Market Overview:
The global biotech ingredients market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
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 scienti?c research 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 for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type and application.
Breakup by Type:
Breakup by Application:
- Food and Beverages
- Personal Care and Cosmetics
- Cleaning Products
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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:
- How has the global biotech ingredients market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global biotech ingredients market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global biotech ingredients market and who are the key players?
- What is the degree of competition in the industry?
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
8.2 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
8.3 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
8.4 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
8.5 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
List of Figures
Figure 1: Global: Biotech Ingredients Market: Major Drivers and Challenges
Figure 2: Global: Biotech Ingredients Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Biotech Ingredients Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Biotech Ingredients Market: Breakup by Type (in %), 2020
Figure 5: Global: Biotech Ingredients Market: Breakup by Application (in %), 2020
Figure 6: Global: Biotech Ingredients Market: Breakup by Region (in %), 2020
Figure 7: Global: Biotech Ingredients (Yeast) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Biotech Ingredients (Yeast) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Biotech Ingredients (Algae) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Biotech Ingredients (Algae) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Biotech Ingredients (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Biotech Ingredients (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Biotech Ingredients (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Biotech Ingredients (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Biotech Ingredients (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Biotech Ingredients (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Biotech Ingredients (Cleaning Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Biotech Ingredients (Cleaning Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Biotech Ingredients (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Biotech Ingredients (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: North America: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: North America: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: United States: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: United States: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Canada: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Canada: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Asia-Pacific: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Asia-Pacific: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: China: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: China: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Japan: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Japan: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: India: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: India: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: South Korea: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: South Korea: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Australia: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Australia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Indonesia: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Indonesia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Europe: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Europe: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Germany: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Germany: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: France: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: France: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: United Kingdom: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: United Kingdom: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Italy: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Italy: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Spain: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Spain: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Russia: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Russia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Latin America: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Latin America: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Brazil: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Brazil: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Mexico: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Mexico: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Middle East and Africa: Biotech Ingredients Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Middle East and Africa: Biotech Ingredients Market: Breakup by Country (in %), 2020
Figure 69: Middle East and Africa: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: Global: Biotech Ingredients Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Biotech Ingredients Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Biotech Ingredients Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Biotech Ingredients Market: Competitive Structure
Table 6: Global: Biotech Ingredients Market: Key Players