While the GM soybean can now be imported, processed, and used in food and feed products across the EU, its cultivation remains prohibited
The company described the Karnataka project as a reflection of its ongoing commitment to empowering the rice milling sector with innovative, reliable, and performance-driven technologies.
Unit sales also dipped, falling 8% year-over-year to US$724.9 million.
The transaction, initially announced in May 2025, strengthens Lallemand’s foothold in the global baking ingredients market
The drop is attributed to a continued reduction in planted area, part of a national strategy to manage long-standing oversupply challenges in the domestic market