Global Biosurfactants market growth 2024, Forecast To 2033
25 Jan, 2024
The biosurfactants market has exhibited strong growth, increasing from $4.44 billion in 2023 to $4.85 billion in 2024, with a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period is attributed to the expansion of the pharmaceuticals industry, the rise in demand for cosmetics, heightened environmental concerns, increased demand for eco-friendly solutions, and emerging markets. Projecting sustained growth, the market is expected to reach $6.87 billion in 2028, maintaining a robust CAGR of 9.1%. The forecasted growth is linked to increasing research and development activities, a shift towards clean energy, rising demand from the agriculture industry, and an increase in disposable income. Key trends in the forecast period include tailored biosurfactants, applications in bioremediation, collaborations and partnerships, antimicrobial biosurfactants, and a focus on carbon footprint reduction.
Global Biosurfactants Market Key Driver
The biosurfactant market is witnessing an upswing driven by the burgeoning personal care industry. Nielsen Holdings forecasts a rise in sales from $53.12 billion in 2019 to $99.12 billion in 2023 for health, personal care, and beauty products. This growth is anticipated to boost biosurfactant demand, fostering a positive trajectory in 2024 and 2028.
Get A Free Sample Of The Global Biosurfactants Market ReportGlobal Biosurfactants Market Segments
The global biosurfactants market covered in this report is segmented –
1) By Product Type: Glycolipid, Phospholipids, Surfactin, Lichenysin, Polymeric Bio-surfactants, Other Product Types
2) By Application: Detergents, Personal Care, Food Processing, Agricultural Chemicals, Other Applications
By Geography: The regions covered in the Biosurfactants market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Western Europewas the largest region in the biosurfactants market in 2023. Asia-Pacificis expected to be the fastest-growing region in the forecast period. The regions covered in the biosurfactants market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Biosurfactants Industry Players
AGAE Technologies, Biotensidon GmbH, Croda International plc, Dispersa Inc., Evonik Industries AG, GlycoSurf Inc., Holiferm Ltd., Jeneil Biotech Inc., Kemin Industries Inc., Lion Corporation, Rhamnolipid, Saraya Mystair Hygiene Pvt. Ltd., Stepan Company, TensioGreen Corp., Victex plc, AlgaEnergy, Al Zaabi Group, Inse India AquaFUELs Pvt Ltd, Biotrem Labs, Diversey Holdings Ltd., Ecover Group, GEA Group, Global Green Chemicals Public Company Limited, Glyconova, Innospec Inc., Lipofoods, Locus Fermentation Solutions, Metgen Oy, MG Intobio Co. Ltd., Oqema Group, Procter & Gamble, R-Biopharm AG
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Biosurfactants Market Overview
The term ‘biosurfactant’ refers to a diverse group of molecules, which consist of a polar head (hydrophilic) and a non-polar tail (hydrophobic). They are produced by various microorganisms, which include Acinetobacter sp., Bacillus sp., Candida antartica, and Pseudomonas aeruginosa. They can be used to replace synthetic surfactants in a variety of industrial processes, including lubrication, wetting, softening, fixing dyes, making emulsions, stabilizing dispersions, foaming, and preventing foaming, as well as in the food, biomedical, and pharmaceutical industries, and organic bioremediation.
Biosurfactants Global Market Report 2023 provides data on the global biosurfactants market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The biosurfactants market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.