Global agriculture is facing unprecedented challenges. It’s estimated that the world’s population will reach 9.1 billion by 2050 with an ever expanding middle class. Current food production levels will have to be increased by 70% to […]
The global cereal grains market showed an upward trend from 2007 to 2016, expanding by 4% to 2,676 million tonnes in 2016. The cereal grains market grew with a CAGR of +2.6% over the last nine years, according to IndexBox estimates. In value terms, the market kept at the same level of 2015 and stood at $632bn in 2016. From 2007 to 2016, the market value was subject to significant fluctuations against changes in prices, crop yield and global cereal grains reserves.
Unsafe food containing harmful bacteria, viruses, parasites or chemical substances, causes more than 200 diseases worldwide, according to the World Health Organisation (WHO), which has also stressed that food safety, nutrition and food security are inextricably linked. Unsafe food leads to disease and malnutrition, particularly affecting infants, young children, the elderly and the sick.
The fourth industrial revolution will bring significant change to South African agriculture and agro-processing. According to Nico Groenewald, Head of Agriculture at Standard Bank Group, it will introduce new challenges and opportunities