Germany Squalene Market Size & Outlook, 2021-2030
Germany squalene market, 2018-2030 (US$M)
Related Markets
Germany squalene market highlights
- The Germany squalene market generated a revenue of USD 8.4 million in 2021 and is expected to reach USD 20.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.4% 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 8.4 million |
| Market revenue in 2030 | USD 20.4 million |
| Growth rate | 10.4% (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, Germany accounted for 6.9% 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 Europe, Germany squalene market is projected to lead the regional market in terms of revenue in 2030.
- Portugal is the fastest growing regional market in Europe and is projected to reach USD 1.1 million by 2030.
Plants was the largest segment with a revenue share of 84.52% in 2021. Horizon Databook has segmented the Germany squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Germany accounted for the largest share of 18.20% of squalene market in terms of volume in Europe in 2021. Plant-based squalene contributes a share of 84.60% in terms of volume to the overall production of squalene in Germany in the same year.
All plant-based sources of squalene, including olive oil and amaranth oil dominated the market in the country in 2021. Germany imported approximately 85 tons of olive oil in 2020 owing to increasing demand for it from health–conscious consumers and surging usage of plant-based squalene in various enduse industries such as personal care products & cosmetics, nutraceuticals, and pharmaceuticals.
Companies such as L’Oréal in Germany have switched from the usage of animal-derived squalene to plant-derived squalene in their products.
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Squalene Market Scope
Squalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany squalene market size, by source, 2018-2030 (US$M)
Germany Squalene Market Outlook Share, 2021 & 2030 (US$M)
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