The global white biotechnology market is anticipated to grow at a significant CAGR of 10.1% during the forecast period (2022-2028).White biotechnology also known as industrial biotechnology is the use of microorganisms and their enzymes in the manufacturing of goods. These microorganisms are used in chemicals, plastics, pharmaceuticals, food, and beauty products. The major aim of using White biotechnology is to replace polluting technologies with cleaner ones. The rising consumer demand for green chemicals, and rising demand from various consumer industries, driving the market growth.
A full report of Global White Biotechnology Market is available at:https://orionmarketreports.com/global-white-biotechnology-market/39693/
Metabolite production is done by the use of white biotechnology. They are produced by using Acetone-butanol, Organic acids Alcohol, Antibiotics and Enzymes. Waste treatment is among the major aim of white biotechnology. Microorganisms are widely used to control insect pests, pathogens, and weeds. Biocontrol agents are those biological agents which are used in this process.
The use of white biotechnology in making useful and environment-friendly products is expected to drive the market during the forecast period. For instance, in Sep 2021, Givaudan Active Beauty has come up with Masknyl which is a microbiome-activated product that has been developed using White biotechnology. This product is helpful in skin-related issues. It lets the skin breathe.
Some major players in the market include Kaneka Corp, BASF SE, Henkel AG, and DSM. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2021, CJ Cheiljedang Corp. has announced its expansion into white biotechnology ventures. For this, the company has signed amemorandum of understanding with HDC Hyundai EP Co.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Application
- By End-User Industry
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-EUCODIS Bioscience GmbH, Koninklijke DSM NV, Kaneka Corp, BASF SE, Henkel AG, DSM., and Others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global White Biotechnology Market Report by Segment
By Application
- Metabolite Production
- Waste Management
- Production Of Biocontrol Agents
- Bio-Based Fuel And Energy
- Recovery Of Metals
By End-User
- Pharmaceutical Industry
- Food Industry
- Others
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