The applied biotechnology industry in Taiwan has shown steady growth in its output value over recent years. This increase stems from companies continuing to manufacture new products, expand sales channels, development of sales strategies, integrate the sales resources, and concentrate of product lines. In addition, companies have maintained their status within international markets. These factors drove output value growth in the applied biotechnology industry to NT$ 104.5 billion, a 5.1% increase over 2017.
1. Industry Scope
2. 2018 Applied Biotechnology Industry Overview
3. The Opportunities and Challenges of Developing the Applied Biotechnology Industry
Figure 1 Diagram showing Taiwan’s applied biotechnology industries and their products/services
Figure 2 Changes in the output value of the applied biotechnology industry in 2014 and 2018
Figure 3 2018 Output value and annual growth rate of applied biotechnology subindustries in Taiwan
Figure 4 Taiwanese applied biotechnology industry manufacturers in the world in 2018—categorized by the country in which they operate
Figure 5 Projections for the future output value growth of each applied biotechnology subindustry in Taiwan