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Artificial intelligence, analytics, connected sensors, and other emerging technologies could further increase yields, improve the efficiency of water and other inputs, and build sustainability and resilience across crop cultivation and animal husbandry. The future of connectivity.
Here's a look at the 10 digital technologies from that list that I see as the most relevant to food and farming.
Indeed, the global agriculture technology market is currently worth $24.08 billion and is expected to surpass $40 billion by 2030. Before we delve into the pros and cons of agriculture technology and consider what the future holds, let’s explore some of the industry’s hottest trends.
Machine learning, AI and precision fermentation are some of the many technology solutions that offer pathways for addressing the longest standing issues in our agri-food system. However, as standalone solutions and without commercially sustainable ecosystems, these technologies will not scale.
1. Bee Vectoring Technologies. When it comes to U.S. crop production, honey bees are worth $20 billion. These insects are essential to human survival, so there is increasing innovation in agriculture equipment to help protect bees and maximize their pollination capabilities.
Major Technological Innovations Impacting Agriculture in 2024. In 2024, technology in agriculture has reached new levels of efficiency and sustainability thanks to a suite of groundbreaking technological innovations. These advancements empower farmers to work smarter, address global challenges, and enhance food production while conserving ...
How is technology tackling global food shortage and ensuring sustainable farming? Explore our data-driven industry research on the emering agriculture trends based on our analysis of 5200+ companies. These trends include IoT, AI, precision farming, regenerative agriculture & more.
NIFA advances agricultural technology and ensures that the nation’s agricultural industries are able to utilize it by supporting: Basic research and development in physical sciences, engineering, and computer sciences. Development of agricultural devices, sensors, and systems.
The global agricultural technology market will grow to approximately $56.74 billion by 2030. The world’s largest agricultural companies, like Cargill Inc. and Bayer, are rapidly developing agrotech solutions for farmers using cloud computing, special sensors, drones, and AI.
Agricultural technology empowers farmers to enhance crop production while conserving resources through the optimization of different aspects like planting, irrigation, fertilization, and pest management.