Marine Biotechnology Market Future Forecast 2018-2026 by Leading Companies such as BASF, Abbott Laboratories, Lonza Group, Nofima, Aker Biomarine, Cyanotech Corporation, New England Biolabs, GlycoMar, Pharmamara, Nutrex Hawaii Incorporated, Marinova, Fmc
According to Publisher, the Global Marine Biotechnology Market is accounted for $3.93 billion in 2017 and is expected to reach $8.74 billion by 2026 growing at a CAGR of 9.3% during the forecast period. Some of the important factors driving the market growth are current applications of marine derived enzymes in cosmetics, use of micro algae and marine algae in bio-field products. However, Lower R&D investment in the field is hampering the growth of the market. Some of the key opportunities is the Marine biotechnological advancements has been resulted successful in diverse fields with increasing investments from venture capitalists.
Marine biotechnology is a pioneering field of in recent science and technology that customs various marine bio resources for a huge number of uses, including the production of food, fuel, often bioactive, compounds and possibly will contribute to prosperous communities, green growth and sustainable industries. Even though marine biotechnology is in an emerging stage, it has unexploited potential and accomplished capability growth prospect for future.
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Some of the key players in the market include Basf Se, Abbott Laboratories, Lonza Group Ltd., Inc., Nofima, Aker Biomarine, Cyanotech Corporation, New England Biolabs, Inc., GlycoMar, Pharmamara., Nutrex Hawaii Incorporated, Prolume Ltd, Marinova, Qingdao Codo International Ltd, Phyco Biotech Sas, Biolume Inc., Biotech Marine (Subsidiary Of Air Liquid Group), Cp Kelco, Aquapharm and Fmc Geomarine Biotech.
By geography, Europe is anticipated to be one of the leading regions contributing to the global market during the forecast period. With Europe getting better from the economic crisis, the region has been making stable investments in marine biotechnology and is also witnessing the appearance of several small and micro and medium sized enterprise that are making major assistance to the R&D and opening of novel marine-based products. In additionally, the European Union research policy supports a number of collaborative projects in marine biotechnology.
This report also splits the market by region: North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America, Brazil, Rest of South America, Middle East & Africa, GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa.
Custom Research: Publisher offers custom research services across sectors. In the case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at www.reportsweb.com/inquiry&RW00012320528/buying
By applications, Marine Natural Products for Medicine segment is held significant growth during the forecast period due to rising investment by key players and other factors like healthy and dietary supplements because they are rich in amino acids, proteins, vitamins, and minerals etc. Since the marine environment is the mainly biologically and chemically diverse habitat on the planet, marine biotechnology has, in recent years delivered an increasing number of most important therapeutic products, industrial and environmental applications and analytical tools.
-Corals and Sponges
-Marine Animal Technology
-Marine Plant Technology
-Enrichment, Isolation and Cultivation of Microorganisms
-Large scale implementation
-Marine Natural Products For Medicine
-Food & feed
-Energy and environment management products
-Energy & Infrastructure
What our report offers:
-Market share assessments for the regional and country level segments
-Market share analysis of the top industry players
-Strategic recommendations for the new entrants
-Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
-Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
-Strategic recommendations in key business segments based on the market estimations
-Competitive landscaping mapping the key common trends
-Company profiling with detailed strategies, financials, and recent developments
-Supply chain trends mapping the latest technological advancements
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Name: Sameer Joshi
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