The Biotech Ingredient Global Market Report 2023, provides comprehensive information on the biotech ingredient market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/biotech-ingredient-global-market-report
As per The Business Research Company’s Biotech Ingredient Global Market Report 2023, the market size is expected to grow from $53.09 billion in 2022 to $56.76 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global biotech ingredients market size is expected to reach $71.01 billion in 2027 at a CAGR of 5.8%.
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The biotech ingredient market is segmented:
1) By Type: Active Pharmaceutical Ingredients, Biosimilars
2) By Expression Systems: Mammalian Expression Systems, Microbial Expression Systems, Yeast Expression Systems, Plant Expression Systems, Insect Expression Systems
3) By Application: Food And Beverages, Personal Care And Cosmetics, Cleaning Products, Other Applications
Europe was the largest region in the biotech ingredient market in 2022.
The table of contents in TBRC’s biotech ingredient market report includes:
- Executive Summary
- Biotech Ingredient Market Characteristics
- Biotech Ingredient Market Trends And Strategies
- Biotech Ingredient Market – Macro Economic Scenario
- Biotech Ingredient Market Size And Growth
- Biotech Ingredient Market Segmentation
- Biotech Ingredient Market Regional And Country Analysis
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- Biotech Ingredient Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Biotech Ingredient Market
- Biotech Ingredient Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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