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Biotech Ingredients Market to be worth US$ 34,057.4 million by 2030

According to the Market Statsville Group (MSG), the global biotech ingredient market was valued at USD 23,405.7 million in 2021 and is anticipated to generate USD 34,057.4 million by 2030. The market is projected to grow at a CAGR of 4.8% from 2022 to 2030. Biotech ingredients are experiencing high demand over the synthetic ingredients marking a huge shift in the consumer base. This is attributed to a rise in the awareness among consumers regarding the health benefits of organic and herbal medicines.

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Biotech Ingredients Market to be worth US$ 34,057.4 million by 2030

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  1. Market Research Report EXCLUSIVE EDITION Global Biotech Ingredients Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  2. Global Biotech Ingredients Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  5. Biotech Ingredients Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Biotech Ingredients Market by Type (Active Pharmaceutical Ingredients and Biosimilars), by Product (Vaccines, Cytokines, Monoclonal Antibodies, and Blood Factors), by Expression Systems, by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global biotech ingredient market was valued at USD 23,405.7 million in 2021 and is anticipated to generate USD 34,057.4 million by 2030. The market is projected to grow at a CAGR of 4.8% from 2022 to 2030. Biotech ingredients are experiencing high demand over the synthetic ingredients marking a huge shift in the consumer base. This is attributed to a rise in the awareness among consumers regarding the health benefits of organic and herbal medicines. Furthermore, the use of generic medicines has also increased significantly. Current stress, lifestyles, and working habits have led to the various health disease concerns, which act as a driving factor for the generic medicines. An increase in the demand for generic medicines has also led to an increase in the shift toward biotech ingredients. Additionally, the rise in consumption in the food & beverages industry and various health supplements also drive the growth of the biotech ingredients market. However, the unavailability of raw materials is hampering the market growth of the biotech ingredients market. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  6. Request Sample Copy of this Report: https://www.marketstatsville.com/request- sample/biotech-ingredients-market Global Biotech Ingredients Market Definition Biotech ingredients are compounds that consist of components with essential oils, natural extracts, and bio-engineered substances. These compounds are found in plants, micro-organisms, animals, and any natural living organisms Global Biotech Ingredients Market Dynamics Drivers: Shift in consumer preference from synthetic to bio-based ingredients Consumers are more aware of the basis of personal care items, herbs, and scented products and the process of their synthesis. There has been a notable rise in awareness related to the harmful effects of such products on self and the environment. This has led to a certain shift of consumption pattern from synthetic-based products to herbal and organic-based products. Such a shift significantly affects demand for biotech products, propelling the industry toward growth. Moreover, the rise in cases of chronic ailments such as cancer has also led to a shift in consumer trends toward natural as well as organic products. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

  7. Restraints: Limited availability of raw materials The raw material used in production process of biotech ingredients is mainly expression systems, which are from mammals, microbes, insects, plants, or yeast. Microbial systems are easily and abundantly available, followed by plants. However, several restrictions on mammalian and insect expression systems limit growth in those segments. This leads to a scarcity of raw material, which further escalates production as well as the final cost of the product. Thus, the limited availability of raw materials restrains the market growth. Opportunities: Favorable government policies and technological advancements in bio- engineering Growth in acceptance of biopharmaceuticals is expected to create various opportunities to grow the biotech ingredient market. Governments have to offer policies that favor producers and bring down production costs. Moreover, the approval process for synthesized products is much easier as biotechnologically produced products require additional approvals for long periods. Hence, fast-track approval processes and favorable policies can open wide opportunities for market growth. Global Biotech Ingredients Market Segmentation The study categorizes the biotech ingredients market based on type, product, and expression systems at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/biotech- ingredients-market?opt=2950 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

  8. By Type Outlook (Sales, USD Million, 2017- 2030) •Active Pharmaceutical Ingredients •Biosimilars By Product Outlook (Sales, USD Million, 2017- 2030) •Monoclonal Antibodies •Vaccines •Hormones and Growth Factors •Cytokines •Fusion Proteins •Therapeutic Enzymes •Blood Factors By Expression Systems Outlook (Sales, USD Million, 2017-2030) •Mammalian Expression Systems •Microbial Expression Systems •Yeast Expression Systems •Plant Expression Systems •Insect Expression Systems © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

  9. By Region Outlook (Sales, USD Million, 2017-2030) •North America • US • Canada • Mexico •Europe • Germany • Italy • France • UK • Spain • Poland • Russia • The Netherlands • Norway • Czech Republic • Rest of Europe •Asia Pacific • China • Japan • India • South Korea • Indonesia • Malaysia • Thailand • Singapore • Australia & New Zealand • Rest of Asia Pacific © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

  10. •South America • Brazil • Argentina • Colombia • Rest of South America •The Middle East & Africa • Saudi Arabia • UAE • South Africa • Northern Africa • Rest of MEA The active pharmaceutical ingredients segment is projected to account for the largest market share, by type Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/biotech-ingredients-market By type, the global biotech ingredients market is classified into active pharmaceutical ingredients and biosimilars. In 2021, the active pharmaceutical ingredients segment accounted for the largest market share of 59.1% in the global biotech ingredients market. Active pharmaceutical ingredients (APIs) are substances or combinations of various substances used in final or finished products. They are intended to be used for pharmacology activities to study the adverse effects of a drug on living beings in case of many diseases. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

  11. API form used in a formulation is often the most thermodynamically stable crystalline form. The quality of APIs exhibits a significant effect on the efficacy and safety of medications. Poorly manufactured, low quality, and compromised APIs may lead to serious issues such as illnesses or death. APIs are the most important content of any medication as they contain effective antibodies that induce the treatment process. Biotech ingredients are in demand for their organic nature, and thus, APIs made from natural sources are experiencing growth. Asia Pacific accounts for the highest CAGR during the forecast period Based on the regions, the global biotech ingredients market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR of 5.2% in the global biotech ingredients market during the forecast period. The Asia-Pacific biotech ingredients market is analyzed across China, Japan, India, Australia, South Korea, Sweden, and rest of Asia-Pacific. China is the dominant country in the region in terms of market share, followed by India. South Korea garners the lowest share in the market. Asia-Pacific is a large producer of medicines, which drives demand for biotech ingredients. The rise in demand for biotech ingredients in medical, food & beverages, personal care, and cosmetics drives demand for biotech ingredients because they are organic and environment friendly. Request For Report Description: https://www.marketstatsville.com/biotech-ingredients- market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

  12. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com

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