UN Food Systems Summit releases potential solutions for sustainable food production

GLOBAL – The UN Food Systems Summit (UNFSS) has released more than 50 potential solutions that could be adopted by local, regional, and global players to transform food systems and make them more resilient to climate change. 

According to a statement from UNFSS, the solutions represent key areas to address some of the world’s most pressing issues, from hunger and poverty to climate change. 

Collectively, they are an extensive menu of possible actions expected to support Member States as they work through national pathways for food systems transformation.  

Among the game-changing solutions are initiatives to reimagine school meals programmes as well as proposals to include the cost of a healthy diet when calculating poverty lines. 

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Other solutions include the development of deforestation-free supply chains, and subsidies redirected towards sustainable production and consumption. 

A Global Food Safety Indicator to monitor and reduce foodborne illness will also be considered along with a Responsible Meat initiative to incorporate environmental performance, working conditions and animal welfare into production and consumption. 

UNFSS also notes that in addition to the above-named formations, the solutions could also help inspire new coalitions and commitments from governments and their partners to support delivery of these pathways around the world. 

For effective administration, UNFSS has grouped the more than 50 solutions clusters into 15 action areas that will serve as a key element to underpin discussions at the Pre-Summit gathering in Rome, Italy from July 26-28. 

The global body anticipates that many of which will be formalised and announced at the UN Food Systems Summit in September in New York. 

Global health and wellness market to reach 1T by 2026 

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As the UNFSS works to transform food systems globally, new market study published by Global Industry Analysts Inc, has shown that the global market for Health and Wellness Foods is projected to reach a revised size of US$1 Trillion by 2026, growing at a CAGR of 6% over the analysis period. 

The market research notes that growth in the global market which was estimated at US$733.1 Billion in the year 2020 is being fueled by rising focus on healthy eating, growing popularity of organic foods, and increasing sensitivities to foods.   

In addition, recent outbreaks of health scares, including the present COVID-19 pandemic have popularized the consumption of healthy foods to improve immune responses. 

Developed markets such as North America and Europe dominate market growth owing to their higher disposable incomes which allow consumers to purchase these inherently premium products.  

The US for instance currently accounts for a 35.33% share in the global market at an estimated market size of US$279.1 Billion in the year 2021. 

Global Industry Analysts however note that developing markets in Asia-Pacific such as China and India hold the highest growth potential, owing to the growing awareness and increasing disposable incomes in the markets. 

China is, for instance, forecast to reach an estimated market size of US$124.6 Billion in the year 2026 trailing a CAGR of 8.3% through the analysis period. 

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