According to a market report by Lucintel, the future of the squalene market looks promising with opportunities in the cosmetics, food, and pharmaceuticals industries. The squalene market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are growing demand of squalene due to its beneficial properties on human health and growth in the cosmetic and pharmaceutical industries.
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In this market, animal-sourced and vegetable-sourced are the major product type of squalene market.
Within the squalene market, cosmetics, food, and pharmaceuticals are the major end use industries. Cosmetic is the largest end use segment for squalene.
Europe will remain the largest market over the forecast period due to the growth of various end use industries.
SeaDragon Marine Oils Limited, Amyris, Maruha Nichiro Corporation, Sophim, Kishimoto Special Liver Oil Co. Ltd., Empresa Figueirense De Pesca, Nucelis LLC, Arista Industries Inc., Ekiz Olive Oil & Soap Inc., and New Zealand Green Health Ltd. are among the major manufacturers of squalene.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the squalene market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled "Squalene Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the squalene market by product type, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Animal-sourced
Vegetable-sourced
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Cosmetics
Food
Pharmaceuticals
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/global-squalene-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.