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Southern United States Trade Association. Kristin Core Outreach Coordinator. Global market trends and forecasts. Total U.S. ag exports up 50% since 2009 Long term: World population is projected to increase 32% to 9.1 billion by 2050
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Southern United States Trade Association Kristin Core Outreach Coordinator Helping southern U.S. companies export food and agricultural products around the world. www.susta.org
Helping southern U.S. companies export food and agricultural products around the world. www.susta.org
Helping southern U.S. companies export food and agricultural products around the world. www.susta.org
Helping southern U.S. companies export food and agricultural products around the world. www.susta.org
Global market trends and forecasts • Total U.S. ag exports up 50% since 2009 • Long term: World population is projected to increase 32% to 9.1 billion by 2050 • Global demand for food and agriculture is the expected to increase 70% – 100%
“Middle Class” Outside the U.S. Expected to Double By 2020 – To 1 Billion HouseholdsWorldwide food consumption will be impacted Foreign households w/real PPP incomes greater than $20,000 a year Middle class in developing countries projected to increase 104% by 2020 vs. just 9% in developed countries in 2009 Developing countries Developed countries (ex US) Source: Global Insight’s Global Consumer Markets data as analyzed by OGA
… so why think internationally? • U.S. agriculture industry entering a “golden age” with all indicators showing strong demand and profits over the coming decade • As global demand for agriculture products soars, the U.S. is well equipped to meet the demand and aided by the U.S. dollar • Because 95% of the World’s consumers are outside of the U.S., yet only one in 100 companies export
Contact Us Southern U.S. Trade Association 701 Poydras Street Suite 3845 New Orleans, LA 70139 Tel: (504) 568-5986 Fax: (504) 568-6010 E danielle@susta.org Like us on Helping southern U.S. companies export food and agricultural products around the world. www.susta.org