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Global Rhamnolipids Market Projected to Grow at 10% CAGR, Reaching $4.26 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Rhamnolipids Industry Market Size Be by 2025?
The rhamnolipids industry has seen a rapid expansion in its market size recently. The market is expected to rise from a value of $2.64 billion in 2024 to an estimated $2.91 billion in 2025, marking a compound annual growth rate (CAGR) of 10.2%. Factors contributing to this growth during the historic period include growing awareness about the environment, increasing demand for biodegradable products, a surge in initiatives for green chemistry, and enhanced allotment of funds for research in sustainable technologies.
What's the Long-Term Growth Forecast for the Rhamnolipids Market Size Through 2029?
Forecasts show a swift increase in the size of the rhamnolipids market in the forthcoming years, with projections indicating a growth to $4.26 billion by 2029, at a compound annual growth rate (CAGR) of 10.0%. Factors contributing to this predicted upsurge during the forecasted period include heightened enforcement of environmental laws, a surge in consumer preference for environmentally friendly products, the spread of initiatives promoting green chemistry, and heightened consciousness about the effects of climate change. Notable trends during the forecast period encompass advancements in manufacturing techniques, strategic collaborations and partnerships, macroeconomic factors, and changes in consumer tastes.
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What Are the Key Growth Drivers Fueling the Rhamnolipids Market Expansion?
The expansion of the rhamnolipids market is forecasted to be driven by the increasingly high demand for personal care products. These products, including skincare, haircare, oral care, and hygiene items, are used to maintain personal cleanliness and enhance appearance. Rising disposable income, the awareness of personal health and hygiene, changing demographics, influence from social media and celebrities, as well as self-care trends are propelling the growth of personal care products. Rhamnolipids can enhance personal care items by delivering effective cleansing, moisturising, and mild features while also providing environmental and performance benefits. For instance, the Bureau of Labor Statistics, a US trade association, reported in September 2023 that there was a 12.3% growth in personal care goods and services in 2022, succeeding a remarkable 19.3% leap in 2021. Specifically, personal care products experienced a 15.5% increase. Consequently, the burgeoning demand for personal care products is fuelling the growth of the rhamnolipids market.
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What Are the Key Trends Driving Rhamnolipids Market Growth?
Leading organizations in the rhamnolipids market are turning their attention to the creation of advanced products like plant-based rhamnolipids to boost efficiency and sustainability. Here, plant-based rhamnolipids mean those produced utilizing plant oils or sugars as a carbon source for the bacteria that generate them, as opposed to petroleum-based materials. For example, in December 2022, Evonik Industries, a chemicals company based in Germany, introduced its new product, REWOFERM RL 100, a sustainable rhamnolipid biosurfactant. This product is designed to satisfy the growing requirement for eco-friendly cleaning products that support a circular economy. This biosurfactant, which is completely biodegradable, is produced from locally obtained, renewable resources (like corn sugar) and provides excellent cleaning efficiency while being benign to both the skin and environment.
How Is the Rhamnolipids Market Segmented?
The rhamnolipids market covered in this report is segmented -
1) By Type: Mono-Rhamnolipids, Di-Rhamnolipids
2) By Product Type: Rhamnolipids R1, Rhamnolipids R2, Rhamnolipids R3, Rhamnolipids R4
3) By Application: Surfactants, Cosmetics, Agriculture, Food, Pharmaceutical, Other Applications
Subsegments:
1) By Mono-Rhamnolipids: Rhamnolipid C10 (Mono-Rhamnolipid With 10-Carbon Chain), Rhamnolipid C12 (Mono-Rhamnolipid With 12-Carbon Chain), Rhamnolipid C14 (Mono-Rhamnolipid With 14-Carbon Chain), Other Mono-Rhamnolipids (Based On Different Fatty Acid Chains)
2) By Di-Rhamnolipids: Di-Rhamnolipid C10 (Di-Rhamnolipid With 10-Carbon Chain), Di-Rhamnolipid C12 (Di-Rhamnolipid With 12-Carbon Chain), Di-Rhamnolipid C14 (Di-Rhamnolipid With 14-Carbon Chain), Other Di-Rhamnolipids (Based On Different Fatty Acid Chains)
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Which Companies Are Leading the Charge in Rhamnolipids Market Innovation?
Major companies operating in the rhamnolipids market are BASF SE, Unilever plc, Merck KGaA, Evonik Industries AG, Sasol Chemicals LLC, Kaneka Corp., Stepan Company, Jeneil Biotech Inc., Locus Bio-Energy Solutions, EcoChem Solutions LLC, AGAE Technologies LLC, Biotensidon GmbH, GlycoSurf Inc., Logos Technologies LLC, Tensiogreen Corporation, Holiferm Limited, Advanced Biocatalytics Corporation, Paradigm Biomedical Inc., Altinbio Scientific Private Limited, Shaanxi Deguan Biotechnology Co. Ltd
Which Regions Are Leading the Global Rhamnolipids Market in Revenue?
Asia-Pacific was the largest region in the rhamnolipids market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the rhamnolipids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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