The agribusiness landscape is undergoing a paradigm shift, driven by the imperative to achieve the ambitious goals of the UN’s 2030 Agenda for Sustainable Development. Eliminating hunger, ensuring sustainable agriculture, and guaranteeing access to healthy food for all demand a revolutionary approach from industry leaders.
As the world’s population is set to exceed 9.7 billion by 2050, this necessitates a 70% increase in food production. This daunting challenge unfolds against a backdrop of climate change, necessitating solutions that balance yield with environmental responsibility. While complex, this is a manageable hurdle. The agribusiness sector has a proven track record of adapting and innovating, and transformation is already underway.
The global agribusiness industry, valued at over $3 trillion, is abuzz with activity. Key players across the value chain, from equipment manufacturers and seed giants to producers, traders, retailers, and investors, face a dual mandate: contributing to the 2030 Agenda’s ambitious goals while ensuring their own sustainable growth and profitability.
Our whitepaper on Navigating Transformation Throughout the Value Chain seeks to understand how innovation and change are being addressed within each link of the agribusiness chain. In a joint effort by our global partners, we have held conversations with more than 50 executives in different regions (North America, LatAm, Asia-Pacific, and Europe). Our discussions allowed us to obtain valuable insights into the global challenges of the industry including the current moment of change, digitalization, and the appearance of new business models.