Biorizon Biotech Doubles Sales and Plans to Reach New Markets by 2023
Biorizon Biotech is adhered to the Global Climate Pact and promotes numerous actions for sustainable cultivation. The market for biostimulants and biopesticides will see significant growth in the next 10 years, and strategies such as the European Union’s “Farm to Fork” strategy and the new legislation approved in important countries such as the USA and Brazil will strengthen this growth.
Biorizon Biotech, an Almeria-based biotech company, which presented its new line of products for regenerative agriculture at Fruit Logistica 2023 this year, experienced a spectacular increase in sales last year. This new sales record has been the result of its rapid growth in EMEA and the Americas, as well as the success of the new products launched in 2022.
Biorizon Biotech is a global player in the cultivation and commercialization of microalgae-based bio solutions for agriculture. Its research and product development is based not only on microalgae but also on various microorganisms and plant extracts aimed at creating biostimulants and biopesticides to enhance Regenerative Agriculture.
The markets that have grown the most in the last year have been EMEA, where Biorizon Biotech has opened a subsidiary in Italy, joining the existing ones; LATAM with a particularly positive sales performance, and ASIA which is emerging strongly.
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New product lines are already underway
The launch of new product lines aimed at Regenerative Agriculture and new formulations where microalgae, bacteria, and plant extracts are used under the proprietary Trietech technology also responsible for this high growth, has been the focus of attention at Fruit Logistica 2023.
“Biorizon Biotech’s commitment to Regenerative Agriculture, biostimulants, and new-generation biopesticides is total. We believe that the world market will undergo a revolution with the development of these new products and we want to be protagonists of it” said its CEO David Iglesias.
In 2023, Biorizon Biotech will not stop growing
The growth foreseen for 2023 will mark a new milestone for the Biorizon Group and for this new markets are being opened in the continents with current presence, as well as in Asia and Oceania. Biorizon Biotech aims to operate in more than 40 markets this year.
The new facilities, the largest in Europe, in which selected strains of microalgae are cultivated, and the expansion of bacterial production facilities will enable the company to meet the growth expected during 2023.
The market for biostimulants and biopesticides will see significant growth in the next 10 years, and strategies such as the European Union’s “Farm to Fork” strategy and the new legislation approved in important countries such as the USA and Brazil will strengthen this growth.
Biorizon Biotech is adhered to the Global Climate Pact and promotes numerous actions for sustainable cultivation and the reduction of the use of chemical products in agriculture.
(Featured image by Couleur via Pixabay)
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First published in MERCADOS, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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