In an historic milestone that will irrevocably change the landscape of food, the USDA has authorized the sale of cell-cultivated chicken. But don’t expect to find it in supermarkets right away
a year, it’s going to take a while before Upside, Good Meat, and their competitors—once they receive approval—make a dent in the market. Tetrick says his company’s experience in Singapore provides a template, and a necessary reining-in of expectations. “People are going to buy it. But, and this is painful for me, it’s going to be sold, unfortunately, at a very small scale—I’m talking tens of thousands of pounds.
Tetrick estimates that it won’t be until late 2024 or 2025 that cultivated meat companies will be able to scale up the factories necessary to make the tens of millions of pounds of meat required for national distribution. Until then, he says, prices are likely to be higher than conventional meat.Yahoo Finance that his cultivated meat would likely reach price parity with conventionally-farmed chicken within “5-15 years,” a broad window that could make or break the industry.
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