Agritech

Global Agritech Market Report 2024: Sustainable Agriculture and Smart Farming Propel Global Agritech Market to $54.17 Billion by 2029 - ResearchAndMarkets.com

Retrieved on: 
torsdag, juni 13, 2024
Software, Agriculture, Natural Resources, Hardware, Artificial Intelligence, Robotics, Technology, Agritech, Acquisition, Research, Automation, Government, Genetic engineering, Biotechnology, Motivation, Breeding, Farmer, Investment, AI, Machine learning, Data, Application, Food security

The "Global Agritech Market: Analysis By Type, By Application, By Region Size & Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Agritech Market: Analysis By Type, By Application, By Region Size & Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
  • In 2023, the global agritech market was valued at US$24.19 billion, and is forecast to reach US$54.17 billion by 2029.
  • The global agritech market value is projected to grow at a CAGR of 14.38%, during the forecast period of 2024-2029.
  • Moreover, Government initiatives, research partnerships, and incentives for R&D are fostering innovation in the agritech sector, translating research into commercial applications and driving market growth.

Resonant Technology Group Announces Strategic Distribution Agreement with Wilbur-Ellis

Retrieved on: 
torsdag, juni 13, 2024
Retail, Technology, Wine & Spirits, Agritech, Agriculture, Natural Resources, Resonance, Partnership, Marketing

Resonant Technology Group (“Resonant”), a leading innovator in agricultural solutions, is pleased to announce a new distribution agreement with Wilbur-Ellis, a recognized leader in the marketing and distribution of plant protection and nutritional products.

Key Points: 
  • Resonant Technology Group (“Resonant”), a leading innovator in agricultural solutions, is pleased to announce a new distribution agreement with Wilbur-Ellis, a recognized leader in the marketing and distribution of plant protection and nutritional products.
  • Under the terms of the agreement, Wilbur-Ellis will distribute Resonant’s cutting-edge products, continuing to distribute its highly successful vineyard solutions, and expanding to include a broader range of the company's offerings.
  • This collaboration leverages Wilbur-Ellis's extensive distribution network to introduce Resonant’s products to new markets and customers, reinforcing both companies' commitments to sustainable and efficient agricultural practices.
  • Michael Hoffmann, Resonant CEO, stated, “This partnership with Wilbur-Ellis represents a powerful opportunity for Resonant Technology Group to expand our presence in the agricultural industry in North America.

Sama Reaffirms Support for AI AgTech in Africa

Retrieved on: 
torsdag, juni 13, 2024
Software, Professional Services, Robotics, Data Management, Sustainability, Technology, Drones, Agriculture, Agritech, Natural Resources, Artificial Intelligence, Environment, Data Analytics, Carbon, Food safety, Weed control, Rotation, Plant, Livestock, Health, Farmer, Sama, Food, Partnership, Artificial intelligence, Data collection

Drawing on that experience, Sama will continue partnering with companies to support initiatives to revolutionize agricultural sustainability in Africa, such as the East African Community’s Vision 2050 plan .

Key Points: 
  • Drawing on that experience, Sama will continue partnering with companies to support initiatives to revolutionize agricultural sustainability in Africa, such as the East African Community’s Vision 2050 plan .
  • AI models like those evaluated by Sama identify pests, diseases and weeds, leading to better crop management, reduced pesticide usage and increased productivity.
  • In collaboration with Precision AI, Sama has helped develop a computer vision model for a drone that can identify images at 0.55mm resolution while flying at 50mph.
  • “With the increasing challenges faced by the agricultural sector in East Africa, our partnership with Precision AI demonstrates the transformative power of AI in farming.

Milk Specialties Global Appoints Dan Nisser, Seasoned Ingredients Finance Executive, as Chief Financial Officer

Retrieved on: 
onsdag, juni 12, 2024
Technology, Retail, Food Tech, Health, Manufacturing, Finance, Agritech, Professional Services, Supermarket, Agriculture, Natural Resources, Fitness & Nutrition, Other Manufacturing, Food, Beverage, Multimedia, Food industry, Cargill, Growth, Iowa State University, MBA, COVID-19, ADM, MSG, Northwestern University, CFO, Kellogg School, Management

Milk Specialties Global (“MSG”), a leading nutritional ingredients manufacturer, today announced the appointment of Dan Nisser as Chief Financial Officer.

Key Points: 
  • Milk Specialties Global (“MSG”), a leading nutritional ingredients manufacturer, today announced the appointment of Dan Nisser as Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240612102245/en/
    Mr. Nisser brings more than 30 years of progressive experience in finance and operations management within global multi-billion-dollar organizations to MSG.
  • “Dan is a proven senior finance executive in the ingredients space who has built an impressive track record over the past three decades in supporting profitable growth at multinational food companies," said David Lenzmeier, Chief Executive Officer at MSG.
  • “On behalf of the entire team at MSG, we are thrilled to welcome Dan to the leadership team.

Valmont Releases 2024 Sustainability Report

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tisdag, juni 11, 2024
Environment, Technology, Agritech, Professional Services, Sustainability, Other Natural Resources, Environmental, Social and Governance (ESG), Agriculture, Natural Resources, VMI, Safety, Ageing, Biophysical environment, Notability, Water, ESG, Food security, Life, Renewable energy

Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today released its 2024 Sustainability Report, the company’s ninth report since 2015.

Key Points: 
  • Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today released its 2024 Sustainability Report, the company’s ninth report since 2015.
  • For nearly 80 years, Valmont has delivered infrastructure and agricultural solutions supporting our rapidly changing world.
  • The 2024 Sustainability Report highlights several stories that demonstrate the company’s commitment to deliver sustainable and innovative solutions to our customers.
  • “At Valmont, we understand sustainability is not only the right thing to do, it's also a strategic lever for enhancing profitability and shareholder value,” said Avner M. Applbaum, President and Chief Executive Officer.

G&S Adds MorganMyers to Further Expand Its Expertise and Offerings in Agriculture and Food

Retrieved on: 
tisdag, juni 11, 2024
Technology, Agritech, Marketing, Advertising, Communications, Food, Beverage, Agriculture, Retail, Natural Resources, Food Tech, Acquisition, Multimedia, AG, Trust, Principal, Growth, Digital, CPG, G&S, Wellness, History, Financial services, Health care, Creativity, Thought

View the full release here: https://www.businesswire.com/news/home/20240611593581/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240611593581/en/
    Anne Green, Principal and CEO of the G&S Integrated Marketing Communications Group with the Principals of MorganMyers.
  • The current management team of Tim Oliver, Janine Stewart, Linda Wenck and Max Wenck, will remain with MorganMyers, a G&S Agency.
  • (Photo: Business Wire)
    The MorganMyers team brings significant expertise and relationships with industry-leading clients in agricultural production and technology, farm and commodity organizations, as well as food and beverage.
  • Moving forward, it will be a wholly owned subsidiary of G&S and go to market as MorganMyers, a G&S Agency.

Canopy Farm Management Launches Canopy Compass, a Data-Driven Tool Supporting Farmers in the Transition to Regenerative Agriculture

Retrieved on: 
onsdag, juni 12, 2024
Data Management, Technology, Forest Products, Agritech, Agriculture, Natural Resources, Software, Multimedia, Soil, Ecosystem, Research, Agricultural science, Doctor of Philosophy, Fruit, Carbon, Water, Health, Farmer, Partnership

Canopy Farm Management (Canopy) today announces the launch of Canopy Compass , a web-based, crop suitability mapping and farm analysis tool built to support farmers' transition to regenerative agriculture, identifying perennial crop possibilities across U.S. farmland.

Key Points: 
  • Canopy Farm Management (Canopy) today announces the launch of Canopy Compass , a web-based, crop suitability mapping and farm analysis tool built to support farmers' transition to regenerative agriculture, identifying perennial crop possibilities across U.S. farmland.
  • Perennial crops contribute to ecosystem health by supporting wildlife and pollinators, restoring soil and water, and storing carbon.
  • The tool removes the guesswork around: “Can I grow this crop on my farm?”, providing data designed to inform farmers.
  • Reports generated by the tool include:
    “Alternative crops like fruit, nut, or timber trees can have two big impacts,” said Kevin Wolz, PhD and CEO, Canopy Farm Management.

GrowGeneration’s Horticultural Rep Group Unveils B2B Portal for Hydroponic Retailers and Garden Centers Nationwide

Retrieved on: 
tisdag, juni 11, 2024
Online Retail, Cannabis, Specialty, Technology, Agriculture, Agritech, Natural Resources, Construction & Property, Retail, Alternative Medicine, Landscape, Health, Growth, Horticulture, HRG

GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), today announced that the Horticultural Rep Group (HRG), a wholesale division of the Company and a leading distributor in the hydroponic industry, has unveiled its new B2B portal for hydroponic retailers and garden centers.

Key Points: 
  • GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), today announced that the Horticultural Rep Group (HRG), a wholesale division of the Company and a leading distributor in the hydroponic industry, has unveiled its new B2B portal for hydroponic retailers and garden centers.
  • Effective immediately, the HRG Marketplace will become accessible to over 500 existing customers and tens of thousands of garden centers nationwide, offering unparalleled access to the industry’s leading hydroponic products.
  • The HRG B2B Portal was created as a one-stop destination for all hydroponic product needs across various categories.
  • Its B2B functionality empowers hydroponic retailers and garden centers, providing a seamless centralized hub that enables them to grow their businesses by meeting the growing demand for high-quality hydroponic products with efficiency and ease.”
    For additional information about the HRG B2B Portal and to explore its features, please visit www.hrgdist.com .

Green Life Farms Issues Voluntary Recall of Baby Arugula Because of Possible Health Risk

Retrieved on: 
fredag, juni 7, 2024
Restaurant, Bar, Family, Supermarket, Consumer, Technology, Convenience Store, Agriculture, Agritech, Natural Resources, Food, Beverage, Retail, Other Consumer, Food Tech, Sale, Infection, Diarrhea, Eating, Publix, Chronic pain, Fever

Green Life Farms is voluntarily recalling one lot of its 4-ounce containers of Baby Arugula because they have the potential to be contaminated with Salmonella.

Key Points: 
  • Green Life Farms is voluntarily recalling one lot of its 4-ounce containers of Baby Arugula because they have the potential to be contaminated with Salmonella.
  • Illness usually occurs within 12 to 72 hours after eating contaminated food and usually lasts four to seven days.
  • The potential for contamination was noted after routine testing by the company revealed the presence of Salmonella in a single harvest of Baby Arugula.
  • Consumers who have purchased Baby Arugula marked with the affected lot code are urged to return it to the place of purchase for a full refund.

Inverness Graham Announces Majority Recapitalization of My Yield

Retrieved on: 
torsdag, juni 6, 2024
Environment, Technology, Agritech, Finance, Professional Services, Sustainability, Socially Responsible Investing, Agriculture, Environmental, Social and Governance (ESG), Natural Resources, Acceleration, Plant, Seed, Health, Farm, Soil, Growth

Inverness Graham Green Light Fund, a lower middle market buyout strategy focused on businesses that are drivers and beneficiaries of the acceleration towards a more environmentally sustainable future, announced today its third investment, a majority recapitalization of My Yield.

Key Points: 
  • Inverness Graham Green Light Fund, a lower middle market buyout strategy focused on businesses that are drivers and beneficiaries of the acceleration towards a more environmentally sustainable future, announced today its third investment, a majority recapitalization of My Yield.
  • My Yield is a specialty seed treatment provider of integrated seed treatment formulations, application systems and agronomic support solutions directly to growers.
  • “We are excited to partner with My Yield, a company at the forefront of innovation in performance seed treatment,” said Paul Nolen, Managing Principal at Inverness Graham.
  • With the support of Inverness Graham, we aim to expand our offerings and capabilities to better serve our existing customers and reach new markets.