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Frost & Sullivan’s Chemicals, Materials, and Food business unit in South Africa has identified 5 key Mega Trends that are expected to impact chemicals, materials, and food markets and companies in Africa. One of the five Mega Trends identified, the trend and impact of Water and Food Scarcity, specifically highlights the plight of millions of people in Africa.
See Maize and Sugar Cane Markets in South Africa and Other Selected African Countries for information on this study.
Over the last ten years, African cereal crop production has increased by 26.0%reaching 167.1 million tonnes in 2012, compared to the global average increase of 22.8%. Over this same time frame, the contribution of African cereal crop production to global figures has risen slightly from 6.3% to 6.5%. Despite this growth, and continued food imports, there are millions of people still suffering from chronic hunger - especially in Sub-Saharan Africa (SSA).