The FAO’s recent sobering report warned of the need to significantly increase investments in agriculture to meet the anticipated 50% increase in food demand by 2050. Asia as a net food and animal feed deficit region needs to up its game. PAUL TENG & CHRISTOPHER VAS comment.
The latest report by the Food and Agriculture Organisation (FAO) is sobering. Issued in February and titled “The Future of Food and Agriculture – Trends and Challenges”, it warned of the need to significantly increase investments in agriculture to meet the anticipated 50% rise in food demand by 2050. This will be driven by population increases but more notably, by rising incomes, which in turn fosters diet changes towards higher consumption of protein and processed food.
All this is occurring on the back of the growing urbanisation of Asia, where by 2050, more than 50%