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    US Synthetic Biology Market

    ID: MRFR/HC/11324-CR
    100 Pages
    Garvit Vyas
    December 2023

    US Synthetic Biology Market Research Report Information By Tool (Oligonucleotides and Synthetic DNA, Enzymes, Cloning Technologies Kits, Synthetic Cells, Chassis Organisms, Xeno-nucleic Acids), By Technologies (Gene Synthesis, Genome Engineering, Sequencing, Bioinformatics, Site-directed Mutagenesis, Cloning, Measurement and Modeling, Microfluidics, Nanotechnology), By Application (Medical Application, Artifical Tissue and Tissue Regeneration, Industrial Applications, Food & Agriculture, Environmental Applications) and By Region (North A...

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    US Synthetic Biology Market Infographic
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    US Synthetic Biology Market Summary

    The US Synthetic Biology market is poised for substantial growth, projected to reach 75 USD billion by 2035 from a base of 25 USD billion in 2024.

    Key Market Trends & Highlights

    US Synthetic Biology Key Trends and Highlights

    • The market is expected to grow from 25 USD billion in 2024 to 75 USD billion by 2035.
    • A compound annual growth rate (CAGR) of 10.5 percent is anticipated from 2025 to 2035.
    • The increasing demand for sustainable solutions is likely to drive innovation within the synthetic biology sector.
    • Growing adoption of synthetic biology technologies due to the need for environmentally friendly production methods is a major market driver.

    Market Size & Forecast

    2024 Market Size 25 (USD Billion)
    2035 Market Size 75 (USD Billion)
    CAGR (2025 - 2035) 10.5%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Synthetic Biology Market market include

    Report Scope

    Report Attribute/Metric Details
      Market Size   USD 10,807.10 million
      CAGR   6.27%
      Base Year   2021
      Forecast Period   2022-2030
      Historical Data   2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By source, Type. Application, region
      Geographies Covered   North America, Europe, Asia Pacific
      Key Vendors   Chr. Hansen Holding A/S (Denmark), BASF (Germany), DuPont de Nemours (US), Inc, Koninklijke DSM N.V N.V (Netherlands), Novozymes (Denmark), Advanced Enzyme Technologies Ltd (India), Adisseo (China), Dyadic International, Inc (US), Kerry Group PLC (Ireland), and Amano Enzyme Inc (Japan).
      Key Market Opportunities   Demand for natural substitutes of synthetic chemicals
      Key Market Drivers   Lack of standard regulatory scenario

    FAQs

    What is the expected market size of the US Synthetic Biology Market in 2024?

    The US Synthetic Biology Market is expected to be valued at 3.25 billion USD in 2024.

    What is the projected market value of the US Synthetic Biology Market by 2035?

    By 2035, the US Synthetic Biology Market is expected to reach a value of 39.5 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Synthetic Biology Market from 2025 to 2035?

    The market is projected to achieve a CAGR of 25.49% from 2025 to 2035.

    Which application segment is anticipated to have the largest market share in 2035?

    The Healthcare application segment is anticipated to dominate the market, reaching 16.0 billion USD by 2035.

    What will be the market value of the Agriculture segment of the US Synthetic Biology Market in 2035?

    The Agriculture segment is expected to be valued at 9.5 billion USD in 2035.

    How much will the Industrial Biomanufacturing segment be valued at by 2035?

    The Industrial Biomanufacturing segment is projected to reach a value of 7.5 billion USD by 2035.

    What is the anticipated market size for the Environmental Management segment in 2035?

    The Environmental Management segment is expected to achieve a market size of 6.5 billion USD by 2035.

    Who are the major players in the US Synthetic Biology Market?

    Key players in the market include Codexis, Berkeley Lights, Synthego, Zymergen, Genomatica, Intrexon, and Ginkgo Bioworks, among others.

    What are some emerging trends in the US Synthetic Biology Market?

    Key trends include advancements in genetic engineering, increasing investment in biomanufacturing, and the application of synthetic biology in healthcare and environmental solutions.

    What impact does the current global economic climate have on the US Synthetic Biology Market?

    The current global economic climate presents both challenges and opportunities, encouraging innovation and collaboration among market players.

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    Case Study
    Chemicals and Materials