Agritech 2024
Page 7 of 25 · WEF_Agritech_2024.pdf
companies’ strategic views of the sector and
how they are responding to the needs of the
market segment.
As mentioned above, the four categories of
technology from the 2021 report have been used
again here to ensure continuity of the analytical process. Taking a further step, however, these
technologies are now also mapped to their
possible impacts in driving financial inclusion,
enhancing sustainability in farm activities and
increasing efficiency in the post-harvest value
chain (see Table 1).
Impact areas and mapping of use cases TABLE 1
Impact areas Definition Use cases
Inclusivity Increasing farmers’ access to finance
(credit, insurance and social security) to
enhance resilience – especially women
farmers and smallholders –Distributed ledger-based index insurance
Sustainability Increasing sustainability in agricultural
production through optimal use of
resources and developing resilience to
climate change and other risks; focusing
on advice (weather, sowing window, pest
infestation, etc.), efficient use of inputs
(fertilizers, water, etc.) and use of robotics –Gene editing of seeds using predictive AI tools
–AI-based soil testing
–AI tools to predict optimum sowing period
–AR in crop planning
–AI and AR for crop management, crop advice,
pest, plant diseases and nutrients
–AI for weather prediction
–Robotics
Efficiency Improving post-harvest supply chains;
focusing on reducing crop loss, demand-
supply asymmetry and enhanced access
to markets –Yield prediction
–Traceability using blockchain
–IoT-enabled warehouses
–Smart logistic solutions
–Smart packaging
Source: World Economic Forum
It is important to highlight that this report is an
attempt to map the technologies and not to
endorse or promote one technology over another. The objective is to provide an overview and
allow the reader to decide whether to follow up
on any particular area of interest in greater detail.
Agritech: Shaping Agriculture in Emerging Economies, Today and Tomorrow
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