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It's Indiana State Fair Season: New BioCrossroads Report Emphasizes Opportunities in Food and Agriculture Innovation
Date:8/2/2012

INDIANAPOLIS, Aug. 2, 2012 /PRNewswire/ -- Indiana is poised to become a global crossroads for food and agricultural innovation, according to the latest BioCrossroads' report, "Food and Agricultural Innovation  - 21st Century Opportunities for Indiana", released today after nearly two years of in-depth sector research and expert interviews.

Food and agricultural innovation is as diverse as the industry itself, incorporating distinct areas of technology and science such as biotechnology, plant science, bioinformatics, information technology, food science and food safety systems, animal health and nutrition, cropping systems, satellite technologies and many others.  Indiana has strong assets and capabilities in all of these areas, and a level of collaboration among key participants that holds high promise for growth, according to the report.

"With agricultural research and technology leaders like Dow AgroSciences and Elanco, as well as Purdue University, and dozens of other businesses and organizations that develop and promote technological products and services, this is a sector that's ripe for more collaboration and innovation," said David L. Johnson, president and CEO of BioCrossroads.  "Indiana has a remarkable set of resources that can be harnessed to solve emerging global food and nutrition challenges, while driving sector growth.  The report takes stock of where we are, and then outlines ways to capitalize on these strengths for the benefit of our regional economy," Johnson observed.

The report notes that Indiana's food and agriculture industry:

  • Employs 19 percent of the Hoosier workforce
  • Contributes $16 billion to the Gross State Product
  • Exports $3.4 billion in product from 62,000 farms and 14.8 million acres.

In addition, the report points out that globally over the next several decades, agriculture w
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SOURCE BioCrossroads
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