Europe’s Cultivated Meat Market Could Create Up to €80Bn and 90,000 Jobs by 2050, But Key Investments & Policy Changes Critical
In collaboration with the Good Food Institute Europe, Systemiq Ltd. has analyzed current trends and data to estimate the future of cultivated meat and the economic, environmental, and health benefits it could bring to Europe. The analysis, released today in a new report, predicts that the global cultivated meat market could reach €170-510 billion by 2050. Meanwhile, the EU’s cultivated meat potential could deliver around €15-80 billion by 2050, directly creating 25-90,000 new jobs. However, this growth will only be possible if products achieve price and performance parity by 2035-40 and the sector overcomes current regulatory and political hurdles. The authors state, “Cultivated meat is still nascent, however it has the potential to bring us closer to reaching taste and texture parity with traditional meat and …