Don’t miss the latest developments in business and finance.

Arcadia Biosciences and Shriram Bioseed reach milestone in developing extended shelf life tomatoes

Image
Capital Market
Last Updated : Jul 19 2018 | 7:04 PM IST
Arcadia Biosciences, Inc., an agricultural food ingredient company, and Shriram Bioseed (the hybrid seed business of DCM Shriram), a leading research and hybrid seed development company, announced the achievement of a key milestone in developing Extended Shelf Life (ESL) tomatoes.

Bioseed has field tested Arcadia's ESL technology in multiple tomato hybrid backgrounds in multiple locations and seasons. Significant and consistent improvements in field yield and fruit quality, such as firmness, shelf life and color development, were observed. These new hybrids are in the pre-commercial, wide area field testing stage with anticipated launch in 2019.

Because of their perishable nature, many harvested fresh fruits and vegetables spoil and become food waste instead of being consumed. According to the U.S. Environmental Protection Agency, in the U.S. alone, food waste costs households an estimated $166 billion annually, and tomato food waste costs households $2.3 billion annually. These numbers are small compared to the lost value in the supply chain worldwide. An estimated 20 to 35 percent of tomatoes on average are lost to post-harvest damage in Asia. As the fourth largest producer of tomatoes globally, India represents a significant market opportunity for ESL tomato technology.

Using a non-GM advanced screening and breeding technique called TILLING, Arcadia identified genetic variations that allow tomatoes to fully ripen on the vine, yet still remain durable enough to survive the packing and shipping process.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jul 19 2018 | 6:43 PM IST

Next Story