Biostimulants are substances that are applied to plants to improve their growth, development, and performance. They can be derived from a variety of sources, including plants, animals, and microorganisms. Biostimulants are not fertilizers, but they can complement the use of fertilizers to help plants reach their full potential.
Biostimulants MarketOctober 2023- Fyteko, an agri-biomolecule developer and Janssen PMP, part of the Janssen Pharmaceutica NV lately announced the distribution contract for the former’s drought-proofing biostimulant product, called Nurspray. This latest climate-smart biostimulant that can be a worthy tool for growers and farmers across the globe as these can help in tackling the impacts of climate change on agriculture now will be accessible in 11 countries all through Australasia, Africa, Europe, & the Americas which also includes 12 states of the United States.
September 2023- ICL Group, top worldwide specialty minerals company recently revealed its investment and agrifood innovation platform. The ICL Planet Startup Hub indeed has led an investment in Agrematch, an AI agriTech startup. These two companies agreed in launching a joint, multi-year program to utilize Agrematch’s AI system to discover biostimulants or new crop nutrition solutions for coming up with innovative products to the global offerings of ICL.
June 2023- Cascadia Seaweed has recently launched its foremost seaweed-based biostimulant. Two of the most renowned regenerative agtech companies in British Columbia, Refeed Canada and Cascadia Seaweed have joined hands for launching Cascadia’s foremost agricultural product which is a liquid plant food created from seaweed extract. The collaboration is indeed a natural partnership & the work extension they both are doing for supporting more climate resistant and sustainable food systems. Their work highlights to harness nature and upcycle nutrients for producing plant & soil health products which support food security, the production of food, and a highly resilient food system.
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