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Industrial Biotechnology is a branch of biotechnology that focuses on the application of biological processes to industrial production. It is used to create products and services that are more sustainable and efficient than traditional methods. Industrial biotechnology utilizes microorganisms, enzymes, and other biological materials to produce a variety of products, including biofuels, bioplastics, biochemicals, and pharmaceuticals. It also has applications in the food and beverage industry, such as the production of food additives, flavorings, and preservatives.
Industrial biotechnology has the potential to reduce the environmental impact of industrial processes, as well as to improve the efficiency of production. It can also help to reduce the cost of production, making products more affordable for consumers.
Some companies in the Industrial Biotechnology market include Amyris, Ginkgo Bioworks, Novozymes, and Genomatica. Show Less Read more