Synthetic Biology Market Overview, Growth Forecast, Demand and Development Research Report to 2025
Category: #health  By Partha Ray  Date: 2019-08-05
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Synthetic Biology Market Overview, Growth Forecast, Demand and Development Research Report to 2025 Adds New Synthetic Biology Market 2019 – 2025 research report providing information and data By Product, By Technology, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 250 Pages with table and figures in it.

Increasing demand for biofuels owing to the depletion of fossil fuels and energy crisis will foster the market growth. Rising per capita consumption of energy resources coupled with increasing disposable income to reduce the carbon footprints, increase the use of renewable energy will propel the demand for synthetic biology market in the forecasted period. Rapid urbanization followed by industrialization which demands the majority of energy sources will boost the industry development over the projected timeframe.

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Europe is expected to exceed USD 18 billion by 2025. Rising demand for synthetic biology in agriculture due to a major change in climate and increasing pollution concern will boost regional growth. Increase in R&D expenditure in clinical research and the presence of a large number of pharmaceutical industries in the region will augment the market share. Increasing awareness among people, rising occurrence of chronic diseases and growth in demand for bio-based products will further proliferate the market development in the region.

Growing concern pertaining to global food security owing to the rising population increased waste during storage, production processes and import & export along with changing climate and environmental stress will boost the market for synthetic biology. Factors such as minimum use of chemical fertilizers for production, better quality food in terms of its nutritional value and better shelf life will augment the synthetic biology across agricultural applications.

Core products are expected to observe CAGR over 25% up to 2025. Increasing applications for synthetic organisms, genes and DNA parts in diagnostics and pharmaceutical product manufacturing will propel the industry expansion. Advancements in technology and reduced cost of DNA synthesis will provide lucrative opportunities for the manufacturers in the forecasted timeframe. Rising demand for improved drug and vaccines and growing applications in bioremediation will propel the industry growth.

Strong business outlook across various industries such as agriculture, healthcare, industrial chemicals, and energy will propel the synthetic biology market. Increasing R&D activities in collaboration with science, engineering, and technology to modify the living organisms through genetic and biological system manipulations will create new avenues for the industry participants. Further, increasing favorable government policies to boost biotechnology sector will create new avenues for industry participants.

Synthetic biology from agriculture is expected to observe CAGR over 24% up to 2025. Necessity to improve the crop yield with limited and contaminated arable land will propel the synthetic biology applications in the agriculture sector. Rising food demand owing to rapidly increasing population coupled with favorable government policies will propel the demand for genetically modified transgenic crops fostering the industry expansion.

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Synthetic biology market is competitive in nature owing to the increasing R&D investment in the biotechnology sector by industry participants to gain market share. Amyris, TeselaGenSyntrox Inc, DNA2.0, Evolva, DSM, Blue Heron, Twist biosciences, Pareto Biotechnologies, Thermo Fischer Scientific, Editas Medicine, Inc., GenScript, Integrated DNA technologies, and Novozymes are the key notable players in the global market. Companies are expected to adopt collaboration strategy to carry out intensive R&D activities for new product development in line with business expansion plans.

Table of Content:

Chapter 1.  Methodology & Scope

Chapter 2.  Executive Summary

Chapter 3. Synthetic Biology Industry Insights

Chapter 4. Synthetic Biology Market, By Product

Chapter 5   Synthetic Biology Market, By Animal Type

Chapter 6. Synthetic Biology Market, By Application

Chapter 7. Synthetic Biology Market, By End-use

Chapter 8. Synthetic Biology Market, By Region

Chapter 9. Company Profiles

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Related Report:

Global Synthetic Biology Market Insights, Forecast to 2025

This study categorizes the global Synthetic Biology breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.


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