Marine biotechnology is an innovative field of research in science and engineering that encompasses the use of marine bioresources for a multitude of applications, including the production of food, fuel, materials or specific, often bioactive, compounds and may contribute to green growth and sustainable industries and prosperous communities.Marine biotechnological advancements have already resulted in some successes in diverse fields, including human health, pharmacology, fisheries, environmental recovery or restoration, food and cosmetics industries, agriculture and chemistry. Examples of applications resulting from biotechnological developments include the use of (micro- and macro-) algae for the production of biofuels and the production of marine-derived polysaccharides, which are one of the most abundant renewable biomaterials found on land and in the oceans.
This report aims to provide a comprehensive presentation of the global market for Marine Biotechnology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Biotechnology. This report contains market size and forecasts of Marine Biotechnology in global, including the following market information:
- Global Marine Biotechnology Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
The global Marine Biotechnology market was valued at US$ 5348.5 million in 2022 and is projected to reach US$ 7002.2 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Marine Biotechnology market include Nofima, Sams, Aquapharm etc., and the market concentration rate is low. North America and Europe are main markets, they occupy over 60% of the global market. Marine Plant Technology is the main type, with a share about 60%. Pharmaceuticals and Nutritional Supplements are two key applications, they hold a share over 60%.
We surveyed the Marine Biotechnology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Biotechnology Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Marine Biotechnology Market Segment Percentages, by Type, 2022 (%)
- Marine Animal Technolog
- Marine Plant Technology
Global Marine Biotechnology Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Marine Biotechnology Market Segment Percentages, by Application, 2022 (%)
- Cosmetics
- Pharmaceuticals
- Fine Chemical
- Nutritional Supplements
Global Marine Biotechnology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Marine Biotechnology Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Marine Biotechnology revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Marine Biotechnology revenues share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Marinova
- NEB
- BiotechMarine
- GlycoMar
- Marine Biotech
- Nofima
- Sams
- Aquapharm
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Marine Biotechnology, market overview.
- Chapter 2: Global Marine Biotechnology market size in revenue.
- Chapter 3: Detailed analysis of Marine Biotechnology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Marine Biotechnology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
