Speaking to more than 50 stakeholders across a five-month period, the report's authors uncovered a wealth of market gaps and action areas to propel the industrial biotechnology industry forward.
The report's multi-disciplinary team recommended pathways and action areas that addressed infrastructure, tax policy, regulations, standards and more.
They identified five sectors – agritech, biofuels, fine and speciality chemicals, plastics and textiles – that could contribute to carbon reduction.
The report also outlined an actionable roadmap alongside recommendations for a combination of government support, best standards and private sector investment to realize industrial biotechnology's potential.