Blue Biotechnology Market Report: Trends, Forecast and Competitive Analysis to 2030
Blue Biotechnology Trends and Forecast
The future of the global blue biotechnology market looks promising with opportunities in the hospitals, pharmaceutical companies, biotechnology companies, research institutes, and laboratories markets. The global blue biotechnology market is expected to grow with a CAGR of 13.9% from 2024 to 2030. The major drivers for this market are increasing demand in the pharmaceutical and cosmetics sectors and growing R&D expenditures and initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Blue Biotechnology by Segment
The study includes a forecast for the global blue biotechnology by product, application, end use, and region.
Blue Biotechnology Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Enzymes
- Pharma Products
- Bulk Chemicals
- Biopolymers
- Others
Blue Biotechnology Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Bioengineering
- Genomics
- Vaccine Development
- Drug Discovery
- Others
Blue Biotechnology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals
- Pharmaceutical Companies
- Biotechnology Companies
- Research Institutes
- Laboratories
- Others
Blue Biotechnology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Blue Biotechnology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blue biotechnology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blue biotechnology companies profiled in this report include-
- Aker BioMarine
- Marinova
- New England BioLabs
- PML Applications
- Sea Run Holdings
- PICES
- Donald Danforth Plant Science Center
- Shell Marine Products
- Geomarine Biotechnologies
- GlycoMar
Blue Biotechnology Market Insights
Lucintel forecasts that enzymes is expected to witness highest growth over the forecast period.
Within this market, pharmaceutical will remain the largest segment.
North America will remain the largest region over the forecast period due to presence of improved and advanced healthcare and research facilities in the region.
Features of the Global Blue Biotechnology Market
Market Size Estimates: Blue biotechnology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blue biotechnology market size by product, application, end use, and region in terms of value ($B).
Regional Analysis: Blue biotechnology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the blue biotechnology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blue biotechnology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for blue biotechnology market?
Answer: The global blue biotechnology market is expected to grow with a CAGR of 13.9% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the blue biotechnology market?
Answer: The major drivers for this market are increasing demand in the pharmaceutical and cosmetics sectors and growing R&D expenditures and initiatives.
Q3. What are the major segments for blue biotechnology market?
Answer: The future of the blue biotechnology market looks promising with opportunities in the hospitals, pharmaceutical companies, biotechnology companies, research institutes, and laboratories markets.
Q4. Who are the key blue biotechnology market companies?
Answer: Some of the key blue biotechnology companies are as follows:
- Aker BioMarine
- Marinova
- New England BioLabs
- PML Applications
- Sea Run Holdings
- PICES
- Donald Danforth Plant Science Center
- Shell Marine Products
- Geomarine Biotechnologies
- GlycoMar
Q5. Which blue biotechnology market segment will be the largest in future?
Answer: Lucintel forecasts that enzymes is expected to witness highest growth over the forecast period.
Q6. In blue biotechnology market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to presence of improved and advanced healthcare and research facilities in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the blue biotechnology market by product (enzymes, pharma products, bulk chemicals, biopolymers, and others), application (bioengineering, genomics, vaccine development, drug discovery, and others), end use (hospitals, pharmaceutical companies, biotechnology companies, research institutes, laboratories, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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