The global white biotechnology market is projected to reach $xx Billion with a CAGR of xx% during the forecast period. Increasing awareness and acceptance of eco-friendly technologies in several industries is anticipated to expand the global white biotechnology market size. Use of developing technologies across the world in several industries, on account of benefits of raw material usage, less waste generation, reduced cost of manufacturing, effective methods of production, new chains of eco-friendly raw material is estimated to boost the growth of white biotechnology industry.

Rising adoption of enzyme technology plays a major role in the development of white biotechnology market. Usage of enzyme technology in industries is increasing and driving the demand for white biotechnology industry. During the manufacturing process of enzymes, it includes the recombinant expression in organisms such as yeast and bacteria recovery, formulation and fermentation. Nowadays, enzyme technology accepted instead of chemical technology will substantially propel the global white biotechnology market growth.

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The global white biotechnology industry is segmented by product type with Biomaterial, bioproducts, biochemical and biofuel being the main ones present in the market. Researchers have projected that demand for biofuel will remain strong during the forecast period. Biofuels accounted for approximately 40% of revenue in alliance with government rule of combining energy sources involving gasoline and diesel. A large amount of biofuel is produced in European countries. On the basis of application, it is divided into chemicals, feed additives, bioenergy, and food additives.

Apart from the chemical industry white biotechnology is also moving towards the textile industry. The environment-friendly application of white biotechnology in the textile industry is wet processing. Enzymes are used for processing of dye since ages. The best example of white biotechnology in wet processing is its application in removing stains from woven fabrics with the help of enzymatic starch. The main advantage of using enzyme is that it is biodegradable and avoids the use of toxic substances and chemicals.

Geographically, regions involved in the development of white biotechnology market share are Europe, North America, Latin America, Asia Pacific, and Middle East & Africa. North America is leading the market accounting for a revenue share of approximately 40% of white biotechnology market, followed by Europe. Asia Pacific is a rapidly growing region, owing to the increasing value for sustainable products such as enzymes and biochemical. For biochemical products, China is the prime market which is competing with North America and Europe.

Players focusing on the development of white biotechnology industry are Solazyme Inc., Novozymes, Global Bioenergies, Amyris, BioAmber, Metabolic Explorer, Deinove, Evolva, Fermentlag, Codexis and many more. In India, Novozymes is leading the market for sustainable development in the coming years.

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