Marine Biotechnology Market

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.

Marine Biotechnology Market contains market size and forecasts of Marine Biotechnology in Global, including the following market information:

• Global Marine Biotechnology Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Marine Biotechnology market was valued at 5348.5 million in 2021 and is projected to reach US$ 7002.2 million by 2028, at a CAGR of 3.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Marine Animal Technolog Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Marine Biotechnology include Marinova, NEB, BiotechMarine, GlycoMar, Marine Biotech, Nofima, Sams and Aquapharm, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ millions)

Global Marine Biotechnology Market Segment Percentages, by Type, 2021 (%)

• Marine Animal Technolog
• Marine Plant Technology

Global Marine Biotechnology Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Marine Biotechnology Market Segment Percentages, by Application, 2021 (%)

• Cosmetics
• Pharmaceuticals
• Fine Chemical
• Nutritional Supplements

Global Marine Biotechnology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Marine Biotechnology Market Segment Percentages, By Region and Country, 2021 (%)

• 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, 2017-2022 (estimated), ($ millions)
• Key companies Marine Biotechnology revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Marinova
• NEB
• BiotechMarine
• GlycoMar
• Marine Biotech
• Nofima
• Sams
• Aquapharm