Synthetic Biology Enterprises in the Field of Functional Foods

In the first half of 2021 alone, corporate financing in synthetic biology reached RMB 57.8 billion yuan (USD $9.1 billion), up 198.8% year-on-year. The main application areas of synthetic biology are currently focused on medical and health care, food and beverage, and industrial chemistry. Synthetic biology enterprises have YIXI Biotech and Zenotek focus on HMO, Tidetron Bioworks and Abiochem focus on sugar substitute, Perfect Day and Changing Bio focus on proteins, Bloomage BioTech, SG Bio, and bluepha focus on skincare, and DMT focuses on microalgae base. In the application direction, a small number of enterprises have entered the initial stage of mass production and commercialization, but most of them are still in the product development and mass production realization stage. (Source: HerbridgeMe)