Argentina Squalene Market Size & Outlook, 2021-2030
Argentina squalene market, 2018-2030 (US$M)
Related Markets
Argentina squalene market highlights
- The Argentina squalene market generated a revenue of USD 1.7 million in 2021 and is expected to reach USD 3.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.5% from 2022 to 2030.
- In terms of segment, plants was the largest revenue generating source in 2021.
- Plants is the most lucrative source segment registering the fastest growth during the forecast period.
Squalene market data book summary
| Market revenue in 2021 | USD 1.7 million |
| Market revenue in 2030 | USD 3.9 million |
| Growth rate | 9.5% (CAGR from 2021 to 2030) |
| Largest segment | Plants |
| Fastest growing segment | Plants |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal, Plants, Synthetic |
| Key market players worldwide | Amyris, Sophim, Kuraray Co Ltd, Croda International PLC, Arbe Robotics Ltd |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.4% of the global squalene market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil squalene market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 9.2 million by 2030.
Plants was the largest segment with a revenue share of 82.35% in 2021. Horizon Databook has segmented the Argentina squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is a prominent consumer of squalene in Central & South America. The country also contributes significantly to the revenue share of the region in the global market. Food & beverages, nutraceuticals, personal care products & cosmetics, and pharmaceuticals industries are the major end users of squalene in Argentina.
With the developing pharmaceuticals industry in the country, the demand for plant-based squalene is also expected to surge in Argentina in the coming years. Major drivers for the growth of squalene market in Argentina are the flourishing food & beverages, pharmaceuticals, and personal care products & cosmetics industries owing to the rising population, increasing purchasing power of the masses, and ongoing infrastructure development projects in the country.
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Squalene Market Scope
Squalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina squalene market size, by source, 2018-2030 (US$M)
Argentina Squalene Market Outlook Share, 2021 & 2030 (US$M)
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