Written Question · S5W-31932 · Session 5
In light of the priorities set out in Making Things Last: a circular economy strategy for Scotland, what the turnover of the Scottish biote…
The question
To ask the Scottish Government, in light of the priorities set out in Making Things Last: a circular economy strategy for Scotland, what the turnover of the Scottish biotechnology sector (a) has been in each year since 2016 and (b) is projected to be in each year to 2025.
The answer
Industrial biotechnology sector data are not subject to standard industrial classification and official estimates of the turnover of the sector are not produced as part of the annual national accounts.
The most recent turnover estimate for the industrial biotechnology sector prepared by Scottish Enterprise was published in last year’s refresh of the National Plan for Industrial Biotechnology https://www.lifesciencesscotland.com/wp-content/uploads/2019/01/National-Plan-for-IB-2019-PDF.pdf . The plan shows significant turnover growth from £189 million for 2012 to £357 million for 2017, and contains ambitious targets of a £900 million turnover and over 200 companies active in industrial biotechnology by 2025.
Scottish Enterprise collects turnover and projections data by a company survey every three years. This survey based approach will be repeated to coincide with the planned publication of the next plan in 2022.
The most recent turnover estimate for the industrial biotechnology sector prepared by Scottish Enterprise was published in last year’s refresh of the National Plan for Industrial Biotechnology https://www.lifesciencesscotland.com/wp-content/uploads/2019/01/National-Plan-for-IB-2019-PDF.pdf . The plan shows significant turnover growth from £189 million for 2012 to £357 million for 2017, and contains ambitious targets of a £900 million turnover and over 200 companies active in industrial biotechnology by 2025.
Scottish Enterprise collects turnover and projections data by a company survey every three years. This survey based approach will be repeated to coincide with the planned publication of the next plan in 2022.
In the Official Report
No contribution in the Official Report cites S5W-31932 by reference.