Cultivated meat companies are adjusting their business strategies to focus on shared production infrastructure, specific product benefits, and alternative markets due to funding challenges and commercial realities. PARIMA is concentrating on premium food products, Bluu is prioritizing personal care ingredients before entering the food market, and Mewery is developing a co-cultivation platform with microalgae while seeking public funding. PARIMA has made technical progress, including producing over two metric tons of biomass and obtaining regulatory approval in Singapore, but faces investor skepticism due to the sector’s evolving progress. Bluu found that personal care ingredients offer higher prices and lower regulatory barriers, allowing the company to work on its seafood technology through partnerships. Mewery, with limited funding, aims to bring its first product to market in Singapore by 2027. The companies emphasize the need for practical benefits, regulatory engagement, and shared facilities to navigate the challenging commercial landscape.
Source: PARIMA, Bluu and Mewery founders set out new routes to cultivated meat commercialization | PPTI News
