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Dec. 27, 2023 by AgriThority As we close out 2023, we are looking toward what the new year will bring for the agriculture industry. This year has included lower investments in agriculture innovation, some bigger startups closing their doors and, as always, mergers and acquisitions. For 2024 agriculture trends, the AgriThority team is seeing some consistency from prior years but also emerging trends. 1. The push for biologicals, biostimulants in particular, continues. 2. Climate-smart farming is getting smarter. 3. Precision ag is continuing to evolve. 4. Regulatory is not evolving with the rate of innovation. 5. Open innovation vs. internal research is a balancing act. 6. Sustainability isn't going away. 7. Soil health is evolving. 8. Artificial Intelligence (AI) will be more present in agriculture. 9. Indian companies are entering the markets around the globe. 10. AgTech funding will remain selective. To read about each of the above trends click here. Tweet |
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