The European Union is set to review the first application for lab-grown meat to be sold, as the alternative protein sector faces challenges in securing necessary investment for large-scale production. This sector encompasses a variety of methods for creating meat and dairy replacements, such as precision fermentation and cultured meat, as well as plant-based options. However, a report shows that investment in alternative proteins has plateaued, with the majority of funding going to one major plant-based company, Oatly. Dutch company Mosa Meat leads in European investment for cultured meat. The sector faces high production costs and requires significant funding for factory construction and infrastructure development. Despite some European government support, there is resistance from countries like France and Italy.