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Increasing Demand For Biofuels Fueling Growth In The White Biotechnology Market: The Driving Engine Behind White Biotechnology Market Evolution in 2025
White Biotechnology Market
White Biotechnology Market Size Growth Forecast: What to Expect by 2025?
In recent times, we've seen a fast-paced expansion in the white biotechnology market. It is projected to escalate from $425.76 billion in 2024 to $468.85 billion in 2025, experiencing a compound annual growth rate (CAGR) of 10.1%. Factors contributing to the growth during the historic period include cost-effectiveness and economic feasibility, decreased dependence on fossil fuels, and consumer demand for sustainable practices. Additionally, investments in research and development and initiatives for a circular economy have also accelerated the growth.
How Will the White Biotechnology Market Size Evolve and Grow by 2029?
Rapid expansion is anticipated in the white biotechnology market size in the coming years. Projected to reach $701.22 billion in 2029, the market will grow at a compound annual growth rate (CAGR) of 10.6%. Factors contributing to this growth during the forecast period include consumers' inclination towards sustainable products, worldwide transition to renewable energy, growth in investment and funding, emphasis on the circular economy and waste minimization. The forecast period will also see key trends such as cost competitiveness, increased consumer awareness and preferences, innovations in products, a shift towards a circular economy, and a decrease in greenhouse gas emissions.
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What Drivers Are Propelling the Growth of White Biotechnology Market Forward?
The growth of the white biotechnology market is anticipated to be driven by the rising demand for biofuels. Biofuels, understood to be a form of renewable energy derived from biological sources, have gained popularity. Biodiesel, biogas, and others that belong to this category are generated from organic remnants and corn-based ethanol. Around the world, there is a growing requirement for biofuels, and white biotechnology is being used to sustainably synthesize these biofuels using living organisms or enzymes derived from renewable sources. For example, a report from the International Energy Agency (IEA), an autonomous intergovernmental organization based in France, released in December 2022, stated that the worldwide production of biodiesel is expected to rise from 45.7 billion liters in 2021 to 47.4 billion liters in 2022. Meanwhile, the production volume of ethanol reached 114 billion liters in 2022. This increase in the demand for biofuels serves as a key factor propelling the growth of the white biotechnology market.
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Which Emerging Trends Are Transforming the White Biotechnology Market in 2025?
Technology-driven enhancements are proving to be a significant trending factor in the white biotechnology market. This sector has been seeing the integration of modern and innovative technological structures like co-polymer and precise platforms. These are reliant on biotechnological applications and help to unearth remarkable products. Key businesses in the white biotechnology market are directing efforts towards such innovations to establish their dominance. For instance, International Flavors & Fragrances Inc., a U.S.-based producer of fragrances, flavors, and cosmetics actives, introduced Designed Enzymatic Biomaterials (DEB) technology in June 2023. This is a Biomaterials technology platform intended for delivering sustainable biopolymers. With this technology, manufacturers can adjust to fluctuating market demands and legislative modifications by replacing traditional, fossil fuel-derived synthetic polymers. By utilizing DEB technology, researchers can incorporate the properties of oil-derived polymers directly into biopolymer materials. This enables them to customize and enhance polysaccharides to give improved performance over a prolonged period in a specified application.
What Are the Key Segments in the White Biotechnology Market?
The white biotechnology market covered in this report is segmented -
1) By Product Type: Biofuels, Biomaterials, Biochemicals, Industrial Enzymes
2) By Application Type: Bioenergy, Food And Feed Additives, Pharmaceutical Ingredients, Personal Care And Household Products, Other Applications
Subsegments:
1) By Biofuels: Ethanol, Biodiesel, Biogas
2) By Biomaterials: Bioplastics, Bio-Based Composites, Bio-based Chemicals
3) By Biochemicals: Organic Acids, Amino Acids, Solvents
4) By Industrial Enzymes: Proteases, Amylases, Lipases
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Who Are the Key Players Shaping the White Biotechnology Market's Competitive Landscape?
Major companies operating in the white biotechnology market are Novozyme A/S., Koninklijke DSM N.V., BASF SE., Du Pont Danisco., Amyris Inc., Henkel AG & Co. KGaA., Kaneka Corporation., Biosphere Corporation., Fujifilm Holdings Corporation., General Electric Company., Bayer AG., Evonik Industries AG., Evolva Holding., EUCODIS Bioscience GmbH., Lonza Group Ltd., Laurus Labs., Borregaard ASA., Codexis Inc., Deinove SA., Fermentalg SA., Gevo Inc., Global Bioenergies SA., Metabolic Explorer SA., Oligomerix Inc., immatics biotechnologies GmbH., Neurimmune Therapeutics AG., AkzoNobel N.V.
What Geographic Markets Are Powering Growth in the White Biotechnology Market?
North America was the largest region in the white biotechnology market in 2024. The regions covered in the white biotechnology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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