Report on Cultivated Meat Predicts “Shake-Out Similar to Plant-Based Meat” Sector and Consolidation Amongst Players
A report published today by UK corporate finance house Oghma Partners has found that interest in cultivated meat has skyrocketed as the industry scales and becomes more economically viable, however, the authors project that a shakeout is likely and that could involve consolidation amongst the key players. Cultivated meat startups first began to emerge in the late 2010s, with around $176 million invested in the industry from 2016 to 2019. …