MANNOSYLERYTHRITOL LIPIDS MARKET ANALYSIS

Mannosylerythritol Lipids MarketSize and Trends

Global mannosylerythritol lipids market was valued at US$ 3,339.4 Mn in 2022, exhibiting a CAGR of 5.1% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 4,991.9  Mn by 2030. Mannosylerythritol lipids are biosurfactant that belongs to the class of glycolipid and possess excellent interfacial and biochemical properties. They are extracted from fungal and yeast extracts. Moreover, they also have excellent emulsification, dispersing, and frothing properties that enable their properties across various residential as well as commercial applications. Oilfield chemicals, personal care, industrial, agricultural chemicals, institutional cleaners, household detergents, food processing, and textiles are some of the major application areas of mannosylerythritol lipids. Out of which, household detergents are a consumer of application of mannosylerythritol lipids. Moreover, this lipid is also used across the pharmaceutical industry as they have excellent biochemical functions such as anti-tumor activity against human leukemia cells and other cancers.

Figure 1 Global Mannosylerythritol Lipids Market, By End-use Industries, 2022

Global Mannosylerythritol Lipids Market - Market Trends

The rising trend of using sugarcane to produce mannosylerythritol lipids (MEL) as it is considered as the best source of carbon is expected to foster market growth. Many manufacturers are focusing on the production of more efficient biosurfactant by using sugarcane juice as it is one of the most economical resources. Therefore, growing demand for more efficient biosurfactant is projected to accelerate the market growth of mannosylerythritol lipids over the forecast period.

Growing research development for the production of bio-based surfactants is expected to fuel market growth. For instance, in October 2016, the team of Nuno Faria (Ph.D., MIT Portugal Program graduate), Frederico Ferreira (IBB-IST) and César Fonseca (Ph.D., former Researcher at LNEG, Professor at Aalborg University has developed a new technology aims at producing biodegradable and non-toxic biosurfactants (detergents) from renewable resources (agricultural and forest wastes) as an alternative to oil-based products.