According to the previous reports, prices start from 118 yuan ($16.62) for two boxes of artificial meat to weighing 440 grams, six times the price of pork.
The company said the product is similar to real meat in terms of nutrients, taste and texture, but some consumers have expressed doubts about the high prices.
Artificial patties are not a new idea. Mark Post, a Dutch biologist at Maastricht University, cultured beef from cow stem cells years ago.
Unlike lab-grown meat based on cell culture, plant-based meat is made by extracting plant proteins from soybeans, peas, wheat and other vegetables and grains.
Last month, a Beijing-based food company put its mooncakes stuffed with synthetic meat on sale on Taobao a week before the Mid-Autumn Festival and sold over half of its limited 3,000 boxes of cakes in less than three days.
Jinzi's faux meat was claimed to be cholesterol-free and contain no animal hormones or antibiotics, according to Ma Xiaozhong, the company CTO and chief engineer.
He also noted that the company has obtained a food production license for the new product.
Jinzi can make five tonnes of plant-based meat products a day and has developed pork-flavored lab-grown patties and meatballs.
The global market for synthetic meat is expected to reach $12.1 billion in 2019 and grow at a compound annual growth rate of 15% to $27.9 billion by 2025, according to MarketsandMarkets.
However, some insiders argued that the high cost and Chinese consumer tastes make it impossible for artificial meat to replace real meat in the short term.
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SOURCE | ECNS
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