{"id":99195,"date":"2016-12-07T11:14:16","date_gmt":"2016-12-07T16:14:16","guid":{"rendered":"http:\/\/countingpips.com\/?p=99195"},"modified":"2016-12-07T06:14:52","modified_gmt":"2016-12-07T11:14:52","slug":"would-you-eat-3-d-printed-meat","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/12\/would-you-eat-3-d-printed-meat\/","title":{"rendered":"Would You Eat 3-D-Printed Meat?"},"content":{"rendered":"
December 7, 2016<\/div>
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By WallStreetDaily.com<\/u><\/a> \"Would<\/p>\n

We\u2019re past the dawn of the age of engineered food. The next step is the convergence of additive manufacturing and tissue engineering. That\u2019ll give us 3-D-printed steak.<\/strong><\/i><\/p>\n

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We love organic food. We hate genetically modified food.<\/p>\n

That\u2019s how the cool kids think these days.<\/p>\n

But the nerds have more complete information.<\/p>\n

So what the hell are we going to do with 3-D-printed food? Based on recent experience, the answer will come down to marketing, rather than science.<\/p>

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There\u2019s not much empirical support for the conclusion that organic production is better for you or for the environment.<\/p>\n

But organic food is definitely more expensive, so there is a potential \u201cstatus\u201d effect.<\/p>\n

Meanwhile, a May 2016 report by the National Academy of Sciences found no evidence that genetically modified organisms (GMO) threaten either human health or the planet.<\/p>\n

In fact, engineered crops could help solve global food shortages and at the same time mitigate the negative impact of climate change.<\/p>\n

The science doesn\u2019t matter.<\/p>\n

According to survey results released last week by the Pew Research Center: \u201c55% of Americans believe organically grown produce is healthier than conventionally grown varieties.\u201d<\/p>\n

There is some confirmation bias: 40% of Americans say \u201cmost\u201d or \u201csome\u201d of what they eat is organic, and 75% of these folks believe organic is healthier than conventional production.<\/p>\n

There\u2019s not much empirical support for the conclusion that organic production is better for you or for the environment.<\/em><\/strong><\/p>\n

This is one topic in American culture and society \u2014 perhaps the one topic<\/em> \u2014 not tied to politics. Nor is there much to do with \u201ceducation, income, geography, or having minor children.\u201d<\/p>\n

The Pew Research Center\u2019s survey of 1,480 adults from all 50 states conducted from May 10 to June 6, 2016, found that \u201croughly equal shares of Republicans (39%) and Democrats (40%) feel that GM foods are\u00a0worse for people\u2019s health.\u201d<\/p>\n

Moreover, 50% of Republicans and 60% of Democrats think organic foods are better for you.<\/p>\n

In other words, we \u2014 red and blue alike \u2014 are all anti-science.<\/p>\n

The critical factor lies in \u201cindividual concerns and philosophies about the relationship between food and well-being.\u201d<\/p>\n

As Pew notes:<\/p>\n

One indicator of such philosophies is the degree of concern people have about the issue of GM foods. The minority of U.S. adults who care deeply about the issue of GM foods (16%) are much more likely than those with less concern about this issue to consider GM foods worse for health (75% versus 17% of those with no or not too much concern about GM foods); they are also much more likely to consider organic produce healthier: 81% compared with 35% of those with no or not too much concern about GM foods.<\/p>\n

Another factor is the level of attention that individuals pay to healthy eating. \u201cThe 18% of Americans who are particularly focused on healthy and nutritious eating are especially likely to consider organic produce healthier than conventionally grown produce.\u201d<\/p>\n

These numbers are likely the result of successful marketing, on one hand, and, on the other, failure to communicate.<\/p>\n

Pressure from peers to \u201cgo organic\u201d is particularly intense.<\/p>\n

That\u2019s despite facts such as \u201cthe pesticide residue on conventional produce is only a miniscule fraction of the amount one would need to consume to have any discernible effect\u201d and that \u201ca child would have to consume an impossible 1,500 servings<\/strong><\/a> of conventional strawberries in one day before any effect occurred.\u201d<\/p>\n

Yet there\u2019s Whole Foods Market Inc.<\/strong> (WFM), now a $10 billion company with annual revenue of about $15.7 billion for the fiscal year ended September 30, 2016.<\/p>\n

Monsanto Co.<\/strong> (MON), the poster child for Big, Bad Global Agribusiness<\/strong><\/a>, did about $13.5 billion in sales during its fiscal year ended August 31, 2016.<\/p>\n

We\u2019re on the cusp of another revolution in food production that might make the GMO wars seem quaint by comparison.<\/em><\/strong><\/p>\n

You have an agriculture industry whose \u201csecrecy, lack of transparency in labeling, aggressiveness, and overblown claims for benefits have caused much harm to the scientific community,\u201d as Marion Nestle, Paulette Goddard Professor in the Department of Nutrition, Food Studies, and Public Health at New York University, put it in an email to Scientific American<\/em>.<\/p>\n

We\u2019re on the cusp of another revolution in food production that might make the GMO wars seem quaint by comparison.<\/p>\n

The convergence of additive manufacturing and biofabrication is going to put steak on your table in the very near future.<\/p>\n

So what will we make of 3-D-printed meat?<\/p>\n

3-D printing is already impacting the food industry via machinery such as the ChefJet Pro, manufactured by 3D Systems Corp.<\/strong> (DDD).<\/p>\n

This 3-D printer \u2014 a prototype originally developed to bind together plastic polymers \u2014 has enabled \u201cchef-scientists\u201d at the Culinary Institute of America to reimagine classic dishes such as peach Melba in, well, three dimensions, including \u201ca sprinkling of crunchy sugar feathers, so lifelike that they appeared to ruffle when the dish was set down.\u201d<\/p>\n

Another company, Natural Machines, markets the Foodini, \u201ca new generation kitchen appliance that combines technology, food, art, and design\u201d with the intent to \u201cstreamline some of cooking\u2019s more rote activities.\u201d<\/p>\n

Like the ChefJet Pro, the Foodini\u2019s feedstock is prepared ingredients. These machines turn sugar and dough into attractive, complex shapes difficult for humans to execute.<\/p>\n

That\u2019s no big deal\u2026 in the context of a world where we can now grow turkey meat in a test tube.<\/p>\n

As GlobalMeatNews.com notes:<\/p>\n

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3-D-printed meat production will become technically feasible and could create competition for traditional meat producers as consumers will ultimately be able to print their own meat products \u2014 although much research and development still remains, say American food academics.<\/p>\n<\/blockquote>\n

We\u2019re talking now about biofabrication \u2014 \u201cthe use of cells, proteins, biological materials and biomaterials as building blocks to manufacture biological systems and\/or therapeutic products.\u201d Its main disciplines are tissue engineering (TE) and regenerative medicine (RM).<\/p>\n

So what will we make of 3-D-printed meat?<\/em><\/strong><\/p>\n

Modern Meadow, a startup founded by the brains behind Organovo Holdings Inc.<\/strong> (ONVO), is focused on another aspect of livestock replacement: making animal-free leather.<\/p>\n

A recently closed $40 million Series B funding round \u201cwill enable the company\u2019s transition from research and development to manufacturing \u2014 and the commercialization of biofabricated leather for the first time.\u201d<\/p>\n

Modern Meadow\u2019s technology focuses on designing, growing, and assembling collagen, the primary biological component of leather. Its plans for meat are more long-term in nature.<\/p>\n

Hong Kong billionaire Li Ka-shing, via his Horizon Ventures fund, and Mark Zuckerberg, through Iconiq Capital, have participated in multiple financing rounds.<\/p>\n

ARTIS Ventures, Singapore-based sovereign wealth fund Temasek, Breakout Ventures, Red Swan Ventures, Collaborative Fund and former Apple Inc.<\/strong> (AAPL) executive Tony Fadell have also invested in the research and development phase.<\/p>\n

According to Modern Meadow, global consumption of meat approaches 300 million tons per year. It\u2019ll be 500 million tons by 2050.<\/p>\n

This is a substantial problem: Research indicates that the nitrous oxide released during agro-biofuel production and the production of methane from agriculture activity such as raising cattle may render efforts to replace fossil fuels moot.<\/p>\n

As Business Insider reports, \u201cModern Meadow says its solution will mean 99% less land required for the animals, 96% less water used to create the meat, 96% fewer greenhouse gases emitted, 45% less energy needed to produce the meat, and, of course, it will keep animals from being hurt or killed.\u201d<\/p>\n

Here\u2019s the question that\u2019ll have to be answered: Is it actually meat?<\/p>\n

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NBNBC<\/h2>\n

According to the Chicago Tribune<\/em><\/strong><\/a>, Tyson Foods Inc.<\/strong> (TSX) has launched $150 million venture fund to \u201cdevelop new food technologies.\u201d<\/p>\n

\u201cTyson New Ventures,\u201d writes Robert Channick, \u201cwill invest in ag-tech startups creating alternative forms of protein, eliminating food waste and tapping the \u2018internet of food\u2019 to promote efficiencies in the food chain.\u201d<\/p>\n

The unit has already taken a 5% stake in Beyond Meat, which makes a pea-based veggie burger. The Bill Gates-backed plant-based protein producer already has its product in Chicago-area Whole Foods outlets.<\/p>\n

Smart Investing,<\/p>\n

David Dittman
\nEditorial Director, Wall Street Daily<\/i><\/p>\n

The post Would You Eat 3-D-Printed Meat?<\/a> appeared first on Wall Street Daily<\/a>.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com We\u2019re past the dawn of the age of engineered food. The next step is the convergence of additive manufacturing and tissue engineering. That\u2019ll give us 3-D-printed steak. We love organic food. We hate genetically modified food. That\u2019s how the cool kids think these days. But the nerds have more complete information. So what […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-99195","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=99195"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99195\/revisions"}],"predecessor-version":[{"id":99202,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99195\/revisions\/99202"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=99195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=99195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=99195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}