Bayer focuses on partnerships, sustainability and innovation
Added on 08 February 2023
Biologicals innovation with tremendous environmental and business potential
One pillar in that collaborative approach towards regenerative agriculture is Bayer’s advancement in Biologicals, in other words agricultural inputs that are derived from biological instead of synthetic processing. The company has recently entered multiple promising collaborations in that space which will be showcased at Bayer’s booth at Fruit Logistica.
Bayer just lately entered a strategic partnership with Spanish biologicals company Kimitec focusing on accelerating the development and commercialization of biological crop protection products, as well as biostimulants to promote plant growth. Bayer also entered a partnership with French company M2i Group to supply fruit and vegetable growers around the world with pheromone-based biological crop protection products. In 2022, Ginkgo Bioworks became a multi-year strategic partner with Bayer to develop biological solutions in areas such as nitrogen optimization, carbon sequestration, and next generation crop protection.
Driving the development of biologicals is promising as it addresses environmental and business potential likewise. While it reduces the impact on the environment the biologicals market is expected to grow to nearly €25 billion by 2028.1
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