Emerging economies will continue to drive agricultural markets

According to Amac News: This organization said that this process is expected to continue in the next decade for economic cooperation and development (OCED).
The OECD-FAO Agricultural Outlook 2033-2024 is the key global reference for the medium-term outlook for agricultural commodity markets, and this year's edition marks the 20th edition of the joint publication.
This report has analyzed trends in demographic and economic drivers of supply and demand for agricultural goods, predicted changes in places of production and consumption, and evaluated the resulting changes in international agricultural trade patterns.
A significant change expected in the next decade is the increasing role of India, Southeast Asia and sub-Saharan Africa, and the decreasing role of China. While China has accounted for 28% of the growth in global consumption of agriculture and fisheries in the last decade.
The country's share of excess demand is projected to decline to 11 percent over the next decade, driven by population decline, slower income growth, and stabilizing dietary patterns.
India and Southeast Asian countries are expected to account for 31 percent of global consumption growth by 2033, driven by their growing urban populations and growing affluence.
Sub-Saharan Africa is projected to account for a significant share of additional global consumption, mainly due to food demand based on population growth.
Total agriculture and fisheries consumption is projected to grow by 1.1% annually over the next decade, with almost all additional consumption occurring in low- and middle-income countries.
Food calorie intake is expected to increase by 7% in middle-income countries, mainly due to higher consumption of staples, animal products and fat.
Calorie intake in low-income countries will grow by 4%, which is too slow to achieve the Sustainable Development Goal of zero hunger by 2030.