White Biotechnology Market Current Analysis 2020 | Top Players Archer Daniels Midland Company, BASF SE, Cargill, Inc., Corbion N.V., Koninklijke DSM N.V, DuPont, Lesaffre

White Biotechnology refers to the adoption of biotechnology in developing methods to replace petroleum-based synthetics. Major application of white biotechnology constitutes in the production of biochemical, biofuels, and biomaterials. Butanediol, lactic acid, succinic acid, levulenic acid, and acrylic acid are some of the examples of biochemical. Increasing demand for energy is expected to propel growth of the global white biotechnology market over the forecast period. Moreover, increasing investment in biofuels along with biosynthesis of nanomaterial’s by microorganisms is also expected to aid in growth of the market.

Increasing investment in biofuels is expected to offer lucrative growth opportunities for players in the global white biotechnology market. For instance, in May 2020, the U.S. Department of Agriculture offered a US$ 100 million grant to expand the availability and sale of higher blends of ethanol.

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Moreover, biosynthesis of nanomaterials by microorganisms is also expected to aid in growth of the market. Some bacteria and microalgae can synthetize unique nanostructures that include, bacterial nanocellulose, exopolysaccharides, and bacterial nanowires.

Detailed Segmentation:

Global White Biotechnology Market, By Product Type:
Biochemical
Biofuel
Biomaterial
Bioproduct
Global White Biotechnology Market, By Application:
Food & Feed
Pharmaceuticals
Pulp & Paper
Textile
Energy
Others
Global White Biotechnology Market, By Feedstock Type:
Grains & Starch Crops
Agricultural Residues
Food Waste
Forestry Material
Animal by-product
Energy Crops
Urban & Suburban Waste

Major players in the market are focused on launching new products to expand their product portfolio. For instance, in February 2019, Corbion N.V. launched SENTIALL, a versatile co-polymer platform that delivers specific, high-value functionalities such as adhesion or controlled release in a range of industries and applications.

Major players in the market are also focused on adopting collaboration strategies to expand their product portfolio. For instance, in December 2019, Koninklijke DSM N.V collaborated with Metex Nøøvista, a subsidiary of biological chemistry company Metabolic Explorer, to develop a 100% bio-sourced ingredient for skincare products.

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Major players operating in the global white biotechnology market include, Archer Daniels Midland Company, BASF SE, Cargill, Inc., Corbion N.V., Koninklijke DSM N.V, DuPont, Lesaffre, Novozymes, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation, Hologic, Inc., iCAD, Inc., InVivo Corporation, McKesson Corporation, Merge Healthcare Incorporated (IBM), Philips Healthcare, Samsung Medison Co. Ltd., Siemens Healthcare, and Toshiba Medical Systems Corporation.

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This release was published on openPR.