India is set to be the largest producer of milk in the world by the year 2026, the official report released by the United Nations and the Organisation for Economic Co-operation and Development (OECD) has projected.
India is also expected to triple its total milk production over the first quarter of the 21st century.
“Over the course of the outlook period alone, milk production in India will grow by 49 per cent; in 2026, India will be the world’s largest milk producer, with an output one-third above that of the second largest producer, the European Union,” said the report by the UN and Organisation for Economic Cooperation and Development.
India to be most populous country by 2026
The OECD-FAO Agricultural Outlook 2017-2026 said the world’s population will increase from 7.3 to 8.2 billion over the course of the next decade with India and Sub-Saharan Africa accounting for 56 per cent of total population growth.
India’s population will grow from 1.3 billion to 1.5 billion, an increase of almost 150 million. India will overtake China and is projected to be the most populous country in the world by 2026.
The report said that given their strong population growth, India and Sub-Saharan Africa will also drive a large share of global demand.
India is also expected to record the biggest increase in wheat production globally. The global wheat production is projected to increase by 11 per cent over 2017-2026, while the wheat area increase is expected to go up only by 1.8 per cent.
The Asia-Pacific region alone, is estimated to account for 46 per cent of additional wheat production. Besides India, Pakistan and China are also slated to have significant gains.
Area dedicated for rice production is expected to see a global increase of a mere per cent, while global yields will go up by 12 per cent.
Countries like India, Indonesia, Myanmar, Thailand and Vietnam are expected to record an increase in rice yield by over 15 per cent. Global food commodity prices are expected to stay low for the coming decade.
Published on 17 July 2017 - with inputs from PTI