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PUBLISHER: IMARC | PRODUCT CODE: 1541746
PUBLISHER: IMARC | PRODUCT CODE: 1541746
Biotech Ingredients Market Report by Type (Yeast, Algae, and Others), Application (Food and Beverages, Personal Care and Cosmetics, Cleaning Products, and Others), and Region 2024-2032
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PAGES: 147 Pages
DELIVERY TIME: 2-3 business days
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The global biotech ingredients market size reached US$ 59.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 89.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
Biotech ingredients are prepared using organisms like algae, yeast or bacteria that undergo deoxyribonucleic acid (DNA) editing to enhance the metabolic process of microbes. They are cost-effective and generate a low environmental impact than ingredients processed using petrochemicals. They act as a sustainable alternative to formulate plant-based extracts, which can counteract oxidative damages and slow down the aging process. Consequently, cosmetics companies worldwide are extensively using biotech ingredients to develop and evaluate the activity of natural active components on the skin.
Biotech Ingredients Market Trends:
A considerable shift in consumer preferences towards safe, potent, advanced and ef cacious cosmetics solutions represents one of the key factors encouraging the adoption of biotech ingredients to produce new cosmetic formulas, ranging from hyaluronic acid to collagen. Additionally, the escalating demand for organic and sustainable products is promoting the utilization of biotech ingredients in hybrid skincare products. The leading market players are also investing in research and development (R&D) to introduce innovative products. For instance, they are focusing on biomimetics, 3D bioprinting and plant tissue culture technologies to develop next-generation beauty products. In line with this, they are recycling, sterilizing and disposing of the waste generated during the production process, which helps in reducing the carbon footprint of raw materials. Apart from this, biotech ingredients are gaining traction in the food and beverage (F&B) industry for adding flavors and improving enzymes and emulsifiers applications. Furthermore, the usage of these ingredients is anticipated to rise in the pharmaceutical industry to formulate active ingredients from natural sources.
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 at the global, regional and country level from 2024-2032. 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
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 industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
- 1. What was the size of the global biotech ingredients market in 2023?
- 2. What is the expected growth rate of the global biotech ingredients market during 2024-2032?
- 3. What are the key factors driving the global biotech ingredients market?
- 4. What has been the impact of COVID-19 on the global biotech ingredients market?
- 5. What is the breakup of the global biotech ingredients market based on the type?
- 6. What is the breakup of the global biotech ingredients market based on the application?
- 7. What are the key regions in the global biotech ingredients market?
- 8. Who are the key players/companies in the global biotech ingredients market?
Product Code: SR112024A3867
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Biotech Ingredients Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Yeast
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Algae
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Food and Beverages
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Personal Care and Cosmetics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Cleaning Products
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 AbbVie Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Advanced Biotech
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Amyris Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 Becton Dickinson and Company
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Bell Flavors & Fragrances Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Bruker Corporation
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Evolva AG
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Evonik Industries AG
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 GlaxoSmithKline plc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.10 International Flavors & Fragrances Inc.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Merck KGaA
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.12 Sanofi SA
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.1 AbbVie Inc.
Product Code: SR112024A3867
List of Figures
- Figure 1: Global: Biotech Ingredients Market: Major Drivers and Challenges
- Figure 2: Global: Biotech Ingredients Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Biotech Ingredients Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Biotech Ingredients Market: Breakup by Type (in %), 2023
- Figure 5: Global: Biotech Ingredients Market: Breakup by Application (in %), 2023
- Figure 6: Global: Biotech Ingredients Market: Breakup by Region (in %), 2023
- Figure 7: Global: Biotech Ingredients (Yeast) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Biotech Ingredients (Yeast) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Biotech Ingredients (Algae) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Biotech Ingredients (Algae) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Biotech Ingredients (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Biotech Ingredients (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Biotech Ingredients (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Biotech Ingredients (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Biotech Ingredients (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Biotech Ingredients (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Biotech Ingredients (Cleaning Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Biotech Ingredients (Cleaning Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Biotech Ingredients (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Biotech Ingredients (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: North America: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: North America: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: United States: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: United States: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Canada: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Canada: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Asia-Pacific: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Asia-Pacific: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: China: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: China: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Japan: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Japan: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: India: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: India: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: South Korea: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: South Korea: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Australia: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Australia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Indonesia: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Indonesia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Europe: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Europe: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Germany: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Germany: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: France: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: France: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: United Kingdom: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: United Kingdom: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Italy: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Italy: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Spain: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Spain: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Russia: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Russia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Latin America: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Latin America: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Brazil: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Brazil: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Mexico: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Mexico: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Middle East and Africa: Biotech Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Middle East and Africa: Biotech Ingredients Market: Breakup by Country (in %), 2023
- Figure 69: Middle East and Africa: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Global: Biotech Ingredients Industry: SWOT Analysis
- Figure 71: Global: Biotech Ingredients Industry: Value Chain Analysis
- Figure 72: Global: Biotech Ingredients Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Biotech Ingredients Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Biotech Ingredients Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Biotech Ingredients Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Biotech Ingredients Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Biotech Ingredients Market: Competitive Structure
- Table 6: Global: Biotech Ingredients Market: Key Players
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