Growing An Agriculture Startup

We depend on agriculture to keep us fed and in good health.

But according to the UN Food and Agriculture Organization, the growth rates of agricultural production and crop yields have slowed the past few years, and while that may be attributed the declining food needs of a declining global population, it should also be taken into account that almost 800 million people are undernourished.

Furthermore, a combination of excessive calorie consumption, unbalanced diets and declining activity levels imply a growing burden of overweight and obesity in various countries across the world. In many low and middle-income countries, these problems coexist with undernourishment and micronutrient deficiencies, resulting in a “triple burden” of malnutrition.

Hence, innovation in agriculture for the future of healthy living in Asia is important. With Asia supporting the food needs of 60 percent of the global population in roughly 23 percent of the world’s agricultural land, and with volatile climate changes, land constraints due to urbanisation, and a growing population coming into play, Asia needs technology to sustain agricultural growth.

THE AGRITECH REVOLUTION

Agricultural technology, or agritech for short, aims to improve yield, efficiency, and profitability in agriculture, horticulture, and aquaculture. In the past, agriculture was seen as a staid, rural-based business – but with the advent of technology, it is now a sector with good potential for growth.