Navigation Links
Market Demand and Innovation in Germany Propel Industrial Biotechnology Growth
Date:6/25/2010

BERLIN, June 25, 2010 /PRNewswire/ -- Industrial biotechnology is expected to grow worldwide by 10 to 20 percent per year through 2020. Germany has already established the preconditions to accelerate R&D and commercialization in this nascent industry, making it an ideal site for companies looking to benefit from growing market demand. Representatives from Germany Trade & Invest will be on hand at this year's World Congress on Industrial Biotechnology & Bioprocessing, taking place from June 27 - 30 in Washington, DC, to discuss business opportunities in Germany.

More than 40 percent of small and medium enterprises (SMEs) active in industrial biotechnology in Europe are located in Germany. Alongside these highly dynamic SMEs, several large companies, primarily active in the chemical industry, are also conducting industrial biotechnology R&D in Germany. This high level of activity is a testament to the attractive conditions in Germany.

Currently global revenues for goods produced using industrial biotechnology are estimated between EUR 50 and 60 billion annually. By 2030 this figure is expected to grow to a volume of roughly EUR 300 billion, according to the "Cologne Paper" by the Council of the European Union. Growth projections in Germany are largely based on the country's collective environmental awareness and increasing preference for environmentally-friendly products. At the same time, products manufactured using these new processes promise savings in certain areas, such as production costs and life-cycle assessments. In the case of bioplastics, for example, cost-intensive recycling processes are no longer necessary.

Industrial Biotechnology - Using "Nature's Toolbox"

Industrial biotechnology utilizes "Nature's Toolbox" - microorganisms and enzymes - to create new industrial processes. The chemical industry is currently highly advanced in implementing industrial biotechnology processes, while the food and beverage as well as the pharmaceutical industries are also using this innovative technology. Products include biopolymers (packaging materials), fine and specialty chemicals (amino acids), and consumer goods (detergents and food additives).

Germany Trade & Invest will have industry experts on hand at booth 1200 together with partners from industry and R&D. These partners include industrial biotechnology clusters and companies as well as chemical parks. Industrial biotechnology clusters form a nationwide network working together to accelerate commercialization processes. These clusters represent various players from research institutes and industry. Chemical parks provide a unique flagship model. They offer a full-service infrastructure and enable companies to share overhead and integrate with potential partners. This in turn lowers costs and accelerates the potential for commercialization of new technologies.

Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.

    Germany Trade & Invest
    Eva Henkel
    Email: eva.henkel@gtai.com
    T: +49(0)30-200099-173
    F: +49(0)30-200099-111



'/>"/>
SOURCE Germany Trade and Invest
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. Reportlinker Adds Molecular Diagnostics Market: DNA Probes and Biochips -- New Product Development Opportunities and Business Expansion Strategies for Instrument and Reagent Suppliers
2. World Low Calorie/Diet Beverages Market (2010 -2015): MarketsandMarkets
3. Top 10 Drug Delivery Technologies (2010 - 2015): MarketsandMarkets
4. Diabetes Care Devices Market In Brazil, Russia, India, China (BRIC) Worth $570.56 Million In 2014
5. Reportlinker Adds Nanobiotechnologies- Applications, Markets and Companies
6. Reportlinker Adds Biomarkers - Technologies, Markets and Companies
7. Maximize Market Research to Improve Formulary Access Within Managed Markets Sector
8. RBC Life Sciences Fills Newly Created Vice President of Sales and Marketing Position With Industry Veteran
9. Highly Regarded Medical Writer Joins Avant Healthcare Marketing Team
10. Healthcare Data Solutions Announces New Healthcare eMarketing Webinar
11. China-Biotics Provides Updates on Qingpu New Facility and Chinese Probiotics Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... Lawrence, MA (PRWEB) , ... June 23, 2016 ... ... the Peel Plate® YM (Yeast and Mold) microbial test has received AOAC Research ... test platform of microbial tests introduced last year,” stated Bob Salter, Vice President ...
(Date:6/23/2016)... ... ... Supplyframe, the Industry Network for electronics hardware design and ... in Pasadena, Calif., the Design Lab’s mission is to bring together inventors and ... brought to market. , The Design Lab is Supplyframe’s physical representation of one ...
(Date:6/23/2016)... NEWPORT BEACH, Calif. , June 23, 2016 /PRNewswire/ ... offering new biological discoveries to the medical community, has ... and co-founder Matthew Nunez . "We ... provide us with the capital we need to meet ... funding will essentially provide us the runway to complete ...
(Date:6/23/2016)... Pleasant Prairie, WI (PRWEB) , ... June 23, ... ... sciences consultancy focused on quality, regulatory and technical consulting, provides a free ... webinar is presented on July 13, 2016 at 12pm CT at no charge. ...
Breaking Biology Technology:
(Date:6/2/2016)... LONDON , June 2, 2016 ... has awarded the 44 million US Dollar project, ... Security Embossed Vehicle Plates including Personalization, Enrolment, and IT Infrastructure ... world leader in the production and implementation of Identity Management ... in January, however Decatur was selected ...
(Date:5/20/2016)... , May 20, 2016  VoiceIt is excited ... with VoicePass. By working together, VoiceIt ...  Because VoiceIt and VoicePass take slightly different approaches ... increases both security and usability. ... about this new partnership. "This marketing ...
(Date:4/28/2016)... BANGALORE, India , April 28, 2016 ... subsidiary of Infosys (NYSE: INFY ), and Samsung ... global partnership that will provide end customers with a ... and payment services.      (Logo: http://photos.prnewswire.com/prnh/20130122/589162 ... for financial services, but it also plays a fundamental part ...
Breaking Biology News(10 mins):