Squalene Market is Estimated To Surge to USD 240.11 million by Global Size, Emerging Trends, Top Leading Players with Strategies, Opportunities and Forecast 2029

Squalene Market Overview:

Squalene is an unsaturated hydrocarbon that can be found in a variety of industries, including cosmetics, nutraceuticals, and pharmaceuticals. It is abundant in animal oil and can be obtained in small amounts from vegetables and synthetic biotechnology. Squalene can also be found in vegetables such as amaranth seeds, olives, and wheat germ. It is naturally produced by all organisms, including humans, with the amount of squalene decreasing with age. It is primarily used for its medicinal and pharmacological properties, such as its ability to act as a chemo-preventive agent, antioxidant, and immune system restorer.

The global Squalene market size was valued at USD 114.5 million in 2020, and is projected to reach USD 240.11 million by 2029, growing at a CAGR 8.94% during the forecast period 2022-2029.

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Squalene Market Key Players

The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Amyris, Inc, Arista Industries Inc, Empresa Figueirense De Pesca, Lda, Gracefruit Limited, Kshimoto Special Liver Oil Co., Ltd, New Zealand Green Health Ltd, Nucelis Llc, Otto Chemie Pvt. Ltd, and Others

Recent Development

In October 2020, Amyris announced the delivery of non-shark-based squalene samples to pharmaceutical companies, involved in the production of adjuvants for vaccines, including influenza and COVID-19 vaccines, to get a commercial license so that the company can start the production of its alternative squalene. The company expects commercialization and production of this squalene by the fourth quarter, which is expected to enhance its squalene business.
In October 2020, Amyris, a leading squalene supplier in the world, announced its plans to supply non-shark squalene samples to pharmaceutical companies so that they could use them to manufacture alternative squalene for adjuvants used in the formulation of vaccines.

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Squalene Market Segmentation:

Squalene Market by Source, 2020-2029, (USD Million) (Kilotons)

Animal
Vegetable
Synthetic Biotechnology

Squalene Market by End-Use Industry, 2020-2029, (USD Million) (Kilotons)

Cosmetics
Nutraceuticals
Healthcare

Growth Factors:

Increasing demand from the Squalene industries
The growing use of Squalene in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Squalene Market

Squalene Market Regional Analysis

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Squalene Market Trends

- The report identifies, determines, and forecasts the Global Squalene Market segments based on their type, sub-type, technology used, applications, end-users, and regions.

- Industry to Industry Holds Largest Share in the Squalene Market

- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.

- Demand from Regional / geographical is expected to drive the Growth

- Rising Adoption of Market Segments in the Squalene Growth

- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Squalene Market.

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