- Current global food supply chains, though offering significant improvements to crop yields and food safety, have led to highly consolidated and resource-intensive processes that can be vastly improved with a combination of detailed real-time data and improved coordination of knowledge sharing and take-to market activities
- Industrialized farms will be mapped at ever-greater detail and will rely heavily on a variety of different sensors and digital technologies that help to streamline sowing, watering and harvesting practices, making data ownership a key regulatory challenge in the years ahead
- Improved knowledge sharing and coordination of local supply and demand will remove barriers within niche markets, allowing significantly more responsive and dynamic local markets to emerge
- Increasingly sophisticated fields such as bioengineering, 3D printing and ‘artificial’ laboratory-grown meats will create new opportunities to alleviate overly exploited natural environments and pose significant new environmental, health and regulatory challenges
These are some of the key outtakes from our latest report in a series of horizon scans on the transformational impact of ICT on various industries. Based on research in collaboration with Imperial College London, the report identifies some of the core structures and thresholds of today’s food and agriculture industry and the new forms of production, supply chains and market coordination now emerging due to digital technologies.