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Globalization 4.0: Shaping a sustainable global future of food and Innovation

By 2050, a global population of 9.8 billion will demand 70% more food than is consumed today. Feeding this expanded population nutritiously and sustainably will require substantial improvements to the global food system.

At the World Economic Forum’s annual meeting in Davos, Switzerland this week, stakeholders from across the globe will meet to discuss and define priorities, shape global industry and regional agendas. This year’s theme is Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution  – an area in which technology has an immensely growing impact.

The so far unseen pace of technological change means that our systems of health, transportation, communication, production, distribution, and energy – just to name a few – will be completely transformed.

Danish food companies are at the forefront of technology

In Denmark, food companies are already future bound when it comes to the implementation of technologies; 1 out of 6 of all Danish farmers already uses agricultural equipment with precision control, many of the processing sites across the country have some of the most up-to-date machines that can ensure a standardized product with little waste and numerous Danish ingredient companies create ingredients that can rapidly expand a  product’s shelf life.

Countries must help one another

Many of the challenges of tomorrow require more dialogue and knowledge sharing than ever before. When it comes to food, several of the largest challenges of the 21st century can only be solved if stakeholders across the value chain cooperate. Globalization 4.0 requires us to recognize that we are living in a new type of innovation-driven economy that needs a high level of collaboration.

Collaboration ensures several great accomplishments

Denmark has numerous unique approaches to innovation, including a high degree of public-private cooperation. This has ensured several great accomplishments i.e. the eradication of salmonella in Danish poultry. As several high-level decision makers meet this week to discuss how to solve many of the world’s most complex challenges, Denmark has a lot to offer with regards to sustainable food products and solutions that helps feed the world, ensure greater food supply and cut down food loss and waste.

Source & photo: World Economic Forum