Marine Biotechnology Market Industry Size, Share and Forecast 2028

Summary

Report Description

The Global Marine Biotechnology Market is anticipated to witness an impressive growth during the forecast period. This can be ascribed to the growing demand for natural products from marine derived like seaweed related product and increasing investments in the development of sustainable and natural products. Additionally, increasing advancement in the areas of fisheries, drug discovery and aquaculture are expected to boost the market growth in the forecast period. Additionally, increasing demand for different efficient therapeutics to deliver quality care is further propel the marine biotechnology market in the forecast period. Marine derived drugs are developed for the treatment of different chronic diseases such as cardiovascular disease, neurological disorder. Besides, growing consumer awareness and increasing emphasis on eco-friendly products is further enhancing the demand of marine biotechnology. Furthermore, growing demand for agricultural industries for pesticides, plant growth regulators and seed coated fungicides are another factor which will propel the growth of the marine biotechnology market during the forecast period. In 2020, some 223.2 thousand pounds of the fungicide mancozeb were applied to onion crops in the United States.

Growing Demand from Energy Sector

Increasing demand of energy supply across the globe is a major factor for market growth and marine biotechnology can make an important contribution on energy production in very different ways. Microbial Enhanced Oil Recovery is a bio-based product to enhance the recovery efficiency of fossil oil reserves and can help to increase the life of mature oil reservoirs. Microalgae cultivation for bio-energy generation is a major issue and one of marine biotechnology's main goals. Thus, owing to these factors are expected to boost the market growth during the forecast period. In 2021, U.S. ethanol production totalled about 15 billion gallons and combined biodiesel/renewable diesel production totaled about 2.5 billion gallons. Also, expanding knowledge and understanding of marine resources due to recent advances in science and technology has driven the growth of the market during the forecasted year.

Growing usage in food, cosmetic and other industry

Increasing usage of marine products in food, cosmetics and agriculture industries propel the market growth during the forecast period. Ingredients derived from marine biotechnology provide a unique and instant solution to classic beauty concerns. Marine microorganisms are useful and enzyme secretion by them are more beneficial than other enzymes which is used in creation of cosmetic products like Vitamin C, moisturizers and anti-aging cream, etc. Increasing developments in medication research, fisheries and aquaculture are expected to propel the market growth during the forecast period. Ongoing advances, emerging technologies like bioprocessing and phenomics, and nutritional and sustainability benefits are expected to play a vital role in pushing overall adoption of microalgae in the food supplement and nutraceuticals industries. New discoveries and development of marine peptides will drive growth of peptide therapeutics in the coming years. The beauty and personal care market in the United States is worth approximately $84 billion. As such, the United States accounts for 22% of the value of the global cosmetics industry.

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Market Segmentation

The Global Marine Biotechnology Market can be segmented by type, technology, application, end user industry and by region. Based on type, the market can be divided into Bioactive Substance and Biomaterials. Based on technology, the market can be divided into Isolation and Cultivation of Microorganisms and Culture-Independent Techniques. Based on application, the market can be grouped into Aquaculture and Food Products, Environment & Human Health, Drug Discovery, and Others. Based on End User Industry, the market can be differentiated into Biotechnology & Pharmaceuticals, Chemicals, Cosmetic, and Others. Regionally, North America dominated the market among Asia Pacific, Europe, Middle East & Africa, and South America. Among the different countries, United States dominated The Global Marine Biotechnology Market on account of growing usage of marine products in food, cosmetics industry in the country.

Market Players

Lonza Group AG, Sea Run Holdings Inc, PharmaMar S.A., Cyanotech Corporation, New England Biolabs Inc., Qingdao Codo International Ltd, Nutrex Hawai Inc., Royal DSM N.V.,Prolume Ltd., CP Kelco US Inc. are some of the leading players operating in the Global Marine Biotechnology Market.

Recent Development

For instance, in July 2021, a team of scientists from the National Institute of Ocean Technology, India, developed an anti-aging ingredient for making cosmetics with the help of deep-sea bacteria.
For instance, Bluu Biosciences, a biotech company with headquarters in Germany, got around EUR 7 million in March 2021 to develop premium, sustainable fish products from cell cultures.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	By Type By Technology By Application By End User Industry By Region
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE
Key companies profiled	Lonza Group AG, Sea Run Holdings Inc, PharmaMar S.A., Cyanotech Corporation, New England Biolabs Inc., Qingdao Codo International Ltd, Nutrex Hawai Inc., Royal DSM N.V.,Prolume Ltd., CP Kelco US Inc.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global marine biotechnology market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Marine Biotechnology Market, By Type:

o Bioactive Substance

o Biomaterials

· Marine Biotechnology Market, By Technology:

o Isolation and Cultivation of Microorganisms

o Culture-Independent Techniques

Marine Biotechnology Market, By Application:

o Aquaculture and Food Products

o Environment & Human Health

o Drug Discovery

o Others

· Marine Biotechnology Market, By End User Industry:

o Biotechnology & Pharmaceuticals

o Chemicals, Cosmetic

o Others

· Marine Biotechnology Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ Germany

§ United Kingdom

§ Italy

§ Spain

o Asia Pacific

§ China

§ India

§ Japan

§ South Korea

§ Australia

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Marine Biotechnology Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Marine Biotechnology Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Marine Biotechnology Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type (Bioactive Substance v/s Biomaterials)

5.2.2. By Technology (Isolation and Cultivation of Microorganisms v/s Culture-Independent Techniques)

5.2.3. By Application (Aquaculture and Food Products, Environment & Human Health, Drug Discovery, Others)

5.2.4. By End User Industry (Biotechnology & Pharmaceuticals, Chemicals, Cosmetic, Others)

5.2.5. By Region

5.2.6. By Company (2022)

5.3. Market Map

5.3.1. By Type

5.3.2. By Technology

5.3.3. By Application

5.3.4. By End User Industry

5.3.5. By Region

6. North America Marine Biotechnology Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Technology

6.2.3. By Application

6.2.4. By End User Industry

6.2.5. By Country

6.3. North America: Country Analysis

6.3.1. United States Marine Biotechnology Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type

6.3.1.2.2. By Technology

6.3.1.2.3. By Application

6.3.1.2.4. By End User Industry

6.3.2. Canada Marine Biotechnology Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Type

6.3.2.2.2. By Technology

6.3.2.2.3. By Application

6.3.2.2.4. By End User Industry

6.3.3. Mexico Marine Biotechnology Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Type

6.3.3.2.2. By Technology

6.3.3.2.3. By Application

6.3.3.2.4. By End User Industry

7. Europe Marine Biotechnology Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Technology

7.2.3. By Application

7.2.4. By End User Industry

7.2.5. By Country

7.3. Europe: Country Analysis

7.3.1. France Marine Biotechnology Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Technology

7.3.1.2.3. By Application

7.3.1.2.4. By End User Industry

7.3.2. Germany Marine Biotechnology Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Technology

7.3.2.2.3. By Application

7.3.2.2.4. By End User Industry

7.3.3. United Kingdom Marine Biotechnology Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Technology

7.3.3.2.3. By Application

7.3.3.2.4. By End User Industry

7.3.4. Italy Marine Biotechnology Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type

7.3.4.2.2. By Technology

7.3.4.2.3. By Application

7.3.4.2.4. By End User Industry

7.3.5. Spain Marine Biotechnology Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type

7.3.5.2.2. By Technology

7.3.5.2.3. By Application

7.3.5.2.4. By End User Industry

8. Asia-Pacific Marine Biotechnology Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Technology

8.2.3. By Application

8.2.4. By End User Industry

8.2.5. By Country

8.3. Asia-Pacific: Country Analysis

8.3.1. China Marine Biotechnology Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Technology

8.3.1.2.3. By Application

8.3.1.2.4. By End User Industry

8.3.2. India Marine Biotechnology Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Technology

8.3.2.2.3. By Application

8.3.2.2.4. By End User Industry

8.3.3. Japan Marine Biotechnology Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Technology

8.3.3.2.3. By Application

8.3.3.2.4. By End User Industry

8.3.4. South Korea Marine Biotechnology Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type

8.3.4.2.2. By Technology

8.3.4.2.3. By Application

8.3.4.2.4. By End User Industry

8.3.5. Australia Marine Biotechnology Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Type

8.3.5.2.2. By Technology

8.3.5.2.3. By Application

8.3.5.2.4. By End User Industry

9. South America Marine Biotechnology Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Technology

9.2.3. By Application

9.2.4. By End User Industry

9.2.5. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Marine Biotechnology Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Technology

9.3.1.2.3. By Application

9.3.1.2.4. By End User Industry

9.3.2. Argentina Marine Biotechnology Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Technology

9.3.2.2.3. By Application

9.3.2.2.4. By End User Industry

9.3.3. Colombia Marine Biotechnology Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Technology

9.3.3.2.3. By Application

9.3.3.2.4. By End User Industry

10. Middle East and Africa Marine Biotechnology Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Technology

10.2.3. By Application

10.2.4. By End User Industry

10.2.5. By Country

10.3. MEA: Country Analysis

10.3.1. South Africa Marine Biotechnology Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type

10.3.1.2.2. By Technology

10.3.1.2.3. By Application

10.3.1.2.4. By End User Industry

10.3.2. Saudi Arabia Marine Biotechnology Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type

10.3.2.2.2. By Technology

10.3.2.2.3. By Application

10.3.2.2.4. By End User Industry

10.3.3. UAE Marine Biotechnology Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type

10.3.3.2.2. By Technology

10.3.3.2.3. By Application

10.3.3.2.4. By End User Industry

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Recent Developments

12.2. Mergers & Acquisitions

12.3. Product Launches

13. Competitive Landscape

13.1. Business Overview

13.2. Product Offerings

13.3. Recent Developments

13.4. Financials (As Reported)

13.5. Key Personnel

13.6. SWOT Analysis

13.6.1. Lonza Group AG

13.6.2. Sea Run Holdings Inc

13.6.3. PharmaMar S.A.

13.6.4. Cyanotech Corporation

13.6.5. New England Biolabs Inc.

13.6.6. Qingdao Codo International Ltd

13.6.7. Nutrex Hawai Inc.

13.6.8. Royal DSM N.V.,

13.6.9. Prolume Ltd.

13.6.10. CP Kelco US Inc.

14. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the major drivers for the Global Marine Biotechnology Market?

Increasing the usage of marine products in different industries and increasing demand for marine derived nutritional supplements are some of the major factors driving the growth of global marine biotechnology market.

Who are the top players operating in the Global Marine Biotechnology Market?

Lonza Group AG, Sea Run Holdings Inc, PharmaMar S.A., Cyanotech Corporation, New England Biolabs Inc., Qingdao Codo International Ltd, Nutrex Hawai Inc., Royal DSM N.V.,Prolume Ltd., and CP Kelco US Inc. are some of the leading players operating in the Global Marine Biotechnology Market.