Squalene Global Market Research and Analysis – Industry Trends, Report, Demand, Share, Overview, Outlook and Forecast Till 2022
Research Beam study says global squalene market size was valued at $110 million in 2015 and is expected to grow at a CAGR of 10.1% to reach $214 million by 2022, Request Sample Copy @ http://www.researchbeam.com/squalene-market/request-sample
Research Beam added report on “World Squalene Market Overview, Analysis, Demand, Report, Trends, Growth and Research – Squalene Market by Source (Shark Liver, Vegetable, and Synthetic biotechnology), End-Use Industry (Skin Care, Hair Care, Fragrance, Food Supplements, and Healthcare) – Global Opportunity Analysis and Industry Forecast, 2014-2022”
Squalene is an unsaturated hydrocarbon that can be used in various industries, which include cosmetics, nutraceutical, and healthcare. It is found in large quantity in shark liver oil and can be obtained in small quantities from vegetables & synthetic biotechnology.
The other sources of squalene include vegetable sources, such as amaranth seeds, olives, wheat germ, etc. Nowadays, alternatives to shark liver and vegetable sources are also being investigated and biotechnologically squalene can be synthesized by using a yeast, which is selective towards squalene to increase its production. Squalene is naturally produced by all organisms, even humans, where the amount of squalene gradually decreases with age. Squalene is mainly used for its medicinal and pharmacological benefits, such as acting as a chemo-preventive agent, antioxidant, immune system restorer, and much more. The recent research in medical and pharmaceutical industry has paved way to use this for various medical benefits, which is expected to drive the squalene market.
Plants, such as olives also have a high amount of squalene. Olive oil contains the largest percentage among the common vegetable oils. For instance, olive oil has 136-708 mg/100g of squalene. Squalene can be recovered in yields of up to 90% through vegetables. Besides olives, palm oil, amaranth seeds, and wheat germs are also used to produce squalene. Currently, the market share through vegetables is the largest and is on an increase as more and more companies shift toward organic sources to reduce the shark liver oil usage. Olives account for the highest share in the market, while amaranth seeds are also good alternatives to olives. Considering the awareness about environment and ecosystems, various governments have imposed strict rules and regulations on squalene production from shark liver. This is a golden chance to manufacture squalene through vegetable sources.
Top Winning Strategy
Leading players in the global squalene industry have adopted various strategies to achieve additional market share. These key strategies are gathered from press releases, annual reports of market players, and primary calls made to industry experts. Market players profiled in this report are squalene producers and distributors catering to industries, such as cosmetics, healthcare, and nutraceuticals. Key strategies adopted by these players include product launch, joint venture, acquisition, partnership, expansion, and investment.
The above pie chart represents the percentage split of the strategies adopted by the key market players. Product launch and acquisition accounted for 30% of all strategies adopted, while expansion and agreement is the second topmost strategy, accounting for 20% of the overall strategies.
KEY BENEFITS
- This report provides an extensive analysis of the current trends, future estimations, and dynamics from 2014 to 2022 of the global squalene market, which assists to identify the prevailing opportunities.
- Geographically, the market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.
- Exhaustive analysis predicts the applications that are currently used along with the variants that would gain prominence in the future.
- Competitive intelligence of leading manufacturers and distributors in squalene industry highlight the competitive scenario across the geographies.
- Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
- Key market players are profiled and their strategies are analyzed thoroughly, which portrays the competitive outlook.
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