Shortening the Crop Development Cycle – Part 2
We need to grow more with less. By 2050, the global population will exceed 9 billion people, and the UN estimates that by that point we’ll need to produce at least 70% more food to accommodate everyone.
But our land and natural resources are scarce, and we cannot address these challenges by simply increasing the amount of farming we do. We need smarter, more efficient, higher yielding farms.
As it stands, however, many enabling technologies must undergo an expensive and long development process before reaching the market. Product development, regulatory concerns, seed amplification, and customer adoption can take anywhere from 8-15 years to complete and cost upwards of $100M.
Shortening the new crop development cycle brings tremendous value to the agricultural industry as it will allow us to develop solutions faster and more efficiently.