Marine Biotechnology Market Projected to Reach USD 22.04 Billion by...

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2025-10-29 08:59:04 -

Marine Biotechnology Market Projected to Reach USD 22.04 Billion by 2032 with 6.6% Growth Rate

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...

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