Global White Biotechnology Industry valued approximately USD 248 billion in 2017 is anticipated to grow with a healthy growth rate of more than 10.20% over the forecast period 2019-2025. The White Biotechnology Industry is continuously growing in the global scenario at significant pace. The vast environment-related benefits linked with the use of white biotechnology products across a number of application areas has led to the increased focus on the field’s development from industries as well as government bodies in the past few years. Most governments have either already allocated or are in the process of allocating substantial budgets for the implementation of white biotechnology technology in the industrial sector. Increasing use in the manufacturing of biofuels such as bioethanol & biodiesel, rising government initiatives to promote white biotechnology and growth in e-commerce industry are the substantial driving factors of the Industry during the forecast period. Moreover, increasing demand from developing economies is the factor that likely to creating lucrative opportunity in the near future. Further, white biotechnology offers several benefits such as it is environment friendliness, it reduced manufacturing costs, it is low wastage generation & raw material consumption, and so on, due to these benefits demand of White Biotechnology is boosting among end-users in all over the world. However, reliability of various industries and consumer preference for traditional foods & fuel are the factor that limiting the Industry growth of White Biotechnology during the forecast period.
The regional analysis of Global White Biotechnology Industry 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 Industry share due to increasing demand for green products & rising research and development activities by government across the region. Further, Europe is estimated to grow as significant rate in the global White Biotechnology Industry over the upcoming years. Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to rising use of biomass and reduced reliance on petroleum imports across the region.
The objective of the study is to define Industry 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 Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
White Biotechnology Industry Share and Size by 2019-2025
White Biotechnology Market Segmentation:
Food and Feed Additives
Personal Care and Household Products
Other Fine Chemicals
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in White Biotechnology Market are as follows:
Angel Yeast Co. Ltd.
Akz - Nobel
Du Pont Danisc -