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Transformative Trends Impacting the Biosurfactants Market Landscape: Technological Development Driving Growth In Biosurfactant Market
Biosurfactants Market
How Large Will the Biosurfactants Market Size By 2025?
In the last few years, the biosurfactants market has witnessed significant expansion. The market's size, expected to rise from $4.81 billion in 2024 to $5.24 billion in 2025, is projected to grow at a compound annual growth rate (CAGR) of 8.9%. Its growth over the historic period is linked to the pharmaceutical industry's growth, an upsurge in cosmetics demand, increasing environmental concerns, the rising need for environmentally friendly solutions, and emerging markets.
How Big Is the Biosurfactants Market Size Expected to Grow by 2029?
In the upcoming years, the biosurfactants market size is predicted to experience robust growth, reaching a valuation of $7.62 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. This growth in the projection period is credited to factors such as an uptick in research and development efforts, a transition towards greener energy sources, an escalated demand from the agricultural sector, and a surge in disposable income. The significant trends that are anticipated for the forecast period encompass specialized biosurfactants, applications in bioremediation, strategic collaborations and partnerships, antimicrobial biosurfactants, and initiatives to reduce carbon footprint.
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Which Key Market Drivers Powering Biosurfactants Market Expansion and Growth?
The global surge in personal care industries is anticipated to foster the expansion of the biosurfactant market within the cosmetic and personal care sectors. This is due to biosurfactants being utilized in the production of personal care items because of their superior biodegradability, minimal toxicity, versatility, ecological proficiency, among other benefits. Furthermore, biosurfactants can function as wetting agents, solubilizers, dispersing agents, foaming agents, cleaners, detergents, and emulsifiers. Based on research conducted by Nielsen Holdings, a data and market measurement company situated in the USA, it's expected the sales of wellness, personal care, and beauty items are set rise from $53.12 billion in 2019, hitting $99.12 billion in 2023. This signifies that the swift progression within the personal care industry is projected to augment biosurfactants demand in the anticipated future.
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Which Fast-Growing Trends Are Poised to Disrupt the Biosurfactants Market?
Advancements in technology is a rising trend observed in the biosurfactant market. Companies involved in the biosurfactant field are investing in the production of new biosurfactants to fulfill the technical requirements of multiple end-use industries worldwide. For example, in March 2022, Evonik Industries, a specialty chemicals manufacturer based in Germany, introduced Rewoferm RL 100 Biosurfactant. This move was in response to the escalating demand for cleaning products that have low emissions and minimal environmental impact. Rewoferm RL 100 Biosurfactant, derived from locally available feedstocks, delivers efficient cleaning effectiveness.
What Are the Emerging Segments in the Biosurfactants Market?
The 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
Subsegments:
1) By Glycolipid: Sophorolipids, Rhamnolipids, Trehalolipids
2) By Phospholipids: Lecithin, Phosphatidylcholine, Phosphatidylethanolamine
3) By Surfactin: Lipopeptide Surfactants, Bacillus subtilis-Derived Surfactin
4) By Lichenysin: Lichenysin A, Lichenysin B
5) By Polymeric Bio-surfactants: Xanthan Gum, Scleroglucan, Pullulan
6) By Other Product Types: Microbial Bio-surfactants, Plant-Derived Bio-surfactants, Other Synthetic Biosurfactants
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Who Are the Global Leaders in the Biosurfactants Market?
Major companies operating in the biosurfactants market include 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, 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
Which are the Top Profitable Regional Markets for the Biosurfactants Industry?
Western Europe was the largest region in the biosurfactants market in 2024. Asia-Pacific is 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.
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