As climate change poses an increasing threat to global food security, Elicit Plant is stepping up its efforts to address the challenges faced by the agricultural sector through strategic international expansion. The agri-biotech leader has successfully launched innovative bio-solutions aimed at enhancing crop resilience while reducing water consumption. With plans to enter the American market by 2025, Elicit Plant is poised to make a significant impact on farming practices worldwide.
The agricultural landscape is changing rapidly, with rising temperatures and unpredictable weather patterns leading to substantial losses for farmers. In response, Elicit Plant has developed products utilizing phytosterols—bioactive compounds that bolster plants’ natural defenses against abiotic stress. Their flagship products, Best-a for corn, EliSun-a for sunflowers, and EliGrain-a for straw cereals, have already gained traction in several countries, including Brazil, Poland, Ukraine, and Romania, following their successful introduction in France in 2022. These solutions have proven effective, reducing water consumption in major crops by as much as 20%, a critical advantage in an era of increasing drought and water scarcity.
Elicit Plant’s rapid growth is underscored by its recent achievements, including obtaining European approval for its products, which now allows for distribution across all 27 EU countries. This milestone reflects the company’s commitment to meeting the urgent needs of farmers grappling with the realities of climate change. Jean-François Déchant, CEO of Elicit Plant, emphasizes the diverse challenges faced by different agricultural regions. “For instance, 75% of the agricultural land in Spain is at risk of desertification, while Brazilian farmers have endured three consecutive years of severe drought,” he notes. Such conditions have led to significant yield losses, with estimates suggesting that water stress has halved corn yields in some areas, costing farmers around 30 billion euros.
The company’s innovative approach has resonated particularly well in Eastern Europe and Brazil, where heightened awareness of climate-related challenges has accelerated the adoption of Elicit Plant’s solutions. Since the launch of Best-a, Elicit Plant has witnessed a remarkable 150% annual increase in business activity. Déchant expresses optimism about the future, stating, “To date, we project a revenue of over 10 million euros for our next campaign from September 2024 to June 2025, and we are actively preparing our entry into the American market in 2025.” This ambitious outlook reflects a growing recognition of the need for effective agricultural solutions in the face of climate change.
Elicit Plant’s commitment to innovation and expansion aligns with broader efforts within the agricultural sector to adapt to rapidly changing environmental conditions. By focusing on sustainable practices and effective resource management, the company aims to equip farmers with the tools necessary to navigate the complexities of modern agriculture. As the global community seeks solutions to the pressing issues of food security and climate resilience, Elicit Plant stands at the forefront, ready to make a difference.
The upcoming World Agri-Tech summit in London, taking place from September 30 to October 1, will provide an opportunity for stakeholders to connect with Elicit Plant and learn more about its international strategies and innovations. As the agricultural world grapples with the realities of climate change, the insights and solutions offered by companies like Elicit Plant will be crucial in shaping a more sustainable future for farming.