White Biotechnology Market, By Product Type (Biochemical, Biofuel, Biomaterial, Bioproduct), By Application (Bioenergy Food & feed additives, Pharmaceutical ingredients, Personal care & household products, Others), By Geography (North America, Latin Ameri

White Biotechnology Market, By Product Type (Biochemical, Biofuel, Biomaterial, Bioproduct), By Application (Bioenergy Food & feed additives, Pharmaceutical ingredients, Personal care & household products, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

White biotechnology utilizes biological processes such as enzymes to develop eco-friendly industrial products and processes. It utilizes renewable materials like plant waste, agricultural residues and organic waste to develop alternative fuels, bio-based chemicals and materials. Rising awareness regarding environmental protection and stringent government regulations to minimize pollution have boosted demand for green technologies across various industries. The depletion of fossil fuels and fluctuating crude oil prices have increased focus on the development of sustainable alternatives. Factors such as eco-friendly production, renewable feedstock and cost-competitive nature can boost popularity of white biotechnology. However, high capital investments and longer product development cycles can pose challenge for market players.

Market Dynamics:

Global white biotechnology market growth is driven by rising environmental concerns regarding pollution coupled with stringent government regulations mandating reduced emissions. Depleting fossil fuel reserves and fluctuating crude oil prices have increased focus on developing renewable and sustainable alternatives, and has propelled research and development activities in the industry. However, high capital investments for setting up manufacturing facilities and lengthy product development cycles can hamper the market growth. Innovation of new green products and technologies offers numerous opportunities for market players. For example, development of bio-based materials, plastics and chemicals using agricultural waste provide an eco-friendly alternative to petroleum-based derivatives.

Key Features of the Study:

• This report provides in-depth analysis of the global white biotechnology market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global white biotechnology market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Novozymes, BASF SE, Evolva Holdings SA, Amyris, Lesaffre, Borregaard, BioAmber
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global white biotechnology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global white biotechnology market

Detailed Segmentation-

• By Product Type
• Biochemical
• Biofuel
• Biomaterial
• Bioproduct
• By Application
• Bioenergy
• Food & feed additives
• Pharmaceutical ingredients
• Personal care & household products
• Others
• By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa
• Company Profiles:
• Medtronic
• Novozymes
• BASF SE
• DuPont
• Cargill, Inc.
• Royal DSM N.V.
• Archer Daniels Midland Company
• BioAmber Inc.
• Lesaffre
• Corbion N.V.
• Evonik Industries AG
• Genomatica, Inc.
• Ginkgo Bioworks
• Amyris Inc.
• TerraVia Holdings, Inc
• Metabolic Explorer SA
• Codexis Inc.
• Danisco A/S
• Biocatalysts Ltd.