 |
First
of all, the wave of consolidation is not over yet. The next stage in
the consolidation will be driven by the need for more profitability
and higher return on investment.
Looking back at the mid ‘90s, when more than 7 billion dollars were
invested to create the present situation, starting with the first real
product in an important market (Ciba with the Bt176 ®), I
believe that, as soon as an important new product such as
functional food arrives on the market, we will see the food or
feed industry investing to protect their jobs.
This will be a
new major step for the seed industry. |
