Throughout the world, roughly 70 billion animals are slaughtered yearly to meet the growing appetite of human beings.
Throughout the world, roughly 70 billion animals are slaughtered yearly to meet the growing appetite of human beings. To feed the animals, a great amount of resources are consumed and greenhouse gas emissions are produced. Lab-grown meat is expected to be served on dinner tables soon. Israeli company Aleph Farms has recently produced lab-grown beef with high similarity to the appearance, texture, smell and taste of real beef. China has partnered with Israeli researchers in providing laboratory grown meat which aims to cut the consumption of animal meat by 50 percent in the next few years. Start-up companies and the capital market are rushing to cash in on the market and an awkward situation has surfaced for industry regulators – current laws are unable to police artificial meat properly. For regulators of agricultural products and food, the priority is to figure out how to define artificial meat before resolving the unclear division of supervisory obligations and eliminating consumers’ fear of genetic engineering.