Nutrition Assignment On Genetically Modified Food Supplement Production
Question
Task: Can genetically modified food help improve food security and eliminate malnutrition?
Answer
Executive Summary
The present Food and nutrition assignment will focus on addressing growing global food insecurity concerns. Food nutrition is another emerging problem that also requires to be addressed. It has led to the development of genetically modified food crops that have infused important animal nutritional components that allow plant crops to provide full nutritional value. In developing nations like India and China, food may be available and affordable to the poor. Still, its nutritional value is low; thus, it is necessary to recreate demand for genetically modified food which could help supplement the individual's diet and deliver better nutrition to all community members at affordable prices. The food insecurity and nutrition assignment will focus on investment towards genetic food nutrition research industry, which will target over 2 billion consumers in Asia.
Introduction
During this food and nutrition assignment research, it was found that Asian countries like India and China are the leaders in food production technology. These nations currently produce more food than the population requires for consumption. But low nutrition, religion, customs and affordability has resulted in large numbers of consumers failing to gain the desired nutrition even with the abundance of crops. India is among the highest populated nations yet among the most malnourished across the globe. It is due to a large proportion of the people not consuming meat products. While performing research for this nutrition assignment, it was found that many people supplement their protein intake with Soya and milk products. Certain nutritional elements like Ogema 3 are not ingested in many people's metabolisms, leading to serious health complications. With this in mind, the demand for genetically modified food crops is expected to grow. The consumer would require the nutritional elements and genetics to be structured from animal products and infused to the food crops (Carter, 2011). However, it is considered unethical by many, but bio-genetic research investigated in their nutrition assignment the significant developments and benefits of isolating specific nutrients and genes from animals and infusing them to plant genes. It has allowed genetically modified plants to carry the required nutrition only found in animal products. While the proposals linked to genetically modified food crops remain controversial, the global population is easing its views related to the products. It results in more countries accepting the crop cultivation about being a nutritional supplement for consumers who cannot ingest certain nutritional elements only due to them being animal products or un-affordable.
Identification of the Problem Statement of this food and nutrition assignment
Securing an all in one nutritional benefit from food has grown to become a significant concern among specific communities due to religious, customary and affordability restriction. It has resulted in large groups of people failing to secure high-quality nutrition despite having high quality and affordable food available in the market. The food and nutrition assignment identifies that consumers are unable or limited to vegetarian diets in nations like India, where meat consumption is limited. It has resulted in many people failing to secure the nutritional requirements despite being able to afford the food. With the rising concerns linked to low nutrition globally, the demand for genetically modified food crops that infuse the required nutritional elements is rising (Evenson & Santaniello, 2004). It has resulted in the need for specific food crop that carries distinct nutritional value to be introduced in specific markets like India. Research, developing, producing, and having the food crop ready for distribution to the consumer is fundamental to tap into this lucrative investment opportunity.
Proposal, Specifications and Demand
It is clear in this food and nutrition assignment that nutritional concerns are rising and many food crops are failing to deliver all dietary needs to the consumer. Consumption of healthy, rich food has developed among specific communities. India is one primary consumer market, which has experienced an increasing demand for genetically modified food to deliver a higher nutritional value. It is due to the nutritional limitation being limited to religious and cultural boundaries. Most Hindu families do not consume meat and eggs, whereas the affordability factor also contributes to low nutrition. With this in mind, the demand for genetically modified food crops, which can supplement nutrition among the vegetarian and financial constrain consumers, is rising (Santaniello et al., 2002).
The increasing demand for GMO identified in this food and nutrition assignment would allow consumers to retain their religious and cultural values and gain much-needed nutrition. The food is also more affordable and high yielding due to drought-resistant genetics being infused in them, thus delivering low-cost food crops that the poorest members of society can afford. With India still debating regarding the acceptance of the genetically modified food crops, it opens an opportunity for the investor to research and develop a selection of food crop strain that delivers specific nutritional components that can be presented to the public when the limitations are lifted.
To achieve the target product development and mass production, a considerable amount of investment is required. The yields linked to the project are also expected to be massive since the product would reach out to over a billion people and gradually develop demand in the international market. Funding needs identified in this food and nutrition assignment would fall under three stages.
1). Research and development,
2). Reproduction of seed stock
3). Mass production and distribution.
The project would require 95 crew members in the 1st stage with an investment of 10 Crore, Stage 2 needing 10 Crore and the final Stage requiring 75 Crore.
Stage 1 – Research and Development
Stage one would begin with the identification of popular and affordable food crop grain. It is a crucial point identified in this nutrition assignment since the consumer taste and preferences also require to be taken into consideration. The product requires identifying five food grain, which falls into this category which would be used for the genetic modifications. The crops need to be consumable, affordable and yield good production to speed up the production process. It is also essential to identify critical nutritional values required to be infused to the different food grain, allowing the five chosen grain crops to have an additional five healthy strain to supplement the diet. The process will be done indoors, thus not requiring high investment in space and equipment and research professionals. The research would need to compile methods from similar projects held across the globe and use unique and independent approaches to develop a unique product for the Indian consumer within 12 months of project initiation.
Stage 2 – Seed Stock Production
The second step would comprise reproducing and multiplying the developed genetically modified crop to reach larger numbers that can be stored in readiness for the product launch. It would be an outdoor affair and require the leasing of large tracts of seed stock production farms responsible for multiplying the seed stocks into larger quantities that can then be used for introduction in the market. It's essential to keep in mind that 50% of the Indian population have already demanded such a product. Thus it's the company's responsibility to deliver on the supply needs to retain the consumer confidence. The development would require an additional 10 Crore dedicated to leasing land, hiring labour, and buying the equipment needed to cultivate and harvest the genetically modified food crops seed stock. The Seed stock would be accumulated and stocked in silos in preparation for the final stage, mass production and distribution to the consumer. To a total of 100 metric tons of each grain and each strain of the genetically modified food would be stored as seed stock accumulating to 2500 metric tons of grain by the end of stage 2. Stage two is expected to take a total of 12 months to achieve the required seed stocks.
Stage 3 – Mass Production and Distribution
The Final Stage to be discussed in this food and nutrition assignment project would be the mass production and distribution of genetically modified crops. It is also the most expensive stage of the project since it requires the company to lease land from farms and contract labour and buy equipment to mass-produce the crops. The company needs to market, package and distribute the produce to the different consumer market where the consumers can access them. There would also be the requirement for testing and the need to convince the consumer regarding product safety, and this all requires considerable amounts of funding. Stage 3 is expected to cost 75 Crore, but the project's returns are expected to double in the first 12 months of the product launch. While the primary consumers are expected to be the Indian public, major international organizations like the united nations food relief fund are expected to order the products for mass distribution worldwide. The latter will promote the company to expand rapidly and double their investment in a single year, thus repaying loans in a maximum of 60 months from the project initiation.
Time Schedule required as per the Food and nutrition assignment project
The food and nutrition assignment project is split into three stages, each projected to last 12 months. It would result in the entire project requiring 36 months to research, develop, and distribute it to the consumer. Marketing and building consumer confidence are expected to last another 12 months. The consumer will be introduced to the product, provided with the relevant information in other faith, and allows them to buy the product (Chin, 2004). The loan repayment period would also be an additional 12 months after marketing, which would help reduce the developer's strain to repay the project initiation immediately. The food and nutrition assignment project would last 60 months within which the product would be fully developed and marketed with mass production underway.
Project Budget
The project budget is approximately 95 Crore, distributed in three project stages (Shim et al., 2011).
Stage 1 |
10 Crore |
Product Research and Development – 12 months · Infrastructure - 2 Crore |
Stage 2 |
10 Crore |
Seed Stock Production – 12 months · Land leasing – 5 Crore |
Stage 3 |
75 Crore |
Mass Production, Marketing, distribution, - 24 months · Land Leasing – 40 Crore |
Conclusion
Due to technological advances and the growing demand for nutrition product, consumers are at a win-win position with the idea of getting genetically modified food products. It is also identified in this food and nutrition assignment that people are now reconsidering and trying the GMO, which will result in gradual adoption and use in future. With this in mind, it is vital to invest in this market as it provides a huge opportunity with high yielding returns. The food and nutrition assignment has identified that the competition in this field is very low, which makes it crucial for the companies to enter the market now when the demand is high.
Bibliography
Carter, C. (2011) Genetically Modified Food and Global Welfare. Bingley: Emerald Group Publishing.
Chin, G., (2004) Agile Project Management: How to Succeed in the Face of Changing Project Requirements. New York: AMACOM Div American Mgmt Assn.
Evenson, R. & Santaniello, V., (2004) Consumer Acceptance of Genetically Modified Foods. London: CABI.
Santaniello, V., Evenson, R. & Zilberman, D., (2002) Market Development for Genetically Modified Foods. Nutrition assignment. 2nd ed. Oxon: CABI.
Shim, J., Siegel, j., Shim & A, (2011) Budgeting Basics and Beyond. 4th ed. s.l.: John Wiley & Sons.