Singapore approves sale of lab-grown chicken meat

Lab-Grown Chicken Approved in Singapore00:00:08

Singapore has become the first country to approve the sale of lab-grown chicken meat. This meat, developed by the start-up Eat Just, is grown from animal muscle cells in a laboratory.

World's First Regulatory Approval for 'Clean Meat'00:00:17

Eat Just claims this is the world's first regulatory approval for 'clean meat', which means it's produced without the slaughtering of animals. Initially, the lab-grown chicken will be sold as nuggets.

Initial Price and Future Outlook00:00:34

The initial cost for a lab-grown chicken nugget is estimated at $50. However, CEO Josh Tetrick anticipates that the price will decrease to match premium chicken prices once it's launched in a Singaporean restaurant.

Rise of Meat Alternatives00:00:48

This development marks another step in the growing trend of meat alternatives, following the popularity of plant-based options from companies like Beyond Meat and Impossible Foods. This demand is driven by concerns for health, animal welfare, and the environment.