Data show that in recent years, China's agricultural science and technology has made great progress. The overall level of China's agricultural science and technology has entered the world's first square, the contribution rate of progress in agricultural science and technology reached 62.4%, the coverage rate of crop varieties exceeded 96%, the contribution rate of varieties to yields reached 45%, the self-sufficiency rate of the core seed sources of livestock, poultry and aquatic products exceeded 75% and 85%, respectively, and the comprehensive mechanization rate of crop cultivation, planting and harvesting reached 73%. Science and technology help China's agricultural production efficiency and effectiveness continue to improve, has become China's agricultural and rural development of basic strategic support.
In the policy and market boost, in 2024, China's agricultural science and technology will also show the following 9 major trends:
1.Accelerated replacement of agricultural robots.
With the rapid progress of science and technology, more and more industries have begun to adopt automation and robotics to improve production efficiency. The agricultural sector is no exception. Agricultural robotics is developing rapidly, and robots can be seen from planting, fertilizing, weeding to harvesting. This not only greatly improves production efficiency, but also reduces labor costs. In the future, agricultural robots will further accelerate the replacement of traditional labor and become an important symbol of agricultural modernization.
According to the International Federation of Robotics (IFR) forecast, by 2025, the global agricultural robotics market size will reach $10 billion. Among them, the Chinese market will become the largest growth point. The wide application of agricultural robots will dramatically increase agricultural productivity, reduce costs, and improve the working environment.
There are 3 reasons for this: 1) Rising labor costs: with the development of the economy, labor costs are rising, and agriculture in particular requires a large amount of human input, so the use of robots to replace manpower has become an effective way to reduce costs. 2) Technological advances and maturity: the development of sensors, batteries, and AI technology provides technical support for agricultural robots, which has led to a significant increase in their performance, stability, and efficiency. (3) the needs of agricultural modernization: agricultural modernization needs to improve productivity and reduce environmental impact, agricultural robots are key tools to achieve this goal.
2.Intelligent agriculture is sought after.
Intelligent agriculture refers to the use of Internet of Things, big data, cloud computing and other technologies to realize the intelligence and refinement of the agricultural production process. Through intelligent monitoring equipment, the soil, climate and other agricultural production environment can be monitored in real time, providing farmers with precise planting recommendations to improve the yield and quality of crops. As people's awareness of food safety and environmental protection increases, smart agriculture will receive more attention and pursuit.
According to statistics, the global smart agriculture market size is expected to grow from $15 billion in 2019 to $35 billion in 2025. In China, the development of smart agriculture has also attracted much attention. The increase in policy support and capital investment has made smart agriculture an important direction for agricultural modernization. At present, Ali, Pinduoduo and other head Internet companies have also made efforts in smart agriculture, extending their business to the front end of planting or breeding, and using artificial intelligence and big data to help farmers improve efficiency and yield.
3.Regenerative agriculture has become a popular track.
Regenerative agriculture aims to increase soil fertility and improve the ecological environment in a sustainable way. It emphasizes reducing the use of chemical fertilizers and pesticides and restoring soil health through crop rotation and organic fertilizers. With the emphasis on environmental protection and sustainable development, regenerative agriculture will become a hot track in the future.
According to research organizations, the size of the global regenerative agriculture market will grow at an annual rate of more than 10% in the next few years. In China, with the emphasis on environmental protection and sustainable development, regenerative agriculture has a promising future. By adopting regenerative agriculture technology, soil fertility can be improved, the use of chemical fertilizers and pesticides can be reduced, the ecological environment can be protected, and the sustainable development of agriculture can be realized.
In the regenerative agriculture layout, Bayer, Syngenta Group also increased the layout. For example, Rodrigo Santos, president of Bayer's Crop Science Division and a member of the Board of Directors of Bayer Group, said, “Regenerative agriculture is the future of agriculture.” He spoke of Bayer's solutions to help farmers produce more with fewer resources and restore soil health, which will drive the company's growth in the future.”
4.Bio-agriculture capitalization is bullish
Bio-agriculture utilizes biotechnology to improve the disease resistance and yield of crops. Through gene editing and other means, more environmentally adapted crop varieties can be cultivated. With the increasing attention of capital to biotechnology, bio-agriculture is expected to become a future investment hotspot.
In recent years, there have been frequent financing events for bio-agricultural enterprises, including many agricultural technology startups. These companies have attracted high financing with their unique breakthrough innovative technologies. The funding received will boost the promotion of their environmentally friendly and efficient crop protection and nutrition products. Their technologies have great potential to improve crop yields, farmers' incomes, consumer food safety and environmental protection. In particular, they have received capital attention at the product and technology level for microbial formulations, neurotoxin peptide insecticides, new weed control technologies, biopesticides, and plant cells.