INDUSTRY REPORTS CREATED BY SID

Agribusiness and Food Production

The global agribusiness market is projected to reach USD 734.79 billion, supported by the integration of automation and artificial intelligence (AI) to enhance productivity and sustainability. The food and beverage industry is set to generate significant sales growth, fueled by technological innovations such as blockchain, AIdriven predictive analytics, and robotics, which are revolutionizing operational efficiency and ensuring food safety

INDUSTRY REPORTS CREATED BY SID

Agribusiness and Food Production

Access Deep Intelligence

90%

Reduction in herbicide use through data-driven targeted applications

Herbicide use has been reduced by 90%, driven by targeted applications based on data-driven decisions, significantly improving resource use efficiency in agricultural practices.

54%

Consumer concerns about taste in plant-based proteins

54% of consumers cite taste as the primary barrier to adopting plant-based proteins, prompting companies to focus on improving sensory appeal and product development.

50%

Achieving a 50 percent waste diversion rate by 2025

Achieving a 50% waste diversion rate by 2025 requires a multifaceted approach, addressing environmental, economic, and social aspects of food waste reduction, leading to reductions in greenhouse gas emissions and conservation of resources like water and energy.

10%

Increase in efficiency using blockchain for supply chain management

The traceability and speed of blockchain enable food producers across the globe to optimize their supply chains, resulting in more efficient value chains.

14%

Decrease in crop waste  with AI

Forecasting demand is becoming one of the key drivers for the agriculture business in the U.S., helping farmers assess the size and investment of crops based on expected demand.

25%

Projected demand growth for organic and animal protection products offered by farmers and ranchers in the U.S.

Consumers in the U.S. are opting for organic and animal welfare products, resulting in higher premiums for products that meet these criteria.

90%

Reduction in herbicide use through data-driven targeted applications

Herbicide use has been reduced by 90%, driven by targeted applications based on data-driven decisions, significantly improving resource use efficiency in agricultural practices.

54%

Consumer concerns about taste in plant-based proteins

54% of consumers cite taste as the primary barrier to adopting plant-based proteins, prompting companies to focus on improving sensory appeal and product development.

50%

Achieving a 50 percent waste diversion rate by 2025

Achieving a 50% waste diversion rate by 2025 requires a multifaceted approach, addressing environmental, economic, and social aspects of food waste reduction, leading to reductions in greenhouse gas emissions and conservation of resources like water and energy.

10%

Increase in efficiency using blockchain for supply chain management

The traceability and speed of blockchain enable food producers across the globe to optimize their supply chains, resulting in more efficient value chains.

14%

Decrease in crop waste  with AI

Forecasting demand is becoming one of the key drivers for the agriculture business in the U.S., helping farmers assess the size and investment of crops based on expected demand.

25%

Projected demand growth for organic and animal protection products offered by farmers and ranchers in the U.S.

Consumers in the U.S. are opting for organic and animal welfare products, resulting in higher premiums for products that meet these criteria.

INDUSTRY REPORTS CREATED BY SID

Agribusiness and Food Production

Farmer in Wyoming

We use Sid to determine our expected crop sales based on market trends and historical data

INDUSTRY REPORTS CREATED BY SID

Agribusiness and Food Production

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