The OECD-FAO Agricultural Outlook 2025-2034 paints a picture of steady growth in global agricultural and fish production, with significant implications for agritech and investors. The projected 14% increase in production by 2034, driven by modest yield improvements and stable harvested areas, underscores the need for sustainable and efficient agricultural practices.
For agritech, the outlook highlights several areas of opportunity. The emphasis on yield improvements, particularly in cereals and oilseeds, suggests a growing demand for technologies that enhance productivity. Precision agriculture, including drones, sensors, and AI-driven analytics, could play a crucial role in optimizing crop yields. Additionally, the projected increase in biofuel demand presents opportunities for agritech innovations in biomass conversion and sustainable energy solutions.
Investors should take note of the shifting dynamics in global agricultural trade. The Americas and parts of Europe are poised to strengthen their roles as key suppliers, while many African and Asian countries may remain or become net importers. This trend could drive investments in logistics, storage, and distribution technologies to support global trade flows. Furthermore, the outlook’s projection of stable cereal prices in real terms, coupled with upward trends in nominal prices due to inflation, suggests a stable investment environment for agricultural commodities.
The projected growth in per capita calorie intake of livestock and fish products, particularly in lower-middle-income countries, indicates a rising demand for protein. This could spur investments in aquaculture technologies, alternative protein sources, and sustainable livestock farming practices. Moreover, the increasing share of cereals used for animal feed and biofuel production highlights the need for integrated approaches to food, feed, and fuel production, presenting opportunities for agritech innovations that optimize resource use and reduce waste.
In conclusion, the OECD-FAO Agricultural Outlook 2025-2034 provides a roadmap for agritech and investors, pointing to areas of growth and innovation in the agricultural sector. By focusing on yield improvements, sustainable practices, and efficient trade and distribution, agritech can play a pivotal role in meeting the world’s growing food and agricultural needs.