Rising demand for food

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In the last 100 years, the global population has almost quadrupled — rising from 1.8bn in 1915 to 7.3bn today, and according to some estimates, it could reach almost 10bn in a few decades. Coupled with rising incomes in the developing world, this population growth is expected to lead to a spike in global food demand. According to data from the journal Agricultural Economics, demand for food could increase anywhere from 59% to 98% between 2005 and 2050.

(Source: Harvard Business Review)

Published in Dawn, Business & Finance weekly, April 25th, 2016