Global Market Insights Inc. has announced a new global report on Squalene Market. The report projects the market size in terms of
volume to surpass 5,300 tons at a growing CAGR of 9% by 2022. Regarding
revenue, it is forecast to reach USD 240 million from 2015 to 2022. The report
features complete analysis of the market with a focus on drivers, impediments,
challenges and opportunities that influence the market. The industry is
segmented by source, application, region and competitive landscape. Growth in
end-use industries and beneficial properties of the squalene on human health
are likely to boost the demand.
MEA squalene market size, by application, 2014
Europe
led by UK, France, and Germany squalene market is expected to foresee
significant growth of over USD 110 million. This is attributed to the growing
demand of natural ingredients across personal care and cosmetic products. North
America is projected to witness growth over the predicted time frame. Dietary supplement applications are forecast
to further the growth in the region. Asia-Pacific region, with strong growth in
India and China, is anticipated to register high gains by 2022.
Browse key industry insights spread across 80 pages with 53 market data tables & 12 figures from the report, “Squalene Market Size By Source (Shark Liver, Vegetable, Synthetic), By Application (Cosmetics, Supplements, Pharmaceuticals), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022”, please click on the link below:
Cosmetics
applications dominate industry demand and are likely to continue their dominance
in the coming years. Dietary supplements are projected to grow at more than
8.5% CAGR by 2022 and surpass 1,100 tons. Growing consumer awareness regarding
healthy lifestyle is likely to further dietary supplement application segment
growth.
The
report covers the competitive landscape of global squalene market with the main
profiles, market strategies, current trends, market structure of the major
market players listed in the report. Product development and highly pure
products are at the prime focus of the key manufacturers in pharmaceutical and
dietary supplement industries.
Key
market players include Arista, Amyris, Croda, and Nuelis. Sophim, Arbee Fish
Oil, Kishimoto Special Liver Oil Co., Gracefruit, SeaDragon, Empresa
Figueirense de Pesca Lda, Coastal Fisheries, Carbomer and Aasha Biochem are
other notable names in the industry. Amyris has initiated low-cost farnesene
production through metabolic yeast route. This is an essential building block
to produce several chemicals, including squalene. Unilever and L'Oreal top personal
care & cosmetic companies had announced to substitute shark-derived oils
with plant derived oils.
Vegetable
sources are poised to register high growth rate and reach USD 130 million over
the estimated period. Furthermore, scaling issues for Amyris and regulations on
deepwater shark fishing are likely to fuel the market demand for vegetable
sources. Shark squalene industry demand is forecast to experience little gains
over the next few years.
Download a sample copy of this report: https://www.gminsights.com/request-sample/detail/380
Information Source: Global Market Insights, Inc.
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