EXPERTISE SECTORAgriculture & Forestry

Challenges ahead in meeting global food supply demand and environmental concern

Agriculture and forestry industry is the science, management, and practice of cultivating the soil, crops, and vegetation in forests. Both the industry and the machinery industry in the sector will witness growth due to the global use of farm machinery, contributing towards modernization and industrialization of the agricultural sector. The industry generates over 1 trillion euros annually just in Europe alone.

The global agricultural industry is significantly important to address world’s food demand through the value chain, particularly because the global population is expanding. The concerns for ecological and environmental issues have driven disruptive technologies which force agribusiness leaders to create sustainable innovations. In addition, The rising global demands and limited land available drive the trend to improve yields and productivity of crops. Some of the agriculture complements include fertilizers, biofuel and biomass, equipment and machinery.

Forestry is the managing, conserving, and restoration of forests and woodlands for human and environmental benefits. Forestry ranges from the provision of timber, logging, fuel wood, wildlife habitat, erosion control and many more applications. Most commercial use of forests require the FSC Forest Management standard to provide an assurance to customers and stakeholders the quality of forest management. 

Cash Crops

Cash crops are agricultural crops which are grown to sell for profit in the market. Cash crops are sold directly for cash and can be divided into food and non-food commodities. Typically, they are purchased by parties separate from farms and prices for major crops are set in the commodity market. Some examples are coffee, cocoa, tea, sugarcane, cotton, and spices.

Food Crops

Food crops are plants particularly cultivated for human and livestock consumption. The term food crop usually implies domestic production of basic staples.  Food crops are an integral part to improve food security levels mostly in developing countries. Some of the examples of food crops are legumes, fruits, vegetables, potatoes, wheat, and rice. 

Horticulture

Horticulture is the cultivation of plants ranging from development, sustainable production, plant conservation, soil management, landscape recovery, and arboriculture. Horticulture can also be utilized to contribute to quality life, sustainability, beauty, and restoration. Crops for horticulture range from perennial species, fruits, vegetables, decorative indoor ornamental plants, flowers, and landscape plants & trees. 

Key trends in agriculture & forestry industry

Food Security
Digital Technology
Greenhouse & Vertical Farming
Ecological and Environmental Concern
Food Supply Chain during Pandemic
Climate Change
Global Competition

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