Agriculture faces a daunting task in trying to keep up with a burgeoning world population.

The current world population of 7 billion is supposed to grow to 9 billion by the year 2050, which could require 70 percent more food production than currently is the case. (The amount of food needed will grow by a larger percentage than the population due to a higher standard of living around the world.)

At the Alltech International Symposium on Monday, people were optimistic that technology can keep up.

“Absolutely (it can keep up),” said Mark Lyons, vice president of corporate affairs at Alltech. Watch the video above.

“At the same time, we would say that a lot of the technologies around today may not be the ones that will make this great leap for us,” Lyons added.