White biotechnology, also referred to as industrial biotechnology is utilized in the manufacture and processing of substances, elements, compounds and energy. It makes use of macromolecular biological catalysts and microscopic organisms to generate commodities in the industries of chemicals, energy, paper and pulp, pharmaceuticals, fabrics, bio-polymers, bio-plastics and individual care.
Policies of the government with respect to green commodities and the chemical industry’s increasing requirement for the same are likely factors, expanding the worldwide white biotechnology market further. Moreover, wavering costs and supply of crude oil are also projected to propel the market ahead. Among various geographical regions, North America occupied the biggest share in the white biotechnology market.