New Trends in Agribusiness

Kareska, Katerina New Trends in Agribusiness. , Agricultural Economics eJournal, 4 (117).

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Abstract

Agribusiness is undergoing a profound transformation driven by rapid technological advancements, shifting consumer preferences, and the imperative for sustainable practices.
The emergence of digitalization and precision agriculture is revolutionizing traditional farming methods. Harnessing the power of IoT, sensors, and data analytics, farmers can now make data-driven decisions to optimize crop yields, reduce resource wastage, and minimize environmental impact. Sustainable practices have taken center stage in the agribusiness sector.
The impact of climate change on agriculture has necessitated resilient strategies. The exploration of climate-resilient practices, such as drought-resistant crops and advanced predictive modeling, offers insights into how agribusiness can adapt to changing weather patterns. Government policies and international cooperation are investigated as key components for building a climate-resilient agriculture sector.
As data becomes more integral, data-driven decision-making and analytics are explored as essential tools for maximizing efficiency and minimizing risks in agribusiness. Here are uncovers the role of data collection, analysis, and predictive modeling in improving crop yields, optimizing supply chains, and enabling better risk management.
Finally, the paper peers into the future, speculating on emerging trends like AI integration, blockchain applications, and their potential implications for agribusiness. While highlighting opportunities, ethical considerations, and global impacts, the book concludes with a call to action for embracing innovation and responsible practices to navigate the evolving agribusiness landscape.
In essence, "New Trends in Agribusiness" provides a comprehensive guide to navigating the dynamic interplay of technology, sustainability, consumer demands, and climate challenges, offering a roadmap for a resilient, productive, and responsible future in agribusiness.

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Agricultural Sciences > Agriculture, forestry and fisheries
Divisions:	Scientific Tobacco Institute
Depositing User:	Prof d-r. Katerina Kareska
Date Deposited:	01 Nov 2024 10:41
Last Modified:	01 Nov 2024 10:41
URI:	https://eprints.uklo.edu.mk/id/eprint/10092

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