Biotechnology Based Chemicals Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Type;

Bioethanol, Bio-Lubricants, Bio-Solvents, Bio-Alcohols and Others

By Application;

Food & Beverage, Pharmaceuticals, Agriculture, Packaging and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn895141954 Published Date: December, 2025 Updated Date: February, 2026

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%.


Biotechnology Based Chemicals Market

*Market size in USD million

CAGR 6.0 %


Study Period2026 - 2032
Base Year2025
CAGR (%)6.0 %
Market Size (2025)USD 74231.63 Million
Market Size (2032)USD 111616.93 Million
Market ConcentrationMedium
Report Pages392
74231.63
2025
111616.93
2032

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
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Biotechnology Based Chemicals Market

Fragmented - Highly competitive market without dominant players


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 Application
    3. Market Snapshot, By Region
  4. Biotechnology Based Chemicals Market Forces
    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. Bioethanol
      2. Bio-Lubricants
      3. Bio-Solvents
      4. Bio-Alcohols
      5. Others
    2. Biotechnology Based Chemicals Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverage
      2. Pharmaceuticals
      3. Agriculture
      4. Packaging
      5. Others
    3. 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. DuPont
      3. Evonik Industries
      4. Cargill, Incorporated
      5. Archer Daniels Midland
      6. Toray Industries
      7. Mitsubishi Chemical
      8. Vertec BioSolvents
      9. TOTAL
      10. GF Biochemicals
      11. Itaconix
      12. Royal DSM
      13. Braskem
      14. BioAmber
      15. GFBiochemicals
  7. Analyst Views
  8. Future Outlook of the Market