Explore the words cloud of the Rhizomia project. It provides you a very rough idea of what is the project "Rhizomia" about.
The following table provides information about the project.
|Coordinator Country||Belgium [BE]|
|Total cost||3˙150˙000 €|
|EC max contribution||2˙205˙000 € (70%)|
1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
|Duration (year-month-day)||from 2019-03-01 to 2021-02-28|
Take a look of project's partnership.
Out of 391,000 plants known to science only 31,000 have practical applications. 18,000 are classified as medicinal plants, which means they have a documented medicinal effect. But only 150 plants are cultivated industrially. Medicinal plants are a huge global market, conservatively estimated at €70bn in 2015. Plant roots provide many of the important biologically active ingredients found in nutraceuticals, pharmaceuticals, cosmetics, food additives & other products. Production of such active ingredients from plants (cultivated by horticultural means or harvested in the wild) is not sufficient to meet the growing market demand. New sustainable production methods revolve around in-vitro cultivation in bioreactors. The main limiting factor of the current solutions is the plant biomass growth rate. Existing bioreactors are unable to produce sufficient amounts of biomass & active ingredients at economically attractive speeds, limiting their use. Rhizomia from Botalys is a novel technology that enables a 2x faster biomass growth (reaching doubling time of 6-8 days for ginseng roots) and a 2-3x boost in active ingredient elicitation level (10-12% concentration of the top 7 ginsenosides instead of 4% concentration of the top 7 ginsenosides in harvested wild ginseng). There is an annual market of ~80,000 tons of dry ginseng matter, growing at ~8% per year. It is dominated by non-European producers. With Rhizomia we are able to produce best-in-class red (post-processed) ginseng with unmatched profile of ginsenosides—active ingredients. With Rhizomia-produced ginseng we are aiming to take 30-35% market share already by 2030 by building a large-scale production facility and putting EU back on the map of major ginseng exporters.
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The information about "RHIZOMIA" are provided by the European Opendata Portal: CORDIS opendata.
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