According to IDTechEx, White Biotechnology’s Impact on the Global Bioeconomy
The growth of the bioeconomy and the circular economy depend on the development of biotechnology. White biotechnology stands out among the many aspects of biotechnology as a crucial facilitator. utilizing biological systems to drive the industrial production of biobased products.
Exposed: White Biotech: What Is It and Why Is It Important?
Using live cell factories like bacteria and yeast, white biotech, often referred to as industrial biomanufacturing, is the industrial production and processing of chemicals, materials, and energy. It offers a sustainable substitute for conventional chemical manufacturing that is dependent on petroleum. In addition to lowering our reliance on fossil fuels, white biotech decreases waste production, conserves energy, and may even produce more ecologically friendly products. White biotechnology is not a new idea, although it has become more well-known recently.
Which begs the question: Why is it so fascinating right now?Synthetic biology is one of the main forces underlying the rebirth of white biotech. the engineering and artificial design of living things and biological systems for use in science or industry. Industrial biomanufacturing now has powerful tools and methodologies thanks to synthetic biology. such as strain engineering and gene editing, opening up new possibilities for white biotech.
However, synthetic biology is only a single component of the whole. White biotech is being supported by other technical developments such as cell-free systems, alternative feedstocks, and innovative biocatalysts.White biotech extends its reach into a wide range of applications with every technical advancement.
Products made with biotechnology are becoming more and more diverse; they range from lubricants to textiles, packaging to additives. More than 100 businesses, from well-known corporations to start-ups, are actively pursuing white biotech initiatives, indicating a lively market.Innovations in technology are simply one component of the problem, though. White Biotech’s initiatives’ economic viability is influenced by a number of factors. Along with external concerns like changing crude oil prices and government regulations, internal aspects like process yield, scalability, and biocatalyst selection need to be taken into account. To fully comprehend how white biotech companies are contributing to the global bioeconomy, a thorough examination is required.