Lucintel’s latest market report analyzed that white biotechnology provides attractive opportunities in bioenergy, food & feed additive, pharmaceutical ingredient, and personal care & household product applications. The white biotechnology market is expected to grow at a CAGR of 9%-12%. In this market, biofuels are the largest segment by product, whereas bioenergy are largest by application.
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Based on product, the white biotechnology market is segmented into biofuels, biomaterials, biochemical, and industrial enzymes. The biofuels segment accounted for the largest share of the market in 2020 due to growing demand for biodiesel and bioethanol to improve vehicle efficiency.
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The white biotechnology market is marked by the presence of several big and small players. Some of the prominent players offering white biotechnology include Amyris, BioAmber, Borregaard, Codexis, Deinove, Evolva, Fermentalg, Gevo, Global Bioenergies, Metabolic Explorer, Novozymes, and Solazyme.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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