Projected Food Shortages 2024. Looking to 2028, the global severely food insecure population is projected to hit 956 million, narrowly avoiding a billion in a downside economic scenario if central banks fail to control inflation and respond with further. A report by standard & poor’s predicts the food crisis will last through 2024 and possibly beyond.
Factors like environmental challenges, labor shortages, and more could pose a risk to the availability, quality, and affordability of certain spices, dairy products, eggs, seafood,. The global food crisis has been partially made worse by the growing number of food and fertilizer trade restrictions put in place by countries with a goal of increasing domestic supply and reducing prices.
