Perspectives and Strategies: Navigating Agribusiness Trends with FTI Consulting
In a global scenario marked by challenges and constant evolution, the agribusiness sector faces a series of risks that directly impact the development and growth of countries and industries.
At FTI Consulting, we specialize in identifying risks, global and regional trends, opportunities and white spaces to navigate the environment, providing strategic solutions that enable our clients to adapt and thrive.
Overview
The role of the agribusiness sector in the global conversation on sustainable economic development is fundamental, as it defines the trends in this area, and also has the potential to alleviate poverty, increase the income of countries and guarantee up to 80% of the food security of rural populations involved in agricultural activities.
In fact, according to the World Bank, agricultural development is one of the most significant means of fostering shared prosperity and sustainably feeding a projected global population of 9.7 billion by 2050. The sector also plays a crucial role in economic growth, accounting for more than 25% of GDP in emerging and developing countries and 4% of global gross domestic product (GDP).
Moreover, the agro-industrial sector continues to lead world trade, surpassing other sectors such as extractive industries, the automotive industry, chemicals, textiles, clothing, iron and steel. It is also crucial to note that the trading system plays a fundamental role in global food security, ensuring that world markets can cope with temporary or prolonged food shortages caused by adverse weather conditions or other factors.
The views expressed in this article are those of the author(s) and not necessarily the views of FTI Consulting, its management, its subsidiaries, its affiliates, or its other professionals. FTI Consulting, Inc., including its subsidiaries and affiliates, is a consulting firm and is not a certified public accounting firm or a law firm. FTI Consulting is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. FTI Consulting professionals, located in all major business centers throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities. ©2024 FTI Consulting, Inc. All rights reserved. www.fticonsulting.com |
