Press release
Biotech Ingredients Market Size to Hit US$ 72.6 Billion by 2027, at a CAGR of 5.16%
Biotech ingredients are made using organisms like algae, yeast, and bacteria that undergo deoxyribonucleic acid (DNA) editing to improve the metabolic process of microbes. These ingredients are cost-effective and generate a low environmental impact than ingredients processed using petrochemicals. At present, the growing consumer awareness about household cleanliness and hygiene is catalyzing the demand for biotech ingredients in household cleaners and disinfectants.
Request for a sample copy of this research report: https://www.imarcgroup.com/biotech-ingredients-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Biotech Ingredients Market Trends:
At present, biotech ingredients are employed in the manufacturing of personal skincare care and cosmetic products like face serums, moisturizers, lotions, perfume, body mists, face wash, cheek tints, face masks, and face gel to regenerate aging tissues and cells. They are also used to discover, develop, and produce components of cosmetic formulations and evaluate the activity of these components on the skin. Along with this, increasing sales of hybrid skincare and cosmetic products on account of expanding purchasing power of the consumer represents one of the major factors bolstering the market growth around the world.
Moreover, key players are introducing biomimetics, 3D bioprinting, and plant tissue culture technologies to develop next-generation personal care and cosmetic products. They are also focusing on recycling, sterilizing, and disposing of the waste produced during the manufacturing process, which helps reduce the carbon footprint of raw materials and favoring the market growth. In addition, they are used in the food and beverage (F&B) industry to enhance the quality, aroma, flavor, texture, shelf life, and nutritional values of various baked goods and alcoholic drinks like bread, muffin, pizza, cookies, wine, beer, and cakes. Along with this, shifting consumer preferences towards ready-to-eat (RTE) food products due to rapid urbanization and busy lifestyles is contributing to the market growth. It can also be attributed to the rising demand for premium alcoholic beverages on account of the emerging trend of socializing and parties among working professionals and young adults.
Apart from this, the escalating demand for biologics and generic drugs due to expanding healthcare costs is driving the need for biotech ingredients in the pharmaceutical industry. The rising prevalence of infectious and chronic disorders among the masses and the growing geriatric population, which is more prone to developing medical conditions, is creating a positive outlook for the market. Extensive investment in research and development (R&D) activities by leading manufacturers to produce better-quality, low-cost APIs that facilitate the treatment of diseases is also expected to drive the market towards growth in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global biotech ingredients market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type and application.
Breakup by Type:
Yeast
Algae
Others
Breakup by Application:
Food and Beverages
Personal Care and Cosmetics
Cleaning Products
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AbbVie Inc.
Advanced Biotech
Amyris Inc.
Becton Dickinson and Company
Bell Flavors & Fragrances Inc.
Bruker Corporation
Evolva AG
Evonik Industries AG
GlaxoSmithKline plc.
International Flavors & Fragrances Inc., Merck KGaA and Sanofi SA.
Explore full report with table of contents: https://www.imarcgroup.com/biotech-ingredients-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Other Trending Reports By IMARC Group
Sodium Sulfur Battery Market: https://www.imarcgroup.com/sodium-sulfur-battery-market
Mesoporous Silica Market: https://www.imarcgroup.com/mesoporous-silica-market
Thermal Paper Market: https://www.imarcgroup.com/thermal-paper-market
China Geopolymer Market: https://www.imarcgroup.com/china-geopolymer-market
Dolomite Mining Market: https://www.imarcgroup.com/dolomite-mining-market
Glass Bonding Adhesives Market: https://www.imarcgroup.com/glass-bonding-adhesives-market
Glycerol Market: https://www.imarcgroup.com/glycerol-market
Squalene Market: https://www.imarcgroup.com/squalene-market
Propylene Oxide Market: https://www.imarcgroup.com/propylene-oxide-market
Unsaturated Polyester Resins Market: https://www.imarcgroup.com/unsaturated-polyester-resins-market
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biotech Ingredients Market Size to Hit US$ 72.6 Billion by 2027, at a CAGR of 5.16% here
News-ID: 2831756 • Views: …
More Releases from IMARC Group
Geo-Textile Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profit …
Setting up a geo-textile manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Geo-Textile Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a geo-textile manufacturing plant, covering…
Cashew Butter Manufacturing Plant Report 2025: Raw Materials, Investment Opportu …
Cashew butter is a creamy spread made by grinding roasted cashew nuts into a smooth paste, often enhanced with a pinch of salt or sweeteners. It is rich in healthy fats, protein, vitamins, and minerals, making it a nutritious alternative to traditional spreads like peanut butter. Cashew butter is widely used as a spread, in smoothies, baked goods, and health-focused recipes, gaining popularity among health-conscious consumers, vegans, and those seeking…
Calcium Chloride Anhydrous Production Cost Report 2025: Plant Setup Economics an …
Setting up a calcium chloride anhydrous production facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Calcium Chloride Anhydrous Production Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
Paper Bag Manufacturing Plant Cost Report 2025: Layout, Machinery, Raw Materials …
Setting up a paper bag manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Paper Bag Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a paper bag…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
