SDKI Inc. published a new research report on "White Biotechnology Market-Forecast 2022-2031" on January 25, 2022. The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2031 forecast period.
The white biotechnology market is estimated to grow from a market value of US $ 30.81 billion in 2022 to US $ 610.82 billion by 2031, with a CAGR of 8.9% during the 2022-2031 forecast period. ..
https://www.sdki.jp/press-details/white-biotechnology-market/634
The industrial application of biotechnology has many potentials for sustainable development. The field of biotechnology that uses live cells from enzymes, yeasts, plants, and bacteria to synthesize new products is called white biotechnology. These products require less energy consumption, are easier to disassemble, and require less manufacturing waste. Increasing acceptance of new technology trends such as bioprocess modeling and metabolic modeling is a major driver of growth in the white biotechnology market during the forecast period. In addition, growing awareness of the environmental and functional benefits of using biofuels in developed and developing countries is also contributing to the growth of the white biotechnology market.
In addition, factors such as rising demand for bioplastics, favorable government policies, constant research and innovation to develop effective and high-quality APIs, and cost savings in production processes will drive the growth of the white biotechnology market. It will expand significantly. Regulators are continually striving to improve the predictability and efficiency of future biotechnology products through constant efforts. Governments in the United States, China, Brazil, Southeast Asia, India, and European countries are implementing some favorable policies of tax cuts and financial incentives to promote the application of white biotechnology. This creates growth opportunities for the white biotechnology market during the forecast period.
White Biotechnology Market Segment
The white biotechnology market is by product (biomaterials, biofuels, industrial enzymes and biochemistry), by application (food and feed additives, bioenergy, pharmaceutical ingredients, personal care, and household products) and by region. It will be split. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.
Based on the product, the market is divided into biomaterials, biofuels, industrial enzymes, and biochemistry. The biofuels and biochemicals segment is the segment that produces the most revenue. In 2017, these segments gained more than 70% of the revenue share of the global white biotechnology market. In addition, the volatile prices of traditional fuels such as natural gas, natural oils and coal have created growth opportunities in these segments.
Regional Overview of the White Biotechnology Market
In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, the Middle East / Africa and more. North America accounted for the largest revenue share of 35.23% in the global white biotechnology market in 2017. Functional efficiency, environmental sustainability, and easy availability of raw materials are key factors driving the growth of the white biotechnology market in the region. Meanwhile, the Asia Pacific region has recently emerged as a major player in the white biotechnology market. In recent years, many developing countries in the Asia-Pacific region (India, Thailand, Philippines, Colombia, Vietnam, etc.) have enforced forced biofuel mixing laws.
For more detailed analysis, each region is further divided into countries:
· Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, and other Asia Pacific)
· North America (US and Canada)
· Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Other Middle East and Africa)
· Latin America (Brazil, Mexico, Argentina, Other Latin America)
· Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) Key players in the white biotechnology market The
Key players in the white biotechnology market are BioAmber, Amyris, BASF, Codexis, Evolva, Deinove. , Novozymes, Metabolic Explorer, Solazyme, etc. The survey includes in-depth competitive analysis, corporate profiles, recent developments, and key market strategies for these major companies in the white biotechnology market.
Report sample URL
https://www.sdki.jp/sample-request-53276
SDKI Inc. Company profile
SDKI Inc.'s goal is to uncover market scenarios in different countries such as Japan, China, the United States, Canada, the United Kingdom and Germany. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. SDKI has gained trust and a customer base in more than 30 countries and is further focused on expanding its foothold in other pristine economies.
https://www.sdki.jp/press-details/white-biotechnology-market/634
The industrial application of biotechnology has many potentials for sustainable development. The field of biotechnology that uses live cells from enzymes, yeasts, plants, and bacteria to synthesize new products is called white biotechnology. These products require less energy consumption, are easier to disassemble, and require less manufacturing waste. Increasing acceptance of new technology trends such as bioprocess modeling and metabolic modeling is a major driver of growth in the white biotechnology market during the forecast period. In addition, growing awareness of the environmental and functional benefits of using biofuels in developed and developing countries is also contributing to the growth of the white biotechnology market.
In addition, factors such as rising demand for bioplastics, favorable government policies, constant research and innovation to develop effective and high-quality APIs, and cost savings in production processes will drive the growth of the white biotechnology market. It will expand significantly. Regulators are continually striving to improve the predictability and efficiency of future biotechnology products through constant efforts. Governments in the United States, China, Brazil, Southeast Asia, India, and European countries are implementing some favorable policies of tax cuts and financial incentives to promote the application of white biotechnology. This creates growth opportunities for the white biotechnology market during the forecast period.
White Biotechnology Market Segment
The white biotechnology market is by product (biomaterials, biofuels, industrial enzymes and biochemistry), by application (food and feed additives, bioenergy, pharmaceutical ingredients, personal care, and household products) and by region. It will be split. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.
Based on the product, the market is divided into biomaterials, biofuels, industrial enzymes, and biochemistry. The biofuels and biochemicals segment is the segment that produces the most revenue. In 2017, these segments gained more than 70% of the revenue share of the global white biotechnology market. In addition, the volatile prices of traditional fuels such as natural gas, natural oils and coal have created growth opportunities in these segments.
Regional Overview of the White Biotechnology Market
In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, the Middle East / Africa and more. North America accounted for the largest revenue share of 35.23% in the global white biotechnology market in 2017. Functional efficiency, environmental sustainability, and easy availability of raw materials are key factors driving the growth of the white biotechnology market in the region. Meanwhile, the Asia Pacific region has recently emerged as a major player in the white biotechnology market. In recent years, many developing countries in the Asia-Pacific region (India, Thailand, Philippines, Colombia, Vietnam, etc.) have enforced forced biofuel mixing laws.
For more detailed analysis, each region is further divided into countries:
· Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, and other Asia Pacific)
· North America (US and Canada)
· Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Other Middle East and Africa)
· Latin America (Brazil, Mexico, Argentina, Other Latin America)
· Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) Key players in the white biotechnology market The
Key players in the white biotechnology market are BioAmber, Amyris, BASF, Codexis, Evolva, Deinove. , Novozymes, Metabolic Explorer, Solazyme, etc. The survey includes in-depth competitive analysis, corporate profiles, recent developments, and key market strategies for these major companies in the white biotechnology market.
Report sample URL
https://www.sdki.jp/sample-request-53276
SDKI Inc. Company profile
SDKI Inc.'s goal is to uncover market scenarios in different countries such as Japan, China, the United States, Canada, the United Kingdom and Germany. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. SDKI has gained trust and a customer base in more than 30 countries and is further focused on expanding its foothold in other pristine economies.
