A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Biotechnology
Based Chemicals
Market.
The study, titled “Biotechnology
Based Chemicals Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Biotechnology
is a technological application that uses living organisms, biological
systems or derivatives to produce or modify products or processes for
specific use. Biotechnology encompasses a wide range of procedures
required for modifying living organisms to fulfill various demands
for domestic as well as industrial applications. Thus, biotechnology
is a general term that is used for a wide range of techniques that
are involved in the production, transformation or degradation of the
desired product.
Biotechnology
based chemicals are the products that are manufactured by applying
various techniques such as fermentation. Biotechnology based
chemicals comprises polyhydroxyalkanoates, lactic acid, lysine,
citric acid, glutamic acid and threonine. The technology used in
manufacturing biotechnology based chemicals are simple however, the
entire production process should be carried out under the supervision
of trained personnel.
Get
PDF Brochure for more Professional and Technical insights :
Glutamic
acid is the most widely used amino acid manufactured as well as
consumed in the world. Biotechnology based chemicals find application
in pharmaceuticals, food industry, animal feed and consumer goods
manufacturing industries among others.Pharmaceutical industry is the
largest consumer of biotechnology based chemicals.
The
growing demand for natural medicines than that compared to synthetic
chemicals is expected to augment the overall demand for biotechnology
based chemicals. In addition, growing awareness of the several side
effects associated with the chemical drugs is expected to boost the
overall biotechnology based chemicals market. The animal feed
industry is also one of the major consumers of biotechnology based
chemicals market.
The
growing demand for lysine in animal feed is expected to boost the
overall demand for biotechnology chemicals market. Lactic acid finds
applications in a wide range of industries. The growing demand for
manufacturing polylactic acid (PLA) plastics boost the demand for
lactic acid which in turn is expected to augment the overall
biotechnology based chemicals market. However, high cost associated
with the manufacturing of biotechnology based chemicals is expected
to restrain the overall growth of the market.
The
growing demand for pharmaceutical products has expected to augment
the overall demand for biotechnology based chemicals in China. China
is the largest consumer of biotechnology based chemicals market. The
growing demand for citric acid especially from the food and beverage
industry in China is expected to augment the overall demand for
biotechnology based chemicals market. North America is expected to be
the next largest consumer of biotechnology based chemicals owing to
the growing consumer preference for natural products. The demand for
biotechnology based chemicals is expected to grow rapidly owing to
the presence of dominant animal feed and other end use industries in
Europe.
Browse
Market Research Report with ToC & Analysis :
Lysine
is a crucial ingredient used in the animal feed for swine and poultry
feeds. Thus, the growing demand for animal feed is expected to boost
the overall demand for biotechnology based chemicals market. Rest of
Asia Pacific is expected to experience rapid growth in the demand for
biotechnology based chemicals owing to the growing pharmaceutical
industry in the region.However, Rest of the World is expected to
exhibit sluggish growth in the demand for biotechnology based
chemicals in the next few years.Kemin, BioAmber Inc. and Stora Enso
are some of the major participants in the biotechnology based
chemicals market. The company’s present in the focus mainly towards
research as they intend to introduce innovative products in the
market.This research report analyzes this market on the basis of its
market segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
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