Food & Agriculture

[New] The impact of further population loss could be both economically devastating and precipitate a humanitarian crisis, as more than $24 billion of the U.S. economy and 35% of global food production relies on pollinators such as bees.
[New] The world had 60% less fresh water available than it did 50 years ago, while demand for food was predicted to rise by 50% by 2050 and natural disasters were only likely to increase in frequency because of the climate crisis, meaning even some stable states would become vulnerable by 2050.
[New] Direct federal payments to farmers are forecast to hit $37.2bn in 2020, the US Department of Agriculture said, the bulk of which will come from ad hoc disaster programmes including a scheme to provide relief during the coronavirus pandemic.
[New] In the short term, there could be a spike in demand for copper as projects are brought forward following the news from China's Energy Administration that subsidies for new offshore and onshore wind farm projects will end sometime later in 2020 and 2021 respectively.
[New] Groups will see more food and beverage using CBD, plant-based protein and ugly produce next year.
[New] Preserving the Amazon rainforest is of global importance in the fight against climate change, but it is under threat from forest fires, mostly started to clear land for agriculture.
[New] The Decade will offer a unique opportunity for the private sector and science to work together to increase ocean knowledge and shape it into sustainable solutions for society's 21st Century challenges, from climate change to food security.
[New] In Kazakhstan, we have already financed 672 MW of renewable capacity in just five years while in Kosovo we financed in 2019 two wind farms that will together provide more than 10% of the installed generating capacity.
[New] Global human population is projected to increase from 7.8 billion in 2020 to 9.2 billion by 2040, 4 creating greater demand for food, especially in fast growing regions in Africa and Southeast Asia.
An additional 17 million people could be food insecure in 2020 as a result of the covid-19 pandemic - totalling more than 54 million people in the U.S; and more than 2.04 million just in Pennsylvania.
The response to food waste was often inadequate and the amount of food thrown away or lost each year will rise by a third to 2.1 billion tonnes by 2030.
As the specialty food industry hits a record year of growth with $148.7 billion in sales, we are seeing that health benefits and sustainability concerns will continue to drive more food and beverage trends in 2020.
Global food loss and waste is the focus of Sustainable Development Goal (SDG) Target 12, which aims at halving wastage by 2030.
The goal of the Coalition of Action on Food Waste is to cut in half global food loss per capita by 2025.
While Goal 12 sets to halve per capita global food waste at the retail and consumer levels by 2030, CPF targets to achieve zero food loss in the production line and food waste throughout the supply chain in Thailand and overseas in 2030.
The US Department of Agriculture (USDA) expects US corn growers to receive an average of $3.10 per bushel (€103 per ton) for the 2020 harvest.
The global artificial intelligence in agriculture market generated a revenue of $1091.9 million in 2019 and is projected to reach the mark of $3807.3 million by 2024, at a whopping CAGR of 28.38% during the forecast period 2019-2024.
More than 3.2 million people are facing acute food security that threatens their health, and more than half of all Yemeni children under the age of five could be malnourished by the end of 2020, a health emergency that would affect them for the rest of their lives.
While goal 12 sets to halve per capita global food waste at the retail and consumer levels by 2030, CPF aims for zero food loss in the production line and food waste throughout the supply chain in Thailand.
As 2019 pet food sales approached $29 billion, sales of dog and cat food are expected to reach nearly $38 billion by 2024, with e-commerce surging to become the most significant retail channel.
As a result of the pandemic-driven accelerated consumer migration online, Packaged Facts expects e-commerce to surge to 34% of the pet food market by 2024, up from its pre-pandemic prediction of 27%.

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Last updated: 15 September 2020