10 Most Consumed Foods In The World

Per Capita Consumption (KG): 78.4

Rice, a staple crop, is cultivated across 158 million hectares yearly. It holds a unique position in the developing world, with its production value twice that of any other food crop. Rice serves as a fundamental food source in numerous Asian markets. The prices of rice play a significant role in determining food price inflation and food security, especially for the most economically disadvantaged households. The average price of rice is $17.30 per hundredweight (cwt), projected to decrease to $14.50 per cwt in 2024 slightly. It is anticipated that rice prices will continue to hover around their current elevated levels until 2024.