Charoen Pokphand Foods and Future Meat Technologies will develop cultured meat products for the Asian market
The announcement comes months after Future Meat Technologies launched the world’s first cultured meat production line, just south of Tel Aviv capable of producing up to 500 kg of products per day.
Future Meat products are uniquely non-GMO, as their technology allows chicken, lamb, pork and beef cells to grow indefinitely without the use of genetic modification. Proprietary engineering technology also allows the company to produce cultured meat products for less $16 per pound.
Prasit Boondoungprasert, CEO of CPF, said, “Following the first launch of CPF’s plant-based products under the Meat Zero brand last year, we have received outstanding market recognition both in Thailand and the Asian market. This year we will be rolling out to other parts of the world, including United States and European markets. Cultured meat is another exciting technology, having the same sustainability and animal welfare proposition as plant-based meat. It can also offer new properties to meet future consumer needs and will be a key part of our ambition to be one of the leading alternative protein companies. Future Meat is one of the technology leaders in this space, and we are excited to work with them to combine our expertise and deliver exceptional products for Asian markets. »
“We are extremely excited to expand our business and work in Asia“, said Prof. Yaakov Nahmias president and founder of the company. “Our technology is uniquely suited to meet the growing demands for quality protein in Asia at a time when environmental resources are dwindling. It is time to meet this challenge head on to ensure a future for all generations to come.”
Moses TalbiEVP Finance & Business Development at Future Meat, added, “We look forward to partnering with CPF, a global food leader that truly believes in delivering quality products while maintaining the sustainability of our planet. Future Meat is proud to commit to this partnership. .”
About the FCP
Charoen Pokphand Foods Public Company Limited (CPF) is one of the world’s leading agribusiness and food conglomerates. CPF operates a vertically integrated business to offer high quality products in terms of nutrition, food safety, taste and traceability, focusing on world-class production with advanced technologies as well as efficient and respectful production. environment through sustainable consumption of natural resources.
Based at Bangkok, Thailandthe Company has operated and invested in 17 countries, exporting products from Thailand in more than 40 countries and serving more than 4 billion people worldwide.
About future meat technologies
Based in Rehovot, Israel, Future Meat is the first cultured meat company to break through the cost barrier to commercial viability, making cultured meat delicious, non-GMO, healthy, sustainable and available for widespread consumption. Future Meat has created animal cell lines that grow indefinitely without genetic modification, eliminating the need to harvest animals. The company produces cultured chicken, lamb, beef and pork with numerous environmental, health and ethical benefits and will radically transform global meat production. Cultured meat requires less land and water to produce and uses no antibiotics. www.future-meat.com.
SOURCE Future Meat Technologies