Why 30 by 30 Food Security Hinges on Cost, Not Tech
/ Insights / Articles / Why 30 by 30 Food Security Hinges on Cost, Not Tech

Why 30 by 30 Food Security Hinges on Cost, Not Tech

Published on: Dec 18, 2025 | Author: Marketing & Communications

30 by 30 food security is one of Singapore’s most ambitious national goals. The country aims to produce 30% of its nutritional needs locally by 2030. This target exists for one reason. Singapore imports most of its food and remains exposed to global shocks, price swings, and supply disruptions.

To close this gap, the government is betting on technology. Lab-grown meat. Bioreactors. Vertical farms. Singapore has become the world’s testbed for future food systems, turning limited land into an innovation advantage rather than a weakness.

30 by 30 Food Security: A Mixed Scorecard Beneath the Ambition

Progress under the plan has been uneven. Eggs are the standout success. By 2023, local egg production reached 35% of national consumption, already exceeding the target. This shows what is possible in mature sectors with proven economics.

Other categories lag far behind. Vegetables account for only 3% of consumption. Seafood sits at 7%. In 2024, just 8% of fiber intake and 26% of protein came from domestic sources. Even pessimistic projections suggest total local nutrition may reach only 15–20% by 2030 without major policy or cost shifts.

These numbers reveal a clear pattern. Technology can raise output, but scale and price still matter more than novelty.

Lab-Grown Meat: From Global First to Global Test

Singapore made history in 2020 by approving the world’s first sale of lab-grown chicken. This decision placed the country at the center of cultivated meat development. Since then, pilot projects have expanded, and local protein coverage reached 26% by 2025, including early-stage cultivated meat.

Yet reality is sobering. Lab-grown chicken still costs 10 to 20 times more than conventional chicken. High energy use in bioreactors remains a major barrier. Even with progress, current pilots have achieved only 20–30% cost reduction. Price parity would require cuts closer to 90%.

Projections suggest cultivated meat could meet 15–20% of seafood targets by 2030, but only if costs fall by at least half. This is the line between promise and practicality.

Read Also: The Strength of Singapore ESG Finance Hub Fuels Regional Innovation

The Scalability of 30 by 30 Food Security Over Spectacle

The market conversation has changed. Investors and policymakers are no longer asking if lab-grown meat works. They are asking if it can scale.

Consumer behavior is clear. Around 80% of buyers still prefer imported food unless local products are priced within 10% of conventional chicken. Vertical farms offer yields up to ten times higher than traditional farming, but most still rely on subsidies. Price parity is the real milestone, not production volume.

Singapore’s government has invested over SGD 100 million in bioreactors and vertical farms since 2019. These pilots have doubled vegetable output in controlled environments. The next phase is harder. Lower costs. Higher efficiency. Commercial survival.

Read Also: Singapore Smart City Initiatives Lead to a Sustainable Future

What 30 by 30 Food Security Really Depends On

The future of food security in Singapore will not be decided by scientific breakthroughs alone. It will be decided by economics. Eggs show what success looks like. Lab-grown meat shows how far there is still to go.

For companies and investors navigating Singapore’s evolving food landscape, deep market insight is essential. To explore more services related to 30 by 30 food security, connect with Market Research Singapore by Eurogroup Consulting. With 40 years of distinguished experience, Eurogroup Consulting excels in strategic consulting and market research in Singapore, helping organizations succeed in a fast-changing and highly regulated market.

Unlock the potential of your business in dynamic markets with our expert consulting services.

With over 40 years of excellence, we deliver innovative solutions tailored to your needs.

Contact Us Today
Download Whitepaper

/ Contact Us

Speak to advisors with experience in the Singapore market

 

Address

600 North Bridge Rd
#13-06 Parkview Square
Singapore 188778

  • No results found