Global Population Projected To Cross 9 Billion By 2050, Food Security A Concern – Why Steakholder Foods’ (NASDAQ: STKH) 3D Printed Meat Could Help

December 12, 2023 at 09:25 AM EST

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By Faith Ashmore, Benzinga

As the world's population continues to grow, it is becoming increasingly important for us to find innovative ways to create a sustainable food supply. The global population is expected to reach 9.8 billion by 2050, and as it stands, the current food production systems cannot support that many people. That’s why so many scientists and governments are looking for innovative solutions to help alleviate food insecurity.

In recent years, innovative solutions like vertical agriculture have made headlines. Vertical agriculture refers to growing crops in vertically stacked layers using hydroponic technology. This method of farming uses significantly less water than traditional farming methods and can be done in urban areas, making it an attractive option for producing fresh produce in cities. It reduces the need for the transportation of produce, which significantly reduces carbon emissions. While this is a great solution for fruits and vegetables, it still doesn’t help with the global meat or fish supply.

3D Bioprinting For Food Security

That’s where 3D printing of meat comes into play. No longer the domain of science fiction, it's now becoming a reality. This technology involves using cells from animals to create meat products without the need for traditional farming methods. In addition to being more sustainable, 3D printing meat could also be a solution for the ethical concerns that come with traditional animal farming. Although it is still in its early stages, 3D-printed meat has the potential to revolutionize the food industry and create a more sustainable future.

Food insecurity is a global issue that affects millions of people around the world. This issue is exacerbated by the unequal distribution of resources, which makes it difficult for many people to access healthy and nutritious food. This issue is not only a matter of hunger, but it is also a matter of equity and access. Innovative solutions are not only a key to the future success of global food systems but crucial to food equity and sustainability.

Steakholder Foods Ltd (NASDAQ: STKH), a company focused on innovative food solutions, seems to be shaking up the meat industry with its cutting-edge 3D-printed meat technology. The company is at the forefront of the cultured meat industry and has recently signed a multi-million-dollar deal with a governmental body in the Gulf Cooperation Council (GCC) to commercialize its 3D bio-printing technology. The deal aims to address local food security goals in territories such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates that have typically struggled to maintain food supply without reliance on international support. The technology would enable Steakholder Foods to produce hybrid fish and meat products efficiently, sustainably and with lower environmental impact. This agreement is a milestone for the company and opens new opportunities for the production of novel foods in the Gulf region.

What Sets Steakholder Foods Apart From The Crowd

At the heart of Steakholder Foods’ mission is to make its 3D-printed meat technology accessible globally and improve food security and agricultural sustainability worldwide. This initiative aligns the company with many of the United Nations (UN) Sustainable Development Goals (SDGs), including zero hunger, responsible consumption and production and climate action. The company's efforts in developing new sustainable food sources and promoting responsible sourcing and production have led to it being recognized as a partner by various institutions, including the UN co-creating ventures program and the Global Compact for Sustainable Development. Through its collaborations, Steakholder Foods continues to help shape the food industry and contribute positively to global food security and sustainability.

With the global population projected to reach 9.8 billion by 2050, creating alternative and sustainable food sources is a pressing issue that demands innovative solutions. With its advanced 3D-printed meat technology, Steakholder Foods is making strides toward revolutionizing the meat and food industry to provide a sustainable, cost-effective and environmentally sound way of producing food.

Although its technology is still in the early stages, the outlook of 3D printed meat as a viable and ethical alternative to conventional meat production seems promising and could have remarkable potential for agricultural sustainability in the future.

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