The current state of the biotechnology market and its main development trends

Kadyrov Chechen State University, Grozny, Russia

^* Corresponding author: mchajaev@mail.ru

Abstract

In its simplest form, biotechnology is technology based on biology: biotechnology uses cellular and biomolecular processes to develop technologies and products that help improve our lives and the health of our planet. We have been using the biological processes of microorganisms for over 6,000 years to produce healthy foods such as bread and cheese and to preserve dairy products. The basis of biotechnology is the use of biological processes such as fermentation and biocatalysts such as microorganisms or microbial enzymes to produce valuable products. Biotechnology ensures the optimization of the stages of chemical production processes by 80% or more, and increases the efficiency of various production processes. When using biofuels, greenhouse gas emissions are reduced by 52% or more. Biotechnology helps reduce water consumption and waste generation and ensure sustainable use.