Biotech Ingredients Market Size, Share, Trends, Industry Analysis Report: By Product, Application, and Region

Description

List of Tables

The global biotech ingredients market size is expected to reach USD 4,904.80 million by 2034, according to a new study by Polaris Market Research. The report "Biotech Ingredients Market Size, Share, Trends, Industry Analysis Report: By Product (Flavors, Fragrances, and Active Cosmetic Ingredients), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The biotech ingredients market refers to the use of biotechnology to produce ingredients such as enzymes, amino acids, vitamins, and plant-based compounds that are utilized across a wide range of industries, including food, cosmetics, and pharmaceuticals. These ingredients are derived from biological sources through innovative processes such as fermentation, plant extraction, and genetic engineering. Increased consumer demand for natural and sustainable solutions, advancements in biotechnology, and the need for improved product quality and functionality boost the biotech ingredients market growth.

The rising demand for clean-label products, which is pushing industries to shift toward more natural and sustainable ingredients, is contributing to the biotech ingredients market expansion. Additionally, biotechnology's role in the development of plant-based alternatives and functional ingredients is gaining prominence, leading to an upsurge in biotech ingredient adoption in sectors such as pharmaceuticals and personal care. This trend is contributing to the market expansion, as consumers increasingly demand products that are free from artificial additives and chemicals.

The increasing focus on personalized nutrition and health is contributing to the demand for biotech-derived ingredients, particularly in the pharmaceutical and food industries. Innovations in biotechnological methods have enhanced the efficacy and specificity of these ingredients, opening up new opportunities in product development. Furthermore, the shift toward more sustainable production processes in response to rising environmental concerns is shaping the future of the biotech ingredients market trends.

The biotech ingredients market continues to evolve; the development of new biotech-based ingredients, alongside growing investments in research and development, creates significant growth opportunities for market players. These dynamics are expected to fuel further market growth, enhance the demand for biotech ingredients, and unlock new possibilities in various applications, resulting in an increasingly robust market landscape.

Biotech Ingredients Market Report Highlights

In terms of product, the active cosmetic ingredients segment accounted for the largest biotech ingredients market share in 2024 due to increasing consumer demand for natural, effective, and bio-based cosmetic formulations.

Based on application, the pharmaceuticals segment is expected to witness significant growth during the forecast period due to rising demand for biotech-derived active ingredients in the production of advanced therapeutics.

In 2024, Europe accounted for the largest share of the global biotech ingredients market revenue due to the region's strong focus on sustainability, clean-label products, and the increasing adoption of biotech-based solutions across industries.

Asia Pacific is expected to witness the highest CAGR during the forecast period due to rapid industrialization, growing consumer demand for biotech-derived products, and increasing investments in biotechnology innovation.

A few of the global key market players are Fermenta Biotech Limited; Titan Biotech; Conagen, Inc.; Advanced Biotech; Bell Flavors & Fragrances, Inc.; Merck KGaA; International Flavors & Fragrances, Inc.; Amyris; dsm-firmenich; Symrise; and Evonik Industries.

Polaris Market Research has segmented the biotech ingredients market report on the basis of product, application, and region:

By Product Outlook (Revenue USD Million 2020-2034)

Flavors
Fragrances
Fine Fragrances
Toiletries
Active Cosmetic Ingredients

By Application Outlook (Revenue USD Million 2020-2034)

Pharmaceuticals
Food and Beverages
Cosmetics
Others

By Regional Outlook (Revenue USD Million 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM5420

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Biotech Ingredients Market Insights

4.1. Biotech Ingredients Market - Market Snapshot
4.2. Biotech Ingredients Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Government Regulatory Support
  - 4.2.1.2. Surging Demand for Biotech APIs in Personalized Medicine
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Costs
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Biotech Ingredients Market Application Trends
4.6. Value Chain Analysis

5. Global Biotech Ingredients Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
5.3. Flavors
- 5.3.1. Global Biotech Ingredients Market, by Flavors, by Region, 2020-2034 (USD Million)
5.4. Fragrances
- 5.4.1. Global Biotech Ingredients Market, by Fragrances, by Region, 2020-2034 (USD Million)
- 5.4.2. Fine Fragrances
  - 5.4.2.1. Global Biotech Ingredients Market, by Fine Fragrances, by Region, 2020-2034 (USD Million)
- 5.4.3. Toiletries
  - 5.4.3.1. Global Biotech Ingredients Market, by Toiletries, by Region, 2020-2034 (USD Million)
5.5. Active Cosmetic Ingredients
- 5.5.1. Global Biotech Ingredients Market, by Active Cosmetic Ingredients, by Region, 2020-2034 (USD Million)

6. Global Biotech Ingredients Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
6.3. Pharmaceuticals
- 6.3.1. Global Biotech Ingredients Market, by Pharmaceuticals, by Region, 2020-2034 (USD Million)
6.4. Food and Beverages
- 6.4.1. Global Biotech Ingredients Market, by Food and Beverages, by Region, 2020-2034 (USD Million)
6.5. Cosmetics
- 6.5.1. Global Biotech Ingredients Market, by Cosmetics, by Region, 2020-2034 (USD Million)
6.6. Others
- 6.6.1. Global Biotech Ingredients Market, by Others, by Region, 2020-2034 (USD Million)

7. Global Biotech Ingredients Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Biotech Ingredients Market Assessment, By Geography, 2020-2034 (USD Million)
7.3. Biotech Ingredients Market - North America
- 7.3.1. North America: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
- 7.3.2. North America: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.3.3. Biotech Ingredients Market - U.S.
  - 7.3.3.1. U.S.: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.3.3.2. U.S.: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.3.4. Biotech Ingredients Market - Canada
  - 7.3.4.1. Canada: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.3.4.2. Canada: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
7.4. Biotech Ingredients Market - Europe
- 7.4.1. Europe: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
- 7.4.2. Europe: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.3. Biotech Ingredients Market - UK
  - 7.4.3.1. UK: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.3.2. UK: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.4. Biotech Ingredients Market - France
  - 7.4.4.1. France: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.4.2. France: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.5. Biotech Ingredients Market - Germany
  - 7.4.5.1. Germany: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.5.2. Germany: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.6. Biotech Ingredients Market - Italy
  - 7.4.6.1. Italy: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.6.2. Italy: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.7. Biotech Ingredients Market - Spain
  - 7.4.7.1. Spain: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.7.2. Spain: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.8. Biotech Ingredients Market - Netherlands
  - 7.4.8.1. Netherlands: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.8.2. Netherlands: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.9. Biotech Ingredients Market - Russia
  - 7.4.9.1. Russia: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.9.2. Russia: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.4.10. Biotech Ingredients Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.4.10.2. Rest of Europe: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
7.5. Biotech Ingredients Market - Asia Pacific
- 7.5.1. Asia Pacific: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
- 7.5.2. Asia Pacific: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.3. Biotech Ingredients Market - China
  - 7.5.3.1. China: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.3.2. China: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.4. Biotech Ingredients Market - India
  - 7.5.4.1. India: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.4.2. India: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.5. Biotech Ingredients Market - Malaysia
  - 7.5.5.1. Malaysia: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.5.2. Malaysia: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.6. Biotech Ingredients Market - Japan
  - 7.5.6.1. Japan: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.6.2. Japan: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.7. Biotech Ingredients Market - Indonesia
  - 7.5.7.1. Indonesia: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.7.2. Indonesia: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.8. Biotech Ingredients Market - South Korea
  - 7.5.8.1. South Korea: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.8.2. South Korea: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.9. Biotech Ingredients Market - Australia
  - 7.5.9.1. Australia: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.9.2. Australia: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.5.10. Biotech Ingredients Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.5.10.2. Rest of Asia Pacific: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
7.6. Biotech Ingredients Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
- 7.6.2. Middle East & Africa: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.6.3. Biotech Ingredients Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.6.3.2. Saudi Arabia: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.6.4. Biotech Ingredients Market - UAE
  - 7.6.4.1. UAE: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.6.4.2. UAE: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.6.5. Biotech Ingredients Market - Israel
  - 7.6.5.1. Israel: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.6.5.2. Israel: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.6.6. Biotech Ingredients Market - South Africa
  - 7.6.6.1. South Africa: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.6.6.2. South Africa: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.6.7. Biotech Ingredients Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.6.7.2. Rest of Middle East & Africa: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
7.7. Biotech Ingredients Market - Latin America
- 7.7.1. Latin America: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
- 7.7.2. Latin America: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.7.3. Biotech Ingredients Market - Mexico
  - 7.7.3.1. Mexico: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.7.3.2. Mexico: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.7.4. Biotech Ingredients Market - Brazil
  - 7.7.4.1. Brazil: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.7.4.2. Brazil: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.7.5. Biotech Ingredients Market - Argentina
  - 7.7.5.1. Argentina: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.7.5.2. Argentina: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)
- 7.7.6. Biotech Ingredients Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Biotech Ingredients Market, by Product, 2020-2034 (USD Million)
  - 7.7.6.2. Rest of Latin America: Biotech Ingredients Market, by Application, 2020-2034 (USD Million)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Fermenta Biotech Limited
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Titan Biotech
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Conagen, Inc.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Conagen, Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Advanced Biotech
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Bell Flavors & Fragrances, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Merck KGaA
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. International Flavors & Fragrances, Inc.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Amyris
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. dsm-firmenich
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Symrise
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Evonik Industries
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development