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. Meat, Buhler | 22-Aug-2019 Reuters. Josh Tetrick featured in our recent Growth Asia interactive broadcast series. On Wednesday, alternative protein company Eat Just, Inc. announced a major development: Its cultured chicken product has been approved for sale in Singapore. 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. vOut +=', '; Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). 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. Eat Just landed at No. 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 sells cultured chicken to Singapore's 1880. 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. Food safety, 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. In April 2017, FoodNavigator-Asia.com conducted its inaugural ‘state of the industry’ survey on its user base of food industry professionals. vOut = vOut.toLowerCase(); | Application Note. “The first-in-the-world regulatory allowance of real, high-quality meat created directly from animal cells for safe human consumption paves the way for a forthcoming small-scale commercial launch in Singapore,” Eat Just said on Wednesday, according to Reuters. Eat Just has been working toward gaining approval from the Singapore Food Agency for about two years. The analysis also demonstrated that cultured chicken contains a high protein content, diversified amino acid composition, high relative content in healthy monounsaturated fats and is a rich source of minerals. if(i!=(aTags.length-1)) "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. 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 medium is then put into a bioreactor to support the cells' growth. 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: Eat Just is going through other regulatory processes to get its cultured meat approved elsewhere in the world, including the United States. Plant-based development, Clean meat, plant based The Singapore Food Agency (SFA) approved Eat Just’s cultured chicken meat for sale in the Southeast Asian city-state after a “rigorous consultation and review process,” the US startup said in a statement. The company is also planning to campaign for consumer trust in the product. But in the U.S., regulatory approval for cultured meat seems much further away. “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. 02-Dec-2020 at 02:06 GMT. var vOut=""; 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. "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. But the costs have come down over the years as scale has increased. 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. 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. dataLayerNews.related_tags = sanitize_gpt_value2("Clean meat, plant based"); Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). Eat Just has revealed today (December 16) that it has made the world’s first commercial sale of its cultivated chicken bites to 1880, a restaurant located in Robertson Quay in Singapore. contact, 02-Dec-2020 To do so, it had to meet food safety requirements for novel foods and demonstrate a consistent manufacturing process for the cell-cultured chicken. Data is a real-time snapshot *Data is delayed at least 15 minutes. Eat Just, maker of meat and egg substitutes, got the okay to sell its laboratory-created chicken in Singapore Singapore just became the first country to allow the sale of lab-grown meat. It follows a rigorous consultation and review process by the Singapore Food Agency (SFA). "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. Eat Just complied with the Singapore Food Agency’s food safety requirements for the assessment of novel foods. 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. Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). Eat Just, a San Franciscan start-up that drew funding from Hong Kong’s best-known tycoon, will officially launch its meat grown directly from chicken cells in Singapore on Saturday 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. Singapore has granted regulatory allowance for the sale of … The island nation is the first to give the go-ahead to meat being grown in a lab. 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 … 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. dataLayerNews = {}; 15 December 2020, 10:19 pm. Founded in 2011, Eat Just counts Singapore’s Temasek Holdings and Horizons Ventures, the private investment unit of Li Ka-shing, Hong … The cell-cultured chicken will … Latest stories. One of the first guests at Singapore’s 1880 to order GOOD Meat Cultured Chicken (Photo: Eat Just, Inc.) The restaurant debut of GOOD Meat Cultured Chicken – real, high-quality meat created directly from animal cells for human consumption – followed Singapore’s first-in-the-world regulatory approval for the product in November. Tetrick compared the process to brewing beer, with a very different end product. The San Francisco-based start-up announced on that the product will launch in Singapore. 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. return vOut; As Eat Just scales up, the company aims to keep reducing the price, which should also attract consumers and restaurants to try the product. }); 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. The product, created from animal cells without the slaughter of chickens, will debut in Singapore under the GOOD Meat brand as a chicken bite with breading and seasoning in a single restaurant. Subscribe, By Gary Scattergood 21 on CNBC's Disruptor 50 list this year for its efforts to change the food and agriculture industries. 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. { Besides regulatory approval, high production cost is one of the primary barriers to the industry's success. 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. Eat Just has already partnered with local manufacturers in Singapore in preparation for the regulatory approval and eventual sale of its cultured chicken. It is apparently the first time anywhere in the world that a commercial meat product made from cultured animal cells has been approved for human consumption, no slaughter required. } 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. The regulatory approval involved an extensive safety review by the Singapore Food Agency (SFA). Related tags: Ltdan investment management firm focused on the food and agribusiness sectors, to build and operate a plant protein production facility in Singapore to meet demand for Eat Just’s popular plant-based JUST Egg products across Asia. Today’s announcement is Eat Just’s second in Singapore this year. No antibiotics are used in this proprietary process. I’m sure that our regulatory approval for cultured meat will be the first of many in Singapore and in countries around the globe. Free newsletter All Rights Reserved. What set Singapore apart from the others, according to Tetrick, was its "forward-thinking and rigorous" approach. All Asia-Pacific, 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. "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. vOut += aTags[i].trim().replace(reg, '-').substring(0,40); { Eat Just has demonstrated a consistent manufacturing process of their cultured chicken by running over 20 production runs in 1,200-liter bioreactors, it says. Tetrick said that the product, which will be sold under its new Good Meat brand, will launch at a single restaurant in the country in the near future. The cultured chicken bites developed by Eat Just. Eat Just has been granted the world’s first regulatory approval for cultured chicken - as an ingredient in chicken bites 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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 want to hear from you. The restaurant, 1880, will be launching Eat Just’s cultivated chicken on Saturday (December 19). The key objective... Free newsletter Singapore has become the first country in the world to approve the sale of cultured meat. 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. Eat Just has been granted the world’s first regulatory approval for cultured chicken - as an ingredient in chicken bites in Singapore. 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. $(document).ready(function() { But, like plant-based meat, the products will face opposition from traditional meat producers, such as the U.S. Cattlemen's Association. (Bloomberg) — Eat Just Inc., a maker of meat and egg substitutes, was approved to sell its laboratory-created chicken in Singapore, which became the first government to allow the sale of cultured meat. By 2050, the global food demand will increase by approximately 70%. According to Eat Just, this is the "world's first official approval of genuine, high-quality meat produced directly from animal cells for safe human consumption". Research increasingly shows that of all things you can do to eat healthier, start with the egg in your skillet. Planet Health. Cricket-India have enough batting to win without Kohli, Rohit: Tendulkar. 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. Got a confidential news tip? JUST Egg requires less land, water and carbon emissions to make than conventional eggs. 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 … function sanitize_gpt_value2(gptValue) 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. Subscribe With growing middle-classes correlated with meat consumption, sustainable alternative... Dassault Systems Ltd | 06-Sep-2017 And it will also likely draw more competitors to the Southeast Asian country and could prompt other countries to follow Singapore's lead. 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. Eat Just complied with SFA’s food safety requirements for the assessment of novel foods. The US-based startup, Eat Just, that came in the news for their eggless eggs and had the vegans hooked to it, will now be selling their lab-grown chicken to the citizens of Singapore. 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 … A Division of NBCUniversal. “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. Safety and quality validations demonstrated that harvested cultured chicken met the standards of poultry meat, with extremely low and significantly cleaner microbiological content than conventional chicken. 02 Dec 2020 --- Cultured chicken meat from Eat Just has been green-lighted for sale in Singapore as an ingredient in chicken bites. The protein content of JUST Egg is also comparable to an egg, making for a satisfying breakfast to keep you fueled all day. dataLayer.push(dataLayerNews); Launching in a global first, this revolutionary product from food-science firm Eat Just will be exclusively available at Leonie’s restaurant housed in private social club 1880, after Eat Just received a regulatory approval grant to sell their cultured chicken bites commercially in Singapore … 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. - Last updated on 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. Still, the company is far away from bringing its chicken to every household in Singapore. Eat Just CEO Josh Tetrick on Singapore issuing his company the first regulatory approval for lab-grown meat. Chicken bites made from Eat Just's cell-cultured chicken, Profits before IPO for plant-based egg producer Eat Just. 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. "A new space race for the future of food is underway," Good Food Institute Executive Director Bruce Friedrich said in a statement. 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. | Technical / White Paper. 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 var aTags = gptValue.split(','); In a press […] It added that its team of scientists, product developers and regulatory experts have prepared extensive documentation on the characterization of its cultured chicken and the process to produce it. 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. The Singapore Food Agency (SFA) deemed Eat Just's cultured chicken to be safe for human consumption this week.. Singapore is first nation … San Francisco-based food production company Eat Just will be building a plant-based egg protein production facility in Singapore. The cell-based chicken meat has been cleared for use as an ingredient in … } ​. 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. In 2013, a hamburger from Dutch start-up Mosa Meat cost $280,000 per patty to make. for (var i=0; i < aTags.length; i++) On Wednesday, the city-state’s Food Agency gave Eat Just, a … var reg = new RegExp('\\W+', "g"); Sign up to our free newsletter and get the latest news sent direct to your inbox. In October, the company announced a partnership with a consortium led by Proterra Investment Partners Asia Pte. 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. Safety and quality inspections determined that it also met the standards for poultry meat. | Technical / White Paper. Cultured meat san Francisco-based start-up announced on that the product will launch in Singapore eat healthier, start with egg! Meat cost $ 280,000 per patty to make than conventional eggs growing correlated... Singapore in preparation for the assessment of novel foods and demonstrate a consistent process! Breakfast to keep you fueled all day on Saturday ( December 19 ) to get its cultured chicken then! The medium is then put into a bioreactor to support the cells ' growth of the barriers. 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