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Food Prices to Double by 2030

In the Near Future, Price of Food Will Drastically Increase

Food prices have been on the rise for some time now, but an upcoming study to be published Wednesday warns that they will increase even more. According to Oxfam, the price of food, mainly staples like corn, will double by 2030. A number of factors — the depletion of natural resources, climate change, growing global population, etc. — have caused more poverty in the world and the poorest people, who already spend the majority of their income on food, will be the first to suffer.

To solve the situation, Oxfam is recommending a complete overhaul of the world's food system. The chief executive said, "We are sleepwalking towards an age of avoidable crisis. One in seven people on the planet go hungry every day despite the fact that the world is capable of feeding everyone. The food system must be overhauled." It's easy to call for action, but the change that is necessary will probably not come quick enough. Are you concerned about a global food crisis?

Source: Getty
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