When it comes to food, its significance cannot be overstated. Our planet is responsible for feeding a staggering 8 billion people, and the impact of such large-scale food production on nature and the environment is undeniable. In fact, food and agriculture contribute to over 30% of global greenhouse gas emissions and are responsible for more than 80% of tropical deforestation and biodiversity loss.
For agriculturalists and food scientists, this poses a dual challenge: they must reimagine the food system to achieve a stronger economy, better livelihoods for a wider range of people, improved nutritional security, and enhanced health outcomes, all while minimizing their impact on the climate and the natural world. Sustainable growth and development of agritech worldwide have never been more critical.
Fortunately, amidst these challenges, there are numerous exciting developments aimed at addressing the risks and challenges faced by the industry. In this edition of “This Week in Consulting,” we delve into the evolving dynamics between food, nature, and health, exploring the emerging opportunities that arise from their convergence.
We examine the potential for sustainable growth and development of agritech in Southeast Asia, uncover the transformative impact of hydroponics on Indian agriculture and its role in ensuring sustainable food security. Additionally, we explore innovative technologies like precision irrigation, soil moisture sensors, and data analytics, which optimize water usage, improve crop yields, and enable sustainable agricultural practices in water-scarce regions.
So, without further delay, dive into these insightful articles and discover the latest advancements in the agricultural and farming landscape. As always, I eagerly await your thoughts and insights. Happy reading!
Chairman Consulting Quest
This week’s must read
In this edition of This Week in Consulting, we take up a journey through the ever-changing landscape of farming trends, delving into the evolving dynamics between food, nature, and health, exploring the emerging opportunities that arise from their convergence.
Delve into Bain & Company’s article on “Food, Nature, and Health Transitions.” to discover the evolving dynamics between food, nature, and health; exploring the trends and opportunities emerging from this convergence. Gain insights into changing consumer behaviours, strategic implications for businesses, and the transformation of the food industry landscape.
This week’s media
Watch this video for an engaging session facilitated by Ethy Levy, where an incredible panel of tech enthusiasts gather to share insights and examine trends in agriculture and food sustainability. They touch upon geopolitical tensions, the relationship between inflation and commodities, as well as the potential opportunities that lie in emerging markets and industry diversity. This video is a must-watch for anyone interested in global agrifood tech investment and discovering unexpected opportunities for the future.
Discover how hydroponics is revolutionizing Indian agriculture for sustainable food security in this insightful article by Avalon Consulting. Learn about the benefits, challenges, and potential of hydroponic farming techniques in transforming the agricultural landscape. Examine how hydroponics fits into India’s desire for a reliable and sustainable food supply.
This PA Consulting article discusses the role of agritech in addressing water supply challenges faced by farmers. It explores innovative technologies such as precision irrigation, soil moisture sensors, and data analytics to optimize water usage, improve crop yields, and ensure sustainable agricultural practices in water-scarce regions.
RedSeer’s insightful piece explores the growth and potential of Agritech in Southeast Asia. It delves into the key trends, investment landscape, and technological advancements driving the sector’s transformation. Learn about the impact on agriculture, farmers, and food security in the region. Gain valuable insights into Agritech’s potential for sustainable growth and development.
This white paper from TCS discusses the need for transforming the agriculture supply chain through digitalization and integrated business planning (IBP). It highlights the complexities of the agriculture supply chain and the benefits of adopting IBP to improve financial performance and decision-making.
This week’s consulting news selection
André Medeiros has joined Alvarez & Marsal in London as a Managing Director, co-leading the European Consumer and Retail group, leveraging his FMCG and retail transformation expertise to drive growth and agility.|
Quantuma has appointed Craig Morrison as a Managing Director in its Scottish practice. Craig will be based in the new Edinburgh office, focusing on formal corporate insolvency assignments and strengthening the firm’s presence in Scotland.|
Cognizant and ServiceNow have formed a strategic partnership to accelerate the adoption of AI-driven automation. The collaboration aims to build a combined $1 billion business, offering solutions to enhance operational effectiveness, customer experience, and innovation.|
Grant Thornton UK has appointed Kevin Martin as Partner to lead their Indirect Tax Financial Services advisory practice, catering to increasing demand in the financial sector for tax advisory services and helping clients navigate complex indirect tax issues.|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.