For the first time, U.S. regulators approved the sale of chicken made from animal cells, allowing two California companies to offer “lab-grown” meat to the nation's restaurant tables and eventually, supermarket shelves.
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00:00 [MUSIC]
00:10 So cultivated meat, put really simply,
00:13 is real meat that is grown from animal cells.
00:16 So if you imagine the meat that we have loved and
00:18 eaten for tens of thousands of years, the meat that we
00:21 cultivate is actually biologically the same, but
00:24 it's made in a whole new way.
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00:35 Ultimately, the cells do what they do.
00:37 They like to double, they like to grow, and
00:39 then ultimately they become meat.
00:41 So after seven to 14 days, or a little longer,
00:44 depending on what we're making, we harvest the cells.
00:47 And then we can make it into any meat product that you love.
00:50 So it could be a chicken filet, it could be a hamburger,
00:53 a hot dog, it could be pretty much anything that you can think of.
00:56 >> Getting USD approval now opens up the pathway for
00:59 us to sell cultivated meat here in the biggest market in the world,
01:04 in a place that's one of the biggest meat producers in the world, and
01:07 I think lends a lot of credibility towards what this is gonna be in the future.
01:10 So it'll be a momentous, historic moment for the food industry.
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01:25 >> Whether it's an electric car or it's ChagGBT,
01:31 it feels strange and a little peculiar initially.
01:35 But after a period of time, it becomes ubiquitous and boring, and
01:41 that's eventually the path for cultivated meat.
01:43 So the hurdles are the size of the investment, the scaling up, and
01:48 who are you targeting as a customer, and especially who is gonna eat this.
01:53 If you're not forced to eat lab-grown meat,
01:56 why you will be eating lab-grown meat?
01:59 I mean, the real challenge would be, how can you make enough
02:03 chicken meat in a fermenter at the cost of the chicken, which is the lowest one?
02:09 >> For some period of time, I would say it's at least two years,
02:12 probably more than that, it'll be very small volumes.
02:16 So think less than 5,000 pounds sold.
02:19 And ultimately, to get to a point where no matter who you are,
02:23 if you're hearing this, it'll be in your local grocery store, in your local
02:27 restaurant, we'll need to build much larger infrastructure.
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