Agriculture and food production account for 40% of global employment and 10% of all consumer spending – approximately $5tn. With global population estimated to reach 9.7bn by 2050 compared to 7.6bn today, the agribusiness sector needs to meet ever-increasing caloric demand while facing a number of structural pressures. It is highly fragmented, with the top 30 companies accounting for only ~15% of the global market and suffers from outdated infrastructure and the limited application of new technologies.
Mubadala is focused on the production component of the food value chain and scale creation through consolidation, leveraging its technology and infrastructure experience to create new partnerships. Aquaculture is one of the most promising sub-sectors, where the deployment of new technologies can drive significant productivity improvements and accelerate growth.
Mubadala is investing in agribusiness through new partnerships that will drive growth and enable sustainable, responsible and efficient production methods.
The agribusiness sector is worth an estimated US $5 trillion
Agribusiness and food production account for 10% of global consumer spending