Daily Archives: November 20, 2016
A strong theme emerged from the Future Food Tech Summit in London last week, that the world is in desperate need of innovative and sustainable solutions to increase agricultural output, while reducing inputs, in order to meet the needs of a growing population. At the forefront of these discussions was the consensus that the global food ecosystem is becoming very complex. As it undergoes a rapid transformation towards higher-value products, there was a call to more efficient processes and higher degree of vertical integration that optimises supply chains. Although not yet well understood, the implications for the whole industry structure, its competitiveness and consumer markets would be far-reaching. Developing countries in particular face resource and structural constraints, potentially impeding a successful participation in emerging value chains. Transforming the ecosystem would have vital implications for poverty and food security.