Sophorolipids are surfactants formed by the fermentation of a selected number of non-pathogenic yeast species. These combine green chemistry with low carbon footprint, and hence fulfil certain important eco-friendly criteria. Sophorolipids demonstrate synergistic effects with other secondary surfactants in foaming and cleaning applications. Numerous other properties possessed by sophorolipids make them superior to synthetic surfactants. These include stability in wide ranges of pH, temperatures, and salinity; ability to be active in hard water; easy biodegradability, and adequate surface activity. Sophorolipids are generally found in two forms: lactonic and acidic. Lactonic forms exhibit better biocidal, cytotoxic, and pro-inflammatory activities and are good anti-cancer agents. Acidic forms, on the other hand, are better foaming agents with higher water solubility and find applications in the food, cosmetics, and bioremediation industries.
There was a significant time gap between the discovery of sophorolipids and their market commercialization. Sophorolipids have been known for decades; however, market commercialization was delayed due to factors such as competition from existing surfactants, high production cost, variable and unpredictable composition, and lack of a dedicated formulation. However, recent developments in technology have lifted quite a few roadblocks, making sophorolipids feasible, both technologically and economically. The sophorolipids market is at a nascent stage; however, large corporations are increasingly using these bio-surfactants to manufacture various products. Sophorolipids find applications in major industries such as agriculture, food, cosmetics, detergents, biomedicine, and bioremediation.
Europe is a major market for sophorolipids due to their nearly 100% biodegradability property. The European Union has an established bio-surfactants market that would account for nearly half of the total global demand. Europe is a global leader in both production and consumption of bio-surfactants. Major drivers of the sophorolipids market include environmental concerns, regulatory compliance, and fluctuating oil prices. Demand for sophorolipids is likely to increase in applications such as detergents and cosmetics where environmental concerns are more prominent. Sophorolipids can replace several major synthetic surfactants such as polyoxyethylene alkyl ether, sodium dodecyl sulfate, and trimethylglycine.
Allied Carbon Solutions Ltd., DSM Nutritional Products, Ecover Belgium, Groupe Soliance, Henkel, Kaneka Co., MG Intobio Co. Ltd., Saraya Co. Ltd., and Synthezyme LLC are the major players in the sophorolipids market. These companies produce sophorolipids and either use them in their own brands or provide them as ingredients in products of companies operating in various industries. Most of these companies are based in the U.S., Japan, or Europe. The newest entrant in this market is Evonik Industries AG, which sees huge potential for growth in the sophorolipids market in the next few years due to improved technology and better economies of scale as compared to a few years ago.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.