Strengthening Singapore's food security through agritech

Singapore’s agricultural industry is rapidly growing due to the adoption of urban farming solutions. The city-state’s total food and agricultural market size in 2021 was estimated to be USD 2.51 billion, with the value of local food and agricultural production estimated at USD 261 million.

A company in Singapore’s urban farming sector is World Paradise Farm (WPF), which has developed its patented Smart Recirculating Aquaculture Aquaponics System (Decoupled RAAS), an optimizable climate system with software that can track growth and analyze crops. This enables WPF to implement precision and predictive farming—an approach that uses high technology sensors and analysis tools to increase crop yield.

Overall, the Singapore government’s efforts to partner with and invest in food and technology startups have led to significant growth in vertical and rooftop farming. The total value of local food production increased by 13%, from SGD 163.4 million (USD 119 million) in 2020 to SGD 185.2 million (USD 135 million) in 2021.

Despite the progress made over the last year, the government’s “30 by 30” is an ambitious goal. There’s still much more work that has to be done, which means there are plenty of opportunities for enterprising researchers and entrepreneurs to develop solutions that contribute to enhancing the city-state’s food security.

Read the complete article at www.kr-asia.com.


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber