Blue Biotechnology Market expands at a CAGR of 10.2% during 2017-2023
Blue Biotechnology Market Report covers the analysis and forecast of the blue biotechnology market on global as well as regional level. The study provides historical data from 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Mn).
The study provides a detailed view of the blue biotechnology market, by segmenting it based on by product type, by application, by end- user and regional demand. Robust growth of drug discovery in the past several years propels the growth for the blue biotechnology’s market. Growing usage of algae along with other bacteria for producing a new drug is another prime factor driving the market demand.
Additionally, extensive use of blue biotechnology’s in end-user industries such as pharmaceutical, research organization, healthcare, and others boost the demand of this market.
Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
The segmentation also includes by product type, by application and end- user in all regions. These include different business strategies adopted by the leading players and their recent developments.
The global blue biotechnology market has been segmented into:
Global Blue Biotechnology Market: By Product Type
• Pharma
• Biofuels
• Food
• Enzymes
• Biopolymers
• Others
Global Blue Biotechnology Market: By Application
• Vaccine development
• Drug finding
• Genomics
• Others
Global Blue Biotechnology Market: By End- User
• Pharmaceutical companies
• Biotechnology companies
• Research organization
• Healthcare center
• Others
Global Blue Biotechnology Market: By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Rest of Europe
• Asia Pacific
o India
o China
o Japan
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o Rest of Middle East and Africa
• Latin America
o Brazil
o Rest of Latin America
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