The global Biotech Ingredients market, which accrued revenue worth 1.6 (SD Billion) in 2019, is expected to register a CAGR of 8.5% during the period from 2020 to 2026. The report offers assessment and analysis of the Biotech Ingredients market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
Biotech ingredients are extracted through genetic modification of microbes like bacteria and yeast. These include essential oils, many plant extracts, and oleoresins. In addition to this, biotech ingredients are utilized massively in various personal care as well as cosmetics items preparations. The products are mainly derived by utilization of solvent extraction, cold pressing, carbon dioxide extraction, and steam distillation methods.
Market Growth Dynamics
Swift industrialization has resulted into large-scale use of scented or flavored items like food & beverages, cleaning & household items, and personal care items. This, in turn, will steer the growth of biotech ingredients industry over the estimated timespan. In addition to this, use of biotechnology for producing active ingredients for its most prominent usage in personal care & cosmetic sector will generate lower carbon footprints with low costs, thereby further embellishing the growth rate of the market over the forecasting years.
Moreover, growing preference for organic items as well as products possessing natural beauty has made the use of biotech ingredients more popular among the cosmetic product manufacturers and this will further steer the market trends. Apparently, rise in the awareness pertaining to hazardous effects of using artificial or synthetic ingredients will prop up the market growth over the estimated timeframe.
Europe To Continue Its Market Dominance During 2020-2026
The growth of the market in Europe during the forecast timespan is owing to governments in various countries of Europe favoring the product use. In addition to this, EU has introduced schemes promoting the use of biotech ingredients in personal care & cosmetic industry and this will stimulate the regional market growth over the coming years.
The key players influencing the market growth are Givaudan, International Flavors and Fragrances, Inc., Firmenich SA, Advanced Biotech, Isobionics Allylix, Evolva S.A., and Symrise A.G
The global biotech ingredients market is segmented as follows:
By Flavor
By Active Cosmetic Ingredient
By Region
Introduction
Biotech ingredients are extracted through genetic modification of microbes like bacteria and yeast. These include essential oils, many plant extracts, and oleoresins. In addition to this, biotech ingredients are utilized massively in various personal care as well as cosmetics items preparations. The products are mainly derived by utilization of solvent extraction, cold pressing, carbon dioxide extraction, and steam distillation methods.
Market Growth Dynamics
Swift industrialization has resulted into large-scale use of scented or flavored items like food & beverages, cleaning & household items, and personal care items. This, in turn, will steer the growth of biotech ingredients industry over the estimated timespan. In addition to this, use of biotechnology for producing active ingredients for its most prominent usage in personal care & cosmetic sector will generate lower carbon footprints with low costs, thereby further embellishing the growth rate of the market over the forecasting years.
Moreover, growing preference for organic items as well as products possessing natural beauty has made the use of biotech ingredients more popular among the cosmetic product manufacturers and this will further steer the market trends. Apparently, rise in the awareness pertaining to hazardous effects of using artificial or synthetic ingredients will prop up the market growth over the estimated timeframe.
Europe To Continue Its Market Dominance During 2020-2026
The growth of the market in Europe during the forecast timespan is owing to governments in various countries of Europe favoring the product use. In addition to this, EU has introduced schemes promoting the use of biotech ingredients in personal care & cosmetic industry and this will stimulate the regional market growth over the coming years.
The key players influencing the market growth are Givaudan, International Flavors and Fragrances, Inc., Firmenich SA, Advanced Biotech, Isobionics Allylix, Evolva S.A., and Symrise A.G
The global biotech ingredients market is segmented as follows:
By Flavor
- By Source
- Bacteria
- Yeast
- Filamentous Fungi
- By Product
- Carbonyls
- Lactones
- Alcohols
- Acids
- By Carbonyls
- Ketones
- Aldehydes
- Fine Fragrances
- Toiletries
- Others
By Active Cosmetic Ingredient
- Hair Care
- Skin Care
- Sun Care
- Makeup and color cosmetics
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Contents
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Transit Packaging Market, 2016–2026(USD Billion)
- 2.2. Transit Packaging Market: Snapshot
- Chapter 3. Global Transit Packaging Market– Industry Analysis
- 3.1. Transit Packaging Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Growing preference for organic items as well as products possessing natural beauty has made the use of biotech ingredients more popular among the cosmetic product manufacturers and this will steer the market trends.
- 3.2.2. Use of biotechnology for producing active ingredients for its most prominent usage in personal care & cosmetic sector will generate lower carbon footprints with reduced costs, thereby further embellishing the growth rate of the market over the forecasting years.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Fragrance
- 3.4.2. Market attractiveness analysis By Flavor
- 3.4.3. Market attractiveness analysis By Active Cosmetic Ingredient
- Chapter 4. Global Transit Packaging Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Transit Packaging Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Fragrance launches
- 4.2.3. Agreements, partnerships, collaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Transit Packaging Market–Fragrance Analysis
- 5.1. Global Biotech Ingredients Market overview: By Fragrance
- 5.1.1. Global Biotech Ingredients Market Share, By Fragrance ,2019 and 2026
- 5.2. Toiletries
- 5.2.1. Global Biotech Ingredients Market by Toiletries, 2016–2026(USD Billion)
- 5.3. Fine Fragrance
- 5.3.1. Global Biotech Ingredients Market by Fine Fragrance, 2016–2026(USD Billion)
- 5.1. Global Biotech Ingredients Market overview: By Fragrance
- Chapter 6. Global Transit Packaging Market– Flavor Analysis
- 6.1. Global Biotech Ingredients Market overview: By Flavor
- 6.1.1. Global Biotech Ingredients Market Share, By Flavor , 2019 and 2026
- 6.2. Source
- 6.2.1. Global Biotech Ingredients Market By Source , 2016–2026(USD Billion)
- 6.3. Product
- 6.3.1. Global Biotech Ingredients Market By Product, 2016–2026(USD Billion)
- 6.4. Carbonyls
- 6.4.1. Global Biotech Ingredients Market By Carbonyls, 2016–2026(USD Billion)
- 6.1. Global Biotech Ingredients Market overview: By Flavor
- Chapter 7. Global Transit Packaging Market– Active Cosmetic Ingredient Analysis
- 7.1. Global Biotech Ingredients Market overview: By Active Cosmetic Ingredient
- 7.1.1. Global Biotech Ingredients Market Share, By Active Cosmetic Ingredient , 2019 and 2026
- 7.2. Hair Care
- 7.2.1. Global Biotech Ingredients Market By Hair Care , 2016–2026(USD Billion)
- 7.3. Skin Care
- 7.3.1. Global Biotech Ingredients Market By Skin Care, 2016–2026(USD Billion)
- 7.4. Sun Care
- 7.4.1. Global Biotech Ingredients Market By Sun Care, 2016–2026(USD Billion)
- 7.5. Makeup & culor cosmetics
- 7.5.1. Global Biotech Ingredients Market By Makeup & culor cosmetics, 2016–2026(USD Billion)
- 7.1. Global Biotech Ingredients Market overview: By Active Cosmetic Ingredient
- Chapter 8. Company Profiles
- 8.1. Givaudan
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategy
- 8.1.5. Recent Developments
- 8.2. International Flavors and Fragrances, Inc.
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategy
- 8.2.5. Recent Developments
- 8.3. Firmenich SA
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategy
- 8.3.5. Recent Developments
- 8.4. Advanced Biotech
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategy
- 8.4.5. Recent Developments
- 8.5. Isobionics Allylix
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategy
- 8.5.5. Recent Development
- 8.6. Symrise A.G.
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategy
- 8.6.5. Recent Development
- 8.7. Evulva S.A.
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategy
- 8.7.5. Recent Development
- 8.1. Givaudan
