Artificial Meats is coming, but at what price?
This article talks about artificial food, and the changes it's going through. Currently, it cost Finless slightly less than $4,000 dollars to make a pound of tune while competitors sell it for $8 to $12 dollars. This creates a big complication for these companies since customers would most likely go for the $8 dollar product rather than the $4,000. These prices are high but it is surprising that companies are in a production phase within this concept.
It is the future of the food industry and as stated in the article:
"The Food and Drug Administration and the Agriculture Department last year agreed to work together on regulations for cell-grown foods. Mike Lee, founder of the Future Market, a food lab that works with companies to conceptualize food prototypes, anticipates that lab-grown meat will be available for purchase in 2019. JUST Inc., which makes a cell-grown chicken product, said it plans to start selling to at least one restaurant by the end of the year, though it previously planned to hit the market at the end of 2018."
I selected this article because it is important for everyone to know what they are eating. This is especially true for those who have health problems or are restricted to eat certain foods. In general, artificial products have taken over many fields and users need to understand the impact these changes are causing.
Name: Gorman Aguilar
Title of Article: Lab-Grown Meat Is Coming, but the Price Is Hard to StomachTime published: May 2nd, 2019
Link: https://www.wsj.com/articles/lab-grown-meat-is-coming-but-the-price-is-hard-to-stomach-11556805600?mod=foesummaries
With new technology coming out every day, consumers are in need of becoming more informed about their choices. With different ways produce is grown such as GMO's or organically grown, consumers need to know what exactly they are purchasing and putting into their bodies and at what price points. This was a well written summary of an up and coming choice to better inform consumers.
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