Global Synthetic Biology Market Estimated to Hit $77.5 Billion by 2030: Synergy of AI and Synthetic Biology Creates Lucrative Growth Prospects

Dublin, July 10, 2023 (GLOBE NEWSWIRE) -- The "Synthetic Biology: Global Strategic Business Report" report has been added to's offering.

The global market for Synthetic Biology estimated at US$10.8 Billion in the year 2022, is projected to reach a revised size of US$77.5 Billion by 2030, growing at a CAGR of 27.9% over the analysis period 2022-2030.

Oligonucleotides & Synthetic DNA, one of the segments analyzed in the report, is projected to record a 29.1% CAGR and reach US$35.7 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Enzymes segment is readjusted to a revised 26.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 32.5% CAGR

The Synthetic Biology market in the U.S. is estimated at US$4.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.9 Billion by the year 2030 trailing a CAGR of 32.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.2% and 27.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 29.2% CAGR.

Select Competitors (Total 141 Featured) -

  • Agilent Technologies, Inc
  • Amyris, Inc
  • Arzeda
  • Atum
  • Codexis, Inc
  • Creative Enzymes
  • Cyrus Biotechnology, Inc
  • Editas Medicine, Inc
  • Eurofins Genomics Blue Heron LLC
  • Eurofins Scientific
  • GENEWIZ, Inc
  • GeneWorks Pty Ltd
  • Genscript Biotech Corporation
  • Ginkgo Bioworks
  • Integrated Dna Technologies, Inc
  • New England Biolabs
  • Novozymes A/S
  • OriGene Technologies, Inc
  • Sanofi S.A.
  • Synthego Corporation
  • TeselaGen Biotechnology Inc
  • Thermo Fisher Scientific, Inc
  • Twist Bioscience

Key Attributes:

Report AttributeDetails
No. of Pages442
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$10.8 Billion
Forecasted Market Value (USD) by 2030$77.5 Billion
Compound Annual Growth Rate27.9%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • COVID-19 Pandemic Poised to Drive Demand for Synthetic Biology
  • Synthetic Biologists Create Slow-Growing Version of COVID-19 as Vaccine Candidate
  • Role of Synthetic Biology in Combating COVID-19
  • 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Synthetic Biology - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Synthetic Biology - A New Interdisciplinary Field
  • Growing Importance of Synthetic Biology
  • Applications of Synthetic Biology
  • Synthetic Biology Tools
  • Technologies Involved
  • Market Outlook
  • Regional Landscape
  • Major Challenges and Concerns
  • Teaming R&D Funding & Potential to Alter Molecular Landscape Enable Global Synthetic Biology Market to Remain in High Spirits
  • Synthetic Biology to Radically Change the World for Good with Endless Applications
  • Competitive Landscape
  • Major Players by Industry Verticals
  • Select Market Participants
  • Synthetic Biology Startups Get Aggressive on Bioengineered Product Commercialization
  • Compelling Breakthroughs Drive Funding
  • Top Funded Synthetic Biology Startups in Q2 2020
  • Recent Market Activity



  • Synthetic Biology Market Witnesses Significant Rise in Investments
  • Importance of Synthetic Biology for Investments
  • Efforts from Leading Players Bodes Well for Market Growth
  • Patent Landscape Gets Richer
  • Synthetic Biology Patent Landscape by Assignee Countries (in %) : 2003-2020
  • Top 15 Patent Assignees in Synthetic Biology Domain: 2003-2018
  • Select Patent Assignees for Synthetic Biology in the US: 2019
  • Robotics and Workflow Automation Support Market Expansion
  • Advancements in Instrumentation Augurs Well
  • Improvements in Computer-Aided Biology
  • Fusion of AI and Synthetic Biology Expands Opportunities
  • Synthetic Biology Brings a Paradigm Shift in the Field of Biological Research
  • DNA Sequencing Plays an Important Role
  • Plummeting Cost of DNA Sequencing Bolsters Market Growth
  • Cost per Genome Sequencing: 2001-2020
  • Food Scarcity to Fuel Synthetic Biology Application in Agriculture
  • Select Companies Engaged in Making Food Using Synthetic Biology
  • Synthetic Biology Aids in Development of Exotic and Artificially Grown Meats and Proteins to Meet Future Food Demand
  • Growing Demand for GM Crops Opens Up Growth Avenues
  • Synthetic Biology-based Ingredients Gain Traction
  • Role of Synthetic Biology in Producing Plants with Desirable Characteristics
  • Synthetic Biology Gains Prominence in Biomedical Applications
  • Synthetic Genes Open up a New World of Drug Development
  • Synthetic Biology to Transform Healthcare with Captivating Advances in Biomedicine
  • Synthetic Biology Enables Creation of Advanced Biosensing Systems
  • Synthetic Biology Gains Significance in Production of Bio-Based Chemicals and Biofuels
  • Global Biofuels Market in US$ Billion: 2019 and 2024
  • Synthetic Biology Gains Importance as Focus on Carbon Recycling Increases
  • Synthetic Biology Disrupts the Cosmetics Sector
  • Capability of Synthetic Biology in Environmental Applications
  • Synthetic Biology Creates Buzz as Key Enabler of Exciting & Dynamic Applications for Diverse Domains
  • Synthetic Biology for Advanced, Multifunctional Materials
  • Genetically Engineered Fabrics and Sustainable Dyes Using Synthetic Biology to Transform Textile Industry
  • Select Synthetic Biology Offerings in Textile Industry
  • Personalized Medicine to Display Notable Leap Forward with Synthetic Biology
  • 3D Bio-Printing




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Global Market for Synthetic Biology