Global White Biotechnology Market: Opportunities | Market Trends/Key Takeaways | Key Developments

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.

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.

White biotechnology finds application in making gelatin and bone glue. For instance, in December 2018, researchers from Uppsala University, Sweden, reported development of a new class of bioinspired calcium phosphate cementsthat can glue tissues together and bond tissues to metallic and polymeric biomaterials.

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Increasing demand alcohol for hand sanitizers has led companies to halt production of ethanol. For instance, in April 2020, Archer Daniels Midland Company announced to halt ethanol production at the company’s corn dry mill facilities in Cedar Rapids, Iowa, and Columbus, Nebraska and to divert its focus on other products that are in higher demand, such as alcohol for hand sanitizer.

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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