The Israeli cultured meat startup Future Meat Technologies has reduced its production costs by 50% on a path to achieving price parity with poultry. The startup has reduced the cost of cell-cultured chicken by 50% to around USD 4 per 110g, down from USD 7.50 at the beginning of 2021. Future Meat Technologies intends to eventually reduce the cost to below USD 2 and launch its product in the US within the next 18 months. 

The Boston Consulting Group forecasts that cell-cultured meat is expected will achieve price parity with animal meat by 2032, and Future Meat Technologies expects to achieve price parity by 2029. Future Meat Technologies is also working on obtaining its US regulatory approval from the United States Department of Agriculture and Food and Drug Administration by 2022.

Founded in 2018, Future Meat Technologies develops hardware and cell lines to manufacture cell-cultured meat with the intention of commercializing both its manufacturing hardware and techniques. The company also produces cultured fat and is currently working on its cultured lamb kebabs and beef burgers.