ASX-Dividend-Report-Banner

SMU researchers partner Europe's leading precision-fermentation company on three-country study on consumer acceptance of lab-brewed eggs

September 19, 2023 08:09 PM AEST | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 SMU researchers partner Europe's leading precision-fermentation company on three-country study on consumer acceptance of lab-brewed eggs
Image source: Kalkine Media

BERLIN and SINGAPORE, Sept. 19, 2023 /PRNewswire/ -- Formo, Europe's leading precision-fermentation company, has partnered with the Singapore Management University (SMU) to examine consumer demand for a new class of products - precision-fermentation egg consumers products.

The study 'Not getting laid: consumer acceptance of precision fermentation made egg' published in Frontiers, a peer-reviewed journal and open science platform, was conducted by Formo Bio GmbH researcher Oscar Zollman Thomas, and SMU's Professor of Communication Management Mark Chong, Professor of Psychology Angela Leung, research fellow Tricia Marjorie Fernandez and Psychology PhD student Shu Tian Ng.

They surveyed 3,006 from across three continents in Germany, USA and Singapore to assess consumer demand, demographic predictors and motivating factors behind the embrace of an egg product made without chickens, instead using proteins produced by bio-designed microbes.

The debut of a precision-fermentation egg product marks a widened application of the company's protein production platform, demonstrating the company's ambition, and abilities to tackle ethical bottlenecks beyond dairy. An estimated 60% of the world's chickens reside in factory farms, thus the impetus Europe & Singapore, 19 September 2023 (Tuesday) – to create acceptable replacements is critical, with demand growing from both consumers and industrial food manufacturers for ethical, functional alternatives. 

The findings of Formo's research suggest that lab-brewed egg products are likely to find an enthusiastic market, with a substantial percentage (51% to 61%) of participants expressing a willingness to try the products. Interestingly, those consuming organic eggs and plant-based eggs displayed the highest willingness to embrace this new class of products.

While using breakthrough tech to tailor-programme microbes, Formo's brewing of proteins with precedent of consumption in the EU means such products will be able to imminently debut on markets, with ingredients considered non-novel under EU regulation. European consumers will be able to purchase precision-fermentation brewed eggs as soon as this year.

The reasons for adopting such products varied across the three countries. In Germany, participants cited animal welfare as a major factor influencing their interest. In Singapore and the USA, the main drivers were health aspects, as well as curiosity.

"This research demonstrates an appetite for precision fermentation made products, such as lab-brewed eggs, and that consumers are ready to both recognise the flaws of industrial egg production and adopt alternatives," said Oscar Zollman Thomas, lead author of the study.

"Cellular agriculture has the potential to revolutionise the way we produce and consume protein, addressing the environmental and ethical concerns associated with traditional animal agriculture," said Prof Mark Chong, SMU's lead researcher on the project. "Seeing appeal across the continents demonstrates cellular agriculture's capacity to create not a localised, but a global food system shift," he added.

- End -

About Formo - www.formo.bio
About Singapore Management Universitywww.smu.edu.sg

What are lab-brewed eggs?
Lab-brewed eggs are egg products with the same flavour and functionality as conventional eggs, but created without chickens. The product has the form of beaten eggs, with the crucial protein components produced by microbes, through precision-fermentation, in large brewery-like facilities. Precision fermentation is the process of harnessing microbe hosts to produce specific ingredients such as fats or proteins. This is done through reprogramming the DNA of microorganisms and then fermenting them in large brewery-style facilities. Precision fermentation allows for the production of functionally identical products to those produced by animals, or completely new proteins.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.