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Latin America sophorolipids market size was valued US$ XX Mn in 2023 and poised to grow at significant CAGR over 2024-2030. Market for Latin America Sophorolipids market is projected to reach US$ XX Mn by 2028. Rising application of sophorolipids in manufacturing biopesticides on account of effectively removing pathogens is expected to have a favorable impact on the market. This report gives a comprehensive outlook on sophorolipids market across the different countries of Latin America such as Brazil, Mexico, Argentina, Chile, and Rest of Latin America. This report 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. In addition, this report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America Sophorolipids market to better equip clients with possible investment opportunities across the Countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and recent market activities. Merger & Acquisitions and Product launch are the two major strategies adopted by key players. BASF Cognis and Ecover are the two top surfactant manufacturers who have ventured into Biosurfactant market.
Other producers in the market are Urumqui Unite, Saraya, and MG Intobio. Merger of two eco-friendly product manufacturers, viz. Ecover and Method, would increase production of bio-based surfactants. The implementation of agro ecology farming technology in countries of Latin America such as Brazil, Ecuador, Costa Rica and Mexico is expected to provide a constant supply of raw material for sophorolipids production. Major growth is foreseen in countries like Mexico and Brazil and is expected to register a significant CAGR during the forecast period. Majority of key players are implementing various strategies like acquisition, merger, collaborations, and product launch to institute their footprint in the Latin America market. Soliance, Sun Products, Croda, TeeGene and AGAE Technologies are the key industrial players in bio surfactants market. New product development and strong R&D may boost the product portfolio, which in turn foster the industry growth. Most of the manufacturers are focusing to develop novel products to increase bio surfactants demand which in turn may accelerate the product market over the forecast timeframe.
Rising application of sophorolipids in manufacturing bio pesticides on account of effectively removing pathogens is expected to have a favourable impact on the market. Increasing deployment in pharmaceuticals industry owing to its antiviral and immune regulatory properties is expected to be boost sophorolipids market over the forecast period. Excellent bio surfactant properties have resulted in rising popularity of sophorolipids to manufacture personal care products such as shampoos and deodorants. Sophorolipids possess antifungal properties, which are expected to increasing its application to manufacture anti-dandruff shampoos and bacteriostatic agents. This trend is expected to fuel the demand for sophorolipids over the next seven years.
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The Latin America Sophorolipids Market Latin America sophorolipids market size was valued US$ XX Mn in 2023 and poised to grow at significant CAGR over 2024-2030..
The Latin America Sophorolipids Market data: Latin America (Brazil, Mexico, Argentina)
The Latin America Sophorolipids Market key players are Saraya Ecover MG Intobio Soliance Cognis
1.Executive Summary |
2. Latin America Sophorolipids Market Introduction |
2.1. Latin America Sophorolipids Market - Taxonomy |
2.2. Latin America Sophorolipids Market - Definitions |
2.2.1.Application Type |
2.2.2.Country |
3. Latin America Sophorolipids Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Latin America Sophorolipids Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Latin America Sophorolipids Market By Application Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Household detergents |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Industrial & Institutional cleaners |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Personal care |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Oilfield chemicals |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Agricultural chemicals |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Food processing |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Textiles |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Others (Bioremediation, medical and pharmaceutical) |
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
6. Latin America Sophorolipids Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Latin America |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Brazil |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Mexico |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Rest of LA |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Competition Landscape |
7.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
7.2.1.Saraya |
7.2.2.Ecover |
7.2.3.MG Intobio |
7.2.4.Soliance |
7.2.5.Cognis |
8. Research Methodology |
9. Appendix and Abbreviations |
Key Market Players