|Titolo||Chemical solutions to food megatrends|
|Descrizione||Chemical solutions to food megatrends
Various studies indicate that feeding the world in the next few decades will strain resources, calculating to 1.7 - 2.0 “Earths” being needed to feed the planet in 2030. Some other astonishing facts affecting the food supply chain include:
Need to feed: World population will reach 8.3 billion by 2030 and require twice as much food.Waste: Approximately 30 percent to 50 percent of food is wasted in the food chain, from farm to fork.
Natural disasters: The US had an average of only two “billion dollar disasters” per year in early 1980s; by the end of the 2000s, it was over 10 per year1.
Safety: Over 94 million people in China become ill from bacterial food-borne diseases each year; about 8,500 deaths occur from the same2.
Fresh water: Agriculture is responsible for 70 percent to 80 percent of fresh water use3. Water access is a hurdle for developing region farms (markets).
On top of all this, consumer preferences are changing, in favor of more convenient, healthier and trendy foods. Clearly there are many challenges in the food industry supply chain.
However, time has proven that industrial initiative has solved and continues to solve these issues. A recent survey we undertook with ICIS Chemical Business indicates that 75 percent of chemical industry professionals believe that technology will provide the answer. Our own patent research shows that approximately half of patents in the global food industry are based on chemicals and packaging technology. The chemical industry has a big role to play in the future of world food supply. I picked a few aspects of this to discuss below.
We estimate that chemical and plastics use in the world food industry, in the broadest context (including within agriculture, food processing and packaging) is about a US $250-$350 billion dollar/year market, depending on what you include (GMO seeds, for example, which are primarily made by chemical companies, can be counted in or out). In addition, chemical use in this industry has been growing at 1.4 to 1.7 times the growth in food production, using the US as an example.http://www.irowater.com
|Numero di camere||1|
Registrati o fai il login.