Compiled by Jim Haseloff at the University of Cambridge.
This site contains details of recent papers and activity in Synthetic Biology, with particular emphasis on: (i) development of standards in biology and DNA parts, (ii) microbial and (iii) plant systems, (iv) research and teaching in the field at the University of Cambridge, (v) hardware for scientific computing and instrumentation, (vi) tools for scientific productivity and collected miscellany.
Technology is driving revolutionary changes in biology. Over the past decade, scientists and engineers have begun to define the path forward in the genomic era. Systems Biology has arisen...
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The flavors and fragrance (F&F) market seem to be benefiting from renewable chemicals developments from players such as Amyris, Allylix and Blue Marble Biomaterials...and chemical firms also supplying the F&F market are taking notice.
BASF announced on Monday that its venture capital business has invested $13.5m in Allylix, which BASF said allows them to leverage their aroma chemicals, nutrition and cosmetic chemicals competency. BASF is one of the biggest global producer of aroma chemicals by the way.
According to a study released last year by US accounting firm Marcum LLP and the Samuel Curtis Johnson Graduate School of Management at Cornell University, the market for aroma chemicals and essential oils are [either] both a rapidly expanding market segment [or] and a highly profitable product segment.
"The highest growth companies in the study, those that experienced over 6% growth year-over-year, generated 20% of their overall revenue from the sale of aroma chemical and essential oils while "low-growth" companies (those with 1-2% growth year-over-year) generated half as much of their revenue from this product segment."
Meanwhile, US market research firm Freedonia reported that the US market for F&F is forecast to rise 3%/year to $5.5bn in 2014. Among the major product segments, essential oils and natural extracts are projected to achieve the most rapid gains.
US FLAVORS & FRAGRANCES DEMAND
(million dollars)
|
|||||
% Annual Growth
|
|||||
2004
|
2009
|
2014
|
2004-2009
|
2009-2014
|
|
Flavor & Fragrance Demand
|
3910
|
4750
|
5500
|
4.0
|
3.0
|
Food
|
1436
|
1740
|
1990
|
3.9
|
2.7
|
Cosmetics & Toiletries
|
980
|
1270
|
1500
|
5.3
|
3.4
|
Cleaning Products
|
500
|
570
|
650
|
2.7
|
2.7
|
Environmental Fragrance Goods
|
397
|
470
|
560
|
3.4
|
3.6
|
Beverages
|
364
|
430
|
500
|
3.4
|
3.1
|
Other
|
233
|
270
|
300
|
3.0
|
2.1
|
Back to Allylix, the company said it will soon launch its rare and highly valuable terpene that is structurally related to beta-vetivone, one of the key component of vetiver oil - an essential oil. Beta-vetivone has never been commercialized because it cannot be produced synthetically in a cost-effective process, according to Allylix.
Trademarked Epivone, Allylix' product is expected to gain annual revenue between $20m and $200m based on revenues for similar terpene molecules used in fragrance applications.
Allylix expects to start production of Epivone in commercial quantities in the third quarter 2012 in applications such as cologne, hair care and personal care fragrance.
(Via ICIS Green Chemicals.)