GLOBAL MARINE BIOTECHNOLOGY MARKET FORECAST 2018-2026

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GLOBAL MARINE BIOTECHNOLOGY MARKET FORECAST 2018-2026

The Global Marine Biotechnology market is anticipated to grow from $4532 million in 2017 to $7321 million by 2026, exhibiting a CAGR of 5.59% between the forecast years of 2018-2026. Marine organisms contain molecules which are not seen in the terrestrial environment, but which may prove helpful for developing new drugs for several diseases. The Marine Biotechnology market is primarily driven by the following factors:

GLOBAL MARINE BIOTECHNOLOGY MARKET FORECAST 2018-2026

Global Marine Biotechnology Market by Product(Biomaterial Market, Bioactive Substances, Others) by End User (Healthcare/biotechnology, Consumers Products, Energy & Infrastructure, Industrial Products, Others) by Technology (Culture Independent Techniques, Enrichment, Isolation and Cultivation of Microorganisms, Large Scale Implementation) & by Geography

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The Global Marine Biotechnology market is anticipated to grow from $4532 million in 2017 to $7321 million by 2026, exhibiting a CAGR of 5.59% between the forecast years of 2018-2026. Marine organisms contain molecules which are not seen in the terrestrial environment, but which may prove helpful for developing new drugs for several diseases. The Marine Biotechnology market is primarily driven by the following factors:

  • Marine biotechnology is majorly used in the cosmetic industry
  • Marine biomaterial: new emerging area of research
  • Developing healthcare sector

Global Marine Biotechnology Market

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The important driver increasing growth in the global marine biotechnology market is the developing healthcare sector. Various marine bioactive compounds are being developed into new drugs to treat cancer and pain.

The product segment of the marine biotechnology market is growing rapidly due to the booming healthcare industry. Biomaterials are used to replace soft or hard tissues which are destroyed or damaged. There is remarkable research going on biomaterial and its use in a broad range of applications like orthopedics, ophthalmic, wound healing, dental and cardiovascular application. Marine bioactive compounds are organic compounds produced by microbes, gorgonians, sponges, soft and hard corals seaweeds, and other marine organisms. These substances are the interest of research industries for new chemicals and drugs. Many marine organisms provide useful drugs. For instance, liver oil from fish enables rich sources of vitamins D, and A. Insulin can be extracted from tuna fish, whales, and a red alga. Algae and seaweeds are a source of omega-3 fatty acids.Omega-3 fatty acids EPA and DHA are known to minimize the risk of early death.

 Lack of research in oceans is restraining the growth of the marine biotechnology market. Life in the ocean, where development starts contains more key taxonomic groups (phyla); which have separate evolutionary path than those observed on the land. There is a limited knowledge regarding ocean bioresources, especially those in the deep ocean. Such complexities in terms of the innovation of marine bioresources significantly challenge the market growth. Thus, there is a need for new infrastructure and novelty of models in this market.

The Global marine biotechnology market segments include Products, Technology and End users.

Products are segmented into:

  • Biomaterial
  • Bioactive substances
  • Others

End users are segmented into:

  • Industrial products
  • Healthcare/Biotechnology
  • Consumers’ products
  • Energy & Infrastructure
  • Others

Technology is segmented into:

  • Culture-independent techniques
  • Enrichment, isolation and cultivation of microorganisms
  • Large-scale implementation

This report covers the present market conditions and the growth prospects of the global marine biotechnology market for 2018-2026 and considered the revenue generated through the sales of marine biotechnology for products as well as end users.

Geographically, the global marine biotechnology market has been segmented on the basis of four major regions, which include:

The marine biotechnology market in North America is expected to hold the largest share by 2026, owing to the increasing growth of biomaterial-based medical applications such as knee implants, bone morph genic proteins, artificial ligaments, bone plates, and dental implants. Extensive research for marine biofuels has propelled the market of marine biotechnology in the North American countries. On the other hand, the Asia-Pacific market is anticipated to the fastest-growing region for the marine biotechnology market. Huge exports of marine food products dominate the Asia Pacific Marine biotechnology market. China is the world’s largest exporter of seafood; with 12% of share in total seafood exports globally. Other factors driving the marine biotechnology market are a huge amount of research prevailing for marine biodiscovery and new molecule identification.

The marine biotechnology market is segmented on the basis of end-users, who are further classified into industrial products, healthcare/biotechnology, consumer products, energy & infrastructure and others. The marine biotechnology market is also segmented based on the basis of technology which is sub-divided into culture-independent techniques, enrichment, isolation and cultivation of microorganisms and large-scale implementation. Culture-independent techniques such as functional based screening, small microsomal RNA (rRNA), gel microdroplets and others are extensively utilized in the identification of strains of microorganisms within an hour, without the need to culture or grow the organism in the laboratory. Enrichment, isolation and cultivation technology or simply culture based technology involves isolation of microbes by separating them from other species and preparation of pure culture with the help of enrichment media (both synthetic and non-synthetic) to favour their growth. Large-scale implementation involves culturing the marine microorganisms for the mass production of bioactive, biomaterials for commercial utilization with the help of bioreactors.

The major market players in the global marine biotechnology market are:

  • Aker bio marine
  • BASF
  • Abbott
  • Lonza
  • New England Biolabs

Company Profiles covers analysis of important players.

Aker Bio-marine is a Norwegian company, established as an independent entity in 2006. Headquarter of the company is located in Oslo, Norway.  The company deals with krill-based nutrition supplements, pet food, and aquaculture products. The company has its presence in the US, Europe, India, China, and Australia. Another company, BASF SE, is the largest chemical producer in the world. The company was founded in 1865 and is headquartered in Ludwigshafen, Germany. The company employs more than 112,000 employees worldwide. The company has a wide range of products, and it mainly deals in sectors like chemical, plastics, crop technology, and crude oil & natural gas.

Key Findings of the Global Marine biotechnology market:

  • North America holds the largest market share
  • Asia-Pacific is the fastest growing region
  • Rising consumption of the marine biotechnology products in healthcare and biotechnology
  • Growing adoption of the marine biotechnology
  • Positive trend in biotech R&D expenditure
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
    • ESTIMATION METHODOLOGY
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • NORTH AMERICA HOLDS THE LARGEST MARKET SHARE
      • ASIA PACIFIC IS THE FASTEST GROWING REGION
      • RISING CONSUMPTION OF THE MARINE BIOTECHNOLOGY PRODUCTS IN HEALTHCARE AND BIOTECHNOLOGY
      • GROWING ADOPTION OF MARINE BIOTECHNOLOGY
      • POSITIVE TREND IN BIOTECH R&D EXPENDITURE
  1. MARKET DETERMINANTS
    • DRIVERS
      • MARINE BIOTECHNOLOGY IS MAJORLY USED IN COSMETIC INDUSTRY
      • MARINE BIOMATERIAL: NEW EMERGING AREA OF RESEARCH
      • DEVELOPING HEALTHCARE SECTOR
    • RESTRAINTS
      • LACK OF RESEARCH IN OCEANS
      • COMPLEXITIES IN THE INNOVATION OF MARINE BIO RESOURCES
    • OPPORTUNITIES
      • POSITIVE TREND TOWARDS ORGANIC COSMETICS
      • MOUNTING DEMAND FOR ECO-FRIENDLY VIABLE PRODUCTS
    • CHALLENGES
      • DIFFICULTY TO DEPLOY PRODUCTION PLANTS ACROSS VARIOUS REGIONS
      • SAFETY IN AQUATIC OCEANS
  1. MARINE BIOTECHNOLOGY MARKET BY APPLICATION
    • MARINE AQUACULTURE
    • MARINE NATURAL PRODUCTS FOR MEDICINE
    • MARINE NUTRACEUTICALS
    • MARINE BIOMATERIALS
    • MARINE BIOENERGY
    • MARINE BIOREMEDIATION
  2. MARKET SEGMENTATION
    • MARKET BY PRODUCT 2018-2026
      • BIOMATERIAL MARKET
      • BIOACTIVE SUBSTANCES
      • OTHERS
    • MARKET BY END USER 2018-2026
      • HEALTHCARE/BIOTECHNOLOGY
      • CONSUMERS PRODUCTS
      • ENERGY & INFRASTRUCTURE
      • INDUSTRIAL PRODUCTS
      • OTHERS
    • MARKET BY TECHNOLOGY 2018-2026
      • CULTURE INDEPENDENT TECHNIQUES
      • ENRICHMENT, ISOLATION AND CULTIVATION OF MICROORGANISMS
      • LARGE SCALE IMPLEMENTATION
  1. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
      • BARGAINING POWER OF BUYER
      • BARGAINING POWER OF SUPPLIER
      • INTENSITY OF COMPETITIVE RIVALRY
    • ETYMOLOGY OF MARKET
      • EVOLUTION AND TRANSITION
      • INDUSTRY STRUCTURE
    • KEY BUYING CRITERIA
    • OPPORTUNITY ANALYSIS
    • REGIONAL INVESTMENT OUTLOOK
    • SECTORWISE INVESTMENT OUTLOOK
    • REVENUE ANALYSIS
    • VENDOR LANDSCAPE
  2. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES (U.S.)
      • CANADA
    • EUROPE
      • UNITED KINGDOM(UK)
      • FRANCE
      • GERMANY
      • ITALY
      • SPAIN
      • NORDICS
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • SOUTH KOREA
      • REST OF APAC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST AND NORTH AFRICA
      • REST OF AFRICA
  1. COMPANY PROFILE
    • COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
      • STRATEGIC MOVES
    • ABBOTT
    • AKER BIOMARINE
    • BASF SE
    • BIOLUME INC.
    • BIOTECH MARINE (SUBSIDIARY OF AIR LIQUID GROUP)
    • CP KELCO
    • CYANOTECH CORPORATION
    • FMC HEALTH AND NUTRITION
    • FMC GEOMARINE BIOTECH
    • LONZA GROUP LTD.
    • MARINOVA
    • NEW ENGLAND BIOLABS, INC.
    • NUTREX HAWAII INCORPORATED
    • PHARMAMARA.
    • PHYCO BIOTECH SAS
    • PROLUME LTD
    • QINGDAO CODO INTERNATIONAL LTD
    • SEPPIC SA
    • SEA RUN HOLDING

LIST OF TABLES

TABLE 1       GLOBAL MARINE BIOTECHNOLOGY MARKET BY GEOGRAPHY 2018-2026($ MILLION)

TABLE 2       COUNTRIES AND THEIR MARINE BIOTECHNOLOGY RESEARCH PRIORITIES

TABLE 3       INDICATION OF DRUGS IN MARINE BIOTECHNOLOGY

TABLE 4       ACTIVITY OF THE MARINE BIOTECHNOLOGY DRUGS

TABLE 5       GLOBAL MARINE BIOTECHNOLOGY BY PRODUCT MARKET 2018-2026 ($MILLION)

TABLE 6       APPLICATION OF MARINE PRODUCTS IN THE MARKET

TABLE 7       GLOBAL BIOMATERIAL MARKET BY GEOGRAPHY 2018-2026($MILLION)

TABLE 8       GLOBAL BIOACTIVE SUBSTANCES MARKET BY GEOGRAPHY 2018-2026 ($MILLION)

TABLE 9       GLOBAL OTHERS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 10     GLOBAL MARINE BIOTECHNOLOGY MARKET BY END USER 2018-2026 ($ MILLION)

TABLE 11     COMMONLY USED PRODUCTS IN HEALTHCARE WITH PRICE PER UNITS

TABLE 12     APPLICATION OF MARINE BIOPRODUCTS IN HEALTHCARE AND RESEARCH

TABLE 13     GLOBAL HEALTHCARE/BIOTECHNOLOGY MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 14     APPLICATIONS OF MARINE BIOTECHNOLOGY IN FOOD INDUSTRY

TABLE 15     GLOBAL CONSUMER PRODUCTS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 16     COST OF BIOFUEL PRODUCTION TODAY AND FUTURE ESTIMATE

TABLE 17     GLOBAL PUBLIC SERVICE & INFRASTRUCTURE MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 18     CHARACTERISTICS AND APPLICATIONS OF VARIOUS ORGANISM

TABLE 19     GLOBAL INDUSTRIAL PRODUCTS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 20     GLOBAL OTHER APPLICATION MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 21     GLOBAL MARINE BIOTECHNOLOGY MARKET BY TECHNOLOGY 2018-2026 ($ MILLION)

TABLE 22     GLOBAL CULTURE INDEPENDENT TECHNIQUES APPLICATION MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 23     GLOBAL ENRICHMENT, ISOLATION AND CULTIVATION OF MICROORGANISMS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 24     GLOBAL LARGE SCALE IMPLEMENTATION MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 25     NORTH AMERICA MARINE BIOTECHNOLOGY MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 26     INSTITUTES/UNIVERSITIES/ INFRASTRUCTURES AND THEIR RESEARCH AREA ON MARINE BIOTECHNOLOGY IN CANADA

TABLE 27     EUROPE MARINE BIOTECHNOLOGY MARKET, BY COUNTRIES, 2018-2026 ( $ MILLION)

TABLE 28     ASIA PACIFIC MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

TABLE 29     COLLABORATION OPPORTUNITIES IN THE INDIAN INDUSTRIES

TABLE 30     ROW MARINE BIOTECHNOLOGY MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

LIST OF FIGURES

FIGURE 1     AQUACULTURE PRODUCTION IN ASIAN COUNTRIES IN 2015 (MILLION METRIC TONS)

FIGURE 2     DEMAND FOR BIOFUEL (BILLION GALLONS)

FIGURE 3     AQUACULTURE PRODUCTION ACROSS VARIOUS REGIONS 2010-2015 (TONS)

FIGURE 4     EXPLOITATION OF MARINE FISH STOCKS (IN %)

FIGURE 5     GLOBAL BIOMATERIAL MARKET 2018-2026 ($MILLION)

FIGURE 6     GLOBAL BIOACTIVE SUBSTANCES MARKET2018-2026 ($MILLION)

FIGURE 7     GLOBAL OTHERS PRODUCT MARINE BIOTECHNOLOGY 2018-2026 ($ MILLION)

FIGURE 8     GLOBAL HEALTHCARE/BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 9     GLOBAL MARINE BIOTECHNOLOGY CONSUMER PRODUCTS MARKET 2018-2026 ($ MILLION)

FIGURE 10   GLOBAL MARINE ENERGY & INFRASTRUCTURE MARKET 2018-2026 ($ MILLION)

FIGURE 11   GLOBAL INDUSTRIAL PRODUCT MARKET 2018-2026 ($ MILLION)

FIGURE 12   GLOBAL OTHER MARKET BY APPLICATION 2018-2026 ($ MILLION)

FIGURE 13   GLOBAL CULTURE INDEPENDENT TECHNIQUES MARKET 2018-2026 ($ MILLION)

FIGURE 14   GLOBAL ENRICHMENT, ISOLATION AND CULTIVATION OF MICROORGANISMS MARKET BY 2018-2026 ($ MILLION)

FIGURE 15   GLOBAL LARGE SCALE IMPLEMENTATION MARKET 2018-2026 ($ MILLION)

FIGURE 16   PORTER’S FIVE FORCE MODEL OF MARINE BIOTECHNOLOGY MARKET

FIGURE 17   KEY BUYING CRITERIA PROPOSITION

FIGURE 18   INVESTMENT PROPOSITION FOR GLOBAL MARINE BIOTECHNOLOGY MARKET, 2018-2026

FIGURE 19   INVESTMENT OPPORTUNITIES IN EMERGING END USERS, 2018-2026

FIGURE 20   NORTH AMERICA MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 21   GLOBAL SEAFOOD IMPORTS

FIGURE 22   GLOBAL ORTHOPEDIC BIOMATERIAL BASED MARKET IN 2016

FIGURE 23   US MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 24   CANADA MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 25   COSMETICS AND PERSONAL CARE MARKET IN EUROPE, IN 2016 ($ MILLION)

FIGURE 26   BIOFUELS PRODUCTION IN EUROPE, IN 2016 (MILLION METRIC TON OF OIL EQUIVALENT)

FIGURE 27   UK MARINE BIOTECHNOLOGY MARKET, 2018-2026 ($ MILLION)

FIGURE 28   BIOFUELS CONSUMPTION IN FRANCE, IN 2016(MILLION METRIC TONS OF OIL EQUIVALENT)

FIGURE 29   FRANCE MARINE BIOTECHNOLOGY MARKET, 2018-2026 ($ MILLION)

FIGURE 30   INCREASING BIOTECHNOLOGY COMPANIES IN GERMANY, 2010-2015

FIGURE 31   GERMANY MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 32   ITALY NUTRITIONAL AND DIETARY SUPPLEMENTS MARKET, 2015-2020 ($ MILLION)

FIGURE 33   ITALY MARINE BIOTECHNOLOGY MARKET, 2018-2026 ($ MILLION)

FIGURE 34   SPAIN MARINE BIOTECHNOLOGY MARKET, 2018-2026 ($ MILLION)

FIGURE 35   NORDICS MARINE BIOTECHNOLOGY MARKET, 2018-2026 ($ MILLION)

FIGURE 36   REST OF EUROPE MARINE BIOTECHNOLOGY MARKET, 2018-2026 ($ MILLION)

FIGURE 37   ASIA PACIFIC MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 38   CHINA MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 39   RENEWABLE ENERGY GENERATION FORECAST BY THE YEAR 2020 IN CHINA

FIGURE 40   INDIA MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 41   JAPAN MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 42   SOUTH KOREA MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 43   REST OF APAC MARINE BIOTECHNOLOGY MARKET 2018-2026 ($ MILLION)

FIGURE 44   LATIN AMERICA MARINE BIOTECHNOLOGY MARKET ESTIMATE AND FORECAST 2018-2026 ($ MILLION)

FIGURE 45   MENA MARINE BIOTECHNOLOGY MARKET ESTIMATE AND FORECAST 2018-2026 ($ MILLION)

FIGURE 46   REST OF AFRICA MARINE BIOTECHNOLOGY MARKET ESTIMATE AND FORECAST 2018-2026 ($ MILLION)

FIGURE 47   MARKET SHARE ANALYSIS OF GLOBAL MARINE BIOTECHNOLOGY MARKET, 2016

  1. MARKET SEGMENTATION
    • MARKET BY PRODUCT 2018-2026
      • BIOMATERIAL MARKET
      • BIOACTIVE SUBSTANCES
      • OTHERS
    • MARKET BY END USER 2018-2026
      • HEALTHCARE/BIOTECHNOLOGY
      • CONSUMERS PRODUCTS
      • ENERGY & INFRASTRUCTURE
      • INDUSTRIAL PRODUCTS
      • OTHERS
    • MARKET BY TECHNOLOGY 2018-2026
      • CULTURE INDEPENDENT TECHNIQUES
      • ENRICHMENT, ISOLATION AND CULTIVATION OF MICROORGANISMS
      • LARGE SCALE IMPLEMENTATION
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES (U.S.)
      • CANADA
    • EUROPE
      • UNITED KINGDOM(UK)
      • FRANCE
      • GERMANY
      • ITALY
      • SPAIN
      • NORDICS
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • SOUTH KOREA
      • REST OF APAC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST AND NORTH AFRICA
      • REST OF AFRICA

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