PLANT STEM CELL MARKET ANALYSIS

Market News

Key Developments

1. Major players in the market are focused on various business strategies such as product launches, in order to gain competitive edge in the market. For instance, in April 2019, Tremotyx Biomedical Lab launched plant stem cell-based over-the-counter treatment for eczema. This new treatment is based on aloe vera, which will benefit millions of American citizens suffering from eczema.
2. Major players in the market are focused on various business strategies such as product launches, in order to expand their product portfolio. For instance, in March 2019, Mibelle Biochemistry launched PhytoCellTec Goji, which is a novel active ingredient based on goji plant stem cells. PhytoCellTec Goji improves cell-to-cell communication via exosomes.
3. Key companies in the market are focused on various business strategies such as product launches, in order to expand their product portfolio. For instance, in October 2018, Mibelle Biochemistry launched MossCellTec No. 1, which is a new active ingredient based on biotechnologically produced moss.