Food Security Problems Exacerbated By Rapidly Expanding Global Middle Class

Thanks to rising disposable incomes in emerging market economies, the global middle class is expanding rapidly. Euromonitor predicts that by 2020 more than 1.5 billion households around the world will have disposable incomes over $10,000, using a measurement known as purchasing power parity. The growth in the global middle class is expected to drastically impact food consumption patterns as people shift from  staple foods toward more appetizing, nourishing and safe foods. This will impact global food demand and security, affecting businesses, consumers and the global economy. On top of that, weather-related disasters, population increases, rapid urbanization and deforestation are putting greater pressure on water and energy resources.