Biosurfactants Market size to exceed $2.5bn by 2026
Published Date: August 13, 2020 Authors: Kunal Ahuja, Sonal Singh
Biosurfactants Market size is set to surpass USD 2.5 Billion by 2026, according to a new research report by Global Market Insights, Inc.
Rising consumer awareness regarding bio-based products owing to the environmental impact of synthetic surfactants along with the positive outlook toward the personal care industry will stimulate biosurfactants demand. Increased usage of products in cosmetic industries owing to anti-aging and anti-microbial properties along with growing consumer safety due to the usage of synthetic surfactants should drive market trends.
These biosurfactants include rhamnolipids, trehalolipids, and sophorolipids and are found in lotions, eye shadow, lip cream, and hair products. The rise in the usage of cosmetic and personal care products owing to an increase in disposable income may spur biosurfactants business. Favorable government norms regarding bio-based products including biosurfactants and fluctuating petroleum-based product prices owing to the volatility in crude oil prices will boost the biosurfactants market demand.
However, formulation of diverse and variety of biosurfactants is restricted owing to limitation of microorganisms. Different feedstocks for biosurfactants production often produce the same molecule. Microorganisms such as bacteria display a low productivity of biosurfactants as over producing strains of bacteria are rare which may lead to hindering industry profitability.
Increasing Methyl ester sulfonates (MES) based biosurfactants utilization will have a positive influence on market outlook
Methyl ester sulfonates (MES) based biosurfactants market is expected to register over 5.5% CAGR through 2026. MES offers persuading attributes including enhanced calcium hardness tolerance, good detergency and excellent biodegradability. It acts as an environmentally friendly and low toxic product. MES is cost-effective as compared to other alternatives owing to superior detergent characteristics which includes high solubilization, absorption & dispersing abilities. Strong application outlook in petrochemicals, agricultural, personal care and household industries will stimulate the market statistics. The increasing ranks of discerning consumer’s and available option for natural cosmetics over synthetic products would propel product demand in cosmetic industries.
Browse key industry insights spread across 560 pages with 934 market data tables and 37 figures & charts from the report, “Biosurfactants Market Statistics By Product (Sophorolipids, Rhamnolipids, Alkyl Polyglucosides [APG], Methyl Ethyl Sulfonates [MES], Sucrose Esters, Sorbitan Esters, Lipopeptides), By Application (Household Detergents, Personal Care, Industrial Cleaners, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
“Rhamnolipids based biosurfactants market from food processing application is expected witness over 16.5% CAGR from 2020 to 2026.”
Rising consumer awareness towards bio-based ingredients in food processing will stimulate industry expansion.
Rhamnolipids based biosurfactants industry from food processing application is expected to exceed USD 6 billion by 2026. Rhamnolipids are considered as most favorable class of biosurfactants by the U.S. EPA and has approved their use in food products and other industrial applications. They are used in food applications such as food additives and food coloring which improves the texture and creaminess of dairy products, including ice-cream owing to their superior properties such as stable emulsion, physicochemical and antimicrobial activity. These are used in bread, soft rolls, flat bread, pizza and cake to improve dough or batter stability and dough texture.
“Europe biosurfactants market is forecast to register over 4.5% CAGR through 2026 as shift towards bioeconomy in the region should foster market expansion.”
Europe biosurfactants industry is expected to exceed USD 1 billion by 2026. Europe led by Germany, UK, France, and Italy is anticipated to witness a significant growth over the forecast timeframe. High consumer awareness and demand for bio-based products in this region would propel the regional demand of the product. Supportive government policies and regulations in Europe favor the use of bio-based products in place of conventional petroleum-based products.
Ecological protection policies and rising health awareness are expected to witness continuous development over the forecast timeframe. For instance, Italian Bioeconomy Strategy (BIT) implemented by Italian government aiming to promote bioeconomy. This promotion is mainly through an effective Italian participation in the BLUEMED and PRIMA initiatives for a greener and more productive region, wider social cohesion and greater political stability in the area. The bioeconomy refers to the set of economic activities relating to the invention, development, production and use of biological products, services and processes across four macro-sectors including Agrifood, Forestry, Biobased industry and Marine Bioeconomy.
Key manufacturers in the biosurfactants market are AkzoNobel N.V., BASF, Evonik Industries, Saraya Co., Ltd., Ecover, Givaudan SA, Jeneil Biotech, Inc., Henkel Corporation, Lion Corporation, Croda International, Kao Corporation, TeeGene Biotech Ltd., Biotensidon GmbH, Boruta Zachem SA, AGAE Technologies, LLC., Daqing VICTEX Chemical Industries Co., Ltd and Urumqi Unite Bio-Technology Co., Ltd. Companies are funding into latest product releases to enhance product portfolios.
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