The Mosaic Co. has formed the Mosaic Biosciences platform, a global initiative to bring the latest science and innovation to the agriculture market.
The technologies the company uses aid crop health and supports the natural biology of plants and soil, which leads to better harvesting for farmers.
According to the company, the market for agricultural biologicals could reach $30 billion by 2029.
"Mosaic Biosciences is a natural extension of our crop nutrition portfolio," said Floris Bielders, VP of strategy and new business platforms at Tampa-based Mosaic Co. (NYSE: MOS), in a release. "Rooted in science and proven in the field, our portfolio of biological technologies supports the existing biology in plants and soil to deliver healthier, stronger crops."
The company's portfolio includes biological fertilizer complements, PowerCoat and BioPath, which improve nutrient use efficiency and enhance plant growth.
Additional products help mitigate abiotic stress from drought, heat and salinity.
The release states that Mosaic Biosciences is building a pipeline of new biologic products to drive improvements in plant health, stress management, nutrient uptake and crop yield.
