Global Biosurfactants Market Comprehensive Study: Forecasted Market Size And Growth Rate | AGAE Technologies, Biotensidon GmbH, Croda International plc, Dispersa Inc., Evonik Industries AG

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The Business Research Company offers in-depth market insights through Biosurfactants Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The biosurfactants market size has grown strongly in recent years. It will grow from $4.44 billion in 2023 to $4.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to growth in pharmaceuticals industry, rise in demand for cosmetics, rise in environmental concerns, increased demand for eco-friendly solutions, emerging markets.

The biosurfactants market size is expected to see strong growth in the next few years. It will grow to $6.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to increasing research and development activities, shift towards clean energy, increasing demand from the agriculture industry, rise in disposable income. Major trends in the forecast period include tailored biosurfactants, bioremediation applications, collaborations and partnerships, antimicrobial biosurfactants, carbon footprint reduction.

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Market Segmentation:
The main types of biosurfactants are glycolipids, phospholipids, surfactin, lichenysin, polymeric biosurfactants, and other product types. The glycolipid surfactants segment consists of sales of glycolipid biosurfactants by entities (organizations, sole traders, and partnerships) that refer to biosurfactants with a structural composition of hydrophilic moieties due to the presence of glucose, mannose, galactose, trehalose, rhamnose, sophorose, and hydrophobic moieties due to the presence of long fatty acid chains. These biosurfactants are synthesized from hydrocarbons, industrial wastes, and frying and olive oil wastes. The biosurfactants are used in detergents, food processing, personal care, agricultural chemicals, and other applications.

Major Driver - Biosurfactants Market A Growing Demand In Personal Care Industries
The increase in demand for personal care industries across the globe is likely to contribute to the growth of the biosurfactant market in the cosmetic and personal care industries. Biosurfactants are used in the manufacturing of personal care products due to their high biodegradability, low toxicity, multi-functionality, environmental capability, and other factors. Moreover, biosurfactants can be used as wetting agents, solubilizers, dispersants, foaming agents, cleaners, detergents, and emulsion-forming agents. According to the study published by Nielsen Holdings, a USA-based data and market measurement firm, the sales of health, personal care, and beauty products are expected to increase from $53.12 billion in 2019 to $99.12 billion in 2023. Thus, the rapid growth in the personal care sector is expected to boost demand for biosurfactants during the forecast period.

Competitive Landscape:
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, Al Zaabi Group, Inse India AquaFUELs Pvt Ltd, Biotrem Labs, 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, R-Biopharm AG

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Top Trend - Technological Development Driving Growth In Biosurfactant Market
Technological development is a key trend gaining popularity in the biosurfactant market. The companies operating in the biosurfactant sector are investing in the development of new biosurfactants to meet the technical demands of different end-use industries across the globe. For instance, in March 2022, Evonik Industries, a Germany-based manufacturer of specialty chemicals, launched Rewoferm RL 100 Biosurfactant to meet the growing demand for low-emission and low-impact cleaning products. Rewoferm RL 100 Biosurfactant is manufactured from locally sourced feedstocks and offers effective cleaning performance.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Biosurfactants Market Characteristics
3. Biosurfactants Market Trends And Strategies
4. Biosurfactants Market - Macro Economic Scenario
5. Biosurfactants Market Size And Growth
…..
27. Biosurfactants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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