How startups help agribusiness grow
Technology in the Brazilian agriculture market moves some US$ 3.9 billion every year - startups from the sector are growing by providing more sustainable and efficient solutions
Agribusiness plays an important part in the Brazilian economy. According to official data, the sector is responsible for 24% of the country’s GDP and around 32% of all job positions. The United Nations argues that global productivity in the sector must rise by 70% until 2050 to guarantee food for the 9.6 billion people who will inhabit the planet by then. In Brazil, most technology in the area involve autonomous vehicles, robots, drones, nanotechnology and biotechnology.
Sources:
McKinsey&Company
United Nations Organization
Folha de S. Paulo
Content published in August 14, 2018
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