Israeli food-tech advances as Aleph Farms seeks regulatory nod for cell-based steaks


Al-Monitor Pro Members


David Rosenberg

Israeli reporter specializing in business, economics and politics


Sept. 27, 2023

Bottom Line:

With a focus on alternative protein products, Israel in recent years has emerged as a key player in the global food-tech industry. The country has leveraged the same research and development prowess it has in ICT fields (it ranks No. 7 in the world for knowledge and technology outputs, according to the World Intellectual Property Organization) to become a global innovator in the segment. It is also making strides in commercialization, with Aleph Farms applying this summer for British and Swiss approvals for its cell-based steaks. However, food-tech is facing a severe fundraising slump and waning consumer demand for alternative protein products like fake meat. But industry figures say the market’s long-term outlook remains strong despite the challenge to address high prices and concerns about the health implications of excessive processing. Although no Israeli start-up is likely to emerge as a leading global player, the local industry will serve as a center for continuous innovation, creating start-up investment opportunities akin to those that now exist in the Israeli ICT sector.  

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 for annual access.