logo

The World's first vegetal chitosan biostimulant from non-GMO and renewable source on an industrial scale

Sector: Raw Materials • Location: Belgium

Source: EU Funding & Tenders Portal

Project
Ended

The world needs new kinds of organic farming solutions. While there are a wide range of crop performance chemicals available on the market today, there is growing evidence of their harmful environmental and health impacts. Demand for organic food and sustainable agricultural practices is driving demand for new solutions. This has led to the emergence of the biostimulants industry, a broad group of

Project Information FAQ

Project Information

3 Q
The project “The World's first vegetal chitosan biostimulant from non-GMO and renewable source on an industrial scale” is an infrastructure initiative in the Raw Materials sector, located in Belgium. Taiyo aggregates data on it from EU Funding & Tenders Portal.

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

ended

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

The world needs new kinds of organic farming solutions. While there are a wide range of crop performance chemicals available on the market today, there is growing evidence of their harmful environmental and health impacts. Demand for organic food and sustainable agricultural practices is driving demand for new solutions. This has led to the emergence of the biostimulants industry, a broad group of natural ingredients used to enhance crop performance and improve plant growth. Chitosan is one product within the biostimulants market which has proven to have a positive impact on crops and is expected to reach €93million by 2022. However, chitosan currently can only be produced through extracting in chemically from shellfish. This brings about a number of quality and scalability issues related to shrimp fishing. Furthermore, the allergens contained in shellfish-sourced chitosan limit its applicability in the wider agriculture sector and can harm consumers. Our solution, KitoGreen is an innovative and sustainable fungal-derived chitosan. Our product is unique, patented and sustainable from a vegetal source, which eliminates the quality issues of traditional methods. Due to its non-animal source, KitoGreen has no allergens and can be used to consistently and sustainably produce chitosan with lower CO2 emissions. Some of the proven benefits of KitoGreen are: - Increased natural plant growth - Higher yields for farmers - Reduce use of fertilizers - Open up lucrative post-harvest shelf-life extension application which current chitosan can not be used for because of allergen risk KitoZyme is the manufacturer of KitoGreen. We are a pioneer and global leader in manufacturing biopolymers from fungi. We have expertise and enjoyed success in consumer healthcare and in beverages technology. KitoGreen is our new product for the agriculture industry which we expect to reach nearly €5M in sales and €4M in profits after 5 years of market launch.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data