Marine Biotechnology Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Marine Biotechnology Companies and the market is segmented by Source (Marine Fungi, Marine Algae, Corals and Sponges, Marine Viruses, and Other Sources), End User (Medical and Pharmaceutical, Food Industry, Cosmetics Industry, Chemical Industry, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market provides the value (in USD million) for the above-mentioned segments.

Marine Biotechnology Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Marine Biotechnology Market Size

Marine Biotechnology Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 8.50 %
Fastest Growing Market Asia-Pacific
Largest Market Europe

Major Players

Marine Biotechnology Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Marine Biotechnology Market with other markets in Healthcare Industry

Biotechnology

Pharmaceuticals

Healthcare IT

Medical Devices

Animal Health

Device Drug Combination

Marine Biotechnology Market Analysis

The Marine Biotechnology Market is expected to register a CAGR of 8.5% during the forecast period.

The COVID-19 pandemic affected demand and production in the marine biotechnology industry during the initial phase. On the other hand, the pandemic aided the production of marine-derived supplements since they provided potential health benefits against the COVID-19 infection. For instance, as per the article published in the Journal of Antioxidants in February 2022, several marine algae species have been utilized for their bioactive metabolites with potential antiviral and immunomodulatory activities. Thus, the surging use of marine-derived supplements during the pandemic significantly impacted the market growth. However, with the decrease in number of COVID-19 cases, the marine biotechnology market has gained stable growth and is expected to do the same during the forecast period.

The increase in the usage of marine organisms, such as algae and fungi, in different industries, such as pharmaceuticals, cosmetics, food, and agriculture, is a major factor boosting the growth of the marine biotechnology market. For instance, in July 2021, a team of scientists from the National Institute of Ocean Technology, India, developed an anti-ageing ingredient for making cosmetics with the help of deep-sea bacteria. Furthermore, there is an increasing demand for marine-derived nutritional supplements in developed countries such as the United States, Germany, and the United Kingdom. According to an article published in the Journal of Frontiers in Marine Science in February 2022, certain marine microbes which thrive in harsh environmental conditions produce antioxidant, antibacterial, apoptotic, antitumoral, and antiviral chemicals, which could be used in the production of functional food ingredients for health maintenance and chronic disease prevention. The rise in the utilization of marine resources for the production of nutritional supplements is expected to add to the market's growth during the forecast period. Moreover, high dietary levels of polyunsaturated fatty acids are recommended for infants. These healthy fatty acids are produced in large quantities by marine microalgal species. Advancements in the fields of fisheries, drug discovery, and aquaculture and an increase in awareness regarding the untapped potential and use of marine organisms in different industries are expected to increase demand for marine biotechnology sources shortly.

However, the lack of exploration of the oceans and the limited ability to culture marine microorganisms in laboratory conditions will likely restrict the market's growth during the forecast period.

Marine Biotechnology Industry Overview

The marine biotechnology market is moderately competitive and consists of a large number of major players, including BASF SE, AstaReal Co., Ltd., Aker Biomarine, Euglena Co., Ltd., Cyanotech Corporation, and Earthrise Nutritionals LLC, among others.

Marine Biotechnology Market Leaders

  1. Cyanotech Corporation

  2. Marinomed Biotech AG

  3. PharmaMar SA

  4. BASF SE

  5. AstaReal Co., Ltd. 

  6. *Disclaimer: Major Players sorted in no particular order
Marine Biotechnology Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Marine Biotechnology Market News

  • December 2022: TransGen Biotech Co., Ltd. launched Uracil-DNA Glycosylase (Low Temperature), which is a recombinant protein derived from psychrophile marine bacteria for the elimination of aerosol contamination caused by polymerase chain reaction (PCR) products containing deoxyuridine (dU).
  • March 2022: GlaxoSmithKline and LifeMine Therapeutics signed a contract for USD 70 million to develop three candidates using LifeMine's fungi-based drug discovery engine.

Marine Biotechnology Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increase in the Usage of Marine Organisms in the Pharmaceutical and Cosmetic Industries
    • 4.2.2 Increasing Demand for Marine-Derived Nutritional Supplements
    • 4.2.3 Advancements in the Field of Fisheries and Drug Discovery
  • 4.3 Market Restraints
    • 4.3.1 Lack of Exploration in Oceans
    • 4.3.2 Limited Ability to Culture Marine Micro-organisms in Laboratories
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Source
    • 5.1.1 Corals and Sponges
    • 5.1.2 Algae
    • 5.1.3 Marine Viruses
    • 5.1.4 Marine Fungi
    • 5.1.5 Other Sources
  • 5.2 By End User
    • 5.2.1 Medical and Pharmaceutical
    • 5.2.2 Food Industry
    • 5.2.3 Cosmetics Industry
    • 5.2.4 Chemical Industry
    • 5.2.5 Other End Users
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle-East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle-East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 BASF SE
    • 6.1.2 AstaReal Co., Ltd.
    • 6.1.3 Aker Biomarine
    • 6.1.4 Euglena Co.,Ltd.
    • 6.1.5 Cyanotech Corporation
    • 6.1.6 Earthrise Nutritionals LLC
    • 6.1.7 CP Kelco U.S., Inc
    • 6.1.8 Bluebiotech International GmbH
    • 6.1.9 Marinomed Biotech AG
    • 6.1.10 PharmaMar SA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products, Strategies, and Recent Developments
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Marine Biotechnology Industry Segmentation

As per the scope of the report, marine biotechnology is the use of living cells and cell materials to develop products with the help of marine organisms through the application of molecular biology, biotechnology, cell biology, and bioinformatics. The marine biotechnology market is segmented by source (marine fungi, marine algae, corals and sponges, marine viruses, and other sources), end user (medical and pharmaceutical, food industry, cosmetics industry, chemical industry, and other end users), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report also covers the estimated market sizes and trends of 17 countries across major regions globally. The report offers the value (in USD) for the above segments.

By Source Corals and Sponges
Algae
Marine Viruses
Marine Fungi
Other Sources
By End User Medical and Pharmaceutical
Food Industry
Cosmetics Industry
Chemical Industry
Other End Users
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa GCC
South Africa
Rest of Middle-East and Africa
South America Brazil
Argentina
Rest of South America
Need A Different Region or Segment?
Customize Now

Marine Biotechnology Market Research FAQs

What is the current Global Marine Biotechnology Market size?

The Global Marine Biotechnology Market is projected to register a CAGR of 8.5% during the forecast period (2025-2030)

Who are the key players in Global Marine Biotechnology Market?

Cyanotech Corporation, Marinomed Biotech AG, PharmaMar SA, BASF SE and AstaReal Co., Ltd. are the major companies operating in the Global Marine Biotechnology Market.

Which is the fastest growing region in Global Marine Biotechnology Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Marine Biotechnology Market?

In 2025, the Europe accounts for the largest market share in Global Marine Biotechnology Market.

What years does this Global Marine Biotechnology Market cover?

The report covers the Global Marine Biotechnology Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Marine Biotechnology Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Marine Biotechnology Industry Report

Statistics for the 2025 Marine Biotechnology market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Marine Biotechnology analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.