Global Biotechnology Based Chemicals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Bio-Pharma, Agri-Biotech and Bio-Informatics

By Production Process;

Fermentation-Based Production, Enzymatic Processes, Microbial Processes, Plant-Based Extraction, and Cell Culture Techniques

By Source Of Raw Materials;

Microorganisms, Plants, Animal-Derived Sources, Waste Biomass, and Synthetic Biology

By Method of Distribution;

Direct Sales, Distributors & Wholesalers, Online Retail, Partnerships with Manufacturing Companies, and Government Contracts

By Application;

Pharmaceuticals & Nutrition, Foods & Beverages, Agriculture, Animal Feeds, and Other

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn895141954 Published Date: May, 2025 Updated Date: June, 2025

Biotechnology Based Chemicals Market Overview

Biotechnology Based Chemicals Market (USD Million)

Biotechnology Based Chemicals Market was valued at USD 74231.63 million in the year 2024. The size of this market is expected to increase to USD 111616.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Global Biotechnology Based Chemicals Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 74231.63 Million
Market Size (2031)USD 111616.93 Million
Market ConcentrationMedium
Report Pages392
74231.63
2024
111616.93
2031

Major Players

  • BASF SE
  • Vertec BioSolvents Inc.
  • AGAE Technologies, LLC
  • TOTAL
  • ADM
  • DuPont
  • Evonik Industries
  • Toray Industries, Inc.
  • Cargill, Incorporated
  • GF Biochemicals Ltd.
  • Mitsubishi Chemical

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Biotechnology Based Chemicals Market

Fragmented - Highly competitive market without dominant players


The biotechnology based chemicals market is witnessing rapid growth due to the increasing need for sustainable and eco-friendly products across various industries. Traditional petrochemical-based solutions are being replaced by bio-based alternatives, which contribute to reduced carbon emissions. Over 45% of chemical manufacturers are incorporating biotechnology-based processes into their production lines to align with environmental goals.

Industrial Integration and Innovation
Biotechnology-based chemicals are being rapidly integrated into industries such as agriculture, food processing, pharmaceuticals, and cosmetics, owing to their improved performance and reduced ecological impact. More than 50% of product innovations in the specialty chemicals segment now involve some form of biotechnological intervention, enabling better cost efficiency and functional advantages.

Technological Advancements Driving Growth
Advanced technologies in genetic engineering, fermentation, and enzymatic synthesis are accelerating the development of more potent biotechnology-based chemicals. With over 40% of chemical R&D budgets being directed towards bio-based research, companies are prioritizing innovation that reduces reliance on fossil fuels and minimizes toxicity.

Regulatory Support and Sustainable Practices
The market is further bolstered by stringent environmental regulations and policies promoting green chemistry. Government and institutional support have contributed to a 38% increase in bio-based chemical production projects. These frameworks provide both incentives and pressure for manufacturers to adopt biotechnology-based production methods.

Shifting Consumer Preferences
A notable 52% of end-users are now opting for products made from biotechnology-based chemicals, driven by growing awareness of environmental and health impacts. This shift in consumer behavior is encouraging businesses to adopt sustainable sourcing and manufacturing practices, solidifying the long-term growth potential of this market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Production Process
    3. Market Snapshot, By Source Of Raw Materials
    4. Market Snapshot, By Method of Distribution
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Biotechnology Based Chemicals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Sustainable and Eco-Friendly Products
        2. Advancements in Biotechnology and Genetic Engineering
        3. Increasing Consumer Awareness About Health and Wellness
      2. Restraints
        1. High Production Costs of Biotechnology-Based Chemicals
        2. Technical Challenges in Scaling Up Biotechnology Processes
        3. Limited Raw Material Availability for Bio-Based Chemical Production
      3. Opportunities
        1. Growing Adoption of Bioplastics and Bio-Based Polymers
        2. Rising Demand for Natural and Organic Ingredients in Pharmaceuticals and Food
        3. Expanding Applications of Biotechnology in Agriculture and Animal Feed
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Biotechnology Based Chemicals Market, By Type, 2021 - 2031 (USD Million)
      1. Bio-Pharma
      2. Agri-Biotech
      3. Bio-Informatics
    2. Biotechnology Based Chemicals Market, By Production Process, 2021 - 2031 (USD Million)
      1. Fermentation-Based Production
      2. Enzymatic Processes
      3. Microbial Processes
      4. Plant-Based Extraction
      5. Cell Culture Techniques
    3. Biotechnology Based Chemicals Market, By Source Of Raw Materials, 2021 - 2031 (USD Million)
      1. Microorganisms
      2. Plants
      3. Animal-Derived Sources
      4. Waste Biomass
      5. Synthetic Biology
    4. Biotechnology Based Chemicals Market, By Method Of Distribution, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Distributors & Wholesalers
      3. Online Retail
      4. Partnerships With Manufacturing Companies
      5. Government Contracts
    5. Biotechnology Based Chemicals Market, By Application, 2021 - 2031 (USD Million)
      1. Pharmaceuticals & Nutrition
      2. Foods & Beverages
      3. Agriculture
      4. Animal Feeds
      5. Other
    6. Biotechnology Based Chemicals Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Vertec BioSolvents Inc.
      3. AGAE Technologies, LLC
      4. TOTAL
      5. ADM
      6. DuPont
      7. Evonik Industries
      8. Toray Industries, Inc.
      9. Cargill, Incorporated
      10. GF Biochemicals Ltd.
      11. Mitsubishi Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market