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Add to CartGlobal Biotechnology Based Chemicals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Bio-Pharma, Agri-Biotech and Bio-Informatics.By Application;
Pharmaceuticals & Nutrition, Foods & Beverages, Agriculture, Animal Feeds, and Other.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Biotechnology Based Chemicals Market (USD Million), 2021 - 2031
In the year 2024, the Global Biotechnology Based Chemicals Market was valued at USD 74231.63 million. The size of this market is expected to increase to USD 111616.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
The global biotechnology-based chemicals market is rapidly growing as the demand for sustainable, environmentally friendly alternatives to traditional petrochemical-based products intensifies. Biotechnology-based chemicals, derived through biological processes such as fermentation, enzyme catalysis, and genetic engineering, offer significant advantages over conventional chemicals. These bio-based chemicals are produced from renewable resources like plants, algae, or microorganisms, reducing the reliance on fossil fuels and contributing to the reduction of carbon emissions. As industries across the globe increasingly prioritize sustainability, the biotechnology-based chemicals market is witnessing a shift towards bio-based products that align with environmental goals and regulatory requirements.
This market encompasses a broad spectrum of products, including biofuels, bioplastics, biopolymers, enzymes, specialty chemicals, and organic acids. These products are used across various industries such as agriculture, automotive, consumer goods, food and beverages, pharmaceuticals, and packaging. Key drivers of the biotechnology-based chemicals market include growing concerns over environmental degradation, the rising demand for eco-friendly products, advancements in biotechnology research, and the increasing focus on reducing carbon footprints in industrial processes. Additionally, government policies and initiatives promoting the adoption of green technologies and renewable resources are further boosting the market's growth.
The biotechnology-based chemicals market is also benefiting from innovations in synthetic biology, which enable the production of complex molecules and chemicals with higher efficiency and at lower costs. Furthermore, collaborations between biotechnology firms, chemical manufacturers, and academic institutions are fostering the development of new biotechnological processes and enhancing the commercialization of bio-based chemicals.
As consumers and industries continue to demand more sustainable and bio-based solutions, the biotechnology-based chemicals market is expected to experience robust growth, playing a critical role in the ongoing transition to a more sustainable and circular economy. The market’s evolution reflects broader trends toward greener, more efficient production methods and the growing influence of biotechnology in the chemical sector.
Global Biotechnology Based Chemicals Market Recent Developments
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In November 2020, breakthroughs in enzyme technology enabled efficient production of bio,based chemicals, significantly lowering costs for applications in detergents and biofuels.
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In March 2023, a biotech company introduced fermentation,derived chemicals, reducing dependence on petroleum,based inputs for industrial applications, including solvents and adhesives.
Segment Analysis
The global biotechnology-based chemicals market can be analyzed across key segments, including type and application, each of which plays a crucial role in the market's growth and development.By Type, the market is primarily divided into Bio-Pharma, Agri-Biotech, and Bio-Informatics. Bio-Pharma represents the largest segment, driven by the increasing demand for biopharmaceutical products such as biologics, biosimilars, and vaccines. Biotechnology-based chemicals used in pharmaceuticals, such as enzymes, amino acids, and other bio-derived compounds, are essential for manufacturing treatments for various diseases, including cancer, autoimmune disorders, and chronic illnesses. The significant advances in biotechnology research are fueling the growth of this segment, with innovations in gene therapy, personalized medicine, and biomanufacturing technologies continuing to push the market forward. Agri-Biotech is another rapidly expanding segment, as the agricultural industry increasingly adopts biotechnology-based solutions to improve crop yields, pest resistance, and soil health. Biotechnology-derived chemicals, including biopesticides, biofertilizers, and plant growth regulators, are vital in enhancing agricultural productivity while promoting sustainability and reducing reliance on chemical pesticides and fertilizers. The growing need for sustainable farming practices and the increasing demand for organic food are key drivers of this segment's growth. Bio-Informatics, although a smaller segment compared to Bio-Pharma and Agri-Biotech, is also vital to the market's development. Bioinformatics involves the application of data analysis, algorithms, and computational tools to understand biological processes and improve the production of biotechnology-based chemicals. This field supports the development of new bio-based chemicals, streamlining the discovery, development, and optimization of bio-based solutions in the pharmaceutical, agricultural, and other industries.
By Application, the biotechnology-based chemicals market spans multiple industries, including Pharmaceuticals & Nutrition, Foods & Beverages, Agriculture, Animal Feeds, and other applications. Pharmaceuticals & Nutrition remains one of the largest and most lucrative applications, driven by the growing demand for bio-based active pharmaceutical ingredients (APIs), nutraceuticals, and dietary supplements. Biotechnology-based chemicals like vitamins, enzymes, and amino acids are essential in the formulation of various health products, from treatments to preventive healthcare solutions. In the Foods & Beverages sector, the demand for bio-based chemicals such as food additives, preservatives, flavors, and sweeteners is increasing as consumers shift toward more natural, healthier products. Agriculture benefits from biotechnology chemicals like biopesticides and biofertilizers, which are increasingly sought after due to their sustainable and eco-friendly nature. The Animal Feeds application is also growing, with biotechnology-based ingredients such as enzymes and probiotics used to enhance livestock nutrition and improve animal health, productivity, and disease resistance. Other applications include industrial sectors such as chemicals, textiles, and packaging, where biopolymers, biodegradable plastics, and bio-based solvents are gaining traction as environmentally sustainable alternatives.Overall, the biotechnology-based chemicals market is driven by technological advancements, a growing emphasis on sustainability, and the increasing adoption of biotechnology solutions across diverse industries, positioning it for significant growth in the coming years.
Global Biotechnology Based Chemicals Segment Analysis
In this report, the Global Biotechnology Based Chemicals Market has been segmented by Type, Application and Geography.
Global Biotechnology Based Chemicals Market, Segmentation by Type
The Global Biotechnology Based Chemicals Market has been segmented by Type into Bio-Pharma, Agri-Biotech and Bio-Informatics.
The Bio-Pharma segment is the largest and most influential, focusing on bio-derived chemicals used in the production of pharmaceuticals and biologics, such as enzymes, amino acids, monoclonal antibodies, and vaccines. This segment is driven by advancements in biopharmaceutical research, the rising demand for biologic drugs, and the shift toward personalized medicine and biosimilars. As the healthcare industry continues to focus on innovative therapies for diseases like cancer, diabetes, and autoimmune disorders, the demand for bio-based chemicals in drug production is expected to grow significantly. The Agri-Biotech segment, which focuses on biotechnology-driven solutions in agriculture, is also expanding rapidly. It includes bio-based chemicals such as biopesticides, biofertilizers, and plant growth regulators that help enhance agricultural productivity, sustainability, and pest resistance. The increasing adoption of agri-biotech solutions is driven by the need to address food security challenges, reduce environmental impact, and shift away from harmful synthetic chemicals. As demand for organic farming and sustainable practices rises, the Agri-Biotech segment is expected to play an essential role in the future of agriculture.
The Bio-Informatics segment, although smaller, is critical to the biotechnology-based chemicals market. It involves the use of computational tools and data analysis to optimize biological processes and the production of bio-based chemicals. Bioinformatics supports the discovery of new bio-based chemicals, the optimization of fermentation processes, and the development of more efficient biomanufacturing techniques. By analyzing vast amounts of biological data, bioinformatics helps accelerate innovation in biotechnology and enhances efficiency in the production of bio-based chemicals across various sectors, including pharmaceuticals and agriculture. Together, these segments—Bio-Pharma, Agri-Biotech, and Bio-Informatics—are shaping the biotechnology-based chemicals market by offering innovative, sustainable solutions across multiple industries.
Global Biotechnology Based Chemicals Market, Segmentation by Application
The Global Biotechnology Based Chemicals Market has been segmented by Application into Pharmaceuticals & Nutrition, Foods & Beverages, Agriculture, Animal Feeds, and Other.
Pharmaceuticals & Nutrition is one of the largest and most significant application segments in the biotechnology-based chemicals market. This sector includes bio-based chemicals such as vitamins, enzymes, amino acids, and other active pharmaceutical ingredients (APIs) used in the production of medicines, supplements, and nutraceuticals. The increasing demand for bio-based drugs, particularly biologics and biosimilars, is driving growth in this application. Moreover, as consumers focus on health and wellness, the need for bio-based, natural ingredients in nutritional products is rising, further boosting the market's expansion.
The Foods & Beverages application is another rapidly growing segment, driven by consumer preferences for more natural and sustainable products. Biotechnology-based chemicals, such as natural preservatives, flavorings, sweeteners, and colorants, are increasingly used to meet the demand for clean-label and organic food products. With growing concerns about food safety, sustainability, and health, biotechnology-derived ingredients offer an attractive alternative to synthetic chemicals, aligning with the global trend toward healthier, eco-friendly food and beverage options.
In the Agriculture sector, biotechnology-based chemicals, including biopesticides, biofertilizers, and plant growth regulators, are being increasingly adopted. These products help enhance crop productivity, improve resistance to pests and diseases, and promote sustainable farming practices. As the world faces challenges such as climate change, soil degradation, and food security, the demand for biotechnology solutions in agriculture is expected to grow, driving the adoption of bio-based chemicals to reduce dependence on harmful synthetic chemicals.
The Animal Feeds application also plays an essential role in the biotechnology-based chemicals market, as bio-based additives such as enzymes, probiotics, and amino acids are used to improve the nutritional value, health, and productivity of livestock. With the growing demand for high-quality animal products and the focus on sustainable and efficient livestock management, biotechnology-based solutions are increasingly integrated into animal feed formulations to enhance animal health and performance.the Other application segment encompasses a variety of industries, including textiles, packaging, and chemicals, where biotechnology-based chemicals are used to develop biopolymers, biodegradable plastics, and bio-based solvents. As industries seek more sustainable alternatives to traditional petroleum-based products, biotechnology-basedchemicals are gaining traction in reducing environmental impacts and supporting circular economy practices.
Global Biotechnology Based Chemicals Market, Segmentation by Geography
In this report, the Global Biotechnology Based Chemicals Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Biotechnology Based Chemicals Market Share (%), by Geographical Region, 2024
In 2023, Europe held the largest share of the global biotechnology-based chemicals market and is expected to maintain a leading position throughout the forecast period. The growth in this region is primarily driven by increasing investments from European Union countries aimed at promoting a green and circular economy. Additionally, European nations are actively encouraging the use of bio-based chemicals, which is anticipated to further boost market demand. The region is also witnessing a decline in the reliance on conventional sources, and the push to shift towards biological sources is expected to propel market growth.
Asia Pacific is projected to be the fastest-growing region in the market. This growth is mainly driven by the shifting consumer preference for bio-based products and the evolving environmental protection policies in the region. The rising adoption of bioplastics by industries, particularly in China, is expected to play a significant role in accelerating the demand for bio-based chemicals.
North America is anticipated to experience substantial growth during the forecast period. Factors such as the growing emphasis on sustainable products, the emergence of low-cost feedstock, and ongoing innovations in the bio-based sector are contributing to the rising demand for bio-based chemicals in the region.
The Rest of the World market is expected to grow at a moderate pace over the forecast period. This region still heavily depends on petroleum-based and conventional sources for chemical production, so the transition to bio-based chemicals will likely occur at a slower rate compared to other regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Biotechnology Based Chemicals Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising Demand for Sustainable and Eco-Friendly Products
- Advancements in Biotechnology and Genetic Engineering
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Increasing Consumer Awareness About Health and Wellness-Increasing consumer awareness about health and wellness is a key driver for the growth of the global biotechnology-based chemicals market. As consumers become more informed about the health impacts of their food, medications, and daily products, there is a growing demand for natural, organic, and bio-based alternatives to synthetic chemicals. This shift is particularly noticeable in the pharmaceutical, food, and beverage sectors, where consumers are actively seeking products that are free from harmful additives and chemicals. Biotechnology-based chemicals, such as bio-derived enzymes, vitamins, amino acids, and preservatives, offer cleaner, more sustainable alternatives that align with these health-conscious consumer preferences. Furthermore, with the increasing trend toward holistic health and preventive care, consumers are turning to nutraceuticals, dietary supplements, and functional foods, many of which rely on bio-based ingredients for their production. This heightened focus on wellness also extends to personal care products, where bio-based chemicals are replacing synthetic fragrances, preservatives, and emulsifiers, offering safer and more environmentally friendly options. As a result, the demand for biotechnology-based chemicals continues to rise as industries strive to meet the growing consumer demand for healthier, safer, and more sustainable products. Additionally, the increasing awareness of the environmental and ecological benefits of biotechnology, such as reduced carbon footprints and sustainable production practices, is further fueling the shift toward bio-based chemicals. This trend is not only influencing consumer purchasing decisions but also driving innovation in the development of new biotechnology-derived solutions, positioning the biotechnology-based chemicals market for continued growth and expansion.
Restraints:
- High Production Costs of Biotechnology-Based Chemicals
- Technical Challenges in Scaling Up Biotechnology Processes
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Limited Raw Material Availability for Bio-Based Chemical Production-Limited raw material availability for bio-based chemical production presents a significant restraint for the global biotechnology-based chemicals market. The production of bio-based chemicals typically relies on renewable resources such as plant-based feedstocks, algae, or microorganisms, which are essential for processes like fermentation or enzymatic reactions. However, the availability of these raw materials can be constrained by factors such as seasonal fluctuations, competition with other industries (such as food production), and environmental conditions that impact crop yields. For example, agricultural feedstocks like corn, sugarcane, or soybeans are commonly used for bio-based chemical production, but their availability can be affected by unpredictable weather patterns, land use changes, and shifts in global demand for food and biofuels. This dependency on natural resources can lead to supply chain volatility, price fluctuations, and a lack of consistent access to the raw materials required for large-scale production. Furthermore, the limited availability of high-quality raw materials can hinder the scalability of bio-based chemical production, preventing the industry from achieving economies of scale that are needed to compete with established petrochemical-based products. As a result, the market faces challenges in meeting the increasing demand for bio-based chemicals while ensuring a stable and sustainable supply of feedstocks. To mitigate these challenges, companies are exploring alternative sources of raw materials, such as waste biomass, agricultural residues, or even engineered microorganisms that can produce bio-based chemicals from a broader range of inputs. However, these alternatives are still under development and may not yet be able to meet the market's growing demands. Thus, raw material limitations continue to be a key challenge for the biotechnology-based chemicals market.
Opportunities:
- Growing Adoption of Bioplastics and Bio-Based Polymers
- Rising Demand for Natural and Organic Ingredients in Pharmaceuticals and Food
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Expanding Applications of Biotechnology in Agriculture and Animal Feed-The expanding applications of biotechnology in agriculture and animal feed present a significant opportunity for the global biotechnology-based chemicals market. Biotechnology is increasingly being adopted in agriculture to develop bio-based chemicals that promote sustainable farming practices, enhance crop yields, and improve resistance to pests, diseases, and environmental stress. Biopesticides, biofertilizers, and plant growth regulators are just a few examples of bio-based products that are revolutionizing modern agriculture. These products offer an eco-friendly alternative to traditional chemical pesticides and fertilizers, which can have harmful environmental and health impacts. As the global demand for organic and sustainably produced food rises, biotechnology-based solutions in agriculture are becoming essential in addressing challenges such as climate change, soil degradation, and the need for higher agricultural productivity. Furthermore, biotechnology is making significant strides in animal feed production, where bio-based additives such as enzymes, probiotics, amino acids, and vitamins are increasingly used to enhance the nutritional value, growth, and health of livestock. These bio-based additives improve feed efficiency, reduce the need for antibiotics, and promote overall animal well-being, aligning with the growing demand for healthier and more sustainable animal products. As consumers become more conscious of the environmental and ethical implications of food production, the biotechnology-based chemicals market stands to benefit from the rising demand for sustainable agricultural and animal feed solutions. Additionally, biotechnology-driven innovations in this sector can lead to cost savings, reduced environmental impact, and improved food security, further driving the adoption of bio-based chemicals. With governments, businesses, and consumers all pushing for greener, more sustainable practices, the expanding role of biotechnology in agriculture and animal feed offers significant growth potential for the biotechnology-based chemicals market.
Competitive Landscape Analysis
Key players in Global Biotechnology Based Chemicals Market include,
- BASF SE (Germany)
- Vertec BioSolvents Inc. (U.S.)
- AGAE Technologies, LLC (U.S.)
- TOTAL (France)
- ADM (U.S.)
- DuPont (U.S.)
- Evonik Industries (Germany)
- Toray Industries, Inc. (Japan)
- Cargill, Incorporated (U.S.)
- GF Biochemicals Ltd. (Italy)
- Mitsubishi Chemical Corporation (Japan)
- DSM (Netherlands)
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Biotechnology Based Chemicals Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand for Sustainable and Eco-Friendly Products
- Advancements in Biotechnology and Genetic Engineering
- Increasing Consumer Awareness About Health and Wellness
- Restraints
- High Production Costs of Biotechnology-Based Chemicals
- Technical Challenges in Scaling Up Biotechnology Processes
- Limited Raw Material Availability for Bio-Based Chemical Production
- Opportunities
- Growing Adoption of Bioplastics and Bio-Based Polymers
- Rising Demand for Natural and Organic Ingredients in Pharmaceuticals and Food
- Expanding Applications of Biotechnology in Agriculture and Animal Feed
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Biotechnology Based Chemicals Market, By Type, 2021 - 2031 (USD Million)
- Bio-Pharma
- Agri-Biotech
- Bio-Informatics
- Global Biotechnology Based Chemicals Market, By Application, 2021 - 2031 (USD Million)
- Pharmaceuticals & Nutrition
- Foods & Beverages
- Agriculture
- Animal Feeds
- Other
- Global Biotechnology Based Chemicals Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Biotechnology Based Chemicals Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE (Germany)
- Vertec BioSolvents Inc. (U.S.)
- AGAE Technologies, LLC (U.S.)
- TOTAL (France)
- ADM (U.S.)
- DuPont (U.S.)
- Evonik Industries (Germany)
- Toray Industries, Inc. (Japan)
- Cargill, Incorporated (U.S.)
- GF Biochemicals Ltd. (Italy)
- Mitsubishi Chemical Corporation (Japan)
- DSM (Netherlands)
- Company Profiles
- Analyst Views
- Future Outlook of the Market