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Real World Analytics: Trends in Production and Consumption of Food, Feed and Meat

   

Added on  2023-06-07

12 Pages2651 Words266 Views
Running Head: REAL WORLD ANALYTICS
Real World Analytics
Name of the Student:
Name of the University:
Course ID:
Real World Analytics: Trends in Production and Consumption of Food, Feed and Meat_1
1REAL WORLD ANALYTICS
Table of Contents
1. Introduction:................................................................................................................................3
1.1 Background:...........................................................................................................................3
1.2 Software used:........................................................................................................................4
1.3 Data Source:...........................................................................................................................4
1.4 Variables used:.......................................................................................................................4
1.5 Target Audience:....................................................................................................................5
1.6 Analytical Approach:.............................................................................................................5
2. Business Intelligence Dashboards:..............................................................................................5
3. Conclusion:..................................................................................................................................9
4. Recommendation:........................................................................................................................9
5. Cover Letter to the CEO............................................................................................................10
References:....................................................................................................................................11
Real World Analytics: Trends in Production and Consumption of Food, Feed and Meat_2
2REAL WORLD ANALYTICS
Table of Dashboards
Dashboard 1: Area wise Production and Consumption of food and feed........................................5
Dashboard 2: Country wise production and consumption of food and feed...................................6
Dashboard 3: Element wise average production and consumption.................................................6
Dashboard 4: Average production and consumption of meats in all countries...............................7
Real World Analytics: Trends in Production and Consumption of Food, Feed and Meat_3
3REAL WORLD ANALYTICS
1. Introduction:
In the contemporary period, one of the primary issues of immense concern across the
globe is that of the increasing population in all corners of the world. The population of the world
has been growing immensely, which in turn has led to the increase in the consumption of
necessary products required for sustenance of life of human beings as well as other living
creatures in the world (Knox, Marston & Imort, 2016). Of these products, the commodities of
utmost importance are that of food as well as agricultural products as the survival of the
increasing population of the world depends on the extent of production of the same. Over the
years, with the rising population and increase in the demand for food and related products, the
supply of the same has also changed considerably and variously across different countries of the
globe (Khoury et al., 2014). Keeping this into consideration, the concerned paper emphasizes on
studying the trends of growth of these substances and the variances of the same across different
parts of the globe.
1.1 Background:
The global population, as discussed in the above section, is expected to increase from 7.3
billion in the current period to as high as 9.7 billion by the year 2050. With this huge increase in
the population, the demand for food and agricultural products have also been increasing as the
demand for the same is inelastic (Bloom, Canning & Lubet, 2015). This in turn, has made it
challenging for the agricultural sector in all parts of the world, to develop and produce more
effectively and efficiently in order to fulfill the demands of an increasing population across the
globe (Seto, Güneralp & Hutyra, 2012). In this context, however, the climatic changes and
phenomena like that of global warming, pollution explosion have been making it more difficult
for the agricultural and food production sector of different parts of the countries. In this context,
it becomes crucial to analyze the trends in the changes of the production and supply of food and
agricultural products, especially food and feed over different parts of the globe (Herrero &
Thornton, 2013). While the category of food refers to the amount of human food available for
consumption, the category of feed refers to the food items which are available for the livestock
and poultry. The concerned research tries to analyze these trends between the years 1961 and
2013.
Real World Analytics: Trends in Production and Consumption of Food, Feed and Meat_4

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