The North America sophorolipid and rhamnolipid market was valued at US$ 86.98 million in 2022 and is expected to reach US$ 143.59 million by 2030; it is estimated to grow at a CAGR of 6.5% from 2022 to 2030.
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Based on type, the North America sophorolipid and rhamnolipid market is bifurcated into sophorolipid and rhamnolipid. The sophorolipid segment held a larger North America sophorolipid and rhamnolipid market share in 2022.
In terms of application, the North America sophorolipid and rhamnolipid market is segmented into household detergents, personal care, industrial and institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, pharmaceuticals, and others. The household detergents segment held the largest North America sophorolipid and rhamnolipid market share in 2022.
Based on country, the North America sophorolipid and rhamnolipid market is segmented into the US, Canada, and Mexico. The US dominated the North America sophorolipid and rhamnolipid market in 2022.
Saraya Co Ltd, Evonik Industries AG, Givaudan SA, Godrej Industries Ltd, Stepan Co, Dow Inc, and Jeneil Bioproducts GmbH are some of the leading companies operating in the North America sophorolipid and rhamnolipid market.
Reasons to Buy
Advantages Associated with Usage of Sophorolipids and Rhamnolipids Fuels the North America Sophorolipid and Rhamnolipid Market
Sophorolipids offer several advantages over chemical surfactants, such as high biodegradability, diversity of biological properties, and renewable characteristics being synthesized as a mixture of different molecules. Sophorolipids have various properties, including antimicrobial and antioxidant activity, that allow their application in different industries such as detergents, personal care, and many others. They are also highly efficient in reducing the surface and interfacial tensions. Further, rhamnolipids are highly used in applications across many industries, such as bioremediation, cosmetics, agriculture, food processing, and pharmaceuticals owing to their efficient surface and biological capabilities. Rhamnolipids effectively lower surface tension, exhibit low toxicity, have a strong wetting ability, and promote the biodegradation of poorly soluble substrates. Therefore, rising awareness regarding the advantages associated with the usage of sophorolipids and rhamnolipids is propelling their use in different application sectors such as personal care & cosmetics, household detergent, industrial cleaners, agriculture, food processing, and leather processing, thereby driving the North America sophorolipid and rhamnolipid market growth.North America Sophorolipid and Rhamnolipid Market Overview
North America sophorolipid and rhamnolipid market is segmented into the US, Canada, and Mexico. The sophorolipid and rhamnolipid market growth in the region is mainly driven by the increasing use of biosurfactants in various industries such as detergents, personal care, food processing, and many others. Rising concerns about the environmental impacts caused by chemical surfactants due to their toxicity and difficulty in being degraded in the environment have raised the demand for biosurfactants. Increasing use of sophorolipid and rhamnolipid in the cosmetics and personal care industry is also boosting the market growth in the region. In Mexico, cosmetics represent the best prospect. Owing to a strengthening economy and the availability of various domestic and imported brands, consumption of cosmetics in Mexico has grown steadily over the past few years. The increased popularity of beauty video blogs and the growing number of male consumers investing in grooming products continue to drive the country's cosmetics and personal care products market. In addition, the rising consumer preference toward using bio-based cosmetics and personal care products is driving the demand for sophorolipid and rhamnolipid. Further, the growing awareness regarding the eco-friendly solution drives the demand for biosurfactant-based detergents and cleaners in the region.Nort
h America Sophorolipid and Rhamnolipid Market Revenue and Forecast to 2030 (US$ Million)
North America Sophorolipid and Rhamnolipid Market Segmentation
The North America sophorolipid and rhamnolipid market is segmented based on type, application, and country.Based on type, the North America sophorolipid and rhamnolipid market is bifurcated into sophorolipid and rhamnolipid. The sophorolipid segment held a larger North America sophorolipid and rhamnolipid market share in 2022.
In terms of application, the North America sophorolipid and rhamnolipid market is segmented into household detergents, personal care, industrial and institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, pharmaceuticals, and others. The household detergents segment held the largest North America sophorolipid and rhamnolipid market share in 2022.
Based on country, the North America sophorolipid and rhamnolipid market is segmented into the US, Canada, and Mexico. The US dominated the North America sophorolipid and rhamnolipid market in 2022.
Saraya Co Ltd, Evonik Industries AG, Givaudan SA, Godrej Industries Ltd, Stepan Co, Dow Inc, and Jeneil Bioproducts GmbH are some of the leading companies operating in the North America sophorolipid and rhamnolipid market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America sophorolipid and rhamnolipid market to 2030.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America sophorolipid and rhamnolipid market to 2030 thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the sophorolipid and rhamnolipid market to 2030, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. North America Sophorolipid and Rhamnolipid Market Landscape
5. North America Sophorolipid and Rhamnolipid Market - Key Market Dynamics
6. Sophorolipid and Rhamnolipid Market - North America Market Analysis
7. North America Sophorolipid and Rhamnolipid Market Analysis - By Type
8. North America Sophorolipid and Rhamnolipid Market Analysis - By Application
9. North America Sophorolipid and Rhamnolipid Market - Country Analysis
10. Industry Landscape
11. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- Dow Inc
- Evonik Industries AG
- Givaudan SA
- Godrej Industries Ltd
- Jeneil Bioproducts GmbH
- Saraya Co Ltd
- Stepan Co
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | February 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 86.98 Million |
Forecasted Market Value ( USD | $ 143.59 Million |
Compound Annual Growth Rate | 6.5% |
Regions Covered | North America |
No. of Companies Mentioned | 7 |