WHY NATURAL PRODUCTS

NATURAL PRODUCTS ARE BIG BUSINESS

NPC USES THE FOLLOWING DEFINITIONS:

NATURAL PRODUCTS:

Any biological molecule derived from a biological source.

NATURAL PRODUCT TECHNOLOGIES:

Methods or processes that lead to significant improvements and/or efficiencies in the discovery, extraction, bioconversion, bio-production, isolation or improved formulation of functional ingredients.

These broad definitions open the door to tremendous opportunities in the natural product space. We have categorized our interest into three broad areas, which all have huge market potential.

SECTORS AND EXAMPLES

Health & Life Science

Sample Subsectors

  1. Nutriceuticals
  2. Functional foods
  3. Cosmeceuticals

Example Market Potential

  1. Probiotics, the popular nutriceutical associated with a healthy balance of gut bacteria, are expected to reach $68 billion in global sales by 2020.
  2. Protein ingredients are considered a functional food. They are projected to reach global sales of $56.3 billion by 2024.

Natural resources

Sample Subsectors

  1. Bio-based agri-products
  2. Feed ingredients
  3. Natural veterinary care

Example Market Potential

  1. Biopesticides use naturally-occurring compounds to battle insects. This category is projected to become a $5.89 billion industry by 2023.
  2. Many farmers look for eubiotics such as organic acids and essential oils to keep their animals healthy. The global market for eubiotics is projected to be $9.78 billion by 2022.

environmental sustainability

Sample Subsectors

  1. Green replacements
  2. Co-products of renewables production

Example Market Potential

  1. Bioplastics use plant fibers and other natural ingredients to replace carbon based material in plastics. This category is expected to be a $311 billion industry by 2024.
  2. Biochemicals or renewable chemicals take a greener approach to a wide range of chemicals such as solvents and lubricants. This represents a market opportunity of over $491 billion by 2020.