The Mosaic Company Unveils Mosaic Biosciences™ to Expand Offerings in Plant Health

Rhea-AI Summary

The Mosaic Company has announced the formation of the Mosaic Biosciences platform, which aims to bring innovative biological technologies to the agriculture market. The technologies from Mosaic Biosciences enhance crop health and maximize yield potential. Analysts predict the market for agricultural biologicals to reach $30 billion by 2029. Mosaic's portfolio of biological products complements traditional crop nutrients and includes fertilizer complements, stress mitigation products, and nutrient use enhancement technologies.

Positive

• The market for agricultural biologicals is expected to reach nearly $30 billion by 2029.
• Mosaic Biosciences aims to bring innovative biological technologies to the agriculture market.
• The portfolio of biological products from Mosaic Biosciences enhances crop health and maximizes yield potential.
• Mosaic's biological products complement traditional crop nutrients.
• The company plans to bring additional biological products to the market in the future.

Negative

• None.

Crop Nutrition Leader Adds Portfolio of Biological Technologies

TAMPA, Fla., Aug. 15, 2023 /PRNewswire/ -- The Mosaic Company (NYSE:MOS) announced today the formation of the Mosaic Biosciences™ platform, a global initiative to bring the latest science and innovation to the agriculture market. The technologies from Mosaic Biosciences enhance crop health and support the natural biology in plants and soil, ultimately maximizing the yield potential of every field. 

Analysts suggest the market for agricultural biologicals could reach nearly $30 billion by 2029, and Mosaic continues to invest in biological technologies to bring best-in-class technology to growers. An established leader in crop nutrition, Mosaic's growing portfolio of proven biological products complements and enhances the performance of traditional crop nutrients.

"Mosaic Biosciences is a natural extension of our strong crop nutrition portfolio," said Floris Bielders, Vice President, Strategy and New Business Platforms at The Mosaic Company. "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 Mosaic Biosciences portfolio includes biological fertilizer complements, PowerCoat^® and BioPath^®, which improve nutrient use efficiency and enhance plant growth and vigor. Additional products help mitigate abiotic stress from drought, heat and salinity. With a global team of scientists, Mosaic Biosciences is building a pipeline of new biologic products to drive improvements in plant health, stress management, nutrient uptake, and crop yield.

"Our portfolio of nutrient use enhancement technologies is just the start for Mosaic Biosciences," said Bielders. "In the coming months and years, we expect to bring additional biological products to the market – all of which will be backed by science and in-field experience. Biologicals are crucial in the evolution of crop nutrition and will elevate the potential in every field."

To learn more about Mosaic Biosciences, visit www.biologicalswork.com.

ABOUT THE MOSAIC COMPANY

The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.

Contacts:

Media:
Natali Archibee
The Mosaic Company
813-775-4208
media@mosaicco.com

Investors:
Paul Massoud
The Mosaic Company
813-775-4260
investor@mosaicco.com

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SOURCE The Mosaic Company

FAQ

What is the Mosaic Biosciences platform?

The Mosaic Biosciences platform is a global initiative by The Mosaic Company to bring innovative biological technologies to the agriculture market.

What is the predicted market size for agricultural biologicals?

Analysts predict that the market for agricultural biologicals could reach nearly $30 billion by 2029.

What products are included in the Mosaic Biosciences portfolio?

The Mosaic Biosciences portfolio includes fertilizer complements such as PowerCoat® and BioPath®, as well as products that help mitigate abiotic stress from drought, heat, and salinity.

How does Mosaic Biosciences enhance crop health?

Mosaic Biosciences enhances crop health by supporting the existing biology in plants and soil, delivering healthier and stronger crops.

What are the future plans for Mosaic Biosciences?

Mosaic Biosciences plans to bring additional biological products to the market in the future, all backed by science and in-field experience.