Marine Biotechnology Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, UK, Germany, China, Japan - Size and Forecast 2023-2027

Published: Nov 2022 Pages: 163 SKU: IRTNTR40645

Marine Biotechnology Market Forecast 2023-2027

The marine biotechnology market size is estimated to grow by USD 4,370.04 million at a CAGR of 9.85% between 2022 and 2027. The growth of the market depends on several factors, including an increase in demand for biofuel, increased demand for secondary metabolites from marine microorganisms, and rising demand for natural compounds in the cosmetic industry.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Marine Biotechnology Market During the Forecast Period?

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Market Analysis: Key Drivers, Trends, Challenges, and Customer Landscape

The increased demand for secondary metabolites from marine microorganisms is notably driving the market growth, although factors such as legal and ethical issues may impede the market research growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increased demand for secondary metabolites from marine microorganisms is notably driving the market growth. Secondary metabolites are compounds with various chemical structures. They are produced by certain strains of microbial species, such as actinomycetes, fungi, and plant species. They do not play a physiological role during the development of organisms. Hence, they are not directly involved in organisms' normal growth, development, and reproduction. Secondary metabolites are produced when key nutrients such as carbon, nitrogen, or phosphate are exhausted. They are compounds that are used in various industries, such as pharmaceuticals, cosmetics, food, agriculture, and farming.

In the deep marine world, there are various types of bacteria, fungi, sponges, actinomycetes, cyanobacteria, and algae that produce biologically active secondary metabolites. Secondary metabolites that are produced from marine microorganisms show an extensive range of activities, such as antibacterial, antimalarial, antifungal, and cytotoxic properties, which increase their demand. This is an attractive field as it is a rich source of both biological and chemical diversity. Hence, it has become a major source producing secondary metabolites. This has increased the demand for marine biotechnology, which has driven the growth of the market.

Key Trend Analysis

Increasing concern about climate change is the primary trend in the market. The increased consumption of fossil fuels has increased GHG emissions, primarily carbon dioxide, into the atmosphere. A large proportion of GHG production arises from industrial activities. The increase in GHG emissions affects the amount and pattern of precipitation and causes changes in sea levels, the frequency and intensity of weather events, and agricultural yields, leading to species extinction. Hence, the focus on reducing GHG emissions by reducing the use of fossil fuels and using renewable energy sources has increased. It is widely viewed that it has the potential to reduce atmospheric carbon dioxide by sequestering carbon and producing carbon dioxide-neutral fuels. 

The cell walls of microalgae contain highly cross-linked, macromolecular, and paraffinic hydrocarbons that resist biological and chemical degradation. The macromolecular paraffinic hydrocarbons in algae are a carbon sink because they can be buried, which helps remove carbon dioxide from the carbon cycle. Marine biotechnology, based on renewable resources, can significantly reduce carbon dioxide emissions and save energy. It helps reduce the effects of climate change. It can prevent the depletion of fossil fuels using enzymes, microorganisms, and algal biomass to produce bio-based products that are used in several industries. The increasing concern about climate change will increase the adoption of marine biotechnology, which will drive the growth of the market during the forecast period.

Key Challenge

Legal and ethical issues associated with marine biotechnology are the major challenges impeding the market growth analysis. Biotechnology is an intersection of science and ethics, which offers a myriad of benefits to human beings. However, there are some challenges. Biotechnology can cause harm and dehumanize people. It begins with manipulating the genomes of animals and plants, which causes several concerns. This is because people's perception of biotechnology is that the risk is too high. 

As the long-term effects of biotechnology products are unknown, distrust is created among users, which affects their adoption. Biotechnology, and marine biotechnology, also face some legal and ethical challenges. For instance, the study and the use of organisms and resources from other countries is a challenge. A country that is rich in resources and has a better selection of marine life does not encourage the entrance of other countries for research. Hence, scientists are struggling to study samples from other countries. One such example is the dispute between scientists in the US and scientists in countries south of the equator where marine resources are rich. Hence, marine biotechnologists must remain conscious of their activities to ensure that the environment that they are studying is stable. Hence, the legal and ethical issues could affect the growth of the market during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Marinomed Biotech AG - The company offers marine biotechnology products such as soft gels as its key offering. Under this segment the company offers marinosolv which is a technology platform enabling novel aqueous formulations of a wide series of hardly soluble compounds, allowing a faster onset of action and better bioavailability, facilitating efficient drug delivery. Under the carragelose segment, the company offers a product line with anti-viral properties targeting the respiratory tract. It is also known to be effective for SARS-CoV2.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • AKER BIOMARINE AS
  • AlgaEnergy SA
  • Archer Daniels Midland Co.
  • BASF SE
  • CoDo International Ltd.
  • Cyanotech Corp.
  • FMC Corp.
  • Geomarine Biotechnologies
  • Glyco Mar Ltd.
  • J M Huber Corp.
  • KD Pharma Group SA
  • Marinova Pty Ltd.
  • Marshall Marine Products
  • New England Biolabs Inc.
  • PharmaMar SA

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Global Market?

Based on application, the market is segmented into healthcare products, energy and environment management products, and food and cosmetics products. The market share growth of the healthcare products segment will be significant during the forecast period. Drug discovery is one of the most promising outcomes of marine biotechnology research. Biochemicals that are produced using marine invertebrates, such as seaweed and bacteria are different when compared with biochemicals produced using related terrestrial organisms. Hence, they offer better potential as new classes of medicines. Examples of marine-derived drugs include an antibiotic produced using fungi, two closely related compounds from a sponge that treats cancer and herpes virus, and a neurotoxin from a snail that has painkiller properties, which makes it 10,000 times more potent than morphine without any of its side effects. This will drive the growth of the market during the forecast period. 

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The healthcare products segment was valued at USD 2,044.55 million in 2017 and continues to grow until 2021. Due to the increase in the prevalence of chronic diseases and the increasing demand for high-quality treatment, there will be an increase in the production of pharmaceutical ingredients using bioactive substances. As a result, the healthcare segment will witness several clinical trials and advances in marine-derived compounds. This will drive the growth of the segment during the forecast period.

Which are the Key Regions for the Market?

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North America is projected to account for 35% of the global market share growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The market share in the North American region is led by the US. This is majorly due to the presence of several big pharmaceutical companies, such as Novartis, Pfizer, and Roche, which depend on marine biotechnology products such as recombinant proteins and growth hormones to develop new drugs. The US is the largest contributor of revenue to the market in the region. This is due to the presence of several marine biotechnology research centers in the country, such as the Scripps Institution of Oceanography; the University of California, San Diego; the Colorado State University; and the University of Delaware. These organizations are involved in marine-related research, which is increasing awareness about the advantages of marine-derived products and increasing their production and adoption.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Healthcare products
    • Energy and environment management products
    • Food and cosmetics products
  • Type Outlook (USD Million, 2017 - 2027)
    • Bioactive substances
    • Biomaterials
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Market encompasses a wide range of applications, including the study of aquatic organisms at the cellular and molecular levels. Utilizing bioinformatics and recombinant DNA technology, researchers explore blue biotechnology for various purposes, including the development of pharmaceutical drugs and anti-aging cosmetics.

Key areas of focus include health management and nutrition, with particular interest in substances like fish gonadotropin hormone and glucose. The market also explores the potential of deep-sea bacteria and sea-based ingredients for their unique properties and applications. Institutions like the National Institute of Ocean Technology of India play a crucial role in advancing research and development in this field, driving innovation and growth in the Market.

Marine Biotechnology Market Scope

Report Coverage

Details

Page number

163

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.85%

Market growth 2023-2027

USD 4,370.04 million

Market structure

Fragmented

YoY growth (%)

8.27

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 35%

Key countries

US, UK, Germany, China, and Japan

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

AKER BIOMARINE AS, AlgaEnergy SA, Archer Daniels Midland Co., BASF SE, CoDo International Ltd., Cyanotech Corp., FMC Corp., Geomarine Biotechnologies, Glyco Mar Ltd., J M Huber Corp., KD Pharma Group SA, Marinomed Biotech AG, Marinova Pty Ltd., Marshall Marine Products, New England Biolabs Inc., PharmaMar SA, Prolume Ltd., Air Liquide SA, and Lonza Group Ltd.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global Marine Biotechnology Market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global Marine Biotechnology Market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Healthcare products - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Healthcare products - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Healthcare products - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Healthcare products - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Healthcare products - Year-over-year growth 2022-2027 (%)
    • 6.4 Energy and environment management products - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Energy and environment management products - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Energy and environment management products - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Energy and environment management products - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Energy and environment management products - Year-over-year growth 2022-2027 (%)
    • 6.5 Food and cosmetics products - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Food and cosmetics products - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Food and cosmetics products - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Food and cosmetics products - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Food and cosmetics products - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 47: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 49: Chart on Comparison by Type
      • Exhibit 50: Data Table on Comparison by Type
    • 7.3 Bio active substance - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Bio active substance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Bio active substance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Bio active substance - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Bio active substance - Year-over-year growth 2022-2027 (%)
    • 7.4 Bio materials - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Bio materials - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Bio materials - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Bio materials - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Bio materials - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 63: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 AKER BIOMARINE AS
              • Exhibit 112: AKER BIOMARINE AS - Overview
              • Exhibit 113: AKER BIOMARINE AS - Business segments
              • Exhibit 114: AKER BIOMARINE AS - Key news
              • Exhibit 115: AKER BIOMARINE AS - Key offerings
              • Exhibit 116: AKER BIOMARINE AS - Segment focus
            • 12.4 Air Liquide SA
              • Exhibit 117: Air Liquide SA - Overview
              • Exhibit 118: Air Liquide SA - Business segments
              • Exhibit 119: Air Liquide SA - Key news
              • Exhibit 120: Air Liquide SA - Key offerings
              • Exhibit 121: Air Liquide SA - Segment focus
            • 12.5 AlgaEnergy SA
              • Exhibit 122: AlgaEnergy SA - Overview
              • Exhibit 123: AlgaEnergy SA - Product / Service
              • Exhibit 124: AlgaEnergy SA - Key offerings
            • 12.6 Archer Daniels Midland Co.
              • Exhibit 125: Archer Daniels Midland Co. - Overview
              • Exhibit 126: Archer Daniels Midland Co. - Business segments
              • Exhibit 127: Archer Daniels Midland Co. - Key offerings
              • Exhibit 128: Archer Daniels Midland Co. - Segment focus
            • 12.7 CoDo International Ltd.
              • Exhibit 129: CoDo International Ltd. - Overview
              • Exhibit 130: CoDo International Ltd. - Product / Service
              • Exhibit 131: CoDo International Ltd. - Key offerings
            • 12.8 Cyanotech Corp.
              • Exhibit 132: Cyanotech Corp. - Overview
              • Exhibit 133: Cyanotech Corp. - Product / Service
              • Exhibit 134: Cyanotech Corp. - Key offerings
            • 12.9 FMC Corp.
              • Exhibit 135: FMC Corp. - Overview
              • Exhibit 136: FMC Corp. - Product / Service
              • Exhibit 137: FMC Corp. - Key offerings
            • 12.10 Geomarine Biotechnologies
              • Exhibit 138: Geomarine Biotechnologies - Overview
              • Exhibit 139: Geomarine Biotechnologies - Product / Service
              • Exhibit 140: Geomarine Biotechnologies - Key offerings
            • 12.11 Glyco Mar Ltd.
              • Exhibit 141: Glyco Mar Ltd. - Overview
              • Exhibit 142: Glyco Mar Ltd. - Product / Service
              • Exhibit 143: Glyco Mar Ltd. - Key offerings
            • 12.12 J M Huber Corp.
              • Exhibit 144: J M Huber Corp. - Overview
              • Exhibit 145: J M Huber Corp. - Product / Service
              • Exhibit 146: J M Huber Corp. - Key offerings
            • 12.13 KD Pharma Group SA
              • Exhibit 147: KD Pharma Group SA - Overview
              • Exhibit 148: KD Pharma Group SA - Product / Service
              • Exhibit 149: KD Pharma Group SA - Key offerings
            • 12.14 Lonza Group Ltd.
              • Exhibit 150: Lonza Group Ltd. - Overview
              • Exhibit 151: Lonza Group Ltd. - Business segments
              • Exhibit 152: Lonza Group Ltd. - Key news
              • Exhibit 153: Lonza Group Ltd. - Key offerings
              • Exhibit 154: Lonza Group Ltd. - Segment focus
            • 12.15 Marinomed Biotech AG
              • Exhibit 155: Marinomed Biotech AG - Overview
              • Exhibit 156: Marinomed Biotech AG - Business segments
              • Exhibit 157: Marinomed Biotech AG - Key news
              • Exhibit 158: Marinomed Biotech AG - Key offerings
              • Exhibit 159: Marinomed Biotech AG - Segment focus
            • 12.16 Marinova Pty Ltd.
              • Exhibit 160: Marinova Pty Ltd. - Overview
              • Exhibit 161: Marinova Pty Ltd. - Product / Service
              • Exhibit 162: Marinova Pty Ltd. - Key offerings
            • 12.17 PharmaMar SA
              • Exhibit 163: PharmaMar SA - Overview
              • Exhibit 164: PharmaMar SA - Business segments
              • Exhibit 165: PharmaMar SA - Key news
              • Exhibit 166: PharmaMar SA - Key offerings
              • Exhibit 167: PharmaMar SA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 168: Inclusions checklist
                • Exhibit 169: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 170: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 171: Research methodology
                • Exhibit 172: Validation techniques employed for market sizing
                • Exhibit 173: Information sources
              • 13.5 List of abbreviations
                • Exhibit 174: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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