Global Squalene Market 2024-2028
The squalene market is forecasted to grow by USD 62.9 mn during 2023-2028, accelerating at a CAGR of 6.79% during the forecast period. The report on the squalene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing acceptance of uva/b filters in sunscreens and sun protection cosmetics, rising prevalence of chronic diseases, and increasing demand for anti-aging products.
Technavio's squalene market is segmented as below:
By End-user
- Cosmetic and personal care products
- Food supplements
- Pharmaceutical
By Type
- Vegetable
- Animal
- Biosynthetic
By Geography
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the squalene derived from renewable resources as one of the prime reasons driving the squalene market growth during the next few years. Also, availability of multifunctional cosmetic products and growing demand for medical industry in developing countries will lead to sizable demand in the market.
The report on the squalene market covers the following areas:
- Squalene market sizing
- Squalene market forecast
- Squalene market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading squalene market vendors that include Amyris Inc., ARISTA INDUSTRIES, BOCSCI Inc., Cibus, Croda International Plc, Evonik Industries AG, Gracefruit Ltd., KISHIMOTO SPECIAL LIVER OIL CO. LTD., KURARAY Co. Ltd., LBB Specialties LLC, MacroCare Tech Ltd., Majestic Mountain Sage Inc., Maruha Nichiro Corp., Maypro Group, Micro Capsule Technologies, New Zealand Green Health Ltd., Parchem Fine and Specialty Chemicals Inc., Seadragon, Sophim, and VESTAN. Also, the squalene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.