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Biotech Ingredients Market Overview - Key Futuristic Trends and Opportunities

There has been an increasing shift toward natural and organic products owing to consumer awareness regarding the ill effects of synthetic ingredients. This has forced manufacturers to shift focus from synthetic to natural products.

The Global Biotech Ingredient Market size is expected to reach USD 2.57 billion by 2025 at an 8.0% CAGR during the forecast period, according to a new report by Grand View Research, Inc.


Both flavors and fragrances can either be naturally derived or synthetically made. Natural ingredients comprise essential oils, oleoresins, and other plant extracts. These oils are generally extracted using four major techniques: steam distillation, solvent extraction, cold pressing or compression, and carbon dioxide extraction. Synthetic variants consist of aroma chemicals such as esters, alcohols, and phenols obtained through chemical synthesis.

However, availability of raw materials has been limited owing to unpredictable weather conditions during crop season, such as drought and rainfalls. In addition, water scarcity and a shift toward cereal crops or oil-producing plant cultivation by farmers to gain higher profits act as major hurdles to industry growth. Stringent environment regulations to stop exploitation of land can also be considered as a restraining factor for the market.

Leading players in the flavors and fragrances industry are focusing on developing new and sustainable ways for production of these ingredients, which can be labelled as “natural” and will also meet consumer expectations.

To Know More About Biotech Ingredients Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/biotech-ingredients-market

Top Players of Biotech Ingredients Market:

As of 2018, the biotech ingredient market for flavors, fragrances, and active ingredients is majorly dominated by few market players such as Givaudan, IFF, Firmenich, Amyris, Symrise, Evolva, and Isobionics. These companies are involved in producing microbial-based flavors, perfumes, and active ingredients for cosmetics.

Market Segmentation of Biotech Ingredients Market:

The Global Biotech Ingredient Market segmented on the basis of Flavor, Fragrance, Active Cosmetic Ingredient, and Region.

By Flavors:

    By Source
        Bacteria
        Yeast
        Filamentous Fungi
    By Product
        Carbonyls
        Lactones
        Alcohols
        Acids
    By Carbonyls
        Ketones
        Aldehydes

By Fragrance:

    By Application

    Fine Fragrances
    Toiletries

By Active Cosmetic Ingredients:

    By Application

    Hair Care
    Skin Care
    Sun Care
    Makeup and color cosmetics

Inquire about Biotech Ingredients Market with Our Experts @ https://www.grandviewresearch.com/inquiry/5334
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