December 2, 2019
A massive US 800 billion is needed to feed Asia on top of existing investment currently. A report by PwC, Temasek and Rabobank says governments, investors and private firms will have to work together to create an environment that supports innovation in the agri-food sector. Investment will be needed in developing vertical farming, alternative sources of protein, and use of artificial intelligence or drones to improve farming methods. Food spending in the region is expected to double to US 8 trillion by 2030, with 250 million more mouths to feed.