Genetically Modified Seeds As A Key Growth Driver. Fourth Argument: Meat Consumption in Developing Countries

Fourth Argument: Meat Consumption in Developing Countries

 The daily consumption of meat in developed countries has always been associated in most cases with the middle and upper class, as its consumption was in comparison with other foods quite expensive. However, thanks to the current cattle farming in European countries and the United States, it is practically possible for all citizens to consume meat at least twice a week. In fact factory farming has allowed all classes of society to eat meat without taking into account the consequences for the environment and health. This pattern of behaviour associated until now with Western industrialized countries, has recently been extended to the Asian continent, especially China and South Korea. The economic growth but also the industrialization carried out in these countries, has led their citizens to assume another type of behaviour related to their eating habits. This change is due, as has happened in Europe and the United States, in part to the emerging middle and upper classes who have increased purchasing power. However, this change has also been made possible by the introduction of mechanisation of agricultural and livestock production which has allowed the sale of meat products on a large scale. Therefore, with this process of industrialization of the meat production the prices of the meat in the market have been reduced considerably. As a result, its consumption has become more democratic. 

According to the global news agency Reuters, US remains the top beef exporter to South Korea in 2019. Furthermore the imports to China coming from the US jumped to a 53,4 % (1.13 million tonnes) from a year ago.

With these facts in mind, it can be assumed that the need for land to grow fodder plants and raise livestock will exceed the forecasts made so far. It is here that it can be predicted that the role of transgenic crops in meeting food needs will be of vital importance. The companies dedicated to the development of GMOs and herbicides have great growth potential here, from which investors will be able to benefit greatly.