuading consumers to turn their backs on conventional meat. The company is also planning to campaign for consumer trust in the product. On Wednesday, the city-state’s Food Agency gave Eat Just, a … Josh Tetrick, chief executive of Eat Just, had at least one thing to be grateful for this Thanksgiving: regulators in Singapore had issued the company the world’s first approval for its cultured meats. 21 on CNBC's Disruptor 50 list this year for its efforts to change the food and agriculture industries. Free newsletter } The decision paves the way for Eat Just, which is best known for its plant-based egg substitute, to sell its lab-grown chicken as an ingredient in Singapore. ​. { What set Singapore apart from the others, according to Tetrick, was its "forward-thinking and rigorous" approach. On Wednesday, alternative protein company Eat Just, Inc. announced a major development: Its cultured chicken product has been approved for sale in Singapore. The Good Food Institute, which advocates for alternative proteins, said that it's been meeting with Singaporean government officials to discuss cultured meat for more than three years. Singapore just became the first country to allow the sale of lab-grown meat. The partnership between Eat Just and Proterra is an important addition to Singapore’s agri-food ecosystem and will build new innovation and production capabilities within the sector here. Egg-substitute maker Eat Just Inc. plans to build and operate its first plant protein facility in Singapore, with investment from a consortium led by Proterra Investment Partners Asia Pte. Analysis of Dietary Supplements and Health Foods, Reduce Sugar | Total Sweet Solutions from Sweegen, Deep-dive into improving packaging line efficiency, GELLANEER™ ELA – Gellan gum innovation that maximizes manufacturing and cost efficiency in gel-based applications, BL Agro optimise CAPEX & OPEX on their edible oil PET packaging lines, Sign up to our free newsletter and get the latest news sent direct to your inbox, Towards a new generation of Texturized Vegetable Proteins, Gain profits and sustainability in food production, Survey Report: State of the Food & Beverage Development Sector in Asia-Pacific 2017, News & Analysis on Food & Beverage Development & Technology – Asia Pacific. Eat Just says this breakthrough builds on Singapore’s reputation as a world leader in business, technology and culinary innovation and underscores the country’s dedication to enterprising solutions that advance environmental stewardship. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data is a real-time snapshot *Data is delayed at least 15 minutes. A Division of NBCUniversal. "Ultimately, this doesn't become something until it becomes the cost of something that really matters, until we're below the cost of conventional chicken," Tetrick said. Eat Just sells cultured chicken to Singapore's 1880. Eat Just landed at No. In 2013, a hamburger from Dutch start-up Mosa Meat cost $280,000 per patty to make. Still, the company is far away from bringing its chicken to every household in Singapore. U.S. approval of cultured meat still seems very far away, giving start-ups such as Eat Just a chance to reduce the cost of production before introducing more consumers to the product. Planet Health. It follows a rigorous consultation and review process by the Singapore Food Agency (SFA). - Last updated on Founded in 2011, Eat Just counts Singapore’s Temasek Holdings and Horizons Ventures, the private investment unit of Li Ka-shing, Hong … function sanitize_gpt_value2(gptValue) Eat Just complied with the Singapore Food Agency’s food safety requirements for the assessment of novel foods. Eat Just, the San Francisco-based food tech that pioneered the plant-based egg, has just announced a new partnership with a consortium led by investment management firm Proterra to build a new production facility in Singapore. The challenge of feeding the world is forcing food producers to stretch their supply chains across continents, which comes at the expense of resources... William Reed | 15-Jun-2017 Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). Plant-based development, Cultured meat is made by putting stem cells from the fat or muscle of an animal into a culture medium that feeds the cells, allowing them to grow. All Rights Reserved. Sign up for free newsletters and get more CNBC delivered to your inbox, Get this delivered to your inbox, and more info about our products and services.Â, © 2020 CNBC LLC. dataLayerNews = {}; Find out more here.​, Copyright - Unless otherwise stated all contents of this web site are © 2020 - William Reed Business Media Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions, Related topics: The key objective... Free newsletter Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The protein content of JUST Egg is also comparable to an egg, making for a satisfying breakfast to keep you fueled all day. In a press […] The cell-cultured chicken will … Josh Tetrick featured in our recent Growth Asia interactive broadcast series. 15 December 2020, 10:19 pm. Food safety, SINGAPORE: Plant-based egg substitute start-up Eat Just said on Tuesday (Oct 20) it had partnered with a consortium led by Proterra Investment Partners Asia to build a … | Technical / White Paper. Eat Just complied with SFA’s food safety requirements for the assessment of novel foods. The Food and Drug Administration and the U.S. Department of Agriculture have officially overseen the regulation of cell-based seafood, poultry and beef since 2019. Eat Just has been granted the world’s first regulatory approval for cultured chicken - as an ingredient in chicken bites in Singapore. SINGAPORE: Consumers in Singapore can soon get a taste of lab-grown or cultured chicken after food technology start-up Eat Just received the go-ahead to sell the product here. Reuters. $(document).ready(function() { Eat Just, maker of meat and egg substitutes, got the okay to sell its laboratory-created chicken in Singapore Got a confidential news tip? In April 2017, FoodNavigator-Asia.com conducted its inaugural ‘state of the industry’ survey on its user base of food industry professionals. Clean meat, plant based But, like plant-based meat, the products will face opposition from traditional meat producers, such as the U.S. Cattlemen's Association. "We're going to start out with a single restaurant and then scale out to five, 10, 15 and then eventually into retail," Tetrick said. “Singapore has long been a leader in innovation of all kinds, from information technology to biologics to now leading the world in building a healthier, safer food system. var aTags = gptValue.split(','); Related tags: With growing middle-classes correlated with meat consumption, sustainable alternative... Dassault Systems Ltd | 06-Sep-2017 The cell-based chicken meat has been cleared for use as an ingredient in … Eat Just has made the world's first commercial sale of cultured chicken to 1880 in Singapore and it will be on the menu beginning this weekend. On Saturday, lab-grown chicken made by U.S. start-up Eat Just will make its historic debut at restaurant 1880 in Singapore, after the country's food … "We think that [the way] to really solve the meat problem — which is a health problem, a deforestation problem, a morality problem — is to make animal protein," Tetrick said in an interview. | Technical / White Paper. if(i!=(aTags.length-1)) To do so, it had to meet food safety requirements for novel foods and demonstrate a consistent manufacturing process for the cell-cultured chicken. Besides regulatory approval, high production cost is one of the primary barriers to the industry's success. The regulatory approval involved an extensive safety review by the Singapore Food Agency (SFA). Eat Just said it will manufacture the product in Singapore, where it also plans to start making a mung bean-based egg substitute it has been selling commercially in the United States. return vOut; Today’s announcement is Eat Just’s second in Singapore this year. for (var i=0; i < aTags.length; i++) Singapore has granted regulatory allowance for the sale of … Eat Just, for example, is using 1,000-liter bioreactors for its cell-cultured chicken, and Tetrick said the company plans to price it similar to that of premium chicken. Safety and quality inspections determined that it also met the standards for poultry meat. Latest stories. The island nation is the first to give the go-ahead to meat being grown in a lab. I’m sure that our regulatory approval for cultured meat will be the first of many in Singapore and in countries around the globe. Sign up to our free newsletter and get the latest news sent direct to your inbox. Chicken bites made from Eat Just's cell-cultured chicken, Profits before IPO for plant-based egg producer Eat Just. The medium is then put into a bioreactor to support the cells' growth. Josh Tetrick, CEO of Eat Just, had at least one thing to be grateful for this Thanksgiving: Regulators in Singapore had issued the company the world's first approval for its cultured meats. Eat Just Inc., the privately-held San Francisco company known for plant-based alternatives to egg products, has gained regulatory approval in Singapore to produce and sell … Tetrick compared the process to brewing beer, with a very different end product. Similar to the makers of plant-based meat alternatives, start-ups such as Eat Just, Future Meat Technologies and the Bill Gates-backed Memphis Meats argue that their products are healthier for consumers and better for the environment. Singapore has become the first country in the world to approve the sale of cultured meat. var vOut=""; Tetrick said that will include being transparent about how Eat Just makes cell-cultured meat and reminding consumers about the process of conventional meat production. The company included details on the purity, identity and stability of chicken cells during the manufacturing process, as well as a detailed description of the manufacturing process which demonstrated that harvested cultured chicken met quality controls and a rigorous food safety monitoring system. Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The company Eat Just has received the approval of the regulatory authority Singapore Food Agency (SFA) for its chicken nuggets produced under the Good Meat brand. “Working in partnership with the broader agriculture sector and forward-thinking policymakers, companies like ours can help meet the increased demand for animal protein as our population climbs to 9.7 billion by 2050,”​ said Josh Tetrick, co-founder and CEO of Eat Just. }); The first-in-the-world regulatory allowance of real meat created directly from animal cells for human consumption paves the way for a forthcoming small-scale commercial launch in Singapore of Eat Just’s new GOOD Meat brand, details for which will be disclosed at a later date. As Eat Just scales up, the company aims to keep reducing the price, which should also attract consumers and restaurants to try the product. dataLayer.push(dataLayerNews); Eat Just has already partnered with local manufacturers in Singapore in preparation for the regulatory approval and eventual sale of its cultured chicken. vOut += aTags[i].trim().replace(reg, '-').substring(0,40); Eat Just has been working toward gaining approval from the Singapore Food Agency for about two years. We want to hear from you. The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local manufacturers and go on sale to restaurants before it is available to consumers. The firm has also formed strategic partnerships with well-established local manufacturers in Singapore to produce cultured chicken cells and formulate the finished product ahead of its historic sale to a restaurant and, ultimately, initial availability to consumers. The cultured chicken bites developed by Eat Just. { But the costs have come down over the years as scale has increased. | Application Note. Subscribe Eat Just has been granted the world’s first regulatory approval for cultured chicken - as an ingredient in chicken bites in Singapore. All Asia-Pacific, By 2050, the global food demand will increase by approximately 70%. SINGAPORE--(BUSINESS WIRE)--Dec 15, 2020--Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, today announced that on the heels of its historic regulatory approval for cultured chicken, it has made the first commercial sale of meat created directly from animal cells for human consumption to 1880, an establishment founded … Eat Just is going through other regulatory processes to get its cultured meat approved elsewhere in the world, including the United States. Singapore Food Agency has approved Eat Just's cell-cultured chicken, making the country the first in the world to give its go-ahead to selling meat created in a lab. "The infrastructure required to do it is primarily the bioreactors, so we'll eventually be moving to 5,000, 10,000 and 20,000 liters.". The company has raised $300 million and was last valued at $1.2 billion. The product has a high protein content and a diversified amino acid composition, no antibiotics and very low microbiological content, such as salmonella and E. coli. Eat Just to Build $120M JUST Egg Facility in Singapore, Will Next Focus on Cultured Meat October 20, 2020 Eat Just has contacted vegconomist to say the company has signed a $100M+ agreement with a consortium led by Proterra Asia, to meet demand for its mung bean-based JUST Egg in Asia. In October, the company announced a partnership with a consortium led by Proterra Investment Partners Asia Pte. vOut = vOut.toLowerCase(); But in the U.S., regulatory approval for cultured meat seems much further away. dataLayerNews.related_tags = sanitize_gpt_value2("Clean meat, plant based"); In addition, Eat Just’s cultured chicken was confirmed to be safe and nutritious for human consumption by a distinguished outside panel of international scientific authorities in Singapore and the United States, with expertise in medicine, toxicology, allergenicity, cell biology and food safety. San Francisco-based food production company Eat Just will be building a plant-based egg protein production facility in Singapore. The restaurant, 1880, will be launching Eat Just’s cultivated chicken on Saturday (December 19). And it will also likely draw more competitors to the Southeast Asian country and could prompt other countries to follow Singapore's lead. 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