Pune, India, Oct. 04, 2023 (GLOBE NEWSWIRE) -- According to our new research study on “Biosurfactants Market Size, Share, Growth Factors and Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type and Application,” the biosurfactants market size is expected to grow from US$ 811.08 million in 2022 to US$ 1,311.48 million by 2030; it is estimated to register a CAGR of 6.2% from 2022 to 2030. The market growth is attributed to advantages associated with usage of biosurfactants and growing demand from the detergents & cleaning products industry.
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Global Biosurfactants Market: Competitive Landscape and Key Developments
Dow Inc, Allied Carbon Solutions Co Ltd, Saraya Co Ltd, Evonik Industries AG, BASF SE, Sabo SPA, Holiferm Ltd, Stepan Co, Deguan Biosurfactant Supplier, and Jeneil Bioproducts GmbH are among the key players operating in the global biosurfactants market. These players focus on providing high-quality products to fulfill customer demand. They also focus on strategies such as investments in research and development activities and new product launches.
Biosurfactants Market Report Scope, Segmentations, Regional & Country Scope:
| Report Coverage | Details |
| Market Size Value in | US$ 811.08 million in 2022 |
| Market Size Value by | US$ 1,311.48 million by 2030 |
| Growth rate | CAGR of 6.2% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
| No. of Pages | 163 |
| No. of Tables | 88 |
| No. of Charts & Figures | 105 |
| Historical data available | Yes |
| Segments covered | by Type and Application |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Oman, Russia, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Companies Covered | Dow Inc, Allied Carbon Solutions Co Ltd, Saraya Co Ltd, Evonik Industries AG, BASF SE, Sabo SPA, Holiferm Ltd, Stepan Co, Deguan Biosurfactant Supplier, and Jeneil Bioproducts GmbH |
In 2022, Europe held the largest share of the global biosurfactants market. Major factors driving the biosurfactants market growth in Europe are the increasing use of biosurfactants in detergents, cleaning products, personal care and cosmetic products, food processing, pharmaceuticals, and many other applications. In Europe, the rising awareness among consumers regarding the use of natural ingredients in their day-to-day products is boosting the demand for biosurfactant-based cleaners and detergents. The need for biosurfactants is increasing in the food industry. The emulsifying property of biosurfactants can be used to improve the physical properties of food products.
Advantages Associated with Usage of Biosurfactants Drives Biosurfactants Market Growth
Biosurfactants offer several advantages over chemical surfactants, such as high biodegradability, diversity of biological properties, and renewable characteristics being synthesized as a mixture of different molecules. Biosurfactants have various properties, including antimicrobial and antioxidant activity, that allow their application in different industries, such as detergents and personal care. They are also highly efficient in reducing surface and interfacial tensions. Further, biosurfactants are highly used in applications across many industries, such as bioremediation, cosmetics, agriculture, food processing, and pharmaceuticals, owing to their efficient surface and biological capabilities. Biosurfactants effectively lower surface tension, exhibit low toxicity, have a strong wetting ability, and promote the biodegradation of poorly soluble substrates.
Biosurfactants Market: Segmental Overview
Based on type, the biosurfactants market is segmented into sophorolipid, rhamnolipid, mannosylerythritol lipids (MELs), alkyl polyglucosides (APGs), surfactin, phospholipids, polymeric, and others. The sophorolipid segment held the largest market share in 2022. Sophorolipids are a class of glycolipid biosurfactants produced by yeast, primarily Candida bombicola. These molecules possess excellent surface-active properties, making them valuable in various applications such as personal care products, detergents, food additives, pharmaceuticals, and environmental remediation. In cosmetics, sophorolipids have gained traction as natural and biodegradable emulsifiers and foaming agents. Their ability to stabilize formulations while being gentle on the skin aligns with the increasing consumer preference for eco-friendly and skin-friendly products. Based on application, the biosurfactants market is segmented into household detergents, personal care, industrial and institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, pharmaceuticals, and others. The biosurfactants market share for the household detergents segment was notable in 2022. Biosurfactants have shown effective results in hard surface cleaning and automated dishwashing aid formulations. This is partially due to their low foaming profile and surface activity properties, which are potentially interesting in additional applications. They combine an outstanding environmental profile with excellent efficiency and are therefore suitable for use in household commercial goods.
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Impact of COVID-19 Pandemic on Biosurfactants Market
Before the onset of the COVID-19 pandemic, the advantages associated with the preference for using biosurfactants over synthetic surfactants primarily boosted the global biosurfactants market growth. However, the consumer goods industry experienced an adverse impact of the pandemic during the first quarter of 2020. The crisis led to social distancing restrictions and economic fallout, restricting biosurfactants manufacturing and distribution. Moreover, low-income and mid-income consumers faced financial difficulties in the initial months of 2020 owing to the economic recession caused by the COVID-19 pandemic. As a result, people only purchased groceries, critical medical products, and primary essential products, which declined the sales of biosurfactants.
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