Market Overview:
The global plant cell photobioreactors market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for plant-based proteins and biofuels. Additionally, the growing awareness about the benefits of using photobioreactors is also contributing to the growth of this market. The global plant cell photobioreactors market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into up to 100L, 100L-500L, 500L-1000L, and other segments. The up to 100 L segment is expected to account for a major share in terms of revenue in 2018 owing to its low cost and easy installation as compared with larger systems. On the basis of application, it can be classified into labs and chemical plants segments.
Product Definition:
A plant cell photobioreactor is a bioreactor that uses light energy to promote the growth of photosynthetic cells, such as algae or cyanobacteria. The importance of plant cell photobioreactors lies in their potential to produce high-value products, such as biofuels, pharmaceuticals, and nutraceuticals.
Up to 100L:
Up to 100L is a photobioreactor system that can be used for the cultivation of micro-organisms such as algae and bacteria. It has applications in biofuel production, wastewater treatment, food & beverage processing, bioprocess engineering and other industrial processes. The up to 100L plant cell photobioreactors market is expected to witness significant growth over the forecast period owing to its increasing application areas coupled with technological advancements in this sector.
100L-500L:
100L-500L is a photobioreactor system that can be used for continuous production of high yield plant tissues. It is designed to work with light intensity between 400-800 Lx and has the ability to grow plants in hydroponic as well as soil based culture systems.
Application Insights:
The labs segment dominated the global plant cell photobioreactors market in terms of revenue in 2017. This is attributed to a rise in demand for advanced products and services that enhance crop productivity. Moreover, governments have launched initiatives to increase agricultural research activities which has further propelled the growth of this segment over the forecast period.
In recent years, there has been an increased focus on developing lab-on-a-chip technology which can be used for various applications such as water treatment and food testing. The use of lab-on-a-chip technology is expected to witness significant growth due to its ability to miniaturize complex systems into a smaller size thus making them more efficient and economical solutions compared with their larger counterparts. These factors are anticipated to drive product demand from the labs segment over the forecast period thereby contributing toward overall industry growth during this time frame.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing R&D activities and technological advancements in agriculture. In addition, rising awareness among farmers about modern horticultural techniques is anticipated to propel regional market growth during the forecast period.
Asia Pacific plant cell photobioreactors market is expected to witness lucrative growth over the projected period owing to untapped opportunities and rapid developments in research infrastructure across emerging economies such as China, India, Indonesia, Malaysia & Thailand (CIMT). Moreover, government initiatives encouraging private investments are likely boost regional demand for PVB in near future. For instance; Government of India launched “Uday-India†welfare scheme with an aim towards eradication of poverty from India by 2022., which includes a component aimed at boosting agricultural production output through innovation & technology enhancement in farming practices.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and with it the demand for food. Livestock farming is one of the most resource-intensive forms of agriculture and it also contributes to greenhouse gas emissions. Plant cell photobioreactors can help meet the increasing demand for plant-based proteins without putting a strain on resources.
- Rising awareness about the health benefits of plant-based proteins: There is a growing awareness about the health benefits of plant-based proteins compared to meat protein. This is driving people towards vegetarian and vegan diets, which in turn is boosting the market for plant cell photobioreactors.
- Growing popularity of sustainable farming practices: Sustainable farming practices are becoming increasingly popular as people become more aware about their impact on environment and climate change. Plant cell photobioreactors are an environmentally friendly way to produce protein rich crops without using land or water resources inefficiently .
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant Cell Photobioreactors Market Research Report
By Type
Up to 100L, 100L-500L, 500L-1000L, Other
By Application
Labs, Chemical Plant
By Companies
Sartorius, BBI-Biotech, Texas Biotec, IKA, Shanghai Baoxing, Micro-Giant BioEngineering, Solaris Biotech, Yantai Gaoxin Haiyang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Plant Cell Photobioreactors Market Report Segments:
The global Plant Cell Photobioreactors market is segmented on the basis of:
Types
Up to 100L, 100L-500L, 500L-1000L, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Labs, Chemical Plant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sartorius
- BBI-Biotech
- Texas Biotec
- IKA
- Shanghai Baoxing
- Micro-Giant BioEngineering
- Solaris Biotech
- Yantai Gaoxin Haiyang
Highlights of The Plant Cell Photobioreactors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Up to 100L
- 100L-500L
- 500L-1000L
- Other
- By Application:
- Labs
- Chemical Plant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plant Cell Photobioreactors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plant cell photobioreactors are a type of artificial photosynthesis that uses light to convert energy from the sun into chemical fuels and oxygen.
Some of the major players in the plant cell photobioreactors market are Sartorius, BBI-Biotech, Texas Biotec, IKA, Shanghai Baoxing, Micro-Giant BioEngineering, Solaris Biotech, Yantai Gaoxin Haiyang.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plant Cell Photobioreactors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plant Cell Photobioreactors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plant Cell Photobioreactors Market - Supply Chain
4.5. Global Plant Cell Photobioreactors Market Forecast
4.5.1. Plant Cell Photobioreactors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plant Cell Photobioreactors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plant Cell Photobioreactors Market Absolute $ Opportunity
5. Global Plant Cell Photobioreactors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plant Cell Photobioreactors Market Size and Volume Forecast by Type
5.3.1. Up to 100L
5.3.2. 100L-500L
5.3.3. 500L-1000L
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plant Cell Photobioreactors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plant Cell Photobioreactors Market Size and Volume Forecast by Application
6.3.1. Labs
6.3.2. Chemical Plant
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plant Cell Photobioreactors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plant Cell Photobioreactors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plant Cell Photobioreactors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plant Cell Photobioreactors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plant Cell Photobioreactors Demand Share Forecast, 2019-2026
9. North America Plant Cell Photobioreactors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plant Cell Photobioreactors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plant Cell Photobioreactors Market Size and Volume Forecast by Application
9.4.1. Labs
9.4.2. Chemical Plant
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plant Cell Photobioreactors Market Size and Volume Forecast by Type
9.7.1. Up to 100L
9.7.2. 100L-500L
9.7.3. 500L-1000L
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plant Cell Photobioreactors Demand Share Forecast, 2019-2026
10. Latin America Plant Cell Photobioreactors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plant Cell Photobioreactors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plant Cell Photobioreactors Market Size and Volume Forecast by Application
10.4.1. Labs
10.4.2. Chemical Plant
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plant Cell Photobioreactors Market Size and Volume Forecast by Type
10.7.1. Up to 100L
10.7.2. 100L-500L
10.7.3. 500L-1000L
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plant Cell Photobioreactors Demand Share Forecast, 2019-2026
11. Europe Plant Cell Photobioreactors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plant Cell Photobioreactors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plant Cell Photobioreactors Market Size and Volume Forecast by Application
11.4.1. Labs
11.4.2. Chemical Plant
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plant Cell Photobioreactors Market Size and Volume Forecast by Type
11.7.1. Up to 100L
11.7.2. 100L-500L
11.7.3. 500L-1000L
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type 11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plant Cell Photobioreactors Demand Share, 2019-2026
12. Asia Pacific Plant Cell Photobioreactors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plant Cell Photobioreactors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plant Cell Photobioreactors Market Size and Volume Forecast by Application
12.4.1. Labs
12.4.2. Chemical Plant
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plant Cell Photobioreactors Market Size and Volume Forecast by Type
12.7.1. Up to 100L
12.7.2. 100L-500L
12.7.3. 500L-1000L
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plant Cell Photobioreactors Demand Share, 2019-2026
13. Middle East & Africa Plant Cell Photobioreactors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plant Cell Photobioreactors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plant Cell Photobioreactors Market Size and Volume Forecast by Application
13.4.1. Labs
13.4.2. Chemical Plant
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plant Cell Photobioreactors Market Size and Volume Forecast by Type
13.7.1. Up to 100L
13.7.2. 100L-500L
13.7.3. 500L-1000L
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plant Cell Photobioreactors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plant Cell Photobioreactors Market: Market Share Analysis
14.2. Plant Cell Photobioreactors Distributors and Customers
14.3. Plant Cell Photobioreactors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sartorius
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BBI-Biotech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Texas Biotec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IKA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shanghai Baoxing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Micro-Giant BioEngineering
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Solaris Biotech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yantai Gaoxin Haiyang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
