IIARD International Institute of Academic Research and Development

WORLD JOURNAL OF ENTREPRENEURIAL DEVELOPMENT STUDIES (WJEDS )

E-ISSN 2579-0544
P-ISSN 2695-2483
VOL. 9 NO. 5 2024
DOI: 10.56201/wjeds.v9.no4.2024.pg61.76

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From Farm to Table: Young Entrepreneurs' Impact on Agricultural Value Chain

A.C. Oko, N.N A-Oko, S. Opusunju

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Abstract

The need to feed the ever increasing human population on planet earth justify the compelling fact that youths must as a matter of urgency embrace agro-prenuership. Hence the agricultural industry is undergoing a significant transformation, driven by young entrepreneurs who are revolutionizing the way we produce, process, and consume food in some countries around the world where security issues are not a challenge. This paper will explore the impact of young entrepreneurs on the agricultural value chain, from farm to table. Through innovative business models, technology adoption, and sustainable practices, young entrepreneurs are increasing efficiency, reducing waste, and improving the overall quality of agricultural produce. They are also creating new market opportunities, improving access to finance, promoting social and environmental sustainability. These justifies Rev Fr. Thomas MALTHEUS (1798) theory on population: “the supply of food cannot keep up with the growth of the human population, inevitably resulting in disease, famine, war and calamity”. Accordingly, this paper would discuss the opportunities and challenges facing young entrepreneurs in the sector and would further make spot references on: Innovative business models in agriculture, Technology adoption and its impact on the value chain, Sustainable practices and environmental sustainability, Access to finance and market opportunities, Social impact, community development and Agro-business ideas generally.

keywords:

Agricultural value chain, young entrepreneurs, innovation, sustainability, technology, social impact

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