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The Industry of Innovative Agricultural Technologies in Light of the Global Food Crisis

As world's population grows, the demand for food is growing as well. The FAO expects that the global agricultural output will have to rise by 60% by 2050 to meet the needs of the growing population and the changes in dietary habits, together with the challenges arising from the climate change, the depletion of water and land resources, and reduced biodiversity.

The agricultural industry is large and diverse, and engaged in a wide range of activities and products, from growing and processing meat for food, through growing and processing plants for food, bio-fuels, textiles, to extracting medicinal and cosmetic substances. In addition, it is involved in R&D and entrepreneurship in the fields of genetic engineering, biological pesticides, precision agriculture, management and control, shipping and handling, packaging, trading, and selling to consumers.

The agricultural industry will have to change through the use of innovative agricultural technologies (AgroTech) in order to increase the efficiency of agricultural production, while reducing costs – environmental, social, and economic, of agricultural production. The aim is, therefore, to develop sustainable agriculture.

Given this trend, the Samuel Neaman Institute initiated a study on the subject of leveraging the Israeli Agrotech industry in the shadow of the global food crisis.

The study presents the major trends affecting the technologies of the agricultural industry around the world, and sheds light on the obstacles faced by entrepreneurs, investors, and industrialists in Israel. In addition, the uniqueness and the relative advantage of the Israeli industry is mapped.

This is the 10th document of SNI’s National Environmental Priorities position papers.