The move is expected to fuel both mid-and-long-term growths for the company
Bayer announced the advancement of key innovation projects that showcase the latest in crop protection, seeds and traits and digital solutions. These significant advancements, plus more than 500 seed deployments and greater than 300 new crop protection product registrations in 2021 are expected to fuel both mid-and-long-term growths for the company as they bring new value to growers around the globe.
The company’s new solutions for agriculture are geared to support farmers in their need to meet the growing global demand for food, feed, fibre, and fuel, while also advancing a climate-smart future for the industry. This commitment to Bayer’s farmer customers and innovative research brings forward a pipeline valued at up to €30 billion peak sales potential over the next two decades.
“Once again Bayer’s pipeline extends the company’s track record of converting R&D into value-adding solutions for growers,” said Bob Reiter, Head of R&D for the company’s Crop Science Division. “Whether it is leading innovation in the core business, tackling climate change with carbon-smart practices, or transforming agriculture with Digital Farming Solutions, Bayer continues to deliver solutions and remains committed to making global food systems more resilient while catering for the need to feed a growing population.”
