Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.8 Billion | USD 2.9 Billion | 5.5% | 2021 |
FrequentlyAsked Questions
The rise in interest & awareness in renewable-based products by end-users & consumers, the increase in regulatory & environmental pressure on regulatory pressure on petrochemicals, and continuous changes in feedstock pricing supporting oleochemicals are the primary factors that are fueling the growth of the global soy-based surfactants market.
According to the report, the global soy-based surfactants market size was worth around USD 1.8 billion in 2021 and is predicted to grow to around USD 2.9 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.5% between 2022 and 2030.
The global soy-based surfactants market growth is expected to be driven by Europe. It is currently the world’s highest revenue-generating market due to the consumer inclination towards bio-based products as well as stringent regulations derived by the government.
The global soy-based surfactants market is dominated by players like Archer Daniels Midland Company, DuPont, The Scoular Company, FUJI OIL ASIA PTE. LTD., Cargill Incorporated, Ingredion Incorporated, Arla Foods amba, CROWN SOYA PROTEIN GROUP, Batory Foods, ADM, Cargill, Incorporated., Hain Celestial, House Foods America Corporation., Pulmuone Foods USA, Vitasoy International Holdings Limited., Tofurky, Eden Foods, MORINAGA & CO., LTD., Kikkoman Corporation., Amy's Kitchen, Inc., and Schouten, among others.
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