Global Squalene Market Size & Outlook, 2021-2030
Global squalene market, 2018-2030 (US$M)
Related Markets
Global squalene market highlights
- The global squalene market generated a revenue of USD 121.5 million in 2021 and is expected to reach USD 307.9 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 10.9% by 2030.
- In terms of segment, plants accounted for a revenue of USD 100.0 million in 2021.
- Plants is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2021.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 121.5 million |
| Market revenue in 2030 | USD 307.9 million |
| Growth rate | 10.9% (CAGR from 2021 to 2030) |
| Largest segment | Plants |
| Fastest growing segment | Plants |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal, Plants, Synthetic |
Other key industry trends
- In terms of revenue, the North America accounted for 24.1% of the global squalene market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 7.1 million by 2030.
Plants was the largest segment with a revenue share of 82.3% in 2021. Horizon Databook has segmented the Global squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Squalene is a lipid or fat produced naturally by human oil glands to moisturize and maintain the skin s barrier. While humans produce squalene naturally in their bodies, the content of squalene decreases dramatically after the age of 25.
Squalene is utilized by the human system to create hormones, vitamin D, and cholesterol, and it also plays a part in a variety of other bodily functions. It is also used as a therapeutic component in the treatment of different types of cancer. It is used in anticancer drugs during chemotherapy sessions. Various research & development activities are underway focusing on the anti-cancer properties of squalene. However, no human trials have been conducted to verify its role in cancer therapy.
With its antioxidant and anti-aging characteristics, squalene supplements can restore our skin, maintain cholesterol levels, and help treat inflammation. It provides cells with the oxygen they require for proper metabolism and energy production at the cellular level. Squalene supplements are also known to combat viruses, colds, and infections, thus, improving overall health and well-being.
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Squalene Market Scope
Squalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global squalene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Squalene market size, 2021 (US$M)
Global squalene market share, by source, 2021 & 2030 (%, US$M)
Squalene market: Opportunity assessment by country
Global squalene market, by region, 2021 (US$M)
Related regional statistics
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