Market News

Global Alfalfa Seeds Market: Recent Developments

In 2020, Calyxt, Inc., a plant-based synthetic biotechnology company, announced that it has entered into commercial terms with S&W Seed Company for the exclusive license of quality alfalfa seeds in the U.S. and other select geographies. This is the company's first commercial trait licensing arrangement, and sales predictions in the U.S. suggest that the trait may produce more than US$10 million in licensing revenue over the patient’s lifetime.
On October 5, 2020, Barenbrug, a producer and marketer of grass seeds and related products, acquired Jacklin Seed Company, U.S.A has been frontrunner in grass seed production and processing for many years. Jacklin Seed has been a pioneer in grass seed production and processing for many years. This has helped the company expand its product range.
In July 2020, Barenbrug entered into an agreement with Nuseed Pty Ltd, is a global agricultural innovator which enabling a transformation of select crop into the renewable and traceabal sourceof lower carbon energy and plant-based nutrition and also to license Nuseed Pty Ltd, sunflower germplasm collection, as well as perform Research and Development Barenbrug also obtained licenses for Nuseed’s sunflower sales, distribution, and forage-sorghum as well as grain sorghum. This increased the company’s market presence in Australia.
In July 2020, Royal Barenbrug Group, a company active in the research and development of grass seed worldwide, established a new laboratory for climate-resistant grass products in Nijmegen country. This new laboratory is a part of the company's three centers of excellence for seed enhancement.