Press release
White Biotechnology Market Outlook 2023: Size, Growth, Share, Trends 2032 | Novozyme, Koninklijke DSM N.V., BASF SE, Henkel AG, Du Pont Danisco
White Biotechnology Market
White Biotechnology Market Size, Growth Rate, And Forecast
The global white biotechnology market size is expected to grow from $347.59 billion in 2022 to $385.13 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The white biotechnology market size is expected to grow to $555.54 billion in 2027 at a CAGR of 9.5%.
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White Biotechnology Market Drivers
Increasing demand for biofuels is expected to propel the growth of the white biotechnology market going forward. Biofuels refer to a type of renewable energy made from biological sources. The most popular biofuels, such as biodiesel, biogas, and others, are produced from organic by-products and corn-based ethanol.
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White Biotechnology Market Segments
• By Product Type: Biofuels, Biomaterials, Biochemicals, Industrial Enzymes
• By Application Type: Bioenergy, Food and feed additives, Pharmaceutical ingredients, Personal care and household products, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the White Biotechnology market.
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White Biotechnology Market Key Players
Major competitors in the white biotechnology market include Novozyme, Koninklijke DSM N.V., BASF SE, Henkel AG, Du Pont Danisco, Amyris, Henkel AG & Co. KGaA.
The Business Research Company's "Global White Biotechnology Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The White Biotechnology Market Include:
1. Executive Summary
2. White Biotechnology Market Characteristics
3. White Biotechnology Market Trends And Strategies
4. White Biotechnology Market - Macro Economic Scenario
5. White Biotechnology Market Size And Growth
……
26. Africa White Biotechnology Market
27. White Biotechnology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The White Biotechnology Market
29. White Biotechnology Market Future Outlook and Potential Analysis
30. Appendix
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