Market Summary The global market for biotechnology-based chemicals had a valuation of USD 21 billion in 2022 and is projected to reach USD 182.53 billion by 2032, experiencing a compound annual growth rate (CAGR) of 9% during the forecast period. The growth of this market is propelled by various factors including the increasing demand for bio-based chemicals, the necessity to reduce reliance on...

Market Summary The global market for biotechnology-based chemicals had a valuation of USD 21 billion in 2022 and is projected to reach USD 182.53 billion by 2032, experiencing a compound annual growth rate (CAGR) of 9% during the forecast period. The growth of this market is propelled by various factors including the increasing demand for bio-based chemicals, the necessity to reduce reliance on...