📺 Stream EntrepreneurTV for Free 📺

How Lab Grown Meat Industry is Beneficial for Franchise Investment Curating Success Artificially

By Franchise India Staff

This story originally appeared on Franchise India

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Franchise India

Synthetic meat is basically the meat curated in laboratories. Cultured meat is made using many of the similar tissue engineering techniques traditionally used in regenerative medicines. Scientists and industrialists claim the artificial meat to be more healthy and environment-friendly in comparison to natural meat. They believe in years to come, artificial meat can be seen in almost every supermarket and restaurants.

Recently, an Israeli start-up SuperMeat has announced a $3 million seed round to bring its lab-grown products to market. The company's "clean meat" is created by growing cells that have been extracted from chickens, bypassing the costly and environmentally taxing process of breeding, feeding, and slaughtering animals.

SuperMeat said that it expects its "clean chicken" products to go to market within three years, at a price "similar to the conventional chicken products currently available on store shelves," according to a company statement.

Here's why franchisors need to invest in this sector:

Creation of a new industry

It is believed that if the lab-grown meat industry takes off, a whole new creation of an industry will occur, offering ample job opportunities. Franchisors could invest in this sector, leading to a booming business in the near future. Thereby, signifying a beginning of a new era in the production of cultured foods, which could bring multi-benefits.

Support increasing demand of meat globally

With a rapidly growing population, the demandfor meat will gradually increase worldwide. According to a report, demand for meat is expected to increase by 56%, offering numerous opportunities to franchisors. They could play a vital role in satisfying this demand, increasing the worth of their business. With the industry to expand soon, it can be a perfect time for investors to capture the industry.

Increase of factory framing

If lab-grown meat works as a replacement for natural meat, many new factories would be set up, meeting the requirement of the people. Minimizing small-scale poultry farming, franchisors could be seen creating a whole new industry, and offering employment opportunities. With timely investment, franchisors could become the major player in the industry, seeking the best position for their business.

This article was originally published on Franchise India by Shahram Warsi.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Site Traffic Down? Here Are the Big AI Changes Google Made to Its Search Tool

Google's search changes have revenue-impacting implications for many websites.


How to Harness the Power of Authentic Storytelling to Become a More Effective and Inspiring Leader

Storytelling enhances business leadership by inspiring a culture of authenticity and trust through sharing relevant personal stories.

News and Trends

OpenAI's New Deal brings Reddit content to ChatGPT

Reddit's stock increased 12% during extended trading on Thursday after the firms announced a partnership to deliver content from Reddit to the well-known chatbot ChatGPT.

Business Solutions

Organize Your Podcasts and Audio Content with This $40 Plan

Player FM lets you organize and sync podcasts across different platforms in one place.