Agarwood or also known as “The Wood of the Gods” is one of the most expensive fragrant dark resinous components of the Aquilaria tree. This unique resin is in high demand as it is used in the medicinal, jewellery, fragrance and essential oil industries. Currently, the agarwood market trade is estimated to be valued at USD32 billion and expected to double to USD64 billion by the end of 2029 globally - making Agarwood the world's most valuable plant species. David Liew and Adrieent Tan share how technology is helping them lead the way in agarwood inoculation.

Image Credit: DAdvance Agarwood Solutions Official Website

Produced by: Richard Bradbury

Presented by: Richard Bradbury

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Corporates,  markets,  SME,  entrepreneurs,  technology

Tags:  resin,  aquilaria,  essential oils,  agarwood,