From FoodProfessor: Our grocers' demographic party may end sooner than expected
Despite generous social programs to support families, many expect birth rates or replacement rates to continue to decline. There isn’t any dominant factor to explain this trend. Citizens everywhere are just having fewer children for numerous reasons.Article content
Therefore, the size of our population won’t be the main challenge for our food industry. The age of the population, however, should be the focus. The food industry needs to embrace the massive social change that is about to hit the world. Not having children is not necessarily a problem, but not planning for it certainly is. In the western world, childlessness is slowly becoming a social norm which is something few governments have considered or accepted, at least not publicly.
The food industry will need to come to terms with a declining market and fewer physically-abled workers. With fewer stomachs to fill, not having enough farmland should be less of a concern. Since 40% of the Canadian population lives in the major cities of Toronto, Montreal, Vancouver and Calgary, we need to figure out a way to re-purpose our rural areas. In processing, distribution and retail, we see the same challenges.
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