PRN: Global White Biotechnology Market 2017-2021 - Increase in Demand for Biofuel Drives the Market

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Global White Biotechnology Market 2017-2021 - Increase in Demand for Biofuel Drives the Market

 
[18-September-2017]
 

DUBLIN, September 18, 2017 /PRNewswire/ --

The "Global White Biotechnology Market 2017-2021" report has been added to Research and Markets' offering.

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The global white biotechnology market to grow at a CAGR of 7.42% during the period 2017-2021.

Global White Biotechnology Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the retail sales of white biotechnology products.

One trend in the market is increasing concern about climate change. Carbon dioxide is the second-largest contributor of GHG emissions. Since the industrial revolution, the burning of fossil fuels has increased the quantity of carbon dioxide in the atmosphere. National carbon dioxide emissions are strongly related to wealth.

According to the report, one driver in the market is increase in demand for biofuel. Biofuels are fuels produced from biomass. Biomass is an organic matter that produced from animals and plants. It includes wood, agricultural crops and products, aquatic plants, forestry products, waste and residues, and animal wastes. Biofuels can be used as a substitute for jet fuel. This helps reduce GHG emissions, which is driving their adoption across the world.

Further, the report states that one challenge in the market is disadvantages of biofuels. Biofuels are derived from plant and animal by-products such as sugar, starch, and cellulose. They are produced from the fermentation of crops such as wheat, corn, sugar molasses, sugar beets, and sugar or starch. Due to the global shortage of sugar, the generation of biofuels from sugar has become debatable.

In many countries, land that was used to harvest rice and maize is now being used to produce sugarcane and soybeans, which are not consumed directly by people. This causes a shortage of food. Land and resources are essential to produce crops that can produce biofuels. Hence, the shortage of food could affect the adoption of biofuels during the forecast period.

Key vendors

  • BASF
  • Cargill
  • DuPont
  • Novozymes

Other prominent vendors

  • Archer Daniels Midland
  • BioAmber
  • Borregaard
  • Codexis
  • Evolva
  • Fermentalg
  • GEVOC. R. Bard

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Segmentation By Application

Part 06: Segmentation By Geography

Part 07: Decision Framework

Part 08: Drivers And Challenges

Part 09: Market Trends

Part 10: Vendor Landscape

Part 11: Key Vendor Analysis

Part 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/hrpmbk/global_white


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