Sophorolipid Market Size, Share and Global Analysis - 2027

The sophorolipid market was valued at US$ 374.85 Thousand in 2019 and is projected to reach US$ 547.02 Thousand by 2027; it is expected to grow at a CAGR of 5.0% from 2020 to 2027.

A sophorolipid is known as a surface-active glycolipid compound that can be synthesized by a selected number of nonpathogenic yeast species. They are potential bio-surfactants owing to their biodegradability and low eco-toxicity. Sophorolipid are commercially produced from vegetable oil and glucose by additing anon-pathogenic yeast, called Candida bombicola. The demand for sophorolipid is increasing from many end-use industries such as oil and energy, agriculture, chemical, pharmaceutical, medical and healthcare, and consumer goods; therefore, this sophorolipid market is booming rapidly.

In 2019, Europe dominated the global market for sophorolipid due to the rise in production and consumption of sophorolipid in the developed and developing economies of Europe. Economically developed countries such as Germany, the UK, and  Russia witness significant growth in the implementation of technologically advanced solutions. Various industries such as chemical, pharmaceutical, polymers, agrochemicals, and cosmetics and detergents are growing in the region, which is bolstering the growth of the sophorolipid market in the region. The market of sophorolipid in Europe is growing due to its 100% biodegradability properties. The European Union (EU) has an established market for biosurfactants that would meet almost half of the total global demand. This trend is anticipated to drive the sophorolipid market in Europe during the forecast period.

The COVID-19 outbreak was first reported in Wuhan, China, in December 2019. As of November 2020, US, Brazil, India, Russia, South Africa, Mexico, and the UK are among the worst affected countries in terms of COVID-19 confirmed cases and reported deaths. Lockdowns, travel bans, and business shutdowns are adversely affecting the economies and industries in various countries. The chemicals and material industry is one of the major industries that are facing serious disruptions due to office and factory shutdown and supply chain breaks.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Get 10% FREE CUSTOMIZATION

Sophorolipid Market: Strategic Insights

Sophorolipid Market

• 
  CAGR (2019 - 2027)

  5.0%
• Market Size 2019
  US$ 0.37 Million
• Market Size 2027
  US$ 0.55 Million

Market Dynamics

GROWTH DRIVERS

• XXXXXXX
• XXXXXXX
• XXXXXXX

FUTURE TRENDS

• XXXXXXX
• XXXXXXX
• XXXXXXX

OPPORTUNITIES

• XXXXXXX
• XXXXXXX
• XXXXXXX

Key Players

• Allied Carbon Solutions Co Ltd
• Givaudan
• Evonik Industries AG
• Holiferm
• Saraya Co Ltd
• Mg Intobio Co Ltd

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Lactonic Sophorolipid and Acidic Sophorolipid

Application

• Household Detergents
• Personal Care
• Industrial & Institutional Cleaners
• Food Processing
• Oilfield Chemicals

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Rising Importance of Bio-Based Chemicals

The growth of the global sophorolipid market is driven by the rising importance of bio-based chemicals for reducing greenhouse gas emissions. Sophorolipid is mainly derived from natural sources and is an alternative to petrochemical products such as detergents and pesticides. Sophorolipids are commercially manufactured from vegetable oil and glucose by adding a nonpathogenic yeast, Candida bombicola. Sophorolipids are surfactants prepared by the fermentation of nonpathogenic yeast species. These mainly combine green chemistry with a low carbon footprint and thus meet certain important eco-friendly criteria. Sophorolipid demonstrate synergistic effects along with other secondary surfactants in foaming and cleaning applications. Numerous other properties—such as temperatures, stability in wide ranges of pH and salinity, easy biodegradability, ability to be active in hard water, and adequate surface activity—possessed by sophorolipid demonstrate them superior to synthetic surfactants. Sophorolipids are generally available in two forms—lactonic and acidic. Lactonic forms exhibit better biocidal, cytotoxic, and pro-inflammatory activities and are also good anticancer agents. Acidic forms, on the other hand, are better foaming agents along with higher water solubility. Also, it is used in various applications in the food, cosmetics, and bioremediation industries. All these factors collectively drive the growth of the sophorolipid market.

Type Insights

Based on type, the sophorolipid market is bifurcated into acidic sophorolipid and lactonic sophorolipid. The acidic sophorolipid segment led the market with a higher market share in 2019. Acid sophorolipids are produced by a variety of yeast species, especially Starmerella bombicola. Acid sophorolipids are amphiphilic molecules and thus possess the characteristics of surfactants. As biosurfactants, they have various potential advantages over synthetic surfactants such as lower toxicity, higher biodegradability, and low-cost manufacturing capacity. Acidic forms are stronger foaming agents with higher water solubility and are used in the dairy, cosmetics, and bioremediation industries, which drive the growth of the market for acidic sophorolipid segment.

Application Insights

Based on application, the sophorolipid market is segmented into household detergents, personal care, food processing, Industrial and Institutional Cleaners, oilfield chemicals, and others. The household detergents segment led the market with the highest share in 2019. Sophorolipids are effective in hard surface cleaning and automated dishwashing aid formulations due to their low foaming profile combined with their surface activity properties, which are of potential interest in additional applications. Sophorolipids also has  an outstanding environmental profile with excellent efficiency; which makes, it suitable for household applications. This factor increases the sales of sophorolipid products through household detergents.

A few of the key players operating in the sophorolipid market are Allied Carbon Solutions Co., Ltd; Givaudan; Evonik Industries AG; Holiferm; Saraya Co., Ltd; and Mg Intobio Co., Ltd. Major market players are focusing on strategies such as mergers & acquisitions and product launches to expand their business and consumer base globally. For instance, in January 2018, Actera Ingredients announced itself as a distributor for Allied Carbon Solution’s ACS-Sophor (INCI: Candida Bombicola/Madhuca Longifolia Seed Oil Ferment Extract) products for the cosmetics and household industry in North America.

Sophorolipid Market Report Scope

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Report Spotlights

• Progressive industry trends in the global sophorolipid market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the market from 2019 to 2027
• Estimation of the demand for sophorolipid across various industries
• PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the competitive scenario in the market and the demand for sophorolipid
• Market trends and outlook coupled with factors driving and restraining the growth of the market
• Decision-making process by understanding strategies that underpin commercial interest with regard to market growth
• Market size at various nodes of market
• Detailed overview and segmentation of the market and its dynamics in the industry
• Market size in various regions with promising growth opportunities

Global Sophorolipid Market, by Type

• Lactonic Sophorolipid
• Acidic Sophorolipid

Global Sophorolipid Market, by Application

• Household Detergents
• Personal Care
• Food Processing
• Industrial and Institutional Cleaners
• Oilfield Chemicals
• Others

Company Profiles

• Allied Carbon Solutions Co., Ltd
• Givaudan
• Evonik Industries AG
• Holiferm
• Saraya Co., Ltd
• Mg Intobio Co., Ltd