Introduction to Biotech Entrepreneurship: From Idea to Business 2019
DOI: 10.1007/978-3-030-22141-6_7
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Creating Products and Services in Food Biotechnology

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Cited by 3 publications
(3 citation statements)
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“…Food biotechnology is generally defined as all processes encompassing the engineering of biological platforms to produce consumer food products. A natural ingredient, nutraceutical, and functional food production represent emerging subfields within food biotechnology that are gaining increasing popularity and market size [125]. The nutraceutical market was reported to be valued at nearly 200 billion dollars with a CAGR of 7.5% in 2016, while the functional foods market was reported to be valued at almost 65 billion dollars with a CAGR of 7.4% [125].…”
Section: Food Biotechnologymentioning
confidence: 99%
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“…Food biotechnology is generally defined as all processes encompassing the engineering of biological platforms to produce consumer food products. A natural ingredient, nutraceutical, and functional food production represent emerging subfields within food biotechnology that are gaining increasing popularity and market size [125]. The nutraceutical market was reported to be valued at nearly 200 billion dollars with a CAGR of 7.5% in 2016, while the functional foods market was reported to be valued at almost 65 billion dollars with a CAGR of 7.4% [125].…”
Section: Food Biotechnologymentioning
confidence: 99%
“…A natural ingredient, nutraceutical, and functional food production represent emerging subfields within food biotechnology that are gaining increasing popularity and market size [125]. The nutraceutical market was reported to be valued at nearly 200 billion dollars with a CAGR of 7.5% in 2016, while the functional foods market was reported to be valued at almost 65 billion dollars with a CAGR of 7.4% [125]. The large size and projected growth of the food biotechnology market highlight the potential opportunity for increased cell-free use in food biomanufacturing.…”
Section: Food Biotechnologymentioning
confidence: 99%
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