Report lays out Asia's growing food challengeA new report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has found that Asian food consumption is expected to increase significantly up to 2050, driven by larger populations, higher incomes and bigger cities.
The report What Asia Wants: Long-Term Food Consumption Trends in Asia is aimed at helping Australian food producers and exporters identify opportunities in the marketplace.
Launching the report, Minister for Agriculture, Barnaby Joyce said it provided trends and forecasts that could be used to plan efforts to increase agricultural exports.
“For Australian farmers to capitalise on these opportunities, the Australian Government needs to reduce market barriers and commit to comprehensive free trade agreements that bring a fair return to the farm gate,” Mr Joyce said.
“In Asia there’s been a shift from traditional diets oriented around starchy staples to more varied diets with higher protein foods, particularly meat and dairy products.”
He said that in China, import demands were expected to rise for coarse grains, sugar, beef, sheep and goat meat, dairy products and vegetable oil.
“As a largely vegetarian nation that relies on dairy as a source of protein, dairy imports in India are projected to increase to $13 billion by 2050. India is also projected to become a significant net importer of vegetables and fruit with $14 billion imports by 2050,” Mr Joyce said.
“In the ASEAN member States vegetable and fruit consumption is projected to more than double by 2050, with net imports increasing to $8 billion in the region. By 2050, beef consumption in ASEAN member States is projected to be 120 per cent higher than in 2007, with imports expected to expand by $3 billion over this period.”
To view the report go to this PS News link.
Edition 383, 15 October 2013