Lewes, DE -- (SBWIRE) -- 04/02/2019 -- Global Marine Biotechnology Market is accounted for $3.93 billion in 2017 and is expected to reach $8.74 billion by 2026 growing at a CAGR of 9.3% during the forecast period. Some of the important factors driving the market growth are current applications of marine derived enzymes in cosmetics, use of micro algae and marine algae in bio-field products. However, Lower R&D investment in the field is hampering the growth of the market. Some of the key opportunities is the Marine biotechnological advancements has been resulted successful in diverse fields with increasing investments from venture capitalists.

Marine biotechnology is a pioneering field of in recent science and technology that customs various marine bio resources for a huge number of uses, including the production of food, fuel, often bioactive, compounds and possibly will contribute to prosperous communities, green growth and sustainable industries. Even though marine biotechnology is in an emerging stage, it has unexploited potential and accomplished capability growth prospect for future.

By applications, Marine Natural Products for Medicine segment is held significant growth during the forecast period due to rising investment by key players and other factors like healthy and dietary supplements because they are rich in amino acids, proteins, vitamins, and minerals etc. Since the marine environment is the mainly biologically and chemically diverse habitat on the planet, marine biotechnology has, in recent years delivered an increasing number of most important therapeutic products, industrial and environmental applications and analytical tools.

By geography, Europe is anticipated to be one of the leading regions contributing to the global market during the forecast period. With Europe getting better from the economic crisis, the region has been making stable investments in marine biotechnology and is also witnessing the appearance of several small and micro and medium sized enterprise that are making major assistance to the R&D and opening of novel marine-based products. In additionally, the European Union research policy supports a number of collaborative projects in marine biotechnology.

Some of the key players in the market include Basf Se, Abbott Laboratories, Lonza Group Ltd., Inc., Nofima, Aker Biomarine, Cyanotech Corporation, New England Biolabs, Inc., GlycoMar, Pharmamara., Nutrex Hawaii Incorporated, Prolume Ltd, Marinova, Qingdao Codo International Ltd, Phyco Biotech Sas, Biolume Inc., Biotech Marine (Subsidiary Of Air Liquid Group), Cp Kelco, Aquapharm and Fmc Geomarine Biotech.

Sources Covered:
- Corals and Sponges
- Macro Algae
- Marine Fungi
- Marine Viruses
- Micro Algae

Products Covered:
- Biomaterials
- Bioactive Substances
- Other Products

Types Covered:
- Marine Animal Technology
- Marine Plant Technology

Technologies Covered:
- Enrichment, Isolation and Cultivation of Microorganisms
- Culture-independent techniques
- Large scale implementation

Applications Covered:
- Marine Aquaculture
- Marine Natural Products For Medicine
- Marine Nutraceuticals
- Marine Biomaterials
- Marine Bioenergy
- Marine Bioremediation
- Food & feed
- Energy and environment management products
- Fine Chemical
- Environment

End-User Covered:
- Healthcare/Biotechnology
- Consumers Products
- Energy & Infrastructure
- Industrial Products
- Pharmaceuticals
- Supplements
- Cosmetics

Regions Covered:
- North America
US
Canada
Mexico

- Europe
Germany
France
Italy
UK
Spain
Rest of Europe

- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific

- South America
Argentina
Brazil
Chile
Rest of South America

- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements.

Spanning over 159 pages "Marine Biotechnology - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Marine Biotechnology Market, By Source, Global Marine Biotechnology Market, By Product, Global Marine Biotechnology Market, By Type, Global Marine Biotechnology Market, By Technology, Global Marine Biotechnology Market, By Application, Global Marine Biotechnology Market, By End User, Global Marine Biotechnology Market, By Geography, Key Developments, Company Profiling.

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