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Squalene Market Analysis Report and Opportunities Upto 2022.

09-07-2017 01:37 PM CET | Fashion, Lifestyle, Trends

Press release from: Global Market Insights, Inc

MEA squalene market size, by application, 2014

MEA squalene market size, by application, 2014

Squalene market is segmented into various applications like Cosmetics applications and dietary supplements applications.

Global Squalene Market size is predicted to surpass 5,300 tons by end of 2022 and register CAGR of more than 9% during forecast period. Strong cosmetics demand from major European nations like UK, Germany, Italy and France are predicted to promote the industry growth. The revenue for the industry is predicted to come from key applications like emollients, anti-ageing and moisturizing creams.

Historically, Squalene demand was fulfilled through shark liver oil, which led to dwindling shark species number. This raised concerns among environment protection groups, wild life protection groups and regulatory agencies to restrict deep ocean shark fishing. This aspect has hindered the consumption of Squalene by more than 50% in past few years and has inhibited industry growth.

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Squalene industry size in the dietary supplements sector is forecast to expand at the rate of 8.5% over the period of 2015-2022. The expansion can be attributed to the growing health consciousness among the consumers coupled with their requirement for cost-effective medical treatment.

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 industry 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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Synthetic, shark liver, and vegetables are few of the major sources from which squalene is derived. Vegetable sources witnessed the maximum demand in APAC, having contributed to a revenue of nearly USD 11.5 million in 2014. The development can be credited to rising restrictions on deep water hunting of sharks for squalene, subject to which squalene market from vegetable sources will accrue more than USD 130 million by 2022. Synthetic squalene industry is predicted to witness significant gains over the next few years.

Squalene Industry Insights
3.1 Industry Segmentation
3.2 Industry Size and forecast, 2012- 2022
3.3 Industry ecosystem analysis
3.3.1 Vendor Landscape
3.4 Innovation & sustainability
3.5 Regulatory landscape
3.6 Industry Impact forces
3.6.1 Growth drivers
3.6.1.1 Growth of cosmetics industry
3.6.1.2 Increase in dietary supplments demand
3.6.2 Industry pitfalls & challenges
3.6.2.1 Shark killing concerns and fishing imitations
3.7 Growth potential analysis
3.7.1 Farnesene derived squalene by Amyris recreating demand
3.8 Porter’s analysis
3.9 PESTEL analysis

View a summary of the “Squalene Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/squalene-market

Key industry players profiled in the report 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.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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