The global squalene industry generated $114.5 million in 2020, and is estimated to reach $241.6 million by 2030, witnessing a CAGR of 7.8% from 2021 to 2030.  

The squalene market is experiencing robust growth due to rising demand in cosmetics and pharmaceuticals for its moisturizing and anti-aging properties. Increased awareness of natural and sustainable ingredients is driving market expansion. Additionally, innovations in extraction techniques and applications are broadening its industry uses. 

Access Full Summary Report: https://www.alliedmarketresearch.com/squalene-market 

Allied Market Research published a report, titled, "Squalene Market by Source (Animal, Vegetable, and Synthetic Biotechnology), End Use Industry (Cosmetics, Nutraceuticals, and Healthcare): Global Opportunity Analysis and Industry Forecast, 2021–2030." Squalene is a colorless, oily triterpene hydrocarbon that is found in many animals and plants, including sharks, olives, and sugarcane. 

Drivers, Restraints, and Opportunities: 

Rise of the cosmetics industry, surge in value and potential of dietary supplements, and usage of squalene as a chemo-preventive agent drive the growth of the global squalene market. However, stringent government rules and regulations restrain the market growth. On the other hand, usage as an anti-oxidant and immune system support present new opportunities in the coming years. 

Leading Market Players 

• Amyris, Inc. 

• Arista Industries Inc. 

• Empresa Figueirense De Pesca, Lda 

• Gracefruit Limited 

• Kshimoto Special Liver Oil Co., Ltd. 

• New Zealand Green Health Ltd. 

• Nucelis LLC 

• Otto Chemie Pvt. Ltd. 

• Seadragon Marine Oils Limited 

• Sophim Iberia S.L.