The global market for White Biotechnology is estimated at US$301.3 Billion in 2023 and is projected to reach US$513.4 Billion by 2030, growing at a CAGR of 7.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
As environmental concerns and regulations become more stringent, industries are seeking alternative methods to produce goods and energy that reduce carbon footprints and pollution. White biotechnology offers solutions that utilize renewable resources and produce fewer by-products, aligning with global sustainability goals. Another driver is the advancement in genetic engineering and synthetic biology, which has enhanced the ability to design and manipulate microorganisms for specific industrial applications. These technological advancements have led to more efficient production processes and the creation of novel bioproducts. Additionally, the rising cost of fossil fuels and the depletion of natural resources are compelling industries to adopt biotechnological processes that are not only sustainable but also economically viable. The application of white biotechnology in the chemical and plastics industry demonstrates significant advantages. The use of microorganisms and enzymes in these processes can streamline complex chemical reactions, making them more straightforward and less resource-intensive. This technology allows for the creation of new chemicals and materials that were previously difficult or impossible to produce using conventional methods
As environmental concerns and regulations become more stringent, industries are seeking alternative methods to produce goods and energy that reduce carbon footprints and pollution. White biotechnology offers solutions that utilize renewable resources and produce fewer by-products, aligning with global sustainability goals. Another driver is the advancement in genetic engineering and synthetic biology, which has enhanced the ability to design and manipulate microorganisms for specific industrial applications. These technological advancements have led to more efficient production processes and the creation of novel bioproducts. Additionally, the rising cost of fossil fuels and the depletion of natural resources are compelling industries to adopt biotechnological processes that are not only sustainable but also economically viable. The application of white biotechnology in the chemical and plastics industry demonstrates significant advantages. The use of microorganisms and enzymes in these processes can streamline complex chemical reactions, making them more straightforward and less resource-intensive. This technology allows for the creation of new chemicals and materials that were previously difficult or impossible to produce using conventional methods
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Bioenergy Application segment, which is expected to reach US$203.1 Billion by 2030 with a CAGR of a 8.0%. The Food & Feed Additives Application segment is also set to grow at 6.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $82.1 Billion in 2023, and China, forecasted to grow at an impressive 12.5% CAGR to reach $115.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global White Biotechnology Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global White Biotechnology Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global White Biotechnology Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AkzoNobel, Amyris, Angel Yeast Co.Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 32 Featured):
- AkzoNobel
- Amyris
- Angel Yeast Co.Ltd.
- BASF SE
- Biosphere
- Borregaard
- DSM
- Du Pont Danisco
- Fermentalg
- Genecor
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- AkzoNobel
- Amyris
- Angel Yeast Co.Ltd.
- BASF SE
- Biosphere
- Borregaard
- DSM
- Du Pont Danisco
- Fermentalg
- Genecor
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 88 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 301.3 Billion |
| Forecasted Market Value ( USD | $ 513.4 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
