Gourmet fish bladder races chicken, beef to profitability in Singapore's lab meat push

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Gourmet fish bladder races chicken, beef to profitability in Singapore's lab meat push
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Huber's Butchery in Singapore's lush Dempsey Hill is the lone restaurant in the world selling lab-grown meat, but the supply is so limited there are just six servings - cultivated chicken in a salad or on kebab sticks - only on Thursdays.

The technological, regulatory and scale barriers to entry for cultivated meat are very high compared to plant-based meat, said Didier Toubia, chief executive of Israel's Aleph Farms, which makes cultivated beef steak.

Eat Just and Avant Meats, for example, have cracked the code on replacing fetal bovine serum, found in the blood of fetuses extracted from cows during the slaughter process, with nutrients to produce cultivated meats. Hong Kong-based Avant Meats is more bullish than Eat Just, with ambitions to make a premium food, cultivated fish maw.

Avant Meats CEO Carrie Chan says the company can make cultivated fish maw for the same price as conventional fish maw and expects to be able to sell it for about the same price as the premium natural product.

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