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Biosurfactants Market worth $2.3 billion by 2028 – At a CAGR of 11.0%

Published: January 16, 2024
Author: TEXTILE VALUE CHAIN

As per the recently published report by MarketsandMarkets™, The Biosurfactants Market by Type (Sophorolipids, Rhamnolipids, Lipopeptides), Application (Detergents, Personal Care, Food Processing, Agriculture Chemicals), and Region (Europe, North America, Asia Pacific, South America) – Global Forecast to 2028″, size was USD 1.2 billion in 2022 and is projected to reach USD 2.3 billion by 2028, at a CAGR of 11.0%, between 2023 and 2028. The demand for biosurfactant-based goods in sectors including personal care and cosmetics has been driven by rising consumer awareness of and preference for environmentally friendly and natural products.

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  • 162 Market data Tables
  • 52 Figures
  • 198 Pages and in-depth TOC on “Biosurfactants Market – Global Forecast to 2028”

This report also provides a comprehensive analysis of the companies listed below:

The key players profiled in the biosurfactants market report include Evonik Industries AG (Germany), Deugan Biosurfactant Supplier (China), Biotensidon GmbH (Germany), Saraya Co., Ltd (Japan), Allied Carbon Solutions Co., Ltd. (Japan), Daqing VICTEX Industries Co., Ltd., (China), Jeneil Biotech, Inc. (US), BASF SE (US), Holiferm Limited (UK), and Solvay S.A. (Belgium). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies.

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the biosurfactants market.

Recent Developments in Biosurfactants Market Industry

  1. In June 2022, Locus Fermentation Solutions announced the launch of FloBoost. FloBoost outperforms traditional injectivity aids to boost the efficiency of saltwater disposal wells (SWDs) and reduce costs in oilfield applications.
  2. In March 2022, Holiferm Limited announced a partnership with Sasol Limited to develop new biosurfactants and commercialize sophorolipids in the Middle East.
  3. In December 2021, Locus Fermentation Solutions announced a distributorship agreement with Creedence Energy Services. Creedence Energy Services will distribute the biosurfactants of Locus Fermentation Solutions across the Williston Basin.
  4. In December 2021, Holiferm Limited announced a partnership with An’du. An’du uses Holiferm Limited’s sophorolipids to manufacture a shampoo bar that will be biodegradable, environmentally friendly and come in compostable packaging.

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Based on Type, the biosurfactants market is segmented as glycolipids and lipopeptides. Glycolipids accounted for largest market share, in terms of value, in 2022. Glycolipids is further sub-segmented into rhamnolipids and sophorolipids. Sophorolipids are the most common type of glycolipids used to manufacture biosurfactants. Due to their adaptability and eco-friendliness, sophorolipids have drawn attention. These compounds are used in many different industries, including as biotechnology, cosmetics, medicines, and environmental remediation.

Based on application, the biosurfactants market is segmented as detergents, personal care, food processing, agriculture chemicals, and others. Detergents accounted for the largest market share in biosurfactants market, in terms of value, in 2022. Consumers are becoming more environmentally conscious and are seeking cleaning products that are biodegradable and less harmful to the environment. This trend is likely to drive the continued use of biosurfactants in detergent formulations. Various governments and regulatory bodies throughout the world are advocating the use of environmentally friendly and sustainable surfactants. Manufacturers are encouraged to incorporate biosurfactants into their formulas.

Based on Region, Europe accounted for the largest market share, both in terms of value and volume, in 2022. Some of the world’s harshest environmental laws are found in European nations. The need for environmentally friendly products, such as biosurfactants that are biodegradable and less hazardous to the environment, has increased as a result. Green technologies and sustainability have garnered a lot of support from businesses and consumers throughout Europe. This has resulted in a demand for eco-friendly goods, such as biosurfactant-based detergents, cosmetics, and other goods.

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