Industrial Biotechnology
With the global bioeconomy set value $30 trillion by 2030, industrial biotechnology plays a vital role in the move from a global, fossil fuel and petrochemical based economy, to one that is more bio-based.
The UK is a leader in industrial biotechnology, with levels of investment second only to the USA. The UK Government has a goal for 80% of fossil fuel-based products or plastics to be replaced by bio-based or waste-derived alternatives.
Source: *UK Gov report on Engineering Biology: Opportunities for the UK and national goals – May 2023.
Key information
York and North Yorkshire is a leader in industrial biotechnology research and development, with a particular focus on bio-renewables, biomass, bio-refining and waste valorisation. We provide a wealth of research and development assets and sites to support sector businesses looking to invest in York and North Yorkshire.