New Venture Has Targeted Microalgae for Agriculture
Phoenix Biosolutions and Necton Group joined forces to scale up the use of microalgae-based agricultural biostimulants.
Updated on Oct. 6, 2026 in Organic Food
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Phoenix Biosolutions and Necton Group have formed a joint venture called PNA to advance the production of microalgae-based agricultural solutions. The initiative aims to bring CE-marked biostimulants to markets throughout Europe.
Why it matters
The partnership seeks to improve agricultural productivity and resource efficiency by scaling technology that moves laboratory innovations into active farm fields. This expansion comes as the industry targets higher yields to meet projected global demand.
The global microalgae market reached USD 13.7 billion in 2025 and is projected to grow by nearly 8% annually. Industry figures show the biostimulants sector is expanding rapidly, with a projected value of USD 7.8 billion by 2030.
The players
Phoenix Biosolutions
A biotechnology firm specializing in automated hydrolysis software and enzymatic extraction processes.
Necton Group
A microalgae producer based in Portugal that operates two industrial production plants.
PNA
A joint venture focused on the commercialization of microalgae-based agricultural biostimulants.
The details
The venture integrates Necton Group's industrial expertise in strain selection and cultivation with Phoenix Biosolutions' proprietary software for automated enzymatic hydrolysis. This technology platform facilitates the transfer of algae-based solutions from controlled laboratory environments to large-scale agricultural application. By focusing on precision extraction, the partners aim to optimize the resource-use efficiency of these biostimulants.
Timeline
1997: Necton Group was founded.
2025: The global microalgae market was valued at USD 13.7 billion.
October 6, 2026: The PNA joint venture was announced.
Health Landscape
This venture aligns with the accelerating adoption of sustainable agricultural inputs intended to enhance soil and crop health. It represents a significant consolidation of industrial cultivation and extraction technologies within the evolving global biostimulants market.
While these products are intended for industrial farm use, advancements in biostimulants reflect broader efforts to improve the efficiency and quality of the global food supply. Readers interested in the origin of their food can monitor how these agricultural technologies influence conventional and sustainable farming practices.
The takeaway
The formation of PNA signals a shift toward high-tech, microalgae-derived solutions in agriculture. Consumers concerned about food production quality should continue to track trends in sustainable farming inputs, which are increasingly replacing conventional chemical methods.
Further reading
Learn more about the environmental standards and practices driving the Organic Food sector.
Source note: This article includes information reported by Biotech-spain.
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Do you believe the development of microalgae-based agricultural solutions is a positive step for modern farming?
