The "Global Marine Biotechnology Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global marine biotechnology market to grow at a CAGR of 7.15% during the period 2018-2022.

Global Marine Biotechnology Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Marine biotechnology is also being used as a therapeutic agent. This is known as thalassotherapy. In thalassotherapy treatment, seawater and seaweed are used to act on the cells of the human body to detoxify and rebalance the hydrogen (pH) of the skin. Seaweeds used for this therapy include laminaria digitata, which is rich in vitamins A, E, C, and B; hormones; amino acids; and iodine. It improves metabolism, stimulates oxygen consumption in the cells, and alleviates heat production. However, spirulina, the blue-green bacteria, and ascophyllum nodosum can also be effectively used as diet aids, general tonics, and rejuvenators.

One trend in the market is increasing investment in R&D. the global expenditure in R&D has increased in the last 10 years. From $522 billion in 1996, it increased to approximately $1.3 trillion by 2009. In 2013, the global spending on R&D was between $1.2 trillion and $1.5 trillion. With the economies of developing countries growing faster than the economies of developed countries, the number of research facilities and industries that will be established in developing countries is expected to increase during the forecast period.

Market trends

  • Increasing concern about climate change
  • Increasing investments in R&D
  • Increasing application of seaweeds in various products

Key vendors

  • BASF
  • CP Kelco
  • Cyanotech
  • SEPPIC

Other prominent vendors

  • AkerBiomarine
  • Archer Daniels Midland
  • Glycomar
  • Marine ingredients
  • Marshall Marine Products
  • Sea Run Holdings

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Segmentation By Application

Part 09: Segmentation By Geography

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/mrzw57/global_marine?w=4