Current possibilities in Agricultural Nanotechnology

Abstract

The European Commission has designated nanotechnology with high regard to contributing to long-term competitiveness and development in a variety of industries. The contemporary issues of sustainability, food security, and climate change have prompted academics to look towards nanotechnology as a new source of crucial agricultural advancements. Concrete contributions, on the other hand, are yet unknown. Agricultural applications have failed to reach the market, in spite of the various prospective benefits of nanotechnology and the expanding trends in intellectual property publications. The lack of commercial applications might be due to a number of issues. Industry analysts say that agricultural nanotechnology falls short to deliver a significant financial return to pay the massive initial investment expenses. New EU nanotech laws, on the other hand, may induce regulatory uncertainty for already-on-the-market goods and have an influence on public perception. Recent studies, on the other hand, demonstrate that masses are not reluctant towards nanotechnology, and that the introduction of nanotech goods with obvious advantages would almost certainly increase customer acceptance of more sensitive use. The rapid progress of nanotechnology in other key industries may someday be employed for agricultural applications, simplifying their expansion.