Navigating the Future: Biotech Ingredient Market Trends and Forecast Insights, 2025 Edition

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Biotech Ingredient Market Size Growth Forecast: What to Expect by 2025?
In recent years, a robust growth has been observed in the biotech ingredient market. Anticipated to increase from $59.9 billion in 2024 to $63.86 billion in 2025, the market's compound annual growth rate (CAGR) is predicted at 6.6%. This growth trend in the past can be attributed to innovative developments in the food and drink industry, increased popularity of biofuels, rising consumer demand for functional foods, and technological advancements in genetic engineering.

How Will the Biotech Ingredient Market Size Evolve and Grow by 2029?
Expectations are high for robust expansion of the biotech ingredient market in the upcoming years. By 2029, its size is predicted to reach $83.5 billion, with a compound annual growth rate (CAGR) of 6.9%. Driving this forecasted growth are trends such as a greater focus on personalized nutrition, an increase in cell-based meat production, advancements in therapeutic biotech ingredients, utilization of bio ingredients for waste reduction, and a shift towards bioplastics. Over this forecast period, primary trends include biotech-fuelled functional foods, biotech solutions facilitating circular economy practices, therapeutic biotech ingredients, biotech components for clean energy production, and a worldwide focus on biodiversity conservation.

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What Drivers Are Propelling the Growth of Biotech Ingredient Market Forward?
The biotech ingredient market's growth is anticipated to be fuelled by the increasing popularity of generic medicines. These refer to drugs crafted to mirror the properties of an already approved medicine. Biotech ingredients have prevalent usage in general medicine, given they are the primary source for procuring a gamut of active ingredients in a more cost-effective and efficient manner. These ingredients are almost identical to the original product and are usually regulated by a more extensive set of rules. To exemplify, the Personalized Medicine Coalition, a professional membership organization based in the US, reported that the approval of 12 new personalized medicines accounted for roughly 34% of all newly approved therapies in 2022. This marked a substantial rise compared to the preceding years. Consequently, the burgeoning demand for generic medicines is triggering the growth of the biotech ingredient market.

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Which Emerging Trends Are Transforming the Biotech Ingredient Market in 2025?
The rapid progress in technology is establishing itself as the primary trend gaining traction in the biotech ingredient market. Major corporations in the biotech ingredient industry are leveraging new technologies to create innovative products and solidify their market standing. For example, in March 2023, International Flavors & Fragrances Inc., an American firm specializing in fragrance, biotech solutions, cosmetic energetics, and organic health ingredients, unveiled Aurist AGC, a unique biopolymer for hair care. This demonstrates the potential of the new DEB platform, which applies IFF's extensive biotechnology functionality to deliver high-performance glamour solutions that are sustainable and could genuinely bring about change in the cosmeceutical industry. The ingredient is made using IFF's proprietary Designed Enzymatic Biopolymers (DEB) technology, an advanced biotechnology enabling the production of uniquely structured and feature-rich biobased polysaccharides.

What Are the Key Segments in the Biotech Ingredient Market?
The biotech ingredient market covered in this report is segmented -

1) By Type: Active Pharmaceutical Ingredients, Biosimilars
2) By Expression Systems: Mammalian Expression Systems, Microbial Expression Systems, Yeast Expression Systems, Plant Expression Systems, Insect Expression Systems
3) By Application: Food And Beverages, Personal Care And Cosmetics, Cleaning Products, Other Applications

Subsegments:
1) By Active Pharmaceutical Ingredients (APIs): Biologic APIs, Synthetic APIs
2) By Biosimilars: Monoclonal Antibodies, Recombinant Proteins, Insulin Biosimilars

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Who Are the Key Players Shaping the Biotech Ingredient Market's Competitive Landscape?
Major companies operating in the biotech ingredient market include Merck & Co. Inc., Sanofi S.A., AbbVie Inc., International Flavors & Fragrance (IFF) Inc., Novartis AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Mylan Inc., Boehringer Ingelheim International GmbH., AstraZeneca plc., Givaudan, Firmenich SA, Amyris Inc., Advanced BioTech, Sollice Biotech, Novocap S.A., Eli Lilly, Bristol-Myers Squibb Company, GlaxoSmithKline plc., F. Hoffmann-La Roche AG, Biogen Inc., Amgen Inc., Johnson & Johnson, Genentech Inc., Regeneron Pharmaceuticals Inc., Vertex Pharmaceuticals Incorporated, Alexion Pharmaceuticals Inc., Celgene Corporation, Gilead Sciences Inc., BioMarin Pharmaceutical Inc., Incyte Corporation, Seattle Genetics Inc., Alnylam Pharmaceuticals Inc., Ionis Pharmaceuticals Inc., Moderna Inc., Editas Medicine Inc., Intellia Therapeutics Inc., Sangamo Therapeutics Inc., Bluebird Bio Inc., Spark Therapeutics Inc.

What Geographic Markets Are Powering Growth in the Biotech Ingredient Market?
Europe was the largest region in the biotech ingredient market in 2024. Asia-Pacific is expected to be the fastest-growing region in the biotech ingredients market report during the forecast period. The regions covered in the biotech ingredient market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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