Mitsubishi & Aleph Farms Enter Japan with Lab-Grown Meat
Grace Mahas — January 20, 2021 — Business
References: livekindly.co
The Israelian company Aleph Farms recently launched a strategic partnership with Mitsubishi to bring lab-grown meat to Japan, where interest in cultured meat is growing. Aleph Farms is leveraging Mitsubishi's biotechnology expertise and manufacturing capabilities in order to scale both production and distribution. Together, the two will sell lab-grown steak, a type of clutred meat that is made from animal cells.
“The cooperation demonstrates Aleph Farms’ strategy of working together with the food and meat industries to ensure a successful integration of cultivated meat within the ecosystem while maximizing the positive impact we make,” Toubia said in a statement sent to LIVEKINDLY. “We are excited to bring cultivated meat production closer to the Japanese market.”
Image Credit: Mitsubishi, Aleph Farms
“The cooperation demonstrates Aleph Farms’ strategy of working together with the food and meat industries to ensure a successful integration of cultivated meat within the ecosystem while maximizing the positive impact we make,” Toubia said in a statement sent to LIVEKINDLY. “We are excited to bring cultivated meat production closer to the Japanese market.”
Image Credit: Mitsubishi, Aleph Farms
Trend Themes
1. Lab-grown Meat Expansion - The continued expansion of lab-grown meat production and partnerships presents opportunities for disruptive innovation in the food industry.
2. Cultured Meat Interest - Growing interest in cultured meat presents opportunities for disruptive innovation within the agriculture and biotechnology industries.
3. Strategic Industry Partnerships - Increased collaboration between lab-grown meat companies and traditional meat industries presents opportunities for disruptive innovation in both sectors.
Industry Implications
1. Food Industry - The food industry can benefit from disruptive innovation opportunities through integration of lab-grown meat production and distribution models.
2. Agriculture Industry - The agriculture industry can benefit from disruptive innovation opportunities by exploring new methods of meat production, including lab-grown meat.
3. Biotechnology Industry - The biotechnology industry can benefit from disruptive innovation opportunities by leveraging expertise in scaling lab-grown meat production and distribution with traditional meat partners.
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