Global White Biotech Market - Growth, Trends And Forecast (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||572753|
|出版日期||內容資訊||英文 95 Pages
|全球白色生物科技市場:成長，趨勢，及預測(2019年∼2024年) Global White Biotech Market - Growth, Trends And Forecast (2020 - 2025)|
|出版日期: 2020年04月01日||內容資訊: 英文 95 Pages||
Global white biotech market is forecasted to grow at a CAGR of 10.5%during the forecast period (2019 - 2024).
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.
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.
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 USFDA-approved plants, 500 companies.
Bayer AG, Zimmer Biomet Holdings, Inc. (US), Carpenter Technology Corporation (US), Evonik Industries AG (Germany) and BASF SE (Germany) are the leading players in the white biotech market. The other market players hold only 11.9% market shares, which includes Valent Biosciences Corp, Arysta Life Sciences, Becker Underwood Inc., AgBiTech Pty Ltd and Andermatt Bio control as significant contributor in global bio pesticides market. The global industrial enzyme market for white biotechnology application is a concentrated market. The top seven players like Novozymes, AB Enzymes, Danisco/Genencor, DSM, Dyadic International and Logen Corporation occupy almost 93.3% share of the global industrial enzyme market under white biotechnology.