Global Squalene Market size is expected to grow at over USD 240 million by 2022. Strong cosmetic demand mainly from European countries will drive the global squalene market. Major growth is likely to occur from primary applications including moisturizing creams and emollients. Lotions, creams and other cosmetic products requires squalene subject to anti-inflammatory and anti-oxidation characteristics. Avoidance of expensive medication and focus towards healthy lifestyle will boost the business growth.
Vegetable sources will dominate the global squalene market and is predicted to exceed over USD 130 million by 2022. Shark squalene demand was more than nine hundred tons in 2014 and will witness moderate growth subject to the limitations on deep water fishing. Shark liver oil is inexpensive and contains higher amounts as compared to vegetable oil. Implementation of EU regulations coupled with ban on direct fisheries through CCAMLR and North East Atlantic fisheries organization will restrict the shark sacking to certain extent.
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Cosmetic application has the monopoly in the squalene market with over USD 65 million in 2014. Major growth factors lie in daily use products including bath oils, hair preparations, nail products, skin care products, sun tan preparations, with content ranging from 0.1% to 50%. Increasing consumer awareness for healthy lifestyle will boost the demand for dietary supplement application. Dietary supplement market is predicted to grow over 8.5% by 2022 exceeding the capacity of 1.1 kilotons.
U.S. squalene Market is dominating the North America industry with over 600 tons consumption in 2014. The U.S. will witness significant demand for dietary supplement applications among the U.S. consumer base which will boost the industry growth.
Rising per-capita middle class spending capacity for cosmetics products in India and China will fuel the industry growth. Asia Pacific squalene market size will grow significantly at over 9.5% CAGR by 2022. Vegetable sources dominated the regional demand with over USD 11.5 million in 2014.
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Notable industry participants in LNG bunkering industry are Croda, Arista, Amyris, Neulis, Sophim, Kishimoto Special Liver Oil Co., SeaDragon, Carbomer, Aasha Biochem, Empresa Figueirense de Pesca Lda, Coastal Fisheries, Gracefruit and Arbee Fish Oil.
Glimpse of Table of Content (ToC)
Chapter 3 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
188.8.131.52 Growth of cosmetics industry
184.108.40.206 Increase in dietary supplments demand
3.6.2 Industry pitfalls & challenges
220.127.116.11 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
Browse Full TOC @ https://www.gminsights.com/toc/detail/squalene-market
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