Agri-Biotech Pioneers: Securing Our Food and Protecting Our Planet!
The Vital Role of Biotechnology in Advancing Agriculture
The progress of agriculture is increasingly dependent on biotech research, which offers crucial insights into the genetic and physiological characteristics of crops. By studying crop genetics and biochemistry, researchers are able to develop innovative varieties and bio-inputs that bolster crop resilience to environmental stressors, increase yields, and enhance the nutritional value of produce. Additionally, biological research is essential for creating sustainable agricultural practices by revealing the complex interactions between organisms and their environments.
The agricultural biotechnology market was valued at USD 118 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8% over the next five years. This growth is driven by the rising adoption and advancement of new biotechnology tools, which facilitate novel breeding techniques.
The global agricultural biotechnology market is set to expand further due to the increasing use of biotechnology tools that create or modify the traits of organisms—plants, animals, and microbes alike—to improve characteristics such as color, yield, and size. These tools are gaining traction in various agricultural applications, including molecular breeding, marker-assisted selection, tissue culture, genetically modified or edited crops, molecular diagnostic technologies, and conventional plant breeding.
Innovative work is being carried out by a handful of companies worldwide, from the USA to India and Europe, all focused on biotechnology in agriculture. This article aims to spotlight the groundbreaking efforts of these industry pioneers who are driving the future of sustainable and efficient farming practices.
Absolute
Absolute? is an India-based pathbreaking bioscience company leveraging billions of years of nature's intelligence to solve humanity's grandest challenges. Here are some of the key areas of work done by Absolute:
Absolute through, Xenesis - an advanced biotechnology research and development center, partner with nature and learn from its billions of years of evolutionary memories to create a better world- for people, for the planet. Its proprietary nature intelligence platform scans the planet’s vast biodiversity for bioable agriculture.
AgroSustain?
AgroSustain SA is a Swiss-based biotechnology company that develops natural solutions for crop protection. Here are some of the key areas of work done by AgroSustain:
AgroSustain's work is focused on developing natural solutions for crop protection that reduce the use of synthetic chemicals and create more sustainable food systems. Their biocontrol agents and sustainable agriculture practices have the potential to revolutionize the way we grow and protect our food. Additionally, their focus on reducing food waste through extended shelf life can help address global food security challenges.
Benson Hill
Benson Hill is an American biotechnology company that specializes in computational biology and gene editing technologies to improve crop traits and sustainability. Here are some of the key areas of work done by Benson Hill:
Benson Hill's work is focused on using cutting-edge technologies to develop sustainable and innovative solutions for the agriculture industry. Their work has the potential to improve crop yields, reduce the environmental impact of farming practices, and create more sustainable food systems for the future.
Inari
Inari is an American biotech innovator that uses gene editing and machine learning to develop crops with desirable traits, such as drought tolerance, disease resistance, and improved nutrition. Here are some of the key areas of work done by Inari:
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Inari's work is focused on using cutting-edge technologies to develop crops with desirable traits that are more resilient, sustainable, and better suited to specific growing conditions. Their work has the potential to revolutionize the agriculture industry by creating more sustainable and efficient ways to produce food.
KWS SAAT
KWS SAAT is a German-based biotechnology company that specializes in plant breeding and seed production. Here are some of the key areas of work done by KWS SAAT:
KWS SAAT's work is focused on developing new plant varieties and producing high-quality seeds that help farmers increase crop yields, reduce input use, and create more sustainable food systems. Their commitment to sustainable agriculture and digital farming tools has the potential to revolutionize the way we grow food and manage our natural resources.
Pairwise
Pairwise , an American Biotech innovator, uses gene editing technology to develop crops with desirable traits, such as disease resistance, improved flavor, and longer shelf life. Here are some of the key areas of work done by Pairwise:
Pairwise's work is focused on developing crops with desirable traits using gene editing technology. Their work has the potential to revolutionize the agriculture industry by creating more sustainable crops that meet consumer preferences.
Pivot Bio
Pivot Bio is a biotechnology company that develops microbial solutions for agriculture. The company's focus is on developing natural, sustainable alternatives to synthetic fertilizers. Here are some of the key areas of work done by Pivot Bio:
Pivot Bio's work is focused on developing microbial solutions that help reduce the environmental impact of farming practices and create more sustainable food systems. Their work has the potential to reduce greenhouse gas emissions, improve soil health, and increase crop yields while reducing the use of synthetic fertilizers.
Global Surge in Biotech Adoption
According to the International Service for the Acquisition of Agri-biotech Applications (ISAAA Inc. ), biotech crops were cultivated on a total of 190.4 million hectares across 29 countries in 2019. This contributed significantly to food security, sustainability, and climate change mitigation, as well as upliftment in the lives of up to 17 million biotech farmers and their families globally. Double-digit growth rates in biotech crop areas were observed in developing countries such as Vietnam, the Philippines, and Colombia. The top five countries with the largest area of biotech crops were the USA, Brazil, Argentina, Canada, and India. With high adoption rates of principal biotech crops in these countries, approximately 1.95 billion people or 26% of the world benefited from biotechnology in 2019. These biotech products constitute a significant portion of fiber, feed, fuel, and food consumption globally.
The adoption of Genetically Edited crops worldwide is expected to drive the agricultural biotechnology market in the coming decades. Genome Editing overcomes the limitations of GM technologies and allows for improvements in existing local and regional crop varieties rather than introducing new ones. Emerging evidence indicates that plant breeders are using genome editing on local crops familiar to farmers and consumers.
About HnyB
HnyB is a boutique consulting company specializing in the dynamic intersection of Agriculture, Technology, and Economics. With a focus on the agriculture sector, HnyB provides expert guidance and strategic advice to various stakeholders within the agriculture ecosystem. Their services encompass a wide range of strategic areas, helping clients navigate the complex landscape of modern agriculture. By leveraging their expertise at the intersection of these fields, HnyB plays a vital role in shaping the future of agriculture, optimizing technology adoption, and driving economic growth in the agricultural sector.
About Author
Deepak Pareek is a serial entrepreneur, investor, and ecosystem builder in the agriculture technology domain He has 25 years of diverse experience working across 34 countries on various projects. He is a well-decorated technocrat honored as Top 10 Agropreneur 2019 by Future Agro Challenge, Greece, and Technology Pioneer 2018 by World Economic Forum, Switzerland, and also advised various private, public, and multilateral organizations in the agriculture and technology domain.