Summary
Current estimates suggest that by 2050 the global population will reach 10bn. With so many mouths to feed, the task of producing more food with the limited resources that we have whilst simultaneously trying to reduce our carbon emissions to protect the environment and the crops we are trying to grow seems almost impossible. However, despite this uncertainty, there are some options and choices available to help deal with problem. These include reducing spoilage, protecting soil, increasing efficiency through technology, fairer distribution of resources, better education, protecting bio diversity and pollinators and bringing farming into unused spaces. But it will take a concerted effort from all of the major agriculture producers in order for it to be possible and without this we will certainly see ever more severe instances of drought, starvation and climate disasters as we move towards 2050.
Key Highlights
- Even according to conservative estimates from the Food and Agriculture Organization of the United Nations, global agricultural production could easily feed a much higher human population. In theory, even if the world’s population strikes 10 billion, feeding everyone will present few difficulties. Yet even now the Food Aid Organization estimates 785 million people do not have sufficient access to food to lead an active life; 12.9% of people in developing countries are undernourished. Wasted food is therefore a very real problem. The ability of whole populations to feed themselves in a sustainable fashion is under pressure. Some solutions, such as big data analytics, are helping but major problems including consumer and business attitudes persist.
- There have been major increases in food consumption across the world since the beginning of the 1960s. As the economic power of consumers rises with the years their demand rises as well, rendering the years to come crucial for the mankind. However, that is not only due to the economic power of the consumers but to the population as well which currently amounts for 7.7 billion. Researchers have predicted that until 2050 the human population will exceed 10 billion, making it nearly impossible to provide food for that amount of people. Now, the increase on the population, including the increase in demand for food, renders crucial the existence of alternative and more sustainable food productions, thus a more sustainable agriculture plan has to take place.
- The initiatives of governments have never been more necessary to encourage the agricultural industry to operate in a more productive and sustainable manner, considering the expected enormous growth in the number of mouths to feed over the coming few decades. Government subsidy intervention is crucial in the agricultural industry to encourage producers of essential crops to increase and maintain production, particularly when prices are volatile and potential profits could be reduced. The intent has always been to stabilize markets, help low-income farmers, and aid rural development. However, this is not always the outcome and many subsidy programs have been criticized for heavily funding global agricultural conglomerates over smaller localized and sustainable businesses.
Scope
- Examine some of the major issues effecting the agriculture industry
- See how some of the industries processes will have to change
- Learn where solutions might come from
- Understand the potential opportunities that might arise from new technology
Reasons To Buy
- How large will the global population become over the next few decades?
- What will this mean for climate change and the food supply?
- Can this situation be meaningfully resolved?
- What opportunities are there for companies to supply the solutions?