The continued rise in food costs internationally, in addition to the consequences of already being hit by the Covid-19 family budget pandemic and the increase in basic living costs, raises questions about whether the overall food production-supply of the planet can meet the growing demand for food.
Given that China has imported huge quantities of food for pig farming over the past ten months, due to its successful and rapid disengaging from the pandemic, the question of what will happen if India and China collectively increase food imports.
by Trust Economics-https://trusteconomics.eu
©The law of intellectual property is prohibited in any way unlawful use/appropriation of this article, with heavy civil and criminal penalties for the infringer.
Source: Trust economics https://trusteconomics.eu
We take for granted the increase in per capita income of an increasing proportion of the population of China and India in the coming years.
Rising food prices are putting increasing pressure on inflation, drastically increasing people is living costs and reducing their disposable income. The UN announced that global food costs for March 2021 increased for the tenth month in a row and stood at its highest level since 2014.
It is now a fact that, moving forward, the potential for nourishment of the world’s population will be constantly reduced, resulting in an increasing gap between global food demand and their production supply.
Social unrest in the future will come from the constant increase in food prices, the inability of businesses to absorb their rising costs, creating a real rather than a technical shortage of supply that will be constantly increasing globally.
This deficit will only be covered by the production and development of food in laboratories and, as is the case with lab grown meat, which will start to be produced in bulk quantities.
Investments in shares in artificial meat production laboratories and artificial food in general will see a significant increase, while food companies will invest capital in developing their own artificial food production laboratories. Demand for this type of food will be constantly increasing.
In addition, opening global markets for mutated foods will meet this ongoing global food demand by forcing prices in all foods to fall to satisfactory levels.
