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Balanced Reporting. Trusted Insights.
Monday, December 04, 2023
Bayer Crop Science plans to expand into adjacent markets dealing with crop fertility, biologicals, biofuels, carbon farming, and precision application services – more than doubling the division’s potential in a market that currently stands at more than $109 billion for its current core portfolio
Industry analysts agree that biologicals will continue to play a larger role in agriculture around the globe, although they may differ on some definitions and expected market size.
Gingko Bioworks and Bayer are joining together as strategic partners in an effort “to develop biological solutions in fields like nitrogen optimization, carbon sequestration, and next-generation crop protection,” Bayer announced Friday.
