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« on: October 28, 2020, 04:45:01 AM »
During the last century, food production has seen technological breakthroughs such as mechanisation and chemicals application (fertilizers, herbicides and insecticides…) At the same time, new frameworks known under the common label of “intensive farming” emerged and transformed many farms though a process of mass production: the increase of fields size and yield, monoculture, battery cages and high volume slaughterhouses. These combined changes resulted in the supply of abundant and cheaper food volumes to accommodate demographic growth.
These days, the situation is still challenged where 9 billion people are expected to be fe by 2050, the demand for food is growing proportionately. The UN estimates that we will have to, at the very least, double our agricultural output by 2050 to keep up with this worldwide population growth.
What is Agritech?
Agritech = agriculture + technology
Agritech is the use of technology and technological innovation to develop the efficiency and output of agriculture. Put simply it is the application of technology to improve all elements of the farming and growing process.
The rise of Agritech
New technologies are creating big opportunities. This has opened up opportunities for entrepreneurs and innovators to help solve problems with food production and the preservation of natural resources. Agritech, the use of technology in agriculture with the aim of improving sustainability, efficiency and profitability, is leading the way. Today, Agritech startups around the world are looking to scale, leveraging technology to positively disrupt the sector.