Biotechnology Based Chemicals Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Biotechnology based chemicals are manufactured by applying several techniques such as fermentation. Biotechnology based chemicals contains lactic acid, citric acid, polyhydroxyalkanoates, lysine, glutamic acid and threonine. Biotechnology based chemicals are used in various industries such as pharmaceuticals, food, animal feed and consumer goods among others. Currently, more than 13.3 million farmers are exploiting biotechnology-based chemicals to enhance the crops yield, to protect crops from insects, and to decrease the harmful impact on environment.
MARKET DYNAMICS
Pharmaceutical industry is the major end user industry that highly consumes biotechnology based chemicals. The rising demand for natural medicines when compared to synthetic chemicals is anticipated to amplify the overall demand for biotechnology based chemicals. Also, rising awareness of the various side effects associated with the chemical drugs is projected to augment the biotechnology based chemicals market. The animal feed industry is another major consumers of biotechnology based chemicals. The escalating demand for lysine in animal feed is considered to boost the demand for biotechnology chemicals.
MARKET SCOPE
The "Global Biotechnology Based Chemicals Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biotechnology based chemicals market with detailed market segmentation by application and end users and geography. The global biotechnology based chemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biotechnology based chemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biotechnology based chemicals market is segmented on the basis of application and end-users. On the basis of end users, market is segmented into bio-pharma, agri-biotech, bio-informatics, and others. On the basis of application, market is segmented into food and beverages, agriculture, fuel, energy, animal feed, pharmaceuticals and nutrition, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global biotechnology based chemicals market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The biotechnology based chemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biotechnology based chemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the biotechnology based chemicals market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global biotechnology based chemicals market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The biotechnology based chemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biotechnology based chemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the biotechnology based chemicals market in these regions.
MARKET PLAYERS
The reports cover key developments in the biotechnology based chemicals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from biotechnology based chemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the biotechnology based chemicals market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biotechnology based chemicals market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADM
- AGAE Technologies, LLC
- BASF SE
- BioAmber Inc.
- Cargill, Incorporated
- DSM
- Futerro SA
- GFBiochemicals Ltd
- Toray Industries Inc
- Vertec BioSolvents
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Biotechnology Based Chemicals Market - By End Users
1.3.2 Biotechnology Based Chemicals Market - By Application
1.3.3 Biotechnology Based Chemicals Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BIOTECHNOLOGY BASED CHEMICALS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BIOTECHNOLOGY BASED CHEMICALS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BIOTECHNOLOGY BASED CHEMICALS MARKET - GLOBAL MARKET ANALYSIS
6.1. BIOTECHNOLOGY BASED CHEMICALS - GLOBAL MARKET OVERVIEW
6.2. BIOTECHNOLOGY BASED CHEMICALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BIOTECHNOLOGY BASED CHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
7.1. OVERVIEW
7.2. END USERS MARKET FORECASTS AND ANALYSIS
7.3. BIO-PHARMA
7.3.1. Overview
7.3.2. Bio-Pharma Market Forecast and Analysis
7.4. AGRI-BIOTECH
7.4.1. Overview
7.4.2. Agri-Biotech Market Forecast and Analysis
7.5. BIO-INFORMATICS
7.5.1. Overview
7.5.2. Bio-Informatics Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. BIOTECHNOLOGY BASED CHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. AGRICULTURE
8.4.1. Overview
8.4.2. Agriculture Market Forecast and Analysis
8.5. FUEL
8.5.1. Overview
8.5.2. Fuel Market Forecast and Analysis
8.6. ENERGY
8.6.1. Overview
8.6.2. Energy Market Forecast and Analysis
8.7. ANIMAL FEED
8.7.1. Overview
8.7.2. Animal Feed Market Forecast and Analysis
8.8. PHARMACEUTICALS AND NUTRITION
8.8.1. Overview
8.8.2. Pharmaceuticals and Nutrition Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. BIOTECHNOLOGY BASED CHEMICALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Biotechnology Based Chemicals Market Overview
9.1.2 North America Biotechnology Based Chemicals Market Forecasts and Analysis
9.1.3 North America Biotechnology Based Chemicals Market Forecasts and Analysis - By End Users
9.1.4 North America Biotechnology Based Chemicals Market Forecasts and Analysis - By Application
9.1.5 North America Biotechnology Based Chemicals Market Forecasts and Analysis - By Countries
9.1.5.1 United States Biotechnology Based Chemicals Market
9.1.5.1.1 United States Biotechnology Based Chemicals Market by End Users
9.1.5.1.2 United States Biotechnology Based Chemicals Market by Application
9.1.5.2 Canada Biotechnology Based Chemicals Market
9.1.5.2.1 Canada Biotechnology Based Chemicals Market by End Users
9.1.5.2.2 Canada Biotechnology Based Chemicals Market by Application
9.1.5.3 Mexico Biotechnology Based Chemicals Market
9.1.5.3.1 Mexico Biotechnology Based Chemicals Market by End Users
9.1.5.3.2 Mexico Biotechnology Based Chemicals Market by Application
9.2. EUROPE
9.2.1 Europe Biotechnology Based Chemicals Market Overview
9.2.2 Europe Biotechnology Based Chemicals Market Forecasts and Analysis
9.2.3 Europe Biotechnology Based Chemicals Market Forecasts and Analysis - By End Users
9.2.4 Europe Biotechnology Based Chemicals Market Forecasts and Analysis - By Application
9.2.5 Europe Biotechnology Based Chemicals Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Biotechnology Based Chemicals Market
9.2.5.1.1 Germany Biotechnology Based Chemicals Market by End Users
9.2.5.1.2 Germany Biotechnology Based Chemicals Market by Application
9.2.5.2 France Biotechnology Based Chemicals Market
9.2.5.2.1 France Biotechnology Based Chemicals Market by End Users
9.2.5.2.2 France Biotechnology Based Chemicals Market by Application
9.2.5.3 Italy Biotechnology Based Chemicals Market
9.2.5.3.1 Italy Biotechnology Based Chemicals Market by End Users
9.2.5.3.2 Italy Biotechnology Based Chemicals Market by Application
9.2.5.4 United Kingdom Biotechnology Based Chemicals Market
9.2.5.4.1 United Kingdom Biotechnology Based Chemicals Market by End Users
9.2.5.4.2 United Kingdom Biotechnology Based Chemicals Market by Application
9.2.5.5 Russia Biotechnology Based Chemicals Market
9.2.5.5.1 Russia Biotechnology Based Chemicals Market by End Users
9.2.5.5.2 Russia Biotechnology Based Chemicals Market by Application
9.2.5.6 Rest of Europe Biotechnology Based Chemicals Market
9.2.5.6.1 Rest of Europe Biotechnology Based Chemicals Market by End Users
9.2.5.6.2 Rest of Europe Biotechnology Based Chemicals Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Biotechnology Based Chemicals Market Overview
9.3.2 Asia-Pacific Biotechnology Based Chemicals Market Forecasts and Analysis
9.3.3 Asia-Pacific Biotechnology Based Chemicals Market Forecasts and Analysis - By End Users
9.3.4 Asia-Pacific Biotechnology Based Chemicals Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Biotechnology Based Chemicals Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Biotechnology Based Chemicals Market
9.3.5.1.1 Australia Biotechnology Based Chemicals Market by End Users
9.3.5.1.2 Australia Biotechnology Based Chemicals Market by Application
9.3.5.2 China Biotechnology Based Chemicals Market
9.3.5.2.1 China Biotechnology Based Chemicals Market by End Users
9.3.5.2.2 China Biotechnology Based Chemicals Market by Application
9.3.5.3 India Biotechnology Based Chemicals Market
9.3.5.3.1 India Biotechnology Based Chemicals Market by End Users
9.3.5.3.2 India Biotechnology Based Chemicals Market by Application
9.3.5.4 Japan Biotechnology Based Chemicals Market
9.3.5.4.1 Japan Biotechnology Based Chemicals Market by End Users
9.3.5.4.2 Japan Biotechnology Based Chemicals Market by Application
9.3.5.5 South Korea Biotechnology Based Chemicals Market
9.3.5.5.1 South Korea Biotechnology Based Chemicals Market by End Users
9.3.5.5.2 South Korea Biotechnology Based Chemicals Market by Application
9.3.5.6 Rest of Asia-Pacific Biotechnology Based Chemicals Market
9.3.5.6.1 Rest of Asia-Pacific Biotechnology Based Chemicals Market by End Users
9.3.5.6.2 Rest of Asia-Pacific Biotechnology Based Chemicals Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Biotechnology Based Chemicals Market Overview
9.4.2 Middle East and Africa Biotechnology Based Chemicals Market Forecasts and Analysis
9.4.3 Middle East and Africa Biotechnology Based Chemicals Market Forecasts and Analysis - By End Users
9.4.4 Middle East and Africa Biotechnology Based Chemicals Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Biotechnology Based Chemicals Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Biotechnology Based Chemicals Market
9.4.5.1.1 South Africa Biotechnology Based Chemicals Market by End Users
9.4.5.1.2 South Africa Biotechnology Based Chemicals Market by Application
9.4.5.2 Saudi Arabia Biotechnology Based Chemicals Market
9.4.5.2.1 Saudi Arabia Biotechnology Based Chemicals Market by End Users
9.4.5.2.2 Saudi Arabia Biotechnology Based Chemicals Market by Application
9.4.5.3 U.A.E Biotechnology Based Chemicals Market
9.4.5.3.1 U.A.E Biotechnology Based Chemicals Market by End Users
9.4.5.3.2 U.A.E Biotechnology Based Chemicals Market by Application
9.4.5.4 Rest of Middle East and Africa Biotechnology Based Chemicals Market
9.4.5.4.1 Rest of Middle East and Africa Biotechnology Based Chemicals Market by End Users
9.4.5.4.2 Rest of Middle East and Africa Biotechnology Based Chemicals Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Biotechnology Based Chemicals Market Overview
9.5.2 South and Central America Biotechnology Based Chemicals Market Forecasts and Analysis
9.5.3 South and Central America Biotechnology Based Chemicals Market Forecasts and Analysis - By End Users
9.5.4 South and Central America Biotechnology Based Chemicals Market Forecasts and Analysis - By Application
9.5.5 South and Central America Biotechnology Based Chemicals Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Biotechnology Based Chemicals Market
9.5.5.1.1 Brazil Biotechnology Based Chemicals Market by End Users
9.5.5.1.2 Brazil Biotechnology Based Chemicals Market by Application
9.5.5.2 Argentina Biotechnology Based Chemicals Market
9.5.5.2.1 Argentina Biotechnology Based Chemicals Market by End Users
9.5.5.2.2 Argentina Biotechnology Based Chemicals Market by Application
9.5.5.3 Rest of South and Central America Biotechnology Based Chemicals Market
9.5.5.3.1 Rest of South and Central America Biotechnology Based Chemicals Market by End Users
9.5.5.3.2 Rest of South and Central America Biotechnology Based Chemicals Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BIOTECHNOLOGY BASED CHEMICALS MARKET, KEY COMPANY PROFILES
11.1. ADM
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AGAE TECHNOLOGIES, LLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BASF SE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BIOAMBER INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CARGILL, INCORPORATED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. DSM
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. FUTERRO SA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. GFBIOCHEMICALS LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TORAY INDUSTRIES INC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VERTEC BIOSOLVENTS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ADM
2. AGAE Technologies, LLC
3. BASF SE
4. BioAmber Inc.
5. Cargill, Incorporated
6. DSM
7. Futerro SA
8. GFBiochemicals Ltd
9. Toray Industries Inc
10. Vertec BioSolvents
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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