N2OFF's Save Foods Ltd. Wins Patent Opposition in Europe: A Boon for Sustainable Agriculture

N2OFF, Inc. (NASDAQ: NITO) (FSE:80W), a pioneering agri-food tech company, has scored a significant victory in the European market with its subsidiary Save Foods Ltd. winning a patent opposition case filed by ECOLAB Inc. The European patent EP2615932, which covers a method of protecting edible matter using a specific performic acid composition, is central to Save Foods' proprietary technology. This technology reduces pesticide use by 50% while extending produce shelf life, aligning perfectly with the EU's stringent pesticide reduction regulations.

The successful defense of Save Foods' European patent EP2615932 against ECOLAB's opposition represents a substantial competitive advantage in the European crop protection market, projected to reach $31.6 billion by 2026. The patent's protection, combined with the market growth projections, creates a significant opportunity for N2OFF to capture market share from traditional pesticide manufacturers.



The European crop protection pesticides market was valued at $27.73 billion in 2021, with a projected value of $31.6 billion by 2026, representing a 14% growth. This market presents a substantial opportunity for N2OFF, given the patent's scope and the regulatory alignment with the EU's stringent pesticide reduction regulations. The patent's protection, combined with the market growth projections, creates a significant competitive advantage for N2OFF in the European crop protection market.

The patent's alignment with EU regulations presents several opportunities for Save Foods and N2OFF:

1. Market Access: With the EU's crop protection pesticides market valued at $27.73 billion in 2021 and projected to reach $31.6 billion by 2026, the patent's protection creates a substantial competitive advantage in this market. Save Foods' validated technology is positioned to capture market share from traditional pesticide manufacturers, as it addresses two critical industry challenges: reducing harmful pesticide use and extending produce shelf life.
2. Regulatory Compliance: The patent's alignment with EU regulations ensures that Save Foods' products are compliant with the EU's strict standards, making them more attractive to European customers and facilitating market entry.
3. Sustainability and Innovation: The patent's technology, which reduces pesticide use and extends produce shelf life, aligns with the EU's broader goals of promoting sustainable agriculture and innovation in the food industry. This can lead to increased demand for Save Foods' products as the EU continues to prioritize sustainability and innovation in its agricultural policies.
4. Potential Carbon Credits: The patent's technology, which reduces food waste by extending shelf life, could potentially provide an alternative revenue stream by issuing carbon credits. This is because reducing food waste can help mitigate greenhouse gas emissions associated with food production and disposal. Save Foods is pursuing this opportunity by exploring the Verra VM00046 methodology for food waste carbon credits.

In conclusion, N2OFF's subsidiary Save Foods Ltd. winning the patent opposition case in Europe is a significant milestone for the company. The patent's protection, combined with the market growth projections and regulatory alignment, creates a substantial competitive advantage in the European crop protection market. This victory strengthens N2OFF's IP portfolio and market position, positioning the company to capture market share from traditional pesticide manufacturers and contribute to the EU's sustainable agriculture goals.