Agrifood: New risks looming ahead

Agrifood: New risks looming ahead

Major insolvencies are on the rise in the global agrifood industry. At first glance, the global agrifood industry appears to be performing well, helped by the growing global population, especially in Asia. But since 2017, the sector has seen more than 30 major insolvencies on average per year, and the combined revenue of insolvent agrifood companies skyrocketed from USD6.4bn in 2018 to USD20bn in 2019.

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