BakerTilly has analysed the AgTech sector, which is based on the introduction of biotechnology, blockchain and artificial intelligence in agriculture with the aim of increasing the sector's productivity, efficiency and profitability.
AgTech: market performance
The preferred segment for investors in the food and AgTech sector is the food and AgTech sector. Ag Biotechor Agricultural Biotechnology, according to a study carried out by AgFunder Network Partners. More than half of the investors interviewed said they were enthusiastic about investing in this sub-sector by 2020. The success of Ag Biotech is driven by the rise of organic and healthy food and the growing trend towards fresh produce.
The second segment preferred by investors is "innovative food", which is mainly based on protein-rich alternative foods and meal replacements. This sub-sector is expected to grow from $ 4.6 trillion turnover in 2018 to $ 85 trillion in 2030.
This has led to a huge surge in investment, triggering powerful growth in the AgTech sector.
Investment trends in the sector AgTech
Since 2010, more than 1,150 AgTech companies have been created worldwide and around 4 billion dollars have been raised in 3,841 financing rounds. It is a sector in full growth and this can be confirmed by looking at the intense investment activity in recent years.
One of the most talked-about operations was the acquisition of The Climate Corporation by Monsanto in 2013 for USD 930 million.
There have also been vital investments in 2019: Triton Partners acquired the Spanish fertiliser and industrial chemicals company Fertiberia 82.2 million. In addition, Origo.farm raised $380 million in funding in the same year.