KARACHI: On one hand where Pakistan’s economy has been declining and inflation is mounting, yet there are no prominent changes in food consumption of Pakistani people. Food industry in Pakistan has been growing tremendously and has now become the second largest industry sharing 17 percent of GDP.
According to recent research, Pakistan spends half of their income on food and beverages. Pakistan has been considered among those countries whose favorite pastime is food either its some celebrations, festivals or mourns.
According to media sources, “In Pakistan, the average person spends 47.7 percent of his or her household budget on food consumed at home. In that situation, those price spikes become a lot more noticeable”.
Obesity has been considered as a major problem in United States of America (USA), even though they have spent very less amount of their income on food consumption. According to media sources, “The average American, after all, spends just 6.6 percent of his or her household budget on food consumed at home. If you include eating out, that rises to around 11 percent”.
According to research as foreign media reported, “Richer countries spend a smaller fraction of their income on food. This makes intuitive sense. There's an upper limit on how much food a person can physically eat. So as countries get richer, they start spending more of their money on other things like health care, or entertainment, or alcohol. South Koreans spent one-third of their budget on food in 1975; today that's down to just 12 percent”.
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