OECD-FAO Agricultural Outlook 2021-2030

The OECD (Organization for Economic Cooperation and Development) and the Food and Agriculture Organization (FAO) officially unveiled the OECD-FAO Agricultural Outlook 2021-2030. Here is everything you need to know.

OECD-FAO Agricultural Outlook 2021-2030 report - Overview

The OECD-FAO Agricultural Outlook 2021-2030 report is the outcome of a collaboration between the United Nations Food and Agriculture Organization and the Organization for Economic Cooperation and Development. It is being put together with the help of participant governments, along with international commodity organizations.

It is a resource for policy analysis and forecasting in the future.

It focuses on the basic economic and social trends which might drive the international agro-based sector, presuming no significant climate changes or policy changes.

The OECD-FAO Agricultural Outlook 2021-2030 offers a comprehensive assessment of the agricultural commodity, along with the fish market prospects in the coming ten years at the national, regional, and international levels.

The report's forecasts also identify areas wherein more emphasis is required to attain the Sustainable Development Goals (SDGs).

OECD-FAO Agricultural Outlook 2021-2030 Report - Key Takeaways

In comparison to certain other areas of the economy, the food and agriculture industry has exhibited superior persistence against the global COVID-19 pandemic. Countless people's availability of healthy diets has become more difficult due to the cumulative effect of loss of income and grocery retail price inflation.

Customers in middle-income nations will devour more food, while dietary habits in low-income states will remain relatively unaffected. Furthermore, worldwide food access per person is expected to increase by about 4% in the next ten years, extending to over 3025 kcal/day by 2030.

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Slow progress toward better nutrition, fat, and staples remain dominant in the food consumption growth. Furthermore, At the global scale, fats and staples have been estimated to be responsible for roughly 60% of excess calories within the next couple of years and provide 63 per cent of available calories by the end of 2030, while fruits and vegetables will resume to just provide 7% of accessible calories.

A low expected increase in livestock farming, coupled with better dietary quality in high-income nations as well as some emerging economies, could perhaps lead to delayed growth in feed consumption in the upcoming years. Numerous low and middle-income nations will see significant increases in feed demand in the next millennium as their livestock industries develop and amplify.

OECD-FAO Agricultural Outlook 2021-2030 Highlights

The Agricultural Outlook 2021-30 highlights the main patterns anticipated in food and agricultural industries over the next decade, supposing a swift recovery from the worldwide COVID-19 pandemic as well as no massive alterations in the weather conditions or the institutional framework.

While improvement is anticipated in many areas, in order to accomplish the 2030 Agenda and attain the SDGs by 2030, coordinated actions and increased improvements are required at all levels, including increased efforts from the agricultural sector.

FAQs on OECD-FAO Agricultural Outlook 2021-2030

Q1. What is the OECD-FAO Agricultural Outlook 2021-2030 report for cereal?

As per the OECD-FAO Agricultural Outlook 2021-2030 report, Cereal production is anticipated to grow by 336 Mt, owing primarily to profits made in substantial grain-producing nations.

Q2. What is the OECD-FAO Agricultural Outlook 2021-2030 report for Oilseeds?

As per the OECD-FAO Agricultural Outlook 2021-2030 report, Oilseed production is anticipated to grow by 1.3 per cent per year for the next couple of years, suggesting slower growth than in the previous decade.

Q3. What is the OECD-FAO Agricultural Outlook 2021-2030 report for meat?

As per the OECD-FAO Agricultural Outlook 2021-2030 report, Meat supply is expected to grow over the forecast period, attempting to reach 374 Mt by the end of 2030. Global meat production is increasing, primarily due to increased poultry production.

Q4. What is the OECD-FAO Agricultural Outlook 2021-2030 report for fish production?

As per the OECD-FAO Agricultural Outlook 2021-2030 report, During the forecast timeframe, global fish production is expected to grow at a rate of 1.2 per cent per year, a slowdown from the previous decade's rate of 2.1 per cent per year.

Q5. What is The OECD-FAO Agricultural Outlook, with regard to OECD-FAO Agricultural Outlook 2021-2030 Report?

With regard to OECD-FAO Agricultural Outlook 2021-2030 Report, The OECD-FAO Agricultural Outlook evaluates the potential of agricultural commodities markets at the nationwide, regional, and international scales over the next couple of years. Manufacturing, usage, equities, trade, and costs for cereal crops, oilseeds and oilseed goods, pulses, sugar, roots and tubers, meat, cotton, biofuels, dairy products, fish, and tropical fruits are projected from 2021 to 2030.