Over the years, food security has become an apparent issue. In the mid 90’s food security was based on the idea of self-sufficiency on major produce. Now as climate change, political factors and other elements have come into play, today’s food security concerns, easy access to healthy food meeting modern dietary requirements. A 4-dimensional matrix has been created to demonstrate this, which is as followed.
Availability, Access, Stability and Utilisation
Projects and Initiatives
Currently, the world's growing population is estimated to be 7.2 billion and by 2050, it is projected that the global population will grow to a massive 9.7 billion. It is important to address the underlying issues regarding food security around the world. According to the United Nation’s World Food Programme (WFP), 1 in 9 people globally still go to bed on an empty stomach. The causes behind this are multidimensional, but they are mostly associated with supply and distribution of food. This is why IAG has placed such significance on the food value chain, which covers a network of stakeholders, from farm to fork. As a result, we use innovative technology to help increase yields and also assist in streamline distribution issues. This reduces problems such as food waste or harvest uncertainty with the use of climate optimisation technology and environmental sensors.
IAG believes that small-scale farms throughout the world is where agri-tech should focus on in the long term. A reason for this is that a large proportion of food producers globally, which allows us to occupy the early stages of the global food value chain. Some farmers are facing issues which include the lack of efficiency within their methods in producing sufficient yields and adapting to vulnerable commodity markets. Productivity can be enhanced within farming practises when innovative technology is introduced. However, farmers have faced challenges in investing due to fears of “costly tangents” and a fall in profitability from bad weather and harvests.
Our innovative agri-tech is also focused to help farmers, who are willing to change from being a labour intensive unit to now focusing on investment into agri-technology. IAG also understands the importance of bringing change to the other end of the value chain concerning retailers, supermarkets, and consumers themselves. IAG has successfully worked and is currently working to build value to this area.
IAG sees this as a crucial opportunity to use the latest agri-tech to help diversify the sources of food for a more stable supply chain. This means having a presence at both ends of the value chain so that growers and farmers can use our consultation services to best serve their customers.