The world’s population is set to increase from 7.6 billion people today to roughly 10 billion in 2050. At the same time, the amount of land available per person for growing fruits, vegetables and cereals will continue to shrink steadily. The causes of this include climate change or as well, more and more farm land which is lost in the context of urbanization. The Food and Agriculture Organization of the United Nations (FAO) estimates that it will be necessary to increase productivity by almost 50 percent by 2050 compared to 2012.
To be able to feed all of these people, we will have to increase our agricultural productivity dramatically, while at the same time conserving natural resources. This can only be possible by continuously driving scientific innovation. The R&D effort this requires can often only be conducted by large companies that can provide the necessary know-how, qualified employees and financial resources to sustain the required efforts.