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Biotech Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global biotech ingredients market reached a value of US$ 53.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 72.6 Billion by 2027, exhibiting a CAGR of 5.16% during 2022-2027. 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 research and development (R&D) 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 and regional level from 2022-2027. Our report has categorized the market based on type and application.

Breakup by Type:

  • Yeast
  • Algae
  • Others
     

Breakup by Application:

  • Food and Beverages
  • Personal Care and Cosmetics
  • Cleaning Products
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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$), 2016-2021
Figure 3: Global: Biotech Ingredients Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Biotech Ingredients Market: Breakup by Type (in %), 2021
Figure 5: Global: Biotech Ingredients Market: Breakup by Application (in %), 2021
Figure 6: Global: Biotech Ingredients Market: Breakup by Region (in %), 2021
Figure 7: Global: Biotech Ingredients (Yeast) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Biotech Ingredients (Yeast) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Biotech Ingredients (Algae) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Biotech Ingredients (Algae) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Biotech Ingredients (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Biotech Ingredients (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Biotech Ingredients (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Biotech Ingredients (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Biotech Ingredients (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Biotech Ingredients (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Biotech Ingredients (Cleaning Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Biotech Ingredients (Cleaning Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Biotech Ingredients (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Biotech Ingredients (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia-Pacific: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Biotech Ingredients Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Biotech Ingredients Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Biotech Ingredients Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Biotech Ingredients Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Biotech Ingredients Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Biotech Ingredients Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Biotech Ingredients Market: Competitive Structure
Table 6: Global: Biotech Ingredients Market: Key Players


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Key Questions Answered in This Report

The global biotech ingredients market was valued at US$ 53.8 Billion in 2021.

We expect the global biotech ingredients market to exhibit a CAGR of 5.16% during 2022-2027.

The growing popularity of organic, safe, potent, and sustainable beauty products over
petrochemical-based variants, owing to their cost-effective and eco-friendly properties, is primarily
driving the global biotech ingredients market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations, resulting in the temporary closure of numerous
manufacturing units, thereby limiting the demand for biotech ingredients.

Based on the type, the global biotech ingredients market has been segmented into yeast, algae, and
others. Currently, algae type represents the largest market share.

Based on the application, the global biotech ingredients market can be bifurcated into food and
beverages, personal care and cosmetics, cleaning products, and others. Among these, the personal
care and cosmetics sector accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Europe currently dominates the global market.

Some of the major players in the global biotech ingredients market include 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.

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