Food Security: A New Vision

Key findings

Food security a challenge that resurfaced as a key priority

There are long-standing issues that are putting pressures on food security globally. High population growth in regions such as Middle East and African nations coupled with rising food prices threaten food availability and consumer access to healthy nutrition on a regular basis. Limited and even shrinking resources such as water and land question the sustainability of traditional methods of agriculture.

Coronavirus has exposed vulnerabilities, yet also opportunities

The coronavirus (COVID-19) pandemic has made these existing issues more apparent, and many countries consider food security of greater urgency for continued sustenance of their citizens. Improvements to import versus local production ratios, access to the variety of sources and raw materials, and supply chain routes are explored through greater synergies between both public and private sectors.

Governments and corporations escalate strategies to achieve food security

Localisation is important to shorten the supply chain and reduce import dependency, through this also aligns with rising consumer interest in food provenance. Diversification is also another goal for nations and companies to spread out risk. At the same time, sustainability has become more important for agriculture in order to maintain the health of resources such as land.

Digital transformation will be a key enabler in food security

Future strategies that will help to sustain the food ecosystem for the long term depend on digital transformation throughout the supply chain. Developments in agri-tech and production are integral in ensuring that the raw supply chain of food is sustainable and can be adopted by countries despite resource limitations such as land area. Transparency will also further boost the resilience of the ecosystem.