Global Demand and Supply

The World Bank estimates that global food production needs to increase by approximately 70% by 2050 to meet expected demand and account for economic growth in emerging markets and rising per capita income. At the same time, access to farmland becomes a global challenge. The supply of arable land is decreasing due to soil depletion, land scarcity/urbanization, climate change and biogas production.

 

In the face of increasing global demand, farmers are under rising pressure to increase production and use limited natural resources sustainably. Climate change reduces the availability of water, arable land and biodiversity, which is required for productive farming. Additionally, the world is facing a trend of urbanization, which will result in a growth of approximately 3 billion people living in cities by 2050.

 

Currently, 1.6 billion hectares of arable land are being farmed globally – in proportion to the ever-growing world population, arable land per capita has decreased by nearly 50% over the past 50 years.

Number of people living worldwide since 1700 in billions

Global Arable Land per capita in hectare