The Nihon Keizai Shimbun website published an article entitled "India will become a global food consumption center" on July 9, with the following excerpts:
The protagonist of the world food consumption market will shift from China to India. The Food and Agriculture Organization of the United Nations and the Organization for Economic Cooperation and Development predict that China's driving role in world food consumption will weaken in the next 10 years, while India's influence will increase. The changes in dietary habits in emerging market countries and developing countries may have a decisive impact on future food supply and demand.
The "Agricultural Outlook 2024-2033" recently released by the Food and Agriculture Organization of the United Nations and other agencies indicates that global consumption of domestic agricultural products, including feed, will grow at a rate of 1.1% per year. 94% of the incremental demand will come from emerging market countries and developing countries such as India, Africa, and Southeast Asia, "said a senior economist in the Market and Trade Department of the Food and Agriculture Organization
The biggest change will be that the protagonist of consumption will shift from China to India.
