The “Global White Biotechnology Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the White Biotechnology Market.
White Biotechnology Market is valued approximately USD 134.65 million in 2019 and is anticipated to grow with a healthy growth rate of more than 10.5% over the forecast period 2020-2027.
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White biotechnology is also known as industrial technology used in various sectors such as food, chemicals, healthcare, textiles etc. involves the use of enzymes and microorganism in bio-based products. White biotechnology is cost competitive as it has lower cost curves as compared to other chemical processes. The market is expected to grow with a significant pace over the forecast years due to the global rise in production of energy across the globe. For instance, according Annual Energy Outlook of 2019, the global energy demand is expected to grow by 1/3 through 2040. Chinas renewable energy installation capacity has reached to 728 GW in 2018 which is an increase of over 12 % from 2017 that is 647.32 GW. Also, Nuclear power generation in China contributed 4.9% of total electricity production in 2019 with 348.1 Twh, which is an increase of 18.1% that is 295 Twh in 2018. Similarly, according to the Indian Brand Equity Foundation, installed renewable power generation in India grown with CAGR of 17.33% between 2016-2020 and stood at 87.26 GW.
Also, In 2018, India owned 22 nuclear reactors in operation in 7 nuclear power plants which is having installed capacity of 6,780 MW and produced over 35 Twh of nuclear power in 2017. Further, Increased technology use with environmentally friendly, reduced manufacturing cost, and efficient manufacturing methods advantages will also lead to growth of the market. Further, the ban on plastic usage will also expected to lead the growth of the market. However, Low adoption rates of bio fuel as compared to conventional fuel may hamper the growth of market.
The regional analysis of global White Biotechnology market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to demand for green products and chemicals by consumers. Europe is second largest region in the growth of the market, attributing to healthy growth of chemical industry.
Major market player included in this report are:
AUDI AG
Amyris,
BioAmber,
Borregaard,
Codexis,
Deinove,
Evolva,
Fermentalg,
Gevo,
Global Bioenergies,
Metabolic Explorer,
Novozymes, and
Solazyme
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type
Biofuels
Biomaterials
Biochemicals
Biopesticides
Industrial Enzymes
By Application:
Food Additives
Feed Additives
Chemicals
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the White Biotechnology market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide White Biotechnology market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global White Biotechnology market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global White Biotechnology market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global White Biotechnology market. It encapsulates indispensable insights extracted from the White Biotechnology Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global White Biotechnology market, including:
- What can be expected for the White Biotechnology market in the next decade?
- What are the primary drivers of growth in the global White Biotechnology market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the White Biotechnology market vary based on the size of the end market?
- What is the breakdown of White Biotechnology by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the White Biotechnology market?
Our most recent research report showcases the thriving expansion of the global White Biotechnology Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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