Singapore approves sale of lab-grown meat

Singapore has approved the sale of chicken meat grown in a lab by an American company.
Singapore has approved the sale of chicken meat grown in a lab by an American company.

Singapore has given US start-up Eat Just the green light to sell its lab-grown chicken meat, in what the firm says is the world's first regulatory approval for so-called clean meat that does not come from slaughtered animals.

The meat, to be sold as nuggets, will be priced at premium chicken prices when it first launches in a restaurant in Singapore "in the very near term", co-founder and CEO Josh Tetrick said.

Demand for alternatives to regular meat is surging due to concerns about health, animal welfare and the environment.

Plant-based substitutes, popularised by the likes of Beyond Meat , Impossible Foods and Quorn, increasingly feature on supermarket shelves and restaurant menus.

But so-called clean or cultured meat, which is grown from animal muscle cells in a lab, is still at a nascent stage given high production costs.

Singapore, a city state of 5.7 million, currently only produces about 10 per cent of its food but has set out ambitious plans to raise that over the next decade by supporting high-tech farming and new means of food production.

Josh Tetrick said the San Francisco-based firm was also talking to US regulators but that Singapore was a "good bit" ahead of the United States.

"I would imagine what will happen is the US, Western Europe and others will see what Singapore has been able to do, the rigours of the framework that they put together. And I would imagine that they will try to use it as a template to put their own framework together," he said in an interview.

The Singapore Food Agency said it had reviewed data relating to process, manufacturing control and safety testing before granting approval.

Founded in 2011, Eat Just counts Hong Kong tycoon Li Ka-shing and Singapore state investor Temasek among its backers. It has raised more than $US300 million ($A407 million) since its inception, Tetrick said, and is valued at roughly $US1.2 billion ($A1.6 billion).

Globally more than two dozen firms are testing lab-grown fish, beef and chicken, hoping to break into an unproven segment of the alternative meat market, which Barclays estimates could be worth $US140 billion ($A190 billion) by 2029.

US-based Memphis Meats raised funds this year in a deal led by Japan's SoftBank Group and Temasek, while Singapore's Shiok Meats, which aims to become the first company to sell lab-grown shrimp.

Australian Associated Press