Compelling Opportunities
We see clear and compelling opportunities in our core businesses and in related value chains because the world faces clear and urgent challenges. The services Bunge provides will become more valuable as world economies develop.
Consider a few key facts: The UN Food and Agriculture Organization estimates that the world will need to increase food production 70 percent by 2050 to feed a more affluent global population of 9 billion. Moreover, agricultural production will need to increase even more to meet demand for renewable fuels and other non-food uses.
Meeting these needs will require better seed technology and greater use of inputs, including fertilizer. It will also require expanded infrastructure to connect farmers to the marketplace and provide them with economic incentives to reinvest in production. This is true in regions like South America and Eastern Europe, where infrastructure remains undersized, and in less-developed regions, like sub-Saharan Africa, where it barely exists. Seventy percent of this region’s rural population lives more than a 30-minute walk from an all-weather road.