As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global market for squalene is driven by the growth of the cosmetic industry. Based on source, the vegetable-based squalene, which is derived from olive oil, amaranth oil, wheat germ, and rice bran oil, holds a significant share in the market and is also expected to witness a significant growth in the forecast period owing to the growing availability of olive oil in many countries. Meanwhile, the shark liver-based squalene is projected to witness a sluggish growth owing to the increasing regulations around shark fishing in countries of North America and Europe. Region-wise, the Asia Pacific is anticipated to grow considerably owing to factors like the rising health awareness, changing lifestyle, and rising disposable incomes in the region.
The growing innovations and developments by major players across the industry will contribute significantly to the industry growth. For instance, in October 2020, Amyris Inc (NASDAQ: AMRS), one of the major market players, announced that the company has made efforts to deliver sustainable alternative to shark based squalene adjuvants to reduce killings of sharks and to enable vaccine development for all- including the ones directed at COVID-19. Such developments are expected to enhance the consumption of squalene in the pharmaceutical industry in the coming years.
Market Analysis by Source, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global squalene market are Amyris, Inc., Empresa Figueirense de Pesca, Lda,, Arbee Bio Marine Extracts Pvt Ltd, Sophim, Nucelis, and Gracefruit Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.