Absolute’s Inera Launches Range of Bioabled Farm Inputs To Change Agriculture Performance Worldwide

Absolute, a bioscience company, has recently launched its biological agri-input business, Inera CropScience, in India. The company aims to provide a crop-agnostic range of biofertilizers, biostimulants, biocontrols, and seed-coating products to meet the needs of 20% of the world's population and the highest arable land of any single nation in the world.

 The global agriculture input market, which includes fertilizers, pesticides, seeds, and other crop protection chemicals, is expected to reach USD 330.1 billion by 2026 with a CAGR of 5.2%. The growing demand for sustainable agriculture practices is driving the demand for bio-based inputs such as bio-fertilizers, bio-pesticides, and other bio-stimulants.

Inera intends to capture 20-30% of the industry market share in subsequent years as the world rapidly adopts biologicals, with the CAGR in the US at 12%, EU at 9%, Asia at 11%, and MEA at 10%. The company has made crucial strategic investments in expanding research and manufacturing capabilities to meet the demands of end consumers.

Inera's products are backed by extensive research in molecular biology, microbiology, epigenetics, -omics, and synthetic biology. The company's portfolio is powered by Xenesis, which comprises 150+ leading scientists. Since its inception in 2015, Absolute has invested more than USD 12 million in R&D and will continue to make such investments in the future. The company runs approximately 5 million square feet of world-class R&D for product development and testing across various locations in India, covering 12 major crop varieties across field crops, cereals, fruits, cash crops, vegetables, pulses, etc.

Agam Khare, CEO & Founder, of Absolute Inera CropScience, said, "Inera is committed to bringing exceptional crop health and protection products that improve farmer profitability, environmental sustainability & climate resilience." Prateek Rawat, COO & Co-founder, of Absolute Inera Cropscience, added, "Inera is invested in building a robust range of sustainable biological inputs for agriculture worldwide."

Absolute is a frontier bioscience company leveraging billions of years of nature's evolutionary intelligence to solve humanity's greatest challenges, starting with safe and sustainable solutions for agriculture and extending to biomaterials and Biocare. The company currently operates in 20+ countries and is backed by Sequoia, Tiger Global, and Alpha Wave, among others.

-With ANI PR Wire Inputs

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