Item Details

Title: The competitive advantage of velvet beans as an economic agricultural commodity

Date Published: November 2014
Author/s: EJD de Villiers
Data publication:
Funding Agency :
Copyright/patents/trade marks:
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Affiliation: North-West University
Keywords: Mucuna pruriens, competitive advantage, velvet beans, economical legume, agricultural
commodity

Abstract:

The competitive advantage of velvet beans as an economic agricultural commodity. In the
past 40 years, although food insecurity, poverty and environmental degradation persist, worldwide
farmers have made considerable progress in increasing per capita food production whilst better
understanding natural-resource management. Literature indicates that — in the decades to come
— food demand will both grow and change for three reasons, namely increased numbers of people,
increased income (people will have more purchasing power), and increased urbanisation (people
will be more likely to adopt new diets containing animal protein and cereal). The world population is
expected to increase to 8,9 billion by 2050, with 84% in the developing countries.