It is estimated that by 2050, overall food demand will surge by 70 percent, while demand for seafood will surge by 100 percent. On the other hand, as arable land continues to shrink, the climate crisis, primarily water scarcity and rising temperatures, is limiting agricultural production, i.e. food supply. So, …
Read More »What is heatflation? How does it affect the food industry?
Everyone is familiar with the word inflation. Shrinkflation (companies reducing the quantity of certain products) is also a term we have heard frequently recently. But have you heard of Heatflation? What is heat inflation? Climate change and the resulting hot weather and extreme climatic events directly affect agricultural activities. As …
Read More »FOOD TO BE HIT BY WAR IN UKRAINE!
The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw materials and energy for many crucial supply chains. Global food prices already rose sharply during …
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THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
