Biotech Ingredient Global Market Report 2024

Global Biotech Ingredient Market Report 2024

Biotech Ingredient Global Market Report 2024 – By Type (Active Pharmaceutical Ingredients, Biosimilars), By Expression Systems (Mammalian Expression Systems, Microbial Expression Systems, Yeast Expression Systems, Plant Expression Systems, Insect Expression Systems), By Application (Food And Beverages, Personal Care And Cosmetics, Cleaning Products, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Biotech Ingredient Global Market Report 2024
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Biotech Ingredient Global Market Report 2024

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Biotech Ingredient Market Definition

Biotech ingredients refer to chemical components produced by microbes, most commonly yeast, yeast-like organisms, or algae that have their DNA edited such that their metabolism results in a commercially viable compound. These ingredients are safer and are often less expensive for consumers.

The main types of biotech ingredients are active pharmaceutical ingredients and biosimilars. An active pharmaceutical ingredient (API) refers to a component of an OTC or prescription medication that causes the desired health effects. The various expression systems include mammalian expression systems, microbial expression systems, yeast expression systems, plant expression systems, and insect expression systems that are used in various applications, including food and beverages, personal care and cosmetics, cleaning products, and others.

Biotech Ingredient Market Segmentation

The biotech ingredient market covered in this report is segmented –

1) By Type: Active Pharmaceutical Ingredients, Biosimilars

2) By Expression Systems: Mammalian Expression Systems, Microbial Expression Systems, Yeast Expression Systems, Plant Expression Systems, Insect Expression Systems

3) By Application: Food And Beverages, Personal Care And Cosmetics, Cleaning Products, Other Applications

Global Biotech Ingredient Market Size 2023 to 2028: Graph

Biotech Ingredient Market Size 2024 And Growth Rate

The biotech ingredient market size has grown strongly in recent years. It will grow from $56.76 billion in 2023 to $60.6 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to innovations in food and beverage industry, increasing adoption of biofuel, consumer demand for functional foods, advances in genetic engineering.

Biotech Ingredient Market Growth Forecast

The biotech ingredient market size is expected to see strong growth in the next few years. It will grow to $78.43 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to focus on personalized nutrition, expansion of cell-based meat production, development of therapeutic biotech ingredients, bio ingredients for waste reduction, shift towards bioplastics. Major trends in the forecast period include biotech-based functional foods, biotech solutions for circular economy practices, therapeutic biotech ingredients, biotech ingredients for clean energy production, global emphasis on biodiversity conservation.

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Biotech Ingredient Market Driver: The Surging Demand For Generic Medicines Boosting Growth In The Biotech Ingredient Market

The rising demand for generic medicines is expected to propel the growth of the biotech ingredient market going forward. A generic medicine refers to a drug that is designed to have the same properties as a previously approved medicine. Biotech ingredients are used in general medicine as they are the primary source for providing less costly, more efficient means of producing a range of active ingredients that are almost identical to the original product and are typically regulated under an extended set of rules. For instance, in September 2022, according to the U.S. Generic and Biosimilar Medicines Savings Report published by the Association for Accessible Medicines (AAM), a US-based association of generic medicine manufacturers and distributors, and the Biosimilars Council, a part of the AAM association, patients in the United States received 6.4 billion prescriptions in 2021, with an increase of 91% of them being generic or biosimilar medications. Patients, customers, employers, and taxpayers saved $373 billion by using these lower-cost medicines where generics medicines represent 3% of all health care spending. Therefore, the rising demand for generic medicines is driving the growth of the biotech ingredient market.

Biotech Ingredient Market Driver: Biotech Ingredient Market Surges Amid Rising Demand In Personal Care Products

The increasing demand in personal care products is expected to propel the growth of the biotech ingredient market going forward. Personal care products refer to a broad category of items that are used for maintaining personal hygiene and enhancing one's appearance. Biotech ingredients in personal care products offer reduced environmental footprint, sustainability, consistent quality, reduced allergenic potential, biocompatibility, enhanced efficacy, and reduced dependence on petrochemicals. For instance, in September 2023, according to the Bureau of Labor Statistics, a US-based government agency, the average consumer expenditure on personal care products increased by 12.3 percent, which was $866 in 2022, up from $771 in 2021. Therefore, the increasing demand in personal care products is driving the growth of the biotech ingredient market.

Global Biotech Ingredient Market Major Players

Major companies operating in the biotech ingredient market report are Merck & Co. Inc., Sanofi S.A., AbbVie Inc., International Flavors & Fragrance (IFF) Inc., Novartis AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Mylan Inc., Boehringer Ingelheim International GmbH., AstraZeneca plc., Givaudan, Firmenich SA, Amyris Inc., Advanced BioTech, Sollice Biotech, Novocap S.A., Eli Lilly, Bristol-Myers Squibb Company, GlaxoSmithKline plc., F. Hoffmann-La Roche AG, Biogen Inc., Amgen Inc., Johnson & Johnson, Genentech Inc., Regeneron Pharmaceuticals Inc., Vertex Pharmaceuticals Incorporated, Alexion Pharmaceuticals Inc., Celgene Corporation, Gilead Sciences Inc., BioMarin Pharmaceutical Inc., Incyte Corporation, Seattle Genetics Inc., Alnylam Pharmaceuticals Inc., Ionis Pharmaceuticals Inc., Moderna Inc., Editas Medicine Inc., Intellia Therapeutics Inc., Sangamo Therapeutics Inc., Bluebird Bio Inc., Spark Therapeutics Inc. .

Global Biotech Ingredient Market Trend: Innovative Biotech Solutions Transforming The Cosmeceutical Landscape

Technological advancement has emerged as the key trend gaining popularity in the biotech ingredient market. Major companies operating in the biotech ingredient market are introducing new technologies to develop innovative products to strengthen their position in the market. For instance, in March 2023, International Flavors & Fragrances Inc., a US-based manufacturer of fragrance, biotech solutions, cosmetic energetics, and organic health ingredients, launched Aurist AGC, a novel biopolymer for hair care. This illustrates the new DEB platform's potential by utilizing IFF's comprehensive biotechnology functionality to ensure sustained and high-performance glamour solutions that really can truly contribute to change in the cosmeceutical industry. The ingredient uses IFF's proprietary Designed Enzymatic Biopolymers (DEB) technology, an advanced biotechnology capable of producing novel biobased polysaccharides with distinct structures and product features.

Global Biotech Ingredient Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the biotech ingredient market are focusing on innovative products such as biosyn-bisabolol to drive revenues in their market. BioSyn-Bisabolol is a sesquiterpene component found in nature that shields the skin from everyday stress and has a variety of applications, including anti-inflammatory, skin-soothing, and barrier restoration. For instance, in June 2023, Aneco Chemicals Co. Ltd. a China-based specialty ingredient maker that manufactures biotech ingredients launched biosyn-bisabolol. It is a sustainable product and the ingredient comes from a green production approach that preserves biodiversity and benefits the ecosystem as a whole. With an assay of at least 95%, the substance is made entirely of bio-based carbon. It is advised for usage in skin care and sun care products and can be combined with practically all popular cosmetic ingredients. BioSyn-Bisabolol was created using a unique technology that guarantees excellent purity and quality, along with higher physiological activity.

Biotech Ingredient Market Merger And Acquisition: Kerry Group Plc's Strategic Acquisition Of C-Lecta

In February 2022, Kerry Group plc, an Ireland-based taste and nutrition company, acquired c-LEcta for $226 million. Through this acquisition, Kerry aims to strengthen its innovation activities in enzymatic engineering, fermentation, and biotechnological development. Kerry also plans to invest in the advancement of cutting-edge sustainable technologies that will drive the development of sustainable food and health systems in the future. c-LEcta is a Germany-based biotechnology innovation firm that specializes in highly precise fermentation, optimized bio-processing, and bio-transformation to produce high-value targeted biomolecules and ingredients.

Regional Analysis For The Global Biotech Ingredient Market

Europe was the largest region in the biotech ingredient market in 2023. Asia-Pacific is expected to be the fastest-growing region in the biotech ingredients market report during the forecast period. The regions covered in the biotech ingredient market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the biotech ingredient market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The biotech ingredient market consists of sales of shea butter, coconut oil, mango butter, frankincense essential oil, patchouli essential oil, and licorice extract. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The biotech ingredient market research report is one of a series of new reports from The Business Research Company that provides biotech ingredient market statistics, including biotech ingredient industry global market size, regional shares, competitors with a biotech ingredient market share, detailed biotech ingredient market segments, market trends and opportunities, and any further data you may need to thrive in the biotech ingredient industry. This biotech ingredient market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Biotech Ingredient Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$60.6 billion
Revenue Forecast In 2033	$78.43 billion
Growth Rate	CAGR of 6.7% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Active Pharmaceutical Ingredients, Biosimilars 2) By Expression Systems: Mammalian Expression Systems, Microbial Expression Systems, Yeast Expression Systems, Plant Expression Systems, Insect Expression Systems 3) By Application: Food And Beverages, Personal Care And Cosmetics, Cleaning Products, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Merck & Co. Inc.; Sanofi S.A.; AbbVie Inc.; International Flavors & Fragrance (IFF) Inc.; Novartis AG; Pfizer Inc.; Teva Pharmaceutical Industries Ltd.; Mylan Inc.; Boehringer Ingelheim International GmbH.; AstraZeneca plc.; Givaudan; Firmenich SA; Amyris Inc.; Advanced BioTech; Sollice Biotech; Novocap S.A.; Eli Lilly; Bristol-Myers Squibb Company; GlaxoSmithKline plc.; F. Hoffmann-La Roche AG; Biogen Inc.; Amgen Inc.; Johnson & Johnson; Genentech Inc.; Regeneron Pharmaceuticals Inc.; Vertex Pharmaceuticals Incorporated; Alexion Pharmaceuticals Inc.; Celgene Corporation; Gilead Sciences Inc.; BioMarin Pharmaceutical Inc.; Incyte Corporation; Seattle Genetics Inc.; Alnylam Pharmaceuticals Inc.; Ionis Pharmaceuticals Inc.; Moderna Inc.; Editas Medicine Inc.; Intellia Therapeutics Inc.; Sangamo Therapeutics Inc.; Bluebird Bio Inc.; Spark Therapeutics Inc.
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1. Executive Summary

2. Biotech Ingredient Market Characteristics

3. Biotech Ingredient Market Trends And Strategies

4. Biotech Ingredient Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Biotech Ingredient Market Size and Growth

5.1. Global Biotech Ingredient Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Biotech Ingredient Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Biotech Ingredient Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Biotech Ingredient Market Segmentation

6.1. Global Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Active Pharmaceutical Ingredients

Biosimilars

6.2. Global Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Mammalian Expression Systems

Microbial Expression Systems

Yeast Expression Systems

Plant Expression Systems

Insect Expression Systems

6.3. Global Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Food And Beverages

Personal Care And Cosmetics

Cleaning Products

Other Applications

7. Biotech Ingredient Market Regional And Country Analysis

7.1. Global Biotech Ingredient Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Biotech Ingredient Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Biotech Ingredient Market

8.1. Asia-Pacific Biotech Ingredient Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Biotech Ingredient Market

9.1. China Biotech Ingredient Market Overview

9.2. China Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Biotech Ingredient Market

10.1. India Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Biotech Ingredient Market

11.1. Japan Biotech Ingredient Market Overview

11.2. Japan Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Biotech Ingredient Market

12.1. Australia Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Biotech Ingredient Market

13.1. Indonesia Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Biotech Ingredient Market

14.1. South Korea Biotech Ingredient Market Overview

14.2. South Korea Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Biotech Ingredient Market

15.1. Western Europe Biotech Ingredient Market Overview

15.2. Western Europe Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Biotech Ingredient Market

16.1. UK Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Biotech Ingredient Market

17.1. Germany Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Biotech Ingredient Market

18.5. France Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Biotech Ingredient Market

19.9. Italy Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Biotech Ingredient Market

20.13. Spain Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Biotech Ingredient Market

21.1. Eastern Europe Biotech Ingredient Market Overview

21.2. Eastern Europe Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Biotech Ingredient Market

22.1. Russia Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Biotech Ingredient Market

23.1. North America Biotech Ingredient Market Overview

23.2. North America Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Biotech Ingredient Market

24.1. USA Biotech Ingredient Market Overview

24.2. USA Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Biotech Ingredient Market

25.1. Canada Biotech Ingredient Market Overview

25.2. Canada Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Biotech Ingredient Market

26.1. South America Biotech Ingredient Market Overview

26.2. South America Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Biotech Ingredient Market

27.1. Brazil Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Biotech Ingredient Market

28.1. Middle East Biotech Ingredient Market Overview

28.2. Middle East Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Biotech Ingredient Market

29.1. Africa Biotech Ingredient Market Overview

29.2. Africa Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Biotech Ingredient Market Competitive Landscape And Company Profiles

30.1. Biotech Ingredient Market Competitive Landscape

30.2. Biotech Ingredient Market Company Profiles

30.2.1. Merck & Co. Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Sanofi S.A.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. AbbVie Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. International Flavors & Fragrance (IFF) Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Novartis AG

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Biotech Ingredient Market Competitive Benchmarking

32. Global Biotech Ingredient Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Biotech Ingredient Market

34. Biotech Ingredient Market Future Outlook and Potential Analysis

34.1 Biotech Ingredient Market In 2028 - Countries Offering Most New Opportunities

34.2 Biotech Ingredient Market In 2028 - Segments Offering Most New Opportunities

34.3 Biotech Ingredient Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Biotech Ingredient Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Biotech Ingredient Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Merck & Co. Inc. Financial Performance

Table 75: Sanofi S.A. Financial Performance

Table 76: AbbVie Inc. Financial Performance

Table 77: International Flavors & Fragrance (IFF) Inc. Financial Performance

Table 78: Novartis AG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Biotech Ingredient Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Biotech Ingredient Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Biotech Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Biotech Ingredient Market, Segmentation By Expression Systems, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Biotech Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Merck & Co. Inc. Financial Performance

Figure 75: Sanofi S.A. Financial Performance

Figure 76: AbbVie Inc. Financial Performance

Figure 77: International Flavors & Fragrance (IFF) Inc. Financial Performance

Figure 78: Novartis AG Financial Performance

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Frequently Asked Questions

What is the definition of the biotech ingredient market?

How will the biotech ingredient market drivers and restraints affect the biotech ingredient market dynamics? What forces will shape the biotech ingredient industry going forward?

The biotech ingredient market major growth driver - the surging demand for generic medicines boosting growth in the biotech ingredient market. For further insights on the biotech ingredient market, request a sample here

What is the forecast market size or the forecast market value of the biotech ingredient market ?

The biotech ingredient market size has grown strongly in recent years. It will grow from $56.76 billion in 2023 to $60.6 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to innovations in food and beverage industry, increasing adoption of biofuel, consumer demand for functional foods, advances in genetic engineering.. The biotech ingredient market size is expected to see strong growth in the next few years. It will grow to $78.43 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to focus on personalized nutrition, expansion of cell-based meat production, development of therapeutic biotech ingredients, bio ingredients for waste reduction, shift towards bioplastics .. Major trends in the forecast period include biotech-based functional foods, biotech solutions for circular economy practices, therapeutic biotech ingredients, biotech ingredients for clean energy production, global emphasis on biodiversity conservation.. For further insights on the biotech ingredient market, request a sample here

How is the biotech ingredient market segmented?

The biotech ingredient market is segmented
1) By Type: Active Pharmaceutical Ingredients, Biosimilars
2) By Expression Systems: Mammalian Expression Systems, Microbial Expression Systems, Yeast Expression Systems, Plant Expression Systems, Insect Expression Systems
3) By Application: Food And Beverages, Personal Care And Cosmetics, Cleaning Products, Other ApplicationsFor further insights on the biotech ingredient market, request a sample here

Which region has the largest share of the biotech ingredient market? What are the other regions covered in the report?

Europe was the largest region in the biotech ingredient market in 2023. Asia-Pacific is expected to be the fastest-growing region in the biotech ingredients market report during the forecast period. The regions covered in the biotech ingredient market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the biotech ingredient market, request a sample here.

Who are the major players in the biotech ingredient market?

What are the key trends in the biotech ingredient market?

Major trend in the biotech ingredient market - innovative biotech solutions transforming the cosmeceutical landscape. For further insights on the biotech ingredient market, request a sample here.

What are the major opportunities in the biotech ingredient market? What are the strategies for the biotech ingredient market?

For detailed insights on the major opportunities and strategies in the biotech ingredient market, request a sample here.

How does the biotech ingredient market relate to the overall economy and other similar markets?

For detailed insights on biotech ingredient market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the biotech ingredient industry?

For detailed insights on the mergers and acquisitions in the biotech ingredient industry, request a sample here.

What are the key dynamics influencing the biotech ingredient market growth? SWOT analysis of the biotech ingredient market.

For detailed insights on the key dynamics influencing the biotech ingredient market growth and SWOT analysis of the biotech ingredient industry, request a sample here.