The global sophorolipids market size reached USD 24.40 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period, according to a latest analysis by Emergen Research. Research initiatives on anti-skin-cancer therapies are a major factor expected to drive revenue growth of the market between 2022 and 2030.
Sophorolipid is a type of glycolipid that is obtained from microbial sources of origin. The most common source of the biological substance is Candida bombicola, which is a yeast. Sophorolipids exhibit surfactant properties, and are hence regarded as biosurfactants with a wide range of applications in the agricultural, FMCG, and even pharmaceutical industries. The biosurfactant has anti-bacterial and anti-fungal properties, which makes it an essential component in body care and personal care products. The molecule is amphipathic in nature and thus is capable of removing oils and dirt when used for washing clothes. This has increased adoption of sophorolipids in detergents as a sustainable and biodegradable alternative to commercially available synthetic products. Research initiatives published in 2021 have revealed anti-cancer properties of the substance, whereby it inhibits growth of cells that can cause skin cancer. This is expected to increase adoption of the molecule for melanoma-based research studies in the coming years and drive revenue growth of the market over the forecast period.
The Global Sophorolipids Market Report, published by Emergen Research, offers an industry-wide assessment of the Sophorolipids market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2022-2030. The current trends of the Sophorolipids market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Sophorolipids market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Sophorolipids industry.
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Some Key Highlights From the Report
The latest report is the most recent study that offers 360° coverage of the Sophorolipids industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Sophorolipids market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Segmental Analysis
The global Sophorolipids market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Sophorolipids sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Emergen Research has segmented global sophorolipids market on the basis of strain, application, end-use, and region:
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Sophorolipids market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Sophorolipids market into various regions, including:
Competitive Terrain:
The Global Sophorolipids Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
The leading market contenders listed in the report are as follows:
BASF SE, Evonik Operations GmbH, Actera Ingredients, Allied Carbon Solutions Co., Ltd., Holiferm, Merck KGaA, Sasol Chemicals, Saraya Co., Ltd., MG Intobio Co., Ltd., and Soliance, S.A.
Report Highlights:
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