A leader in the vegan food industry claims lab-grown meat will be on the market by the end of next year. Hampton Creek, the company behind vegan mayonnaise and cookie dough revealed this week it has been secretly developing technology to produce lab-made meat and seafood, or as they call it, “clean meat.” Business Insider reports that if Hampton Creek lives up to its timeline, it would beat its competitors to the market by three years. California-based startup Memphis Meats, which has raised at least $3 million, is the only other company that has said it will go to market, and not until 2021. By contrast, Hampton Creek has raised more than $120 million to develop the lab-made meats.
From the National Association of Farm Broadcasting News Service.