Dutch government to invest €60M in cell-based agriculture sector
The Dutch government has set aside €60 million to put towards the development of cell-based agriculture in the country. This is the largest amount of public funding to has ever been put towards cellular agriculture – the process which cultivates food products like meat and milk from the cells of animals.
The money marks the first step in funding for a larger growth plan which will see between €252 and €382 million invested in cellular agriculture, as part of the country’s National Growth Fund. This Fund intends to bring economic growth to The Netherlands through investments in innovative economic fields.
Cellular agriculture deals with the production of products such as milk, fish, meat, or eggs by growing them from animal cells in laboratories rather than by slaughter. The Edison Group predicts that the cultured meat market will be worth $600 billion by 2040.
SOURCE: Sfera FM