Marine Biotechnology Market Poised for Strong Growth Driven by Bio-Sustainability and Blue Economy Innovation The global marine biotechnology market is projected to surge significantly over the coming years, fueled by rising demand for sustainable marine-derived bio-products, increasing investments in blue economy research, and growing applications in pharmaceuticals, bioenergy, and...

The Global Marine Biotechnology Market is experiencing significant growth as industries increasingly use marine bioresources for pharmaceuticals, nutraceuticals, cosmetics, and industrial purposes. Valued at USD 6.87 billion in 2024, the market is expected to reach USD 12.46 billion by 2032, with a CAGR of 7.8% during this period. This growth is driven by improvements in genomics, the discovery...