Abstract
Blue Biotechnology, Renewable Energy, Unconventional Resources and Products as Emerging Frontiers at Sea
Highlights
Marine Biotechnology, means diverse things to different people
Marine biotechnology, is the utilization of marine bioresources as the objective or source of biotechnological applications; marine resources are utilized to develop products or services; the marine environment can likewise be the beneficiary of biotechnology applications developed using terrestrial resources
Blue is the shade of the seas and of the oceans and that is just why it defines the world of biotechnology that utilizes molecules and substances of marine origin, while other specific sectors defined by colors for example red for pharmaceuticals, white for industrial biotechnology, green for agricultural, yellow for environmental (Greco and Cinquegrani, 2016)
Summary
Marine Biotechnology, means diverse things to different people. Marine biotechnology, is the utilization of marine bioresources as the objective or source of biotechnological applications; marine resources are utilized to develop products or services; the marine environment can likewise be the beneficiary of biotechnology applications developed using terrestrial resources. As indicated by the Smithers Group (2015), global market for marine biotechnology can possibly reach $4.8 billion by 2020, rising to $6.4 billion by 2025. The United States leads the market with biggest share for marine biotechnology. Healthcare services or biotechnology constitutes biggest end-utilize section for marine bioresources. In Asia Pacific, China, India, South Korea and Japan, Thailand and Vietnam and Australia are expected to become significant markets for marine biotechnology within a reasonable time-frame, Bangladesh is quite behind
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
