Global food consumption expected to increase by 15%

Published 2020년 10월 13일

Tridge summary

A recent report by the OECD and FAO forecasts a 15% rise in global food consumption by 2029, attributed to income growth, dietary shifts, and health and environmental trends. The consumption of agricultural and marine products, currently divided into 52% food, 31% feed, and 17% fuel and other industries, is expected to shift towards feed and biofuel in high-income countries. The production of agricultural and livestock products is anticipated to largely increase in developing countries like South America, India, and Africa, with crops expected to see a significant increase by 2029. However, the report also acknowledges the short-term challenges posed by the COVID-19 pandemic on the agri-food sector, including reduced consumption and disrupted production and distribution.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global food consumption is expected to increase by 15% from now until 2029, 10 years from now, due to changes in income, dietary habits, and increased interest in health and environment. The OECD (Organization for Economic Cooperation and Development) and FAO (United Nations Food and Agriculture Organization) recently jointly published the '2020-2029 Agricultural Outlook' report, which contains the medium-term agricultural outlook for the next 10 years, and made this prediction. According to the report, the consumption structure of agricultural and marine products will not change significantly from the current structure, which is 52% food, 31% feed, and 17% for fuel and other industries, but low-income countries consume food directly, and high-income countries such as North America consume feed and biofuel. The proportion is expected to increase. Food consumption is expected to increase by 15% thanks to an increase in population and income, with the global average calories ...

Source: Aflnews