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With 7.27% CAGR, Squalene Market Size to Reach US$ 192.7 Million 2022-2027

12-05-2022 06:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

With 7.27% CAGR, Squalene Market Size to Reach US$ 192.7 Million

According to the latest report by IMARC Group "Squalene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global squalene market size reached US$ 125.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 192.7 Million by 2027, exhibiting a growth rate (CAGR) of 7.27% during 2022-2027.

Squalene refers to a naturally occurring, unsaturated liquid hydrocarbon commonly procured from plant-based sources, such as olives, wheat germ, palm oil, etc., and shark liver oil. It is primarily used as an intermediate for the biosynthesis of cholesterol and can also be artificially produced using yeast. Squalene is extensively utilized in the manufacturing of vaccines, health foods, cosmetics and personal care products, high-grade machine lubricants and nutraceuticals. It acts as a chemo-preventive agent and antioxidant, which helps to restore the immune system and increase collagen production in skin cells.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/squalene-market/requestsample

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Squalene Market Trends:

Significant growth in the personal care and cosmetic industry across the globe is primarily creating a positive outlook for the market. Squalene gets easily absorbed by human skin and is widely used as a moisturizing and cleansing agent in various skincare products, such as lotions, creams, lipsticks, hair conditioners, foundations, etc. Moreover, the growing consumer awareness towards numerous health benefits associated with squalene supplements in preventing arthritis, asthma, and psoriasis, is also propelling the market growth. Various other factors, including the rising production of squalene from natural resources, along with extensive R&D activities in the biotechnology sector, are anticipated to further drive the global market for squalene in the coming years.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Amyris Inc.
Arbee Agencies
Arista Industries Inc.
Empresa Figueirense De Pesca Lda
Gracefruit Limited
Kishimoto Special Liver Oil
Maruha Nichiro Corporation
Nucelis Inc. (Cibus Ltd.)
SeaDragon Marine Oils Limited
Sophim and VESTAN Squalene Hydrogenation and Purification.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/squalene-market

The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Source Type:

Animal
Vegetable
Synthetic

Breakup by Application:

Cosmetics
Food
Pharmaceuticals
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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Dolomite Mining Market: https://www.imarcgroup.com/dolomite-mining-market

Glass Bonding Adhesives Market: https://www.imarcgroup.com/glass-bonding-adhesives-market

Glycerol Market: https://www.imarcgroup.com/glycerol-market

Squalene Market: https://www.imarcgroup.com/squalene-market

Propylene Oxide Market: https://www.imarcgroup.com/propylene-oxide-market

Unsaturated Polyester Resins Market: https://www.imarcgroup.com/unsaturated-polyester-resins-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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