DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e86303/white_biotechnolog) has announced the addition of Frost & Sullivan's new report "White Biotechnology" to their offering.
The white biotechnology market research service analyzes the food and feed industry, pharmaceutical industry, biofuel industry, bioplastics industry, and personal care industry. The current scenario in the enzyme industry has also been discussed. The important factors which drive, restrain, and impose challenges have been assessed. Detailed revenue forecasts are provided for each industry segment. Major legislations, which influence the future of white biotechnology, have been discussed. Each industry segment has been evaluated with the help of the industry attractiveness matrix.
Key Findings:
- The overall white biotechnology market has high growth potential. However, each industry segment is currently at different levels of development.
- White biotechnology has high penetration levels in a majority of applications in the food and feed ingredients sector. As a result, the food and feed ingredients market lies at the upper end of the market life-cycle curve.
- The pharmaceutical ingredients sector has historically been dependant on white biotechnology for product development. However, strong growth is expected, particularly with the increase in application of biocatalysis in the active pharmaceutical ingredients segment and the advancements in biopharmaceuticals.
- The biofuels and bioplastics sectors have seen strong growth in the past. This trend is likely to continue, with the introduction of more government initiatives and increasing consumer awareness.
- The application of white biotechnology in the personal care sector is in its early growth stage. It is expected to gain momentum over the forecast period.
The Major Challenges Faced by the Global White Biotechnology Market Include:
- High capital investment requirements for setting up production facilities
- Technical limitations in certain applications, such as downstream processing and purification
- Volatile crude-oil prices, which affect the price competitiveness of white biotechnology products
- Limited investment in the area of industrial biotechnology, versus red and green biotechnology
- Primary focus on the biofuels sector, in many countries
For more information visit http://www.researchandmarkets.com/research/e86303/white_biotechnolog