The global white biotechnology market is expected to grow with the CAGR of 9%-12% by 2025


   January 13, 2021
According to a new market report published by Lucintel, the future of the white biotechnology market looks promising with opportunities in bioenergy, food & feed additive, pharmaceutical ingredient, and personal care & household product applications. The global white biotechnology market is expected to grow with a CAGR of 9%-12% from 2020 to 2025. The major drivers for this market are rising consumer demand for green chemicals and increasing growth in the biotechnology industry.

White biotechnology uses living cells—from yeast, moulds, bacteria, and plants—and enzymes to synthesize products that are easily degradable, require less energy, and create less waste during their production. In this market, biofuels, biochemicals, biomaterials, and industrial enzymes are the major products. Lucintel forecasts that biofuels will remain the largest product segment over the forecast period due to growing demand for biodiesel and bioethanol to improve vehicle efficiency.

Within this market, bioenergy will remain the largest application segment over the forecast period due to the advantages of clean energy source and expansion of bioenergy in the energy sector.

North America will remain the largest region over the forecast period due to rising demand for green products and chemicals from consumers and government support for R&D activities in the field of white biotechnology in the region.

Amyris, BioAmber, Borregaard, Codexis, Deinove, Evolva, Fermentalg, Gevo, Global Bioenergies, Metabolic Explorer, Novozymes, and Solazyme are among the major suppliers in the global white biotechnology market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global white biotechnology market by product, feedstock, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global White Biotechnology Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global white biotechnology market by product, feedstock, application, and region as follows:

By Product [Value ($ Million) shipment analysis for 2014 – 2025]:



  • Biofuels


  • Biomaterials


  • Biochemicals


  • Industrial Enzymes


By Feedstock [Value ($ Million) shipment analysis for 2014 – 2025]:



  • Grains & Starch Crops


  • Agricultural Residues


  • Food Waste


  • Forestry Materials


  • Animal by-Products


  • Energy Crops


  • Urban & Suburban Waste


 

By Application [Value ($ Million) shipment analysis for 2014 – 2025]:



  • Bioenergy


  • Food & Feed Additives


  • Pharmaceutical Ingredients


  • Personal Care & Household Products


  • Others


By Region [Value ($ Million) shipment analysis for 2014 – 2025]:



  • North America




  • United States


  • Canada


  • Mexico




  • Europe




  • United Kingdom


  • Spain


  • Germany


  • France




  • Asia Pacific




  • China


  • India


  • Japan




  • The Rest of the World




  • Brazil


 

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

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