The industrial biotechnology market is poised for sharp growth in the coming decade,and players across the indus-trial biotechnology value chain will capture a significant share of this value.There are a number of drivers behind this growth,several of which are discussed in this paper.What makes a product an industrial biotechnology product?Industrial biotech products are chemical products relying on biobased feedstocks,fermentation,enzymatic conversion,or some combination of the above[Figure 1].
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