Marine Biotechnology Market is expected to grow at a CAGR of 19.81% Marine Biotechnology Market Forecast 2017-2025 | Page 4

Global Marine Biotechnology Market Forecast 2017-2025 REGIONAL INSIGHTS: Geographically, the global marine biotechnology market has been segmented into the following regions: North America - U.S. & Canada, Asia-Pacific – China, India, Japan, and Rest of APAC, Europe - UK, France, Germany, Spain, Italy and Rest of Europe, Rest of World- Latin America, Middle East and North Africa and Rest of Africa. The North America marine biotechnology market is expected to hold the highest share by the end of the forecast years. An extensive research for marine biofuels in the North American countries coupled with the growing biomaterial-based medical applications in knee implants, bone morph genic proteins, artificial ligaments, bone plates, and dental implants are boosting the market in this region. On the other hand, it is the Asia-Pacific market which is anticipated to be the fastest-growing region in the marine biotechnology market on account of its huge exports of marine food products. China is the world’s largest exporter of sea foods with 12% share in seafood exports globally. Other factors driving the marine biotechnology market in this region are a huge amount of research prevailing for marine bio discovery and new molecule identification. Buy a Copy of Report @ http://www.reportsnreports.com/purchase.aspx?name=1151662 © ReportsnReports.com / Contact [email protected] 4