Bill Gates and Richard Branson have invested in lab-grown meat companies.
Beef production is very inefficient. It takes more than 38 pounds of feed and 1799 gallons of water to produce 1 pound of beef.
Lab-grown meat requires 100 times less land and 5.5 times less water than traditional meat.
Foie gras currently costs $50 per pound. Lab-grown versions of Foie gras cost the same as lab-grown chicken nuggets. So high-end meat is the first targets for lab-grown meat.