Sophorolipid and Rhamnolipid Market to exceed US$ 541.63 million by 2030

    Published on 29-Sep-2023
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    Report : Sophorolipid and Rhamnolipid Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type (Sophorolipid and Rhamnolipid) and Application (Household Detergents, Personal Care, Industrial & Institutional Cleaners, Food Processing, Oilfield Chemicals, Leather Processing, Agriculture, Pharmaceuticals, and Others)

    The scope of our recent study on the Sophorolipid and Rhamnolipid Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Applicationincludes the factors fueling the market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.

    The sophorolipid and rhamnolipid market size is expected to grow from US$ 334.88 million in 2022 to US$ 541.63 million by 2030; it is estimated to register a CAGR of 6.2% from 2022 to 2030.

    The sophorolipids and rhamnolipids are used in various application sectors, including household detergents, personal care, industrial and institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, and pharmaceuticals. Due to the low toxicity and high biodegradable properties of sophorolipids, they are highly used as biosurfactants to reduce surface and interfacial tension, increasing the dissolution rate of hydrocarbons and facilitating solubilization and absorption of compounds. Rhamnolipids have gained attention in different sectors due to their non-toxicity, high biodegradability, low surface tension, and minimum inhibitory concentration values.

    Based on type, the global sophorolipid and rhamnolipid market is segmented into sophorolipid and rhamnolipid. The global sophorolipid and rhamnolipid market share for the sophorolipid segment was the largest in 2022. 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.

    The global sophorolipid and rhamnolipid market is segmented into five main regions—North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Europe held the largest revenue share of the global sophorolipid and rhamnolipid market in 2022. The Europe sophorolipid and rhamnolipid market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In Europe, the rising awareness among consumers regarding the use of natural ingredients in their day-to-day products is boosting the demand for biosurfactant-based cleaners and detergents. The demand for sophorolipids is increasing in the food industry. The emulsifying property of sophorolipids can be used to improve the physical properties of food products.

    Impact of COVID-19 Pandemic on Sophorolipid and Rhamnolipid Market

    In 2020, various industries faced challenges in terms of the availability of raw materials, economic slowdown, and reduced investment projects. The COVID-19 pandemic disrupted many sectors, supply chains, and manufacturing in different regions in early 2020. The shutdown of production facilities has negatively impacted the sophorolipid and rhamnolipid market growth in 2020. The negative impact of the pandemic on food, personal care, and many other industries reduced the demand for sophorolipids and rhamnolipids.

    However, manufacturing factories from different regions reopened following the ease of restrictions. The sophorolipid and rhamnolipid market is also gaining momentum with increasing its demand globally, driving the sophorolipid and rhamnolipid market growth.

    The report includes the segmentation of the global sophorolipid and rhamnolipid market as follows:

    The global sophorolipid and rhamnolipid market is bifurcated on the basis of type and application. Based on type, the sophorolipid and rhamnolipid market is bifurcated into sophorolipid and rhamnolipid. By application, the market is segmented into household detergents, personal care, industrial & institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, pharmaceuticals, and others. By region, the sophorolipid and rhamnolipid market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America sophorolipid and rhamnolipid market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific sophorolipid and rhamnolipid market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The sophorolipid and rhamnolipid market in the Middle East & Africa is subsegmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America sophorolipid and rhamnolipid market is further segmented into Brazil, Argentina, and the Rest of South & Central America.

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