Biosurfactants Market predicted to reach US$ 1,311.48 million by 2030

The scope of our recent study on the "Biosurfactants Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, and Application" includes the factors fueling the market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players and their key developments.

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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. Biosurfactants are known as surface-active compounds that can be synthesized by a selected number of natural and biobased sources. The market growth is primarily driven by advantages associated with usage of biosurfactants. 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.

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.

The global biosurfactants market is segmented into five main regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Europe held the largest revenue share of the global biosurfactants market in 2022. Major factor driving the biosurfactants market in Europe is the advantages associated with usage of biosurfactants.

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Impact of COVID-19 Pandemic on Biosurfactants Market

The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel restrictions, and business shutdowns. The chemicals industry was severely affected by disruptions in supply chains and shutdowns of production plants in the initial phases of the pandemic. The COVID-19 outbreak led to disruptions in the global supply chain due to factory shutdowns, transportation restrictions, and labor shortages. These upheavals affected the availability of chemicals and packaging components, leading to potential supply chain delays and increased operating costs for biosurfactant manufacturers. The pandemic has also led to an increased demand for certain products, such as pharmaceuticals, healthcare supplies, and essential consumer goods.

The report includes the segmentation of the global biosurfactants market as follows:

The global biosurfactants market is categorized on the basis of type, application, and geography. Based on type, the biosurfactants market is segmented into sophorolipid, rhamnolipid, mannosylerythritol lipids (MELs), alkyl polyglucosides (APGs), surfactin, phospholipids, polymeric, and others. 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. By geography, the global biosurfactants market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America biosurfactants market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific biosurfactants market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America biosurfactants market is further segmented into Brazil, Argentina, and the Rest of South & Central America.

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