Farrelly Mitchell’s Kieran Forde speaks about the many drivers behind the agtech and foodtech revolution taking place in the global agrifood sector. Food security, sustainability, water scarcity and a growing customer preference for ethically sourced natural and healthy food has transformed the scene.
Array of technology responding to challenges
Climate change and other disruptors have also informed the evolution of these exciting technologies.
Some of the technologies involved include protected agriculture, data science, artificial intelligence, farm drones, blockchain and robotics.
Agtech consulting
For many food and agribusinesses, identifying suitable agtech and foodtech to adopt can be extremely challenging, particularly for those with less available resources and a lack of strategic insights and industry knowledge.
Farrelly Mitchell support clients through technical and commercial feasibility and market studies along with vendor and buyer due diligence, identifying the most suitable techs from the right vendors and in alignment to the business’s strategic goals.