As per the latest research report by Global Market Insights, Inc, Squalene Market size to cross USD 240 million by 2022. Squalene Market is segmented into various applications like Cosmetics applications and dietary supplements applications. Cosmetics application had monopolized industry demand by contributing $65 million for 2014. Its main product uses include eye makeup, bath oil, body powders, hair preparations, nail items, sun tan preparations, skin care preparations, moisturizing and cleansing with content rangefrom 0.11% to 50.1%. —
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Vegetable sources have led the Squalene market share and are predicted to produce revenues more than $130 million by end of forecast timeframe. It can experience major gains due to restrictions on deep ocean shark fishing. Olive oil is the richest vegetable source for Squalene production. Shark liver oil demand from Squalene industry was estimated to be more than 900 tons for 2014 and is predicted to experience less gains in future.
Taking into consideration the topographical trends, Asia Pacific squalene market is projected to record a CAGR of 9.5% over the period of 2015-2022, driven by the popularity of cosmetic items in countries such as India and China. North America squalene industry is expected to grow notably over the coming years. This is primarily due to the surging demand for food supplements in the U.S.
Europe squalene market revenue is expected to hit USD 110 million by 2022, owing to the rising popularity of naturally derived ingredients used in the production of cosmetics & personal care items. Germany, UK, and France are expected to drive the regional share.
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North America, led by U.S. Squalene market, was predicted to consume more than 600 tons of Squalene for 2014.Dietary supplements are predicted to substantially expand among U.S. customer base and thus trigger its demand in the region.
Key industry players profiled in the squalene market include Amyris Incorporation,Carbomer,Coastal Fisheries,Arbee Fish Oil,Kishimoto Special Liver Oil Company Limited, Nucelis Incorporation,Croda International Plc, Arista Industries, Empresa Figueirense de Pesca Lda, Sophim, Gracefruit Limited, SeaDragon Limited, Tianjin Winning Health Products Company Limited and Aasha Biochem.
Glimpse of Table of Content (ToC)
Chapter 4 Squalene Source Insights
4.1 Squalenemarket volume share by source, 2014 & 2022
4.2 Shark liver
4.2.1 Squalene market estimates and forecast, 2012-2022, (Tons) (USD Million)
4.2.2 Squalene market estimates and forecast, by region, 2012-2022, (Tons) (USD Million)
4.3.1 Squalene market estimates and forecast, 2012-2022, (Tons) (USD Million)
4.3.2 Squalene market estimates and forecast, by region, 2012-2022, (Tons) (USD Million)
4.4 Synthetic biotechnology
4.4.1 Squalene market estimates and forecast, 2012-2022, (Tons) (USD Million)
4.4.2 Squalene market estimates and forecast, by region, 2012-2022, (Tons) (USD Million)
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