The cultivated meat industry hit a historic milestone

In the summer of 2023, the USDA granted final approval, including label approval and a grant of inspection, to both UPSIDE Foods’ and GOOD Meat’s cultivated chicken products.

Key highlights

  • There are now 174 dedicated cultivated meat companies globally, representing 30 countries and every major world region.
  • Cultivated meat companies raised $226 million in 2023, bringing all-time investment to $3.1 billion.
  • In 2023, the cultivated meat research and industry community has made key advancements including a landmark report by the UN Environment Programme (UNEP), a cell line survey and report from GFI APAC, and several new peer-reviewed studies covering topics ranging from serum-free media development to plant-based scaffolding.
  • Several governments around the world have funded public R&D into cultivated meat or granted funds to cultivated meat startups, including Australia, Brazil, China, the European Union, Israel, India, Japan, New Zealand, Qatar, Singapore, South Korea, Spain, the United Kingdom, and the United States.
The cover of the 2023 state of the industry report on cultivated meat and seafood by the good food institute

Resource

State of the Industry Report: Cultivated meat and seafood

This report details the commercial landscape, investments, regulatory developments, and scientific progress in the cultivated meat and seafood industry.

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