Biosurfactants Market Key Companies and SWOT Analysis by 2030

[Research Report] 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.

Market Insights and Analyst View:

Biosurfactants are known as surface-active compounds that can be synthesized by a selected number  toxicity. Besides biodegradability, low toxicity & high production potential, biosurfactants have a high surface and interfacial activity. Biosurfactants are widely used in agriculture products, such as pesticides and other chemicals, in detergents for residential, medical, and healthcare usage; in personal care & cosmetic products, such as shampoo, hash wash liquids, soap, and many other products. Due to the increasing demand for biosurfactants from many end-use industries, including oil & energy, agriculture, chemical, pharmaceutical, medical & healthcare, consumer goods, and others, this market is booming day by day. This factor is significantly driving the global biosurfactants market.

Growth Drivers and Challenges:

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. Biosurfactants have various properties, including antimicrobial and antioxidant activity, that allow their application in different industries, such as detergents and personal care. They are also highly efficient in reducing surface and interfacial tensions. Furthermore, increasing living standards, growing population, rising urbanization, surging innovative product launches, and increasing consumer awareness regarding health and hygiene are key factors boosting the demand for household detergents and cleaning products across the globe. In addition, various marketing activities and campaigns by the market players generate awareness of detergent products such as gels, pods, and liquids among consumers. In recent years, the cleaning products market in China has been growing steadily. However, manufacturers face challenges in achieving industrial production, which is economically viable for producing biosurfactants. The cost of producing biosurfactants is high due to the poorer yields as compared to commercial synthetic surfactants. High feedstock costs, expensive purification, and downstream processing affect the production cost. The main disadvantage of biosurfactants is their high price, which is a major factor decreasing the demand for biosurfactants.

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Biosurfactants Market: Strategic Insights

Report Segmentation and Scope:

The global biosurfactants market is segmented on the basis of type, application, and geography. Based 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. Geographically, the market is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, UK, Russia, Italy, and Rest of Europe), Asia Pacific (South Korea, Australia, China, Japan, India, and Rest of Asia Pacific), the Middle East & Africa (UAE, South Africa, Saudi Arabia, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

Segmental Analysis:

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 household detergents segment share in the biosurfactants market 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.

Regional Analysis:

The biosurfactants market is segmented into five key regions—North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. Europe dominated the global biosurfactants market, and the regional market accounted for approximately US$ 300 million in 2022.  North America is also a major contributor, holding a significant portion of the global biosurfactants market share. The North America market is expected to reach over US$ 340 million in 2030. Asia Pacific is expected to register a considerable CAGR of over 7% from 2022 to 2030. The Asia Pacific biosurfactants market, by country, is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The market is driven by factors such as the growing demand from the detergents & cleaning products industry and rising awareness regarding the advantages associated with the use of biosurfactants. These biocompatible and environmentally friendly biosurfactants have gained significant traction due to their versatile application in industries such as personal care, pharmaceuticals, agriculture, and oil recovery. The rising awareness regarding sustainable and green technologies is expected to propel the demand for biosurfactants due to their effectiveness in reducing environmental impact. Further, the increasing focus on reducing reliance on traditional petrochemical-based surfactants has prompted companies in Asia Pacific to invest in the research, development, and production of these biobased alternatives

The regional trends and factors influencing the Biosurfactants Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Biosurfactants Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Biosurfactants Market Report Scope

Biosurfactants Market Players Density: Understanding Its Impact on Business Dynamics

The Biosurfactants Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Industry Developments and Future Opportunities:

Various initiatives taken by the key players operating in the biosurfactants market are listed below:

• In March 2023, Holiferm Ltd and Sasol Chemicals, a business unit of Sasol Ltd., announced a collaboration to produce and market rhamnolipids and mannosyl erythritol lipids (MELs). This collaboration expands the partnership announced in March 2022 between the two companies to develop and commercialize another biosurfactant product, sophorolipids.

COVID-19 Impact:

The COVID-19 pandemic affected various industries in several countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemical & materials industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Due to the pandemic-induced economic recession, consumers became cautious and selective in purchasing decisions. Consumers significantly reduced nonessential purchases due to lower incomes and uncertain earning prospects, especially in developing regions. Many manufacturers of biosurfactants faced declining profits due to reduced consumer demand during the initial phase of the pandemic. However, by the end of 2021, many countries were fully vaccinated, and governments of various countries announced relaxation in certain regulations, including lockdowns and travel bans. People started traveling to different places, which increased the demand for biosurfactants. All these factors are boosting the growth of the biosurfactants market across different regions.

Competitive Landscape and Key Companies:

Dow Inc, Allied Carbon Solutions Co Ltd, Saraya Co Ltd, Evonik Industries AG, BASF SE, Sabo SPA, Holiferm Ltd, Stepan Co, Deguan Biosurfactant Supplier, and Jeneil Bioproducts GmbH are among the prominent players operating in the global biosurfactants market. These players offer high-quality biosurfactants and cater to many consumers in the global market.