Just as advances in chemical synthesis created new drugs, industrial materials and energy sources in the 19th and 20th centuries, new biological molecules and living organisms have the potential to do the same now. Researchers around the world are exploiting synthetic biology in its applied form - engineering biology - to make new products, services and tools, which are delivering real and substantial benefits. This new global engineering biology market is forecast to increase from £1.3 billion currently to over £10 billion by 2018.