The Fatty Acid Methyl Ester (FAME) market is a subset of the biotechnology industry. FAME is a type of biodiesel fuel derived from vegetable oils, animal fats, and waste cooking oils. It is used as a renewable energy source and is an alternative to petroleum-based diesel fuel. FAME is produced through a process called transesterification, which involves the reaction of a triglyceride with an alcohol in the presence of a catalyst. This process produces FAME and glycerol as by-products. FAME is used in a variety of applications, including transportation, industrial, and agricultural. FAME is a rapidly growing market due to its environmental benefits and cost-effectiveness. It is also becoming increasingly popular due to its ability to reduce emissions and improve air quality. Some companies in the FAME market include Neste, Renewable Energy Group, and Cargill. Show Less Read more
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