Evogene (EVGN) Company Presentation summary

Vision and mission

• Aims to lead the global shift to sustainability by supplying energy crop oil for bio-based industries, focusing on biofuels.

• Provides integrated, industrial-scale castor cultivation solutions using elite seed varieties.

Market overview and opportunity

• Global castor oil market valued at $1.4B in 2022, projected to reach $2.3B by 2032 with a 5.1% CAGR.

• Castor oil is used mainly in industrial applications (85% of value), including biofuels, lubricants, cosmetics, pharma, and electronics.

• Castor cake, a byproduct, serves as a nitrogen-rich organic fertilizer and nematode suppressor.

Industry challenges

• Most global castor supply comes from India, relying on traditional, manual farming methods with low yields (0.6 MT/Ha).

• Current practices cannot meet rising global demand for castor oil.