The beef and dairy industries will be “all but bankrupt” by 2030 as new technologies in cellular agriculture and fermentation take center stage, according to a new report.
Independent think tank RethinkX has released a 76-page report titled “The Second Domestication of Plants and Animals, the Disruption of the Cow, and the Collapse of Industrial Livestock Farming”.
It gives a comprehensive analysis into the reasons the meat and dairy industries are facing a drastic decline.
The report explains that food innovations, technology and new business models are paving the way for an imminent downfall of traditional agriculture and farming practices for the first time in recorded history.
Report co-author Catherine Tubb states: “We are on the cusp of the deepest, fastest, most consequential disruption in food and agricultural production since the first domestication of plants and animals ten thousand years ago.
“Technology we call precision fermentation and a new production model called Food-as-Software are dramatically driving down the costs and driving up the quality of manufactured proteins.
“The industrial livestock industry is one of the oldest, largest, and most inefficient food-production systems in the world. Modern ingredients and the foods are about ten times more efficient across the board – from land and water use, to feedstock consumption and energy use.”
Macro-organisms vs microorganisms
The report highlights that humans mastered macro-organisms by domesticating animals and plants.
However, now the focus has shifted to mastering micro-organisms with pioneer technologies such as cellular agriculture and precision fermentation.
With further development these will become more efficient in terms of land, feedstock, time and water conservation and will produce less waste, making animal-free products superior, cheaper, healthier and more sustainable.
According to RethinkX by 2030:
- The number of cows in the US will drop by 50 % and revenue generated by the beef and dairy industries will dip by at least 50%
- The demand for ground beef will have reduced by 70%, steak market by 30% and dairy market by almost 90%
- The U.S. dairy and cattle industry will be washed out.
The report states: “The beef and especially, dairy industries operate on extremely thin margins, with high operating and financial leverage, and are propped up by government subsidies.
“Both are already hanging in the balance and just a small drop in demand will send them spiraling towards bankruptcy.”
The report further adds that by 2035, 60 percent of land in the US currently used for animal rearing will be free for other uses. This equals around 485 million acres of land.
The report pointed out: “Product after product that we extract from the cow will be replaced by superior, cheaper, modern alternatives, triggering a death spiral of increasing prices, decreasing demand, and reversing economies of scale for the industrial cattle farming industry, which will collapse long before we see modern technologies produce the perfect, cellular steak.”
Is the meat industry doomed to extinction? Share your thoughts in the comments section below!
Vegan culture, food, beauty & more
- Totally Vegan Buzz Team
- 19th June 2020
All sorts of plant-based foods and products will be up for sale at this summer’s Vegan Farmers’ Market in Vancouver. Vancouver is gearing to launch the city’s first Vegan Farmers Market on 27 June at Vancouver’s Concord Community Park. The event will operate right through summer for eight full Saturdays from 10 a.m. to 2 …
- Charlotte Coates
- 13th January 2020
Perfume has the power to transport you. A favourite scent can remind you of many things – conjuring up the bliss of a relaxing holiday, the comfort of home or even a butterfly-filled first date. There are so many wonderful scents to choose from, no matter if you prefer musky notes, floral hints or fruity …
All the quizzes you love to binge!
- Marlon Farrugia
- 10th January 2020
How much vegan knowledge do you have stored away? Do you have to Google your way through a shopping trip, or do you have all the bad E-numbers memorised? Find out now with this quiz. Marlon Farrugia Marlon Farrugia is a freelance writer from Brighton. He has been a dedicated vegan for many years, and …
- Marlon Farrugia
- 13th October 2019
Spook Season approaches. There will be ghosts, goblins, ghouls, and glucose. You need a costume, and you want to it to show off your personality, which means VEGAN. But what to choose? Take our quiz to find out your perfect outfit. Marlon Farrugia Marlon Farrugia is a freelance writer from Brighton. He has been a …
- Marlon Farrugia
- 26th September 2019
“If you were a vegetable, what kind would you be?” A question that has tormented humanity throughout the ages – until now. Read: QUIZ: If you score 19/20 on THIS quiz, you’re a Vegan God Marlon Farrugia Marlon Farrugia is a freelance writer from Brighton. He has been a dedicated vegan for many years, and …