By 2070, the global population is expected to reach nearly 10 billion, requiring a 40% increase in calorie production to meet demand. … A Deloitte report sets out a compelling case for system-level transformation of the global food system, one that boosts food security, limits environmental harm and brings substantial economic gains.
Deloitte analysis shows that sustainable transformation could increase global food production by 9.2%, equivalent to an additional US$22tn in output across the next five decades.
The world could generate 1,030 trillion extra calories in 2070, enough to meet the nutritional needs of an additional 1.6 billion people.
However, this requires system-wide collaboration across finance, technology, producers, supply chains and government.
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“The way we have historically increased food production is no longer viable,” says Dr. Pradeep Philip, Partner at Deloitte Australia. “Sticking to the status quo will continue to exacerbate hunger and drive up food prices, which is not an option.”
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