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Mumbai (Maharashtra) [India], January 27 (ANI/NewsVoir): Today, food and beverage companies are under the spotlight to consider sustainable development in their business strategy due to a misconception of costs outweighing the benefits still prevailing in the industry. According to the recent UN report, the world's population is set to increase by nearly 2 billion and India is expected to become the most populated country in the world with 1.7 billion people by 2050. Keeping pace with the food demands of this population would require raising overall food production by 70 per cent, as per the estimates compiled by FAO. This, in turn, will increase the impact on the environmental ecosystem affecting biodiversity and climate change and spiking food wastage across the food supply chain. Given its significant impacts on social and ecological issues, a considerable gap exists in catering to the food demands of the world's current and future inhabitants while reducing environmental co

Murali manoharSenior directorGeneral managerIndia subcontinentMumbai maharashtra indiaAnuary 27 ani newsvoir todayOod and beverage companies are under the spotlight to consider sustainable development in their business strategy due toa misconception of costs outweighing benefits still prevailing industry according recent un reportHe world 39s population is set to increase by nearly 2 billion and india expected become the most populated country in with 1 7 people 2050 keeping pace food demands of this would require raising overall production 70 per centS per the estimates compiled by fao thisN turnIll increase the impact on environmental ecosystem affecting biodiversity and climate change spiking food wastage across supply chain given its significant impacts social ecological issuesA considerable gap exists in catering to the food demands of world 39s current and future inhabitants while reducing environmental consequences clearlyHe future off ampb companies is entwined with addressing the link between sustainability and firms 39 profitability as so often caseHe answer lies in innovationIth the right technologyPplied in the right way