Worldwide Consumption of Squalene Is Projected To Increase At An Impressive CAGR of 12.2% by 2032

Posted on 2022-11-25 by Fact.MR in Chemicals // 0 Comments

Worldwide consumption of squalene is projected to increase at an impressive CAGR of 12.2% from 2022 to 2032. The global squalene market currently accounts for a valuation of US$ 21.12 billion and is estimated to surge to US$ 66.36 billion by the end of 2032.

Hydrogenation of squalene results in the formation of squalene, and as focus on personal care bolsters, demand for squalane is expected to increase substantially over the coming years.

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Competitive Landscape

Key squalene manufacturers are majorly focusing on research and development of new methods to create squalene from plant-based sources as shark squalene is declining in availability. Squalene companies are deploying innovative strategies to expand their business potential and strengthen their market stance on a global level.

• 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.

Key Companies Profiled by Fact.MR

• Sophim
• Amyris
• Arista Industries Inc.
• SeaDragon Marine Oils Limited
• Nucelis LLC
• Ekiz Olive Oil & Soap Inc.
• Kishimoto Special Liver Oil Co. Ltd.
• Empresa Figueirense De Pesca, Lda
• Arbee BiomarineExtracts Pvt. Ltd.
• New Zealand GreenHealth Limited

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Key Segments Covered in Squalene Industry Research

• Squalene Market by Type :

o Animal Source Squalene
o Vegetable Source Squalene

• Squalene Market by End-use Industries :

o Cosmetics
o Pharmaceuticals
o Supplements
o Other End-use Industries

• Squalene Market by Region :

o North America
o Latin America
o Europe
o APAC
o MEA

Questionnaire answered in the Squalene Market report include:

• How the market for Squalene has grown?
• What is the present and future outlook of the global Squalene on the basis of region?
• What are the challenges and opportunities for the Squalene?
• Why the consumption of Squalene highest in region?
• In which year segment is expected to overtake segment?

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What makes Fact.MR report stand out from others?

• Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Squalene market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.

• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Squalene market, thus, making it different and special from other reports.

Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.

• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Squalene market and assists to create strategies to overcome the obstacles that may hinder the growth of the Squalene market.

• Leverage: The Squalene market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.

• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.

• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Squalene market.

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