According to a recently published analysis on the plant-based squalene industry, the global market grew 1.5% year over year (YoY) to reach US$ 82.4 million by the end of 2021. Nonetheless, an 8.5% CAGR increase in global demand for plant-based squalene is anticipated between 2022 and 2032.
The increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare systems. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Plant-based Squalene Market devices are soaring rapidly. The Demand analysis of the Plant-based Squalene Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of the Plant-based Squalene Market across the globe.
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A comprehensive estimate of the Plant-based Squalene Market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of the Plant-based Squalene Market during the forecast period. Price point comparison by region with the global average price is also considered in the study. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Plant-based Squalene Market.
Key stakeholders in the Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities. The Market survey of the Plant-based Squalene Market offers a comprehensive analysis of diverse features, including production capacities analysis of the Plant-based Squalene Market, demand, product developments, revenue generation, and Size of the Plant-based Squalene Market across the globe.
Key Companies Profiled
• ARISTA INDUSTRIES
• Caribbean Natural Products Inc.
• Charkit Chemical Company LLC
• EPF Biotek
• Jedwards International, Inc.
• The Ordinary
• Wilshire Technologies
Amyris, Arista Industries, Caribbean Natural Products Inc., Charkit Chemical Company LLC, Clariant, EPF Biotek, Jedwards International, Lotioncrafter, Nucelis, Spohim, SynShark, The Ordinary, and Wilshire Technologies are leading manufacturers of plant-based squalene.
A boost in R&D efforts has increased the number of end-use industries where squalene find usages. For instance, research has indicated that diets fortified with squalene improve the function of the immune system. Additionally, research in labs has demonstrated that squalene improves macrophage performance.
Fact.MR has given in-depth information about the various strategies used by the players in the plant-based squalene market, along with detailed sales analysis of plant-based squalene, top plant-based squalene manufacturers, top powder/liquid plant-based squalene suppliers, including SWOT analysis and sales generated by top plant-based squalene manufacturers positioned across geographies.
𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝
• By Form :
• Powder Plant-based Squalene
• Liquid Plant-based Squalene
• By Source :
• Olive Oil
• By End Use :
• Personal Care & Cosmetics
• Food Supplements
• By Region :
• North America
• Latin America
• East Asia
• South-East Asia & Oceania
• Middle East & Africa
Why is Application of Plant-based Squalene Highest in Cosmetics?
The personal care & cosmetics industry in developing regions has remained the flag-bearer in terms of overall sales in the market. Due to rising consumer knowledge and increased purchasing power on natural personal care and cosmetics, cosmetics end use is expected to dominate this market.
Squalene is a common ingredient in face creams, moisturisers, and anti-ageing products due to its extensive benefits for skincare. Because squalene is high in omega 2 and has anti-inflammatory, detoxifying, moisturising, and antioxidant properties, it is widely used in cosmetics such as lotions, creams, ointments, lipsticks, and others.