- Home
- Key Indicators
- BoP Malnutrition
BOTTOM OF PYRAMID (BOP) & MALNUTRITION
An estimated 4 billion people earn and live on less than USD 3,000 a year and, yet
constitute a USD 5 trillion consumer market (WRI, 2007).
The phrase “bottom of the pyramid” was used by U.S. president Franklin D. Roosevelt
in his April 7, 1932 radio address, The Forgotten Man, in which he said…
- “These unhappy times call for the building of plans that rest upon the forgotten,
the unorganized but the indispensable units of economic power...that build from
the bottom up and not from the top down that put their faith once more in the forgotten
man at the bottom of the economic pyramid.” (Wikipedia)
WORLD BANK GRAPHS
Market researchers and large multi-national corporations are developing new business
strategies to target this demographic segment with the help of ICT
Above graph is a comparison
of 2010 population by area (urban vs. rural) and BoP consumption segment (The World
Bank).
According to World Bank poverty
indicator, Poverty headcount ratio at $2 a day (PPP) (% of population), a whopping
59.24 percent of India’s total population made less than USD 2-3 per day, and 23.63
percent made USD 1.25 per day (The World Bank).
Food is the largest consumption
segment for BoP households and represents the largest BoP market (WRI, 2007).
Above graph is a comparison
of spending patterns among BoP segments and the shift from food in ‘Lowest’ segment
to housing and transportation in ‘Higher’ segments of the society.
Further, this demographic
segment is being tapped as the base for new entrepreneurs, producers and ultimately
consumers (WEF, BCG, 2009).
PREVALENCE OF UNDERNOURISHMENT – GOOGLE GRAPH
Prevalence of undernourishment
(% of population), in 2012, 13.78% of global population was below minimum level
of dietary energy consumption and the percentage reflects the segment of human society
whose food intake is insufficient to meet dietary energy requirements (The World
Bank, 2015)
In 2012, the Prevalence of
undernourishment (% of population) among South-Asian nations was;
- China – 11.4 %
- Nepal – 16 %
- Bangladesh – 16.3 %
- India – 17 %
- Pakistan – 17.2 %
- Sri Lanka – 22.8 % (The World Bank, 2015)