White biotech is the application of biotechnology in industrial products, with a promising focus on sustainable development. It utilizes microorganisms, such as yeast, mold and bacterial cells and enzymes, to derive products that are degradable and useful for a wide-range of industrial applications. The major market leaders are Novozymes, AB Enzymes GmbH, DuPont, BASF AG, and Royal DSM, among others.
The global white biotech market is expected to witness a CAGR of 10.5 % during the forecast period of 2017-2022. The market, estimated at USD XX billion as of 2016, is projected to reach USD XX billion by 2022.
The white biotech market is driven by various factors that include wide application market[N1] , reduced energy and production cost of the products, and sustainable & environment-friendly manufacturing process. White biotech derives products from organisms, like the enzymes, which are a sustainable source and provide potential benefits to the environment. During decomposition, enzymes that contain proteins, act as a substrate for microbes in waste, to reduce the industrial wastage and maintain a clean environment. However, various environmental regulations hinder the growth of the market. High downstream processing cost is another restraining factor for manufacturers.
The market has been segmented by application type, and product type. White biotechnology products include biofuels, biomaterial, biochemical, biopesticides and industrial enzymes. Biofuel holds a major share in the market, due to the growing demand for bio-based fuels, to reduce carbon deposit in the environment. Industrial enzymes are growing at a fast rate, with their extensive usage in wide-range of industries, to reduce the production cost. Biopesticide is a niche segment in the pesticide market, which is growing rapidly due to the increasing demand for organic products. By application type, the market is segmented into food additives, feed additives, chemicals, bioenergy and others. The chemicals application market is further segmented into soap & detergents, paper & pulp, textile, biopolymers, flavor & fragrances. Oil-based synthetic fibers demand is continuously growing in textile application, to replace natural fibers in fabrics. Bio-based polymers, which are sustainable in nature, have a huge demand in the market due to the increased usage of polymer products.
The global white biotech market has been geographically divided into North America, Europe, Asia-Pacific, South America and Africa. North America dominates the market, closely followed by Europe. Asia-Pacific is the fastest-growing region, due to the increasing demand for sustainable products, such as biochemicals and enzymes. China is one of the major markets for biochemical products that competes with Europe and North America.
Recent Industry Insights
“Novozymes acquires Organobalance GmbH to strengthen its position in microbial enzyme solution.”
Products, designed based on chemicals, like organic chemicals, will be the future forecast. Reduction in the production costs of organic chemicals will be a potential benefit for the manufacturers. There is a huge opportunity in fermentation-based chemical products in soaps & detergent product application. Biochemicals have high demand in the market due to their positive impact on the environment.
Key Deliverables in the Study
Market analysis for the global white biotech market, with region-specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global white biotech market on, both, global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions, where this industry is growing, and identify the regions that are still untapped.
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definitions
2. Research Approach and Methodology
2.2 Research Design
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Dynamics
22.214.171.124 Reduced Energy Consumption and Cost of Production
126.96.36.199 Environment-Friendly Production Process and Availability of Sustainable Source
188.8.131.52 Wide Application Market with Diverse Functionality
184.108.40.206 Low Willingness Among Various Sectors to Take Risk
220.127.116.11 Stringent Regulatory Environment
18.104.22.168 Growing Demand in the Chemical Industry
3.1.4 Porter's Five Forces Analysis
22.214.171.124 Bargaining Power of Suppliers
126.96.36.199 Bargaining Power of Buyers
188.8.131.52 Threat of New Entrants
184.108.40.206 Threat of Substitute Products and Services
220.127.116.11 Degree of Competition
4. Market Segmentation
4.1 By Application
4.1.1 Food Additives
4.1.2 Feed Additives
18.104.22.168 Soaps & Detergents
22.214.171.124 Paper & Pulp
4.2 By Product Type
4.2.5 Industrial Enzymes
4.3 By Geography
4.3.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
4.3.4 South America
184.108.40.206 South Africa
5. Competitive Landscape
5.1 Strategies Adopted by Key Players
5.2 Most Active Companies in the Past Five Years
5.3 Market Share Analysis
6. Company Profiles
6.2 AB Enzymes GmbH
6.3 Danisco US Inc.
6.4 Royal DSM N.V.
6.5 Zimmer Biomet Holdings, Inc. (U.S.)
6.6 Bayer AG
6.7 BASF AG
6.9 Syngenta Crop Protections, LLC
6.10 Dow AgroSciences
6.11 Carpenter Technology Corporation (U.S.)
6.12 Evonik Industries AG (Germany),
6.13 Dyadic International, Inc.
6.14 Iogen Corporation