White biotechnology, also known as industrial biotechnology, involves the use of enzymes and microorganisms to make bio-based products in sectors as varied as chemicals, food and feed, healthcare, detergents, paper and pulp, textiles and bioenergy. Bio-based products available in the market consist of biopolymer fibers used in both construction and household applications, biodegradable plastics, biofuels, lubricants and industrial enzymes such as those used in detergents or paper and food processing. Biotechnological processes also constitute a key element in the manufacturing of some antibiotics, vitamins, amino acids and other fine chemicals. Biofuel and Biogas are the major application sectors of bioenergy.
The report presents an in-depth assessment of the Global White Biotech including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global White Biotech investments from 2020 till 2025.
Global white biotech market is forecasted to grow at a CAGR of 10.5%during the forecast period (2019 – 2024).
– The white biotech market is driven by various factors that include wide application market, reduced energy, and production cost of the products, and sustainable & environment-friendly manufacturing process.
– A surge in the usage of pesticides and fertilizers are eradicating the fertility properties from the agricultural lands. This is expected to have a tremendous negative impact on the production of bio crops, which is the central element required for the development of the white technology market. This problem is anticipated to deter the growth of the global market. However, the usage of less productive lands for producing biofuels is expected to push the market in the forward direction.
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Top Leading Manufactures-
Zimmer Biomet Holdings, Inc, Carpenter Technology Corporation, Evonik Industries AG, BASF SE, Bayer CropScience AG, Dow AgroSciences, Becker Underwood Inc, Arysta LifeSciences, Koninklijke DSM N.V.
Key Market Trends
Feed Additive is Growing in the White Biotech Application Market
Demand for livestock products is increasing because of the increasing human population, growth in income and urbanization. The productivity of animals will need to be substantially increased to satisfy increasing consumer demand, to more efficiently utilize scarce resources and to generate income for a growing agricultural population. Modern biotechnology has the potential to enhance livestock productivity, increase feed digestibility, reduce feed cost, decrease animal waste and promote sustainable use of natural resources. Biotechnological advances have led to the use of enzymes, amino acids, vitamins, prebiotics and prebiotics used in animal feeds to improve nutritive value and digestion. Amino acids and vitamins hold the major market share in the global white biotech feed additive market, and Asia-Pacific is projected to register the highest growth rate.
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Asia-Pacific is the fastest-growing region
The global white biotech market has been geographically divided into North America, Europe, Asia-Pacific, South America and Africa. North America dominates the market, closely followed by Europe. Asia-Pacific is the fastest-growing region, due to the increasing demand for sustainable products, such as biochemicals and enzymes. China is one of the major markets for biochemical products that competes with Europe and North America. India is a rising market for biotechnology. Investments from foreign organizations, clear and well-defined government regulatory guidelines and demonstrated high-quality value-based services drives the market growth in this country. India stands one among the 12 destinations in the biotech sector and third in Asia-Pacific. India is second in the number of USFDAapproved plants, 500 companies.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global White Biotech Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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