White biotechnology, also known as, industrial biotechnology has been skyrocketing in commercial markets because of the production of useful industrial products by using microorganisms. Today, microorganisms are being used for the production of commercially useful products, such as biofuels, pulp and paper, food, textile and detergents. To diversify the economical values, industrial biotechnology is making use of “genetically modified organisms” to enhance the efficiency of products [1]. Industrial biotechnology focuses on the production of the following products (Figure 1). Figure 1: Industrial Biotechnology. Biofuel production Biofuel production focuses on limiting greenhouse gas emission to prevent global warming, and making the environment clean of any pollution. Ethanol fuel is the most commonly used biofuel, produced by the fermentation of ethanol. Ethanol is produced by the yeast fermentation of cassava, potato, corn, and sugarcane. The production of biofuels is of economic value in agriculture sectors, thus promoting agriculture development in both rural and urban areas. Biofuels has taken over the industrial biotechnology agenda in recent years. The year 2005 has been regarded as the peak point for biofuels.