Global Synthetic Biology Market – Focused Insights 2024-2029
THE GLOBAL SYNTHETIC BIOLOGY MARKET WAS VALUED AT USD 15.20 BILLION IN 2023 AND IS EXPECTED TO REACH USD 59.91 BILLION BY 2029, GROWING AT A CAGR OF 25.68% DURING FORECAST PERIOD.

Synthetic Biology Market Size, Share, Growth, Trend Analysis Report By Tool (Enzymes, Cloning Technology Kits, Synthetic DNA), By Technology, By Application, By End-User, By Geography, Industry Forecast Report 2024-2029
Published Date : October 2024
Last Updated : May 2025
format: PDF
edition : Second Edition
158 pages
11 tables
38 charts
5 region
18 countries
38 company
5 segments
Purchase Options
Global Synthetic Biology Market – Focused Insights 2024-2029
THE GLOBAL SYNTHETIC BIOLOGY MARKET WAS VALUED AT USD 15.20 BILLION IN 2023 AND IS EXPECTED TO REACH USD 59.91 BILLION BY 2029, GROWING AT A CAGR OF 25.68% DURING FORECAST PERIOD.
The Synthetic Biology Market Size, Share & Trend Analysis Report By
- Tool: Oligonucleotides & Synthetic DNA, Enzymes, Cloning Technology Kits, Xeno-Nucleic Acids, and Chassis Organisms
- Technology: Enabling Technology and Enabled Technology
- Application: Healthcare Application, Industrial Application, Food & Agriculture Application, and Environmental Application
- End-User: Academic/Research Institutes & Laboratories, Pharma & Biotech Companies, and Others
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
GLOBAL SYNTHETIC BIOLOGY MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
Market Size (2029) | USD 59.91 Billion |
Market Size (2023) | USD 15.20 Billion |
CAGR (2023-2029) | 25.68% |
HISTORIC YEAR | 2020-2022 |
BASE YEAR | 2023 |
FORECAST YEAR | 2024-2029 |
MARKET SEGMENTS BY | Tool, Technology, Application, End-User, and Geography |
GEOGRAPHIC ANALYSIS | North America, Europe, APAC, Latin America, and Middle East & Africa |
KEY PLAYERS | Agilent Technologies, Codexis, Eurofins Scientific, Illumina, Novozymes, and Thermo Fisher Scientific |
SYNTHETIC BIOLOGY MARKET SIZE
The global synthetic biology market size was valued at USD 15.20 billion in 2023 and is expected to reach USD 59.91 billion by 2029, growing at a CAGR of 25.68% during the forecast period.
The global synthetic biology market is a thriving hub of innovation, led by giants like Agilent Technologies, Thermo Fisher Scientific, and Illumina, who are constantly evolving to maintain their competitive edge. Through bold R&D investments, new product launches, and strategic patents, these leaders drive advancements across healthcare, agriculture, industry, and environmental sectors. Yet, the market’s vibrancy doesn’t stop there—emerging players are making waves with groundbreaking tools and niche solutions to boom in the market.
Strategic Initiatives and New Collaborations in the Synthetic Biology Market
Novozymes and Codexis are actively pursuing strategic initiatives to bolster their market presence, including the launch of new products and fostering collaborative efforts. Similarly, Agilent Technologies and Eurofins Scientific are key players focusing on introducing new products in targeted regions to increase their global market share.
In 2023, Sumitomo Chemical and Ginkgo Bioworks launched a new initiative to utilize synthetic biology to produce functional chemicals, marking their third collaborative project. Since 2021, the two companies have worked together on biomanufacturing solutions for personal care, cosmetics, agriculture, and pharmaceuticals. Their latest project is aimed at enabling large-scale production of functional chemicals through fermentation.
Synthetic Biology Trends Driving Market Growth
Advances in synthetic biology platforms, metabolic engineering, and gene synthesis are reshaping industries. From genetically engineered crops and biofuels to personalized medicine and multiplexed diagnostics, synthetic biology enables precise biological design. Companies like Impossible Foods exemplify this transformation by creating plant-based meat using synthetic biology techniques, showcasing the growing synthetic genes market.
Sustainability and Bio-Based Innovation
The synthetic biology market forecast anticipates strong momentum as the demand for bio-based products and sustainable energy solutions rises. Innovations in microbial engineering allow the conversion of renewable resources into high-value chemicals and fuels, reducing reliance on fossil fuels and promoting environmental sustainability.
Applications in Healthcare and Therapeutics
The healthcare segment leads the synthetic biology market share, especially in therapeutic genome editing and CRISPR-based diagnostics. With synthetic biology enabling tailored treatments and fast, accurate disease detection, its integration into personalized medicine and next-gen vaccines is accelerating.
Challenges and Market Restraints
Despite growth, the industry faces challenges such as regulatory hurdles, high R&D costs, and potential disruption to existing technologies. Emerging economies are catching up in innovation, but biology market research shows patent dominance in high-income countries like the U.S. and the U.K.
Synthetic Biology Market Segmentation
Tool Insights
- Oligonucleotides & Synthetic DNA lead the market due to widespread use in PCR, sequencing, and diagnostics.
- Rapid growth is driven by next-gen DNA synthesizers enabling precision gene design and novel therapeutics.
Technology Insights
- Enabling technologies (gene synthesis, bioinformatics, genome engineering) show the fastest growth.
- Core to synthetic biology innovation across healthcare, agriculture, and biotech.
Application Insights
- Healthcare dominates with applications in immunology, cancer, genetics, and neuroscience.
- Synthetic biology tools are revolutionizing personalized medicine and advanced diagnostics.
End-User Insights
- Pharma & biotech companies lead adoption for drug development and biosynthetic applications.
- Focus on small-molecule drugs, microbial production, and R&D-driven innovations.
Regional Outlook
North America Synthetic Biology Trends
North America dominates the global synthetic biology market, supported by leading R&D infrastructure and high adoption of cell and gene therapies. The region is home to over 530 regenerative medicine companies, making it a hub for innovation and clinical advancement.
Synthetic Biology Market Vendor Insights
According to the latest synthetic biology market report, major players include Agilent Technologies, Thermo Fisher Scientific, Illumina, Codexis, Eurofins Scientific, and Novozymes. These companies drive competition through innovation, strategic partnerships, and consistent product development in healthcare, agriculture, and environmental applications.
Europe Synthetic Biology Trends
Europe stands as a key global player in the life sciences, ranking just behind North America in fields like synthetic biology, genome sequencing, and cell and gene therapy. This leadership is supported by a strong research and development infrastructure capable of handling complex sequencing and data analysis tasks. The widespread adoption of next-generation sequencing (NGS) and synthetic biology tools across European countries reflects a deep commitment to technological innovation.
The European Synthetic Biology Society (EUSynBioS) plays a vital role in connecting researchers and promoting collaboration between academia and industry. Governments across the continent are increasing investments in synthetic biology to drive economic growth and address strategic challenges in areas such as agriculture, energy, and defense.
The UK, in particular, leads in this space thanks to its skilled workforce and advanced research infrastructure, attracting significant investment. Europe also leverages synthetic biology for sustainability, using it to convert waste into useful materials and reduce environmental impact, aligning science with green goals.
The Synthetic Biology Market Report Addresses:
- Comprehensive Market Intelligence to support informed and strategic decision-making.
- Market Size Estimation and Forecasts from 2020 to 2029 for actionable future planning.
- Identification of Growth Opportunities and Emerging Trends to leverage market potential.
- Detailed Segment and Regional Revenue Projections for accurate market assessment.
- Competitive Landscape Analysis, including strategic insights and market share evaluation.
- Innovative Product Developments and Launches to help you stay ahead in a dynamic market.
SNAPSHOT
The global synthetic biology market size is expected to grow at a CAGR of approximately 25.68% from 2023 to 2029.
Base Year: 2023
Forecast Year: 2024-2029
The report considers the present scenario of global synthetic biology and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
SYNTHETIC BIOLOGY MARKET VENDORS
Key Vendors
- Agilent Technologies
- Business Overview
- Product Offerings
- Codexis
- Eurofins Scientific
- Illumina
- Novozymes
- Thermo Fisher Scientific
Other Prominent Vendors
- Amyris
- Business Overview
- Product Offerings
- ATUM
- Bio-Rad Laboratories
- Creative Biogene
- Creative Enzymes
- Cyrus Biotechnology
- Editas Medicine
- Genomatica
- Genscript
- Ginkgo Bioworks
- Integrated DNA Technologies
- LGC Biosearch Technologies
- New England Biolabs
- OriGene Technologies
- Precigen
- Sentebiolab
- SynbiCITE
- Synthego
- Tessera Therapeutics
- Viridos
- Asimov
- Twist Bioscience
- Mammoth Biosciences
- ElevateBio
- Dupont
- DSM
- Bota Biosciences
- Kiverdi
- Merck KGaA
- Synlogic
- Huee
- Upside Foods
SEGMENTATION & FORECAST
- By Tool
- Oligonucleotides and Synthetic DNA
- Enzymes
- Cloning Technology Kits
- Xeno-Nucleic Acids
- Chassis Organisms
- By Technology
- Enabling Technology
- Enabled Technology
- By Application
- Healthcare Application
- Industrial Application
- Food & Agriculture Application
- Environmental Application
- By End-User
- Academic/Research Institutes & Laboratories
- Pharma & Biotech Companies
- Others
- By Geography
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- France
- Italy
- Spain
- APAC
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Turkey
- South Africa
- Saudi Arabia
Frequently Asked Questions
What are the key drivers of the global synthetic biology market?
How big is the global synthetic biology market?
Which region dominates the global synthetic biology market?
What is the growth rate of the global synthetic biology market?
Who are the major players in the global synthetic biology market?
Exhibit 1: Projected Revenues of Global Synthetic Biology Market (2020–2029; $ BN)
Exhibit 2: Market Size & Forecast – Oligonucleotides and Synthetic DNA (2020–2029; $ BN)
Exhibit 3: Market Size & Forecast –Enzymes (2020–2029; $ BN)
Exhibit 4: Market Size & Forecast – Cloning Technology Kits (2020–2029; $ BN)
Exhibit 5: Market Size & Forecast – Xeno-Nucleic Acids (2020–2029; $ BN)
Exhibit 6: Market Size & Forecast – Chassis Organisms (2020–2029; $ BN)
Exhibit 7: Market Size & Forecast – Enabling Technology (2020–2029; $ BN)
Exhibit 8: Market Size & Forecast – Enabled Technology (2020–2029; $ BN)
Exhibit 9: Market Size & Forecast – Healthcare Application (2020–2029; $ BN)
Exhibit 10: Market Size & Forecast – Industrial Application (2020–2029; $ BN)
Exhibit 11: Market Size & Forecast – Food & Agriculture Applications (2020–2029; $ BN)
Exhibit 12: Market Size & Forecast – Environmental Application (2020–2029; $ BN)
Exhibit 13: Market Size & Forecast – Academic/Research Institutes & Laboratories (2020–2029; $ BN)
Exhibit 14: Market Size & Forecast – Pharma & Biotech Companies (2020–2029; $ BN)
Exhibit 15: Market Size & Forecast – Others (2020–2029; $ BN)
Exhibit 16: Projected Revenues of Synthetic Biology in North America (2020–2029; $ BN)
Exhibit 17: Projected Revenues of Synthetic Biology in the US (2020–2029; $ BN)
Exhibit 18: Projected Revenues of Synthetic Biology in Canada (2020–2029; $ BN)
Exhibit 19: Projected Revenues of Synthetic Biology in Europe (2020–2029; $ BN)
Exhibit 20: Projected Revenues of Synthetic Biology in UK (2020–2029; $ BN)
Exhibit 21: Projected Revenues of Synthetic Biology in Germany (2020–2029; $ BN)
Exhibit 22: Projected Revenues of Synthetic Biology in France (2020–2029; $ BN)
Exhibit 23: Projected Revenues of Synthetic Biology in Italy (2020–2029; $ BN)
Exhibit 24: Projected Revenues of Synthetic Biology in Spain (2020–2029; $ BN)
Exhibit 25: Projected Revenues of Synthetic Biology in APAC (2020–2029; $ BN)
Exhibit 26: Projected Revenues of Synthetic Biology in Japan (2020–2029; $ BN)
Exhibit 27: Projected Revenues of Synthetic Biology in China (2020–2029; $ BN)
Exhibit 28: Projected Revenues of Synthetic Biology in South Korea (2020–2029; $ BN)
Exhibit 29: Projected Revenues of Synthetic Biology in Australia (2020–2029; $ BN)
Exhibit 30: Projected Revenues of Synthetic Biology in India (2020–2029; $ BN)
Exhibit 31: Projected Revenues of Synthetic Biology in Latin America (2020–2029; $ BN)
Exhibit 32: Projected Revenues of Synthetic Biology in Brazil (2020–2029; $ BN)
Exhibit 33: Projected Revenues of Synthetic Biology in Mexico (2020–2029; $ BN)
Exhibit 34: Projected Revenues of Synthetic Biology in Argentina (2020–2029; $ BN)
Exhibit 35: Projected Revenues of Synthetic Biology in the MEA (2020–2029; $ BN)
Exhibit 36: Projected Revenues of Synthetic Biology in Turkey (2020–2029; $ BN)
Exhibit 37: Projected Revenues of Synthetic Biology in Saudi Arabia (2020–2029; $ BN)
Exhibit 38: Projected Revenues of Synthetic Biology in South Africa (2020–2029; $ BN)
List of Tables
Table 1: Projected Revenues of Global Synthetic Biology Market (2020–2029; $ BN)
Table 2: Global Synthetic Biology Market by Technology (2020–2029; %)
Table 3: Global Synthetic Biology Market by Technology (2020–2029; $ BN)
Table 4: Global Synthetic Biology Market by Tool (2020–2029; %)
Table 5: Global Synthetic Biology Market by Tool (2020–2029; $ BN)
Table 6: Global Synthetic Biology Market by Application (2020–2029; %)
Table 7: Global Synthetic Biology Market by Application (2020–2029; $ BN)
Table 8: Global Synthetic Biology Market by End-User (2020–2029; %)
Table 9: Global Synthetic Biology Market by End-User (2020–2029; $ BN)
Table 10: Global Synthetic Biology Market by Geography (2020–2029; %)
Table 11: Global Synthetic Biology Market by Geography (2020–2029; $ BN)
CHAPTER – 1: Synthetic Biology Market Overview
- Executive Summary
- Key Findings
CHAPTER – 2: Synthetic Biology Market
- GLOBAL: Projected Revenue of Synthetic Biology Market (2020-2029; $Billions)
CHAPTER – 3: Synthetic Biology Market Segmentation Data
- GLOBAL: Projected Revenue by Tool (2020-2029; $Billions)
- Oligonucleotides and Synthetic DNA
- Enzymes
- Cloning Technology Kits
- Xeno-Nucleic Acids
- Chassis Organisms
- GLOBAL: Projected Revenue by Technology (2020-2029; $Billions)
- Enabling Technology
- Enabled Technology
- GLOBAL: Projected Revenue by Application (2020-2029; $Billions)
- Healthcare Application
- Industrial Application
- Food & Agriculture Application
- Environmental Application
- GLOBAL: Projected Revenue by End-User (2020-2029; $Billions)
- Academic/Research Institutes & Laboratories
- Pharma & Biotech Companies
- Others
CHAPTER – 4: Key Regions Overview
- North America: Projected Revenue of Synthetic Biology Market (2020-2029; $Billions)
- Projected Revenue of Synthetic Biology Market in US
- Projected Revenue of Synthetic Biology Market in Canada
- Europe: Projected Revenue of Synthetic Biology Market (2020-2029; $Billions)
- Projected Revenue of Synthetic Biology Market in UK
- Projected Revenue of Synthetic Biology Market in Germany
- Projected Revenue of Synthetic Biology Market in France
- Projected Revenue of Synthetic Biology Market in Italy
- Projected Revenue of Synthetic Biology Market in Spain
- APAC: Projected Revenue of Synthetic Biology Market (2020-2029; $Billions)
- Projected Revenue of Synthetic Biology Market in Japan
- Projected Revenue of Synthetic Biology Market in China
- Projected Revenue of Synthetic Biology Market in South Korea
- Projected Revenue of Synthetic Biology Market in Australia
- Projected Revenue of Synthetic Biology Market in India
- Latin America: Projected Revenue of Synthetic Biology Market (2020-2029; $Billions)
- Projected Revenue of Synthetic Biology Market in Brazil
- Projected Revenue of Synthetic Biology Market in Mexico
- Projected Revenue of Synthetic Biology Market in Argentina
- Middle East & Africa: Projected Revenue of Synthetic Biology Market (2020-2029; $Billions)
- Projected Revenue of Synthetic Biology Market in Turkey
- Projected Revenue of Synthetic Biology Market in Saudi Arabia
- Projected Revenue of Synthetic Biology Market in South Africa
CHAPTER – 5: Synthetic Biology Market Prospects & Opportunities
- Synthetic Biology Market Opportunities & Trends
- Synthetic Biology Market Drivers
- Synthetic Biology Market Constraints
CHAPTER – 6: Synthetic BiologyIndustry Overview
- Synthetic Biology Market - Competitive Landscape
- Synthetic Biology Market – Key Vendor Profiles
- Synthetic Biology Market – Other Prominent Vendors
- Synthetic Biology Market - Key Strategic Recommendations
CHAPTER – 7: Appendix
- Research Methodology
- Abbreviations
- About Arizton
Select a license type that suits your business needs
Single User Licence
- Report accessible by one user only
- Free 10% or 3 days of customization
- Free post-sale service assistance
- Continuous support through email
5 User Licence
- Report accessible by 5 users within the organization
- Free 15% or 4.5 days of customization
- Continuous support through email and telephone
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Corporate Licence
- Free Datasheet worth $1500
- Report accessible by the entire organization
- Free 20% or 6 days of customization
- Free post-sale service assistance
- Continuous support through email and telephone
- Direct access to lead analysts
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Datasheet Licence
- Report accessible by 1 user only
- Free 15% or 32 hours of customization
- Free post-sale service assistance
- Direct access to lead analysts
Frequently Asked Questions
What are the key drivers of the global synthetic biology market?
How big is the global synthetic biology market?
Which region dominates the global synthetic biology market?
What is the growth rate of the global synthetic biology market?
Who are the major players in the global synthetic biology market?