Dao Foods to serve up clean meat to pork-loving China
Toronto-based Dao Foods International, Inc., is set to roll out more plant-based and lab-grown meat — also known as clean meat — to the Chinese market, a statement showed.
Dao Foods said it hopes to introduce “innovative climate-friendly protein products, primarily plant-based and clean meat (PBCM), into the Chinese market.”
The move is a collaborative effort among the Sino-U.S. group of environmental and societal impact-oriented ventures, Dao Ventures, Moonspire Social Ventures and private investment firm New Crop Capital.
To date, China consumes about half of the world’s pork production, an appetite that is set to grow amid its increasing population.
This is seen to contribute to exacerbating climate change, given that industrial livestock has its fair share in the global carbon footprint.
As such, clean meat, for quite some time now, has been deemed a solution to the issues arising from the robust and increasing demand for pork in China.
“[D]ao Foods is equipped to take advantage of this moment to make climate-friendly foods the norms, not the exception,” New Crop Capital investment manager Chris Kerr was quoted in a livekindly.co report.