Increasing application of sophorolipids in manufacturing biopesticides is projected to fuel Europe Sophorolipids Market

The research report "Europe Sophorolipids Market: by Application (Household detergents, Industrial & Institutional cleaners, Personal care, Oilfield chemicals, Agricultural chemicals, Food processing, Textiles, Others (Bioremediation, medical and pharmaceutical)) - Region/Country Forecast to 2028. The Europe sophorolipids market size was valued at US$ X Mn in 2021 and is poised to grow at a significant CAGR rate of x% over the period 2022-2028.

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Increasing use in pharmaceuticals industry is estimated to boost Europe Sophorolipids Market:
The report on market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application and country. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. Sophorolipids have antifungal properties which are anticipated to enhance its application in manufacturing of bacteriostatic agents and anti-dandruff shampoos. Such trend is anticipated to boost the demand for sophorolipids over the forecast period. One of the key factors anticipated to bolster the sophorolipids market over the estimation period is increasing use in pharmaceuticals industry due to its immune regulatory and antiviral properties. Increasing application of sophorolipids in manufacturing bio pesticides due to its efficiently removing pathogens characteristic is also projected to create positive impact on the market. Exceptional bio surfactant properties have also resulted in growing popularity of sophorolipids to manufacture personal care products including deodorants and shampoos.

Novel product launch, mergers and acquisitions are the key strategies followed by the major players of the market. A few of the producers in the market are MG Intobio, Urumqui Unite and Saraya. Two top surfactant manufactures who have ventured into Biosurfactant market are Ecover and BASF Cognis. Merger of two ecological product manufacturers, viz. Ecover and Method would increase the bio-based surfactants production.

Germany accounted for major share in Europe Sophorolipids Market:
Europe sophorolipids market is mainly fuelled by the increasing production and consumption of bio products and is anticipated to create a favorable impact on sophorolipids market. Increasing significance of healthy food consumption in US has resulted in growing production of organic food products in the region. Europe sophorolipids makret report aims at providing complete outlook on sophoroipids market across the economies of Europe such as Germany, Russia, UK, France, Italy and Rest of Europe. Among these economies, Germany is dominating the market in product and consumption of bio-surfactants. Key factors driving the sophorolipids market are fluctuating oil prices, environmental issues and regulatory compliance. Demand for sophorolipids is going to increase in applications such as cosmetics and detergents where environmental issues are more important. Sophorolipids may replace many leading synthetic surfactants namely trimethylglycine, polyoxyethylene alkyl ether and sodium dodecyl sulfate.

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Competitive Analysis Europe Sophorolipids Market:
Major players working in the Europe sophoroipids market are Saraya, Ecover, MG Intobio, Soliance and Cognis.

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