To understand the potential of this new industry within the EU, Systemiq, supported by the Good Food Institute Europe, modelled a range of ambitious yet plausible scenarios where certain technical, regulatory and political milestones for cultivated meat are met. The cultivated meat industry presents a significant opportunity for the EU, with the potential to create economic growth and jobs. For instance, the cultivated meat market in the EU could be worth a combined €15-80bn in new domestic and export markets across the value chain by 2050, contributing €20-85bn to the EU economy every year, and creating up to 90k new high-skilled jobs by 2050. Scaling up the cultivated meat sector in this way could also help to unlock a wider market for plant-based proteins, with broader economic benefits for producers and the agricultural sector.
Source: The Future for Cultivated Meat in Europe – SYSTEMIQ