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Biosurfactants Market Share

Report ID: GMI484
Published Date: Apr 2023
Report Format: PDF

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Biosurfactants Market Share

Major companies operating in the biosurfactants market include:

BASF SE
Merck KGaA
Evonik Industries AG
Givaudan SA
Kao Corporation,
Boruta Zachem SA.

Players in the competitive landscape have been emphasizing expanding their production capabilities to gain access to a broader customer base and make the most of available growth opportunities. For instance, in January 2022, Evonik announced its plan to construct a new industrial-scale facility to boost rhamnolipid biosurfactants production at its Slovakia site. The construction of the new establishment is expected to be accomplished by the end of 2023.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global market size for biosurfactant was worth more than USD 8 billion in 2022 and is expected to witness around 5% CAGR from 2023 to 2032 driven by surging healthcare spending and the flourishing pharmaceutical sector.

Rhamnolipids segment is anticipated to garner over USD 3 billion by 2032 owing to the increasing utilization of rhamnolipids biosurfactants in pharmaceuticals, agricultural, and food processing applications.

Sophorolipids biosurfactants from personal care application segment is poised to expand at around 7.5% CAGR through 2032, attributed to the rising income levels and increased spending on beauty and aesthetics.

Leading enterprises participating in the biosurfactants market include BASF SE, Merck KGaA, Evonik Industries AG, Givaudan SA, Kao Corporation, and Boruta Zachem SA.