The Good Food Institute (GFI) and Ivy Farm Technologies has hosted an event in Parliament to call for more investment in cultivated meat research and a better regulatory process.
The event was hosted by the chair of the APPG for Environment, Anthony Browne MP and attend by politicians from all parties.
There are signs that the Government is considering the opportunities that cultivated meat can bring to the economy and Net Zero targets. In February this year, the Novel Foods Regulations were updated specifically to support sustainable protein innovation.
The cultivated meat sector also has the potential to contribute up to £523m in tax revenue and provide £2.1bn to the UK’s economy by 2030. Research by Oxford Economics suggests the industry can also create almost 16,500 jobs, including 8,300 highly skilled jobs over the next decade.
Ivy Farm co-founder Dr Russ Tucker is keen that the UK is at the forefront of technological innovation, saying it is, "absolutely crucial that we have the regulatory framework to support its growth and to make the UK a world-leader in food technology. Without that, the UK is in danger of being left behind or worse still, UK companies will be forced to set up abroad.”