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White Biotech Market Size, Share, and Industry Report [2031]

White Biotech Market

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Segments - by Type (Biofuels, Biomaterials, Biochemicals, and Industrial Enzymes), Applications (Chemicals, Pharmaceuticals, Food & Beverages, Feed, and Others), and Regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Report Description

White Biotech Market Outlook 2031

The White Biotech Market size was USD 278.4 Billion in 2022 and is likely to reach USD 780.13 Billion by 2031, expanding at a CAGR of 12.13% during 2023–2031. The growth of the market is attributed to rising awareness about the white biotechnology benefits such as low waste generation and reduced manufacturing cost.

White biotechnology is used in industries wherein biocatalyst such as microorganisms and enzymes plays a key role. This biotechnology is solely applied to the industry to replace polluting technologies with clean ones. This technology uses living cells from molds, bacteria, plants, and yeast to synthesize the easily degradable products, which need less energy and produces fewer by-product wastes.

Bacterial enzymes have been used widely in food manufacturing and as an active ingredient in washing powders to reduce the amount of artificial surfactants. Moreover, transgenic Escherichia coli are used to produce human insulin in large-scale fermentation tanks.

White biotechnology has been increasingly utilized chemical, textile, food, packaging and health care industries, providing opportunities for industry players. Policy makers are increasingly showing interest in this nascent technology, as it is helping in creating sustainable products.

White Biotech Market Trends, Drivers, Restraints, and Opportunities:

Increasing demand for energy is the major driver that is contributing to the growth of the global white biotech market.
Ban on the use of conventional plastic is expected to augment the white biotechnology market growth.
Low adoption of bio-based fertilizers and fuels in emerging economies can restrain the market growth.
The outbreak of COVID-19 has negatively impacted the market. However, the market is anticipated to recover soon by end of 2021.
Biosynthesis of nanomaterials by microorganisms and increasing investment in the biofuel industry is expected to propel the market growth.

Scope of The White Biotech Market Report

The report on the global white biotech market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	White Biotech Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Biofuels, Biomaterials, Biochemicals, and Industrial Enzymes) and Applications (Chemicals, Pharmaceuticals, Food & Beverages, Feed, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Archer Daniels Midland Company, BASF SE, Cargill Inc., Corbion N.V., Koninklijke DSM N.V, DuPont, Lesaffre, Novozymes, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation, Hologic Inc., iCAD Inc., InVivo Corporation, McKesson Corporation, Merge Healthcare Incorporated (IBM), Philips Healthcare, Samsung Medison Co. Ltd., Siemens Healthcare, and Toshiba Medical Systems Corporation

White Biotech Market Segment Insights

Biofuel segment to account a major market share

Based on types, the market is divided into biofuels, biomaterials, biochemicals, and industrial enzymes. The biofuels segment is anticipated to account for a key share during the forecast period. Biofuels are used as a gasoline additive to improve the octane rating of a vehicle, which is used to reduce the level of particulates such as hydrocarbon.

However, the biochemicals segment is expected to expand at a healthy CAGR during the forecast period. Ongoing technological advancement in polymer development technology is expected to create lucrative opportunities for the segment.

Pharmaceuticals segment to grow at a rapid pace

Based on applications, the market is divided into chemicals, pharmaceuticals, food and beverages, feed, and others. The pharmaceuticals segment is anticipated to grow at a rapid rate during the forecast period. Rising technology use in the manufacturing of antibodies for cancer treatment is driving the segment growth.

Moreover, enzymes used in this process enable the production of chiral compounds and other intermediates such as active pharmaceutical ingredients (API). However, the food & beverages segment is expected to expand at a healthy CAGR in the projected timeline.

North America to account a large market share

On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to account for a large market share during the forecast period. Increasing number of funds by the government for the R&D activities and rising demand for green products and chemicals from consumers are the key factors that are driving the regional market growth. However, the market in Europe is expected to register a substantial growth rate in the white biotech market.

Segments

The global white biotech market has been segmented on the basis of

Types

Biofuels
Biomaterials
Biochemicals
Industrial Enzymes

Application

Chemicals
Pharmaceuticals
Food & Beverages
Feed
Other Applications

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Archer Daniels Midland Company
BASF SE
Cargill Inc.
Corbion N.V.
Koninklijke DSM N.V
DuPont
Lesaffre
Novozymes
Fujifilm Holdings Corporation
GE Healthcare
Hitachi Medical Corporation
Hologic Inc.
iCAD Inc.
InVivo Corporation
McKesson Corporation
Merge Healthcare Incorporated (IBM)
Philips Healthcare
Samsung Medison Co. Ltd.
Siemens Healthcare
Toshiba Medical Systems Corporation

Competitive Landscape

The major players of the market are Archer Daniels Midland Company, BASF SE, Cargill Inc., Corbion N.V., Koninklijke DSM N.V, DuPont, Lesaffre, Novozymes, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation, Hologic Inc., iCAD Inc., InVivo Corporation, McKesson Corporation, Merge Healthcare Incorporated (IBM), Philips Healthcare, Samsung Medison Co. Ltd., Siemens Healthcare, and Toshiba Medical Systems Corporation.

Companies are focusing on innovation, partnerships, and acquisitions to expand their market share.

White Biotech Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. White Biotech Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. White Biotech Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. White Biotech Market - Supply Chain
  4.5. Global White Biotech Market Forecast
     4.5.1. White Biotech Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. White Biotech Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. White Biotech Market Absolute $ Opportunity
5. Global White Biotech Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. White Biotech Market Size and Volume Forecast by Types
     5.3.1. Biofuels
     5.3.2. Biomaterials
     5.3.3. Biochemicals
     5.3.4. Industrial Enzymes
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global White Biotech Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. White Biotech Market Size and Volume Forecast by Applications
     6.3.1. Chemicals
     6.3.2. Pharmaceuticals
     6.3.3. Food & Beverages
     6.3.4. Feed
     6.3.5. Other Applications
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global White Biotech Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. White Biotech Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global White Biotech Demand Share Forecast, 2019-2026
8. North America White Biotech Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America White Biotech Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America White Biotech Market Size and Volume Forecast by Types
     8.4.1. Biofuels
     8.4.2. Biomaterials
     8.4.3. Biochemicals
     8.4.4. Industrial Enzymes
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America White Biotech Market Size and Volume Forecast by Applications
     8.7.1. Chemicals
     8.7.2. Pharmaceuticals
     8.7.3. Food & Beverages
     8.7.4. Feed
     8.7.5. Other Applications
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America White Biotech Demand Share Forecast, 2019-2026
9. Latin America White Biotech Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America White Biotech Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America White Biotech Market Size and Volume Forecast by Types
     9.4.1. Biofuels
     9.4.2. Biomaterials
     9.4.3. Biochemicals
     9.4.4. Industrial Enzymes
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America White Biotech Market Size and Volume Forecast by Applications
     9.7.1. Chemicals
     9.7.2. Pharmaceuticals
     9.7.3. Food & Beverages
     9.7.4. Feed
     9.7.5. Other Applications
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America White Biotech Demand Share Forecast, 2019-2026
10. Europe White Biotech Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe White Biotech Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe White Biotech Market Size and Volume Forecast by Types
     10.4.1. Biofuels
     10.4.2. Biomaterials
     10.4.3. Biochemicals
     10.4.4. Industrial Enzymes
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe White Biotech Market Size and Volume Forecast by Applications
     10.7.1. Chemicals
     10.7.2. Pharmaceuticals
     10.7.3. Food & Beverages
     10.7.4. Feed
     10.7.5. Other Applications
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe White Biotech Demand Share Forecast, 2019-2026
11. Asia Pacific White Biotech Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific White Biotech Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific White Biotech Market Size and Volume Forecast by Types
     11.4.1. Biofuels
     11.4.2. Biomaterials
     11.4.3. Biochemicals
     11.4.4. Industrial Enzymes
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific White Biotech Market Size and Volume Forecast by Applications
     11.7.1. Chemicals
     11.7.2. Pharmaceuticals
     11.7.3. Food & Beverages
     11.7.4. Feed
     11.7.5. Other Applications
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific White Biotech Demand Share Forecast, 2019-2026
12. Middle East & Africa White Biotech Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa White Biotech Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa White Biotech Market Size and Volume Forecast by Types
     12.4.1. Biofuels
     12.4.2. Biomaterials
     12.4.3. Biochemicals
     12.4.4. Industrial Enzymes
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa White Biotech Market Size and Volume Forecast by Applications
     12.7.1. Chemicals
     12.7.2. Pharmaceuticals
     12.7.3. Food & Beverages
     12.7.4. Feed
     12.7.5. Other Applications
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa White Biotech Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global White Biotech Market: Market Share Analysis
  13.2. White Biotech Distributors and Customers
  13.3. White Biotech Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Archer Daniels Midland Company
     13.4.2. BASF SE
     13.4.3. Cargill Inc.
     13.4.4. Corbion N.V.
     13.4.5. Koninklijke DSM N.V
     13.4.6. DuPont
     13.4.7. Lesaffre
     13.4.8. Novozymes
     13.4.9. Fujifilm Holdings Corporation
     13.4.10. GE Healthcare

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