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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, su