AgTech is a booster for global agricultural productivity in a sustainable way. With its
ramifications in foodtech, biotech, IoT, AI, genomics, sensoring, BigData, robotics and Microbiomes it expands rapidly and globally thanks to start-ups, funds and strategic players
investing billions of dollars in projects that apply science and technology to increase food
production and improve land productivity.
According to The United Nations the global food system will have 9.6 billion people to feed by
2050, which will require 60 to 70% more food than is produced today. Technology applied in
agriculture will be key to discover new ways to improve productivity while minimizing inputs,
managing costs and respecting the environment.
South America is one of the few regions of the world that has the opportunity to greatly expand
production and export the food surplus to the world. It benefits from land availability, agricultural
diversity and natural resource wealth (sufficient fresh water).
According to the BID, Latin America has 38% of the land destined to the agricultural sector and is the largest food supplier region in the world. In recent years it is immersed in a wave of
technological innovation in the field.
Many Latin American countries depend on agriculture to generate a significant portion of their GDP, exports, jobs and fiscal revenues; this socioeconomic environment is a driver that consolidates the region as one of the development hubs for high impact technology-based Ag companies.