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China sets the stage for mass adoption of 'cultivated meat', but it also opens real opportunities for the real thing done right. Guy Trafford also wonders if we have a key brand ambassador opportunity?

Rural News / analysis
China sets the stage for mass adoption of 'cultivated meat', but it also opens real opportunities for the real thing done right. Guy Trafford also wonders if we have a key brand ambassador opportunity?
Chinese meat substitute

China has been in the news this last week or so for all the positive reasons for a change, notably the Winter Olympics where it is show-casing itself yet again as setting a standard which makes the rest of us sit up and watch. Looking through the Chinese English media sites one of the things that leapt out was the news that the US trained Chinese free style skier Eileen Gu has turned her success on the slopes into a multi-million windfall. It is estimated that she has made over US$31 mln from endorsements and promotions in the last year, such is the pulling power of a sports celebrity there. Shifting her allegiances from the US to China has certainly increased her profile but even without it she would most likely have achieved success.

It got me wondering, given the profile the snow boarders have achieved especially with younger Chinese who, preferably in New Zealand, is going to snap up snow boarder Zoi Sadowski-Synnott? As one of the more successful female snowboarders over there and coming with what seems to be a clean pedigree and great PR both at a personal level and at the national level (where politics is concerned) she looks to be ripe for the plucking by a New Zealand international company. Fonterra springs to mind.  As a brand ambassador it would be hard to find a better fit for clean, green New Zealand products, especially in China. Hopefully some marketer has taken notice and already has plans afoot before her star starts to fade. Whether she harbours the same ambitions, who knows, but a sports career can be oh so short.

Sticking with China, news has come out that China has included 'cultivated meat' and other “future foods” in its five year agricultural plan. Now that China has belatedly awoken to the threat of climate change, and with 30% of its agricultural emissions coming from cattle, the interest in ‘lab meat’ was always going to happen.

Recent surveys there has come up with results that show consumers are not so enamoured with the current range of plant-based meat alternatives, but 90% of those surveyed indicated they would be prepared to try 'cultivated meats'.

A similar US study came up with only 25% of those surveyed in the US would consider the same.

Depending upon where you look, demand for ruminant meat (beef, mutton lamb etc) is expected to increase by between 50% -100% by 2050 (Good news for New Zealand producers if we don’t stuff it up). What this would mean to the environment doesn’t bear thinking about, despite our prejudices.

So for the ‘masses’, lab-based alternatives makes perfect sense to take up the shortfall. This should fall into New Zealand’s lap if we can still produce the ‘real’ stuff but in a sustainable way (or mostly anyway and certainly far better than our competitors).

So let the lab meat keep peoples taste buds salivating but for us target that top end that are prepared to pay at rates that allow us to do it sustainably.

In the meantime the world needs to be grateful (perhaps the wrong term but certainly we should glad) that China is managing to still keep Covid largely at bay. Without their economy still pumping relatively hot both with exports and imports it keeps the rest of the world economies (including New Zealand) functioning and consumers satisfied. It should also be a reminder just how precarious the world situation still is.

This is especially so when we consider that the Chinese vaccines do not appear to be as effective with battling the omicron variation even with their 87% vaccination rate. A Goldman Sachs report from January had the scenario that if the virus was to get out of control in multiple provinces, then its GDP would plummet to 1.5% this year, its lowest since 1976. Plus of course apart from the economic disruption there is the human toll.

So, while there is light ahead that Covid may finally become if not a memory, then certainly something we can all tolerate, we are not (quite) there yet, and of course, there is still the risk that there may be another twist yet in the tail.

P2 Steer

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10 Comments

The threat of substitution is real.

De-carbonisation with its escalating cost may eventually decimate the meat industry.

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The doubling of demand for red meat will cause major environmental damage to the worlds forests and soils. The Chinese are obviously very aware of the constraints on World production.

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If they can make lab meat cheaper than actual meat it might become popular but for now most people prefer to pay a premium for the real deal.  As a farmer it's obvious that you can't just increase the 'stocking rate' every year, but somehow this has evaded the collective conscious of society at large.  The available land is limited, naturally farmed foods are only going to go up in value.

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Considering the phobia a lot of people have about GM food it shouldn't be too hard to induce the same about fake animal product substitutes, especially if they use novel technologies in their manufacture.

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If world population keeps growing it's the quantity of protein required to feed the masses. Could be only the rich eat the real thing everyone else will have to eat whatever there is on offer.

 

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The scary thing is , we're already overstocked and the base resource that allowed that overstocking is now in decline. 

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And yet not concerned enough to reverse the root of the problem. https://www.bbc.com/news/world-asia-china-57303592

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CWBW,

I am still trying to decide how to tell my-now retired-wife that she wasted 40 years as a primary health care nurse, making a series of appalling financial decisions along the way(according to you) when she should have been out there 'making moolah'.

How best should I break this to her oh wise one? 

It must be sheer luck that her biggest share holding was the best performing share last year in the NZ market.

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Soylent Green beckons.  Solves overpopulation, and feeding the remainder, in one fell swoop.....not that we need to be in That export business, although there is historical form.....

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It got me wondering, given the profile the snow boarders have achieved especially with younger Chinese who, preferably in New Zealand, is going to snap up snow boarder Zoi Sadowski-Synnott? As one of the more successful female snowboarders over there and coming with what seems to be a clean pedigree and great PR both at a personal level and at the national level (where politics is concerned) she looks to be ripe for the plucking by a New Zealand international company. Fonterra springs to mind.

No way - athletes tend to avoid dairy and eat minimal amounts of very lean meat. Zoi also has her personal brand to think of and she would be wise to steer well clear of industrial dairy.     

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