AgTech & Food Technology Ecosystem – 2023 Primer

Madison Park Group actively tracks the broader food chain technology market and has dedicated significant attention to the technologies that support the agtech and agriculture supply chain ecosystems. We are particularly interested in the rapid development of several trends and end markets:

• Elevated input costs – fertilizer, crop protection, and labor – are driving farmers to seek technology solutions to improve efficiency and fight tightening margins

• Data-centric “AgTech 3.0” solutions are emerging as the ag value chain shifts focus to centralization and efficiency

• Food supply chains integrated into a global ecosystem and are influenced by conflict, inflation, and geopolitical uncertainty, forcing businesses to reassess operations and optimization