This document summarizes key points about food market transformation and food security in Asia, with a focus on China and India. It discusses the four "legs" of food security: availability, access, utilization, and stability. It also examines the rapid urbanization, economic growth, and integration occurring in Asian countries through foreign direct investment and trade. Key trends include the rising importance of non-rice foods, food processing, supermarkets, and intra-Asian trade. Data on GDP growth, poverty rates, rice yields, and more are presented to compare food security indicators in China and India. The challenges of feeding the growing populations in these "Dragon and Elephant" economies are also addressed.