According to a market report by Lucintel, the future of the biosurfactant market looks promising with opportunities in the detergent, personal care, food processing, and agricultural chemical applications. The global biosurfactant market is expected to reach an estimated $4.2 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing adoption of eco-friendly and sustainable product alternatives and growing usage of biosurfactant in various applications, such as personal care, oil and gas, and food processing industries.
In this market, glycolipids (sophorolipids and rhamnolipids) and lipopeptides are the major types of biosurfactant market. Lucintel forecasts that sophorolipids was the largest sub type of glycolipids of biosurfactant market and it is expected to witness the highest growth over the forecast period due to its increasing usage in the home care and personal care applications owing to its low-cost and environmentally friendly nature.
Within this market, personal care are expected to witness the highest growth over the forecast period due to growing population, rising consumer spending, and increasing demand for cosmetic and skincare products.
Europe is expected to remain the largest region due to the increased demand for less toxic and biodegradable ingredients in the home care, personal care, and agricultural industries.
Evonik Industries, Deguan Biosurfactant, Biotensidon GmbH, Allied Carbon Solutions, Daqing VICTEX Chemical Industries, Jeneil Biotech, BASF SE, Holiferm, and Solvay S.A. are the major suppliers in the global biosurfactant market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global biosurfactant market by type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Biosurfactant Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global biosurfactant market by type, application, and region, as follows:
Biosurfactant Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Glycolipids
Sophorolipids
Rhamnolipids
Lipopeptides
Biosurfactant Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Detergent
Personal Care
Food processing
Agricultural chemicals
Others
Biosurfactant Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the biosurfactant market by type (glycolipids (Sophorolipids and Rhamnolipids) and Lipopeptides), application (detergent, personal care, food processing, agricultural chemicals and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?