Japan’s Bioeconomy Strategy (2024)
The Bioeconomy Strategy formulated in 2019 was updated at the Integrated Innovation Strategy Promotion Council held on June 3, 2024. In this strategy, in order to contribute to both sustainable economic growth and solving various problems, the following five market areas were identified: (1) Biomanufacturing / bio-derived products (2) Sustainable primary production systems (3) Large-scale buildings utilizing wood and smart forestry (4) Industries related to biopharmaceuticals, regenerative medicine, and cell and gene therapies (5) Lifestyle improvement healthcare and digital health The goal is to create a 100 trillion yen market in Japan and overseas by 2030. For each market, the plan sets out a vision for 2030 […]
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