Vegetable meat and the future of agro for Brazil's trading partner - China, by Ronaldo Lemos

Published 2022년 5월 16일

Tridge summary

China is planning to increase its food independence by preserving arable land, increasing local grain production, investing in agricultural science and technology, controlling seeds and plant varieties, and promoting diversification of import sources. The country is also looking to capitalize on the growing plant-based protein market, due to its potential competitiveness in pricing and president Xi's push for dietary shift towards plants. The article highlights the uncertainty in the plant protein market and the need for standardization, with significant venture capital investment in the sector. Brazil is encouraged to monitor these developments.

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

Original content

China, a trading partner of Brazilian agribusiness, wants to increase its food independence. If there is one area in which Brazil is clearly competitive globally, it is agribusiness. However, it would be irresponsible to believe that the current economic success of Brazilian agriculture will last forever. Geopolitical, technological, innovation and consumer preference changes threaten Brazil's bet on the sector. First, it is worth remembering that the success of agribusiness happens in direct correlation with China's economic rise. In 1980, China imported 16.4% of the soy it consumed. In 2020 this volume reached 84.1% according to FAO data. It's no small thing. China now needs to feed 18% of the world's population, but has only 6.5% of arable land. Brazil took this opportunity to establish itself as a supplier, assuaging part of this demand. However, since 2021 the topic of food independence has been growing rapidly in China. In this sense, the five-year plan launched in 2021 is ...

Source: Brasilagro