Biotechnology-Based Chemical Market was valued at USD 17.5 Billion in 2022 and is projected to reach USD 37.2 Billion by 2030, growing at a CAGR of 10.1% from 2024 to 2030.
The biotechnology-based chemical market is experiencing rapid growth, driven by the increasing demand for sustainable and eco-friendly alternatives in various industries. The application of biotechnology in chemical production involves the use of biological systems or organisms to produce chemicals, materials, and energy, offering environmentally conscious solutions. Biotechnology-based chemicals are derived from renewable resources, reducing dependence on fossil fuels and minimizing the environmental impact of chemical production. This shift toward biotechnological solutions has gained momentum across a range of industries, from food and beverages to pharmaceuticals, offering innovative ways to meet global demands.
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The market is segmented by various applications, each contributing to its expansion in different ways. Key sectors utilizing biotechnology-based chemicals include food and beverages, agriculture, fuel, energy, animal feed, pharmaceuticals and nutrition, paper and pulp, cosmetics and toiletries, plastics and fibers, and others. Each of these subsegments is driving the growth of biotechnology-based chemicals by providing sustainable alternatives to traditional chemical production, addressing both consumer needs and environmental concerns.
The food and beverage industry is one of the largest consumers of biotechnology-based chemicals, with a wide range of applications ranging from preservatives to flavor enhancers and functional ingredients. Biotechnology enables the production of enzymes, vitamins, and probiotics, improving food quality, safety, and nutritional value. Additionally, biotechnologically derived ingredients, such as organic acids and sugars, are widely used in the production of beverages, enhancing both the taste and the health benefits of products. With consumers becoming increasingly health-conscious, the demand for natural and bio-based ingredients continues to rise, creating significant opportunities for biotechnology-based chemicals in this sector.
Biotechnology also plays a crucial role in food packaging and processing. Biodegradable plastics and sustainable food preservation methods, such as fermentation, offer environmentally friendly alternatives to traditional methods. Biotechnology-based chemicals contribute to extending shelf life, improving food safety, and reducing food waste. As consumer preferences shift toward organic, clean-label products with fewer artificial additives, the food and beverage sector is expected to continue driving innovation in biotechnology applications, fostering sustainable solutions that meet the evolving demands of both producers and consumers.
The agriculture sector is increasingly adopting biotechnology-based chemicals to improve crop yields, enhance soil health, and reduce the reliance on synthetic fertilizers and pesticides. Biotechnological advancements have led to the development of bio-based pesticides, fertilizers, and herbicides, which offer eco-friendly alternatives to traditional chemical inputs. These biotechnology-based solutions help minimize environmental pollution, improve agricultural productivity, and ensure food security. Additionally, biotechnology aids in the development of genetically modified crops that are more resistant to pests, diseases, and extreme weather conditions, further advancing agricultural sustainability.
Moreover, biotechnology is playing a significant role in improving soil health and promoting sustainable farming practices. Microbial inoculants, biofertilizers, and biocontrol agents are increasingly being used to enhance soil fertility and reduce the environmental impact of agricultural chemicals. These products help reduce the need for chemical-based fertilizers, lowering costs for farmers while promoting sustainable land management practices. As the global population continues to grow, the demand for biotechnology-based solutions in agriculture is expected to rise, offering innovative ways to address the challenges of food production and environmental sustainability.
The fuel industry is one of the major drivers of the biotechnology-based chemical market, as biofuels have gained traction as an alternative to fossil fuels. Biotechnology enables the production of bioethanol, biodiesel, and biogas through the fermentation of biomass, offering a renewable and environmentally friendly energy source. Biofuels derived from agricultural residues, algae, and other biomass sources are increasingly being used to reduce greenhouse gas emissions, mitigate climate change, and reduce dependence on fossil fuels. Biotechnology-based fuels are also seen as a solution to energy security, as they can be produced locally, reducing reliance on foreign oil imports.
In addition to biofuels, biotechnology also plays a role in the development of biochemicals used in the production of lubricants, solvents, and other fuel-related products. Biotechnology-based solutions help improve the energy efficiency and performance of these products while reducing their environmental impact. As governments and industries focus on achieving net-zero emissions and promoting sustainable energy solutions, the demand for biotechnology-based fuels and energy products is expected to grow, contributing to a cleaner, more sustainable energy future.
The energy sector is embracing biotechnology-based chemicals as part of its transition toward more sustainable and renewable energy sources. Biotechnological processes, such as anaerobic digestion, microbial fuel cells, and algae-based biofuels, are used to produce renewable energy from organic waste materials. Biotechnology enables the production of bioenergy, which can be used for electricity generation, heating, and transportation, helping to reduce the carbon footprint of energy production. Biotechnological innovations also improve the efficiency of energy storage and conversion processes, further enhancing the potential of biotechnology in the energy sector.
Moreover, biotechnology-based chemicals are being used in energy production processes to reduce emissions and improve efficiency. For example, enzymes and microorganisms are used to enhance the conversion of biomass into bioenergy, optimizing production and minimizing waste. The development of sustainable and renewable energy solutions through biotechnology is expected to play a key role in achieving global energy goals, including reducing reliance on fossil fuels and promoting the use of cleaner, more sustainable energy sources.
The animal feed industry is increasingly adopting biotechnology-based chemicals to improve animal nutrition, health, and productivity. Biotechnology enables the development of bio-based additives, such as enzymes, probiotics, and amino acids, which enhance the digestibility and nutritional value of animal feed. These biotechnology-based solutions help optimize feed conversion rates, reduce waste, and improve the overall health and performance of livestock. Additionally, biotechnology-based ingredients, such as plant-based proteins, offer sustainable alternatives to traditional animal-derived ingredients, contributing to the growth of more sustainable and ethical animal farming practices.
Furthermore, biotechnology is being used to develop feed ingredients that promote animal welfare and disease resistance. For example, genetic engineering techniques are used to create livestock that are more resistant to diseases, reducing the need for antibiotics and other chemical treatments. As demand for sustainable and ethical food production continues to rise, biotechnology-based solutions in the animal feed industry are expected to play a significant role in meeting these demands, offering more efficient and environmentally friendly ways to produce high-quality animal feed.
Biotechnology-based chemicals have a crucial role in the pharmaceutical and nutrition sectors, where they are used to produce a wide range of products, including medicines, supplements, and vaccines. Biotechnology enables the development of biologics, such as monoclonal antibodies, insulin, and growth hormones, which are used to treat a variety of medical conditions. Additionally, biotechnology is being used to create personalized medicine and targeted therapies, improving patient outcomes and minimizing side effects. The increasing demand for biologics and innovative drug delivery systems is driving the growth of biotechnology-based chemicals in the pharmaceutical sector.
In the nutrition sector, biotechnology-based chemicals are used to develop functional foods, dietary supplements, and nutraceuticals. Probiotics, prebiotics, and bioactive compounds derived through biotechnological processes are increasingly being incorporated into food products to support health and wellness. Biotechnology also enables the production of vitamins and amino acids, which are essential for human nutrition. As consumers become more health-conscious and demand for personalized nutrition grows, the biotechnology-based chemicals market in pharmaceuticals and nutrition is expected to continue to expand, offering innovative solutions for disease prevention, health management, and wellness.
The paper and pulp industry is increasingly adopting biotechnology-based chemicals to improve production processes, reduce environmental impact, and enhance product quality. Biotechnology enables the use of enzymes and biocatalysts in the pulping process, reducing the need for harmful chemicals such as chlorine and improving the efficiency of fiber processing. Additionally, biotechnology is being used to develop bio-based coatings, inks, and adhesives for paper products, offering more sustainable alternatives to traditional synthetic chemicals. These innovations help reduce the environmental footprint of the paper and pulp industry, contributing to the circular economy and the growing demand for eco-friendly products.
Furthermore, biotechnology-based chemicals are being used to improve paper recycling processes, increasing the efficiency of waste paper recovery and reducing the consumption of virgin materials. The use of biotechnological solutions in paper and pulp production is also helping to reduce water usage and energy consumption, further enhancing the industry's sustainability. As the global demand for sustainable products continues to grow, the biotechnology-based chemicals market in the paper and pulp sector is expected to expand, offering innovative solutions that meet both environmental and consumer demands.
The cosmetics and toiletries industry is increasingly utilizing biotechnology-based chemicals to develop innovative products that are both effective and sustainable. Biotechnology enables the production of bioactive ingredients, such as antioxidants, peptides, and vitamins, which are used in skincare, haircare, and personal care products. These biotechnology-derived ingredients offer natural, safe, and effective alternatives to traditional synthetic chemicals, aligning with the growing consumer demand for clean, green, and cruelty-free products. Biotechnology is also playing a key role in the development of sustainable packaging materials, further enhancing the industry's commitment to environmental responsibility.
In addition to product formulation, biotechnology is being used to improve the manufacturing processes of cosmetics and toiletries, reducing the need for harmful chemicals and minimizing waste. Biotechnological innovations in this sector also contribute to the development of eco-friendly preservatives and natural fragrances, further advancing the trend toward sustainable beauty products. As consumer preferences shift toward more sustainable and ethically produced products, biotechnology-based chemicals are expected to continue to play a significant role in shaping the future of the cosmetics and toiletries industry.
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Queenslands world-class agriculture industry
Sarnia-Lambton Research
UK and Norway business funding agencies
Technology Strategy Board (TSB)
Innovation Norway
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biotechnology-Based Chemical Market
Food and beverages
Agriculture
Fuel
Energy
Animal feed
Pharmaceuticals and nutrition
Paper and pulp
Cosmetics and toiletries
Plastics and fibres
Others
Based on Types the Market is categorized into Below types that held the largest Biotechnology-Based Chemical market share In 2023.
Bio-pharma
Agri-biotech
Bio-informatics and
Bio-services
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Biotechnology-Based Chemical Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Biotechnology-Based Chemical Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biotechnology-Based Chemical Market, By Type
6. Global Biotechnology-Based Chemical Market, By Application
7. Global Biotechnology-Based Chemical Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Biotechnology-Based Chemical Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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