Indonesia Squalene Market Size & Outlook, 2021-2030
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Indonesia squalene market highlights
- The Indonesia squalene market generated a revenue of USD 0.6 million in 2021 and is expected to reach USD 1.5 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 10.8% from 2022 to 2030.
- In terms of segment, plants was the largest revenue generating source in 2021.
- Synthetic is the most lucrative source segment registering the fastest growth during the forecast period.
Squalene market data book summary
| Market revenue in 2021 | USD 0.6 million |
| Market revenue in 2030 | USD 1.5 million |
| Growth rate | 10.8% (CAGR from 2022 to 2030) |
| Largest segment | Plants |
| Fastest growing segment | Synthetic |
| 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, Indonesia accounted for 0.5% 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 Asia Pacific, China squalene market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 30.7 million by 2030.
Plants was the largest segment with a revenue share of 83.33% in 2021. Horizon Databook has segmented the Indonesia squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Indonesia is one of the emerging squalene market in Asia Pacific. Demand for squalene is seen to be increasing in this region due to growth of end use industries like cosmetic. This owes to increase in disposable income of people along with more awareness among people for skin care, beauty care and hair care products.
The growth of squalene industry is backed by new manufacturers like PT. Sinar Raharja Makmur along with suppliers and distributors in the market. Indonesia is a growing pharmaceutical market and is considered as an important economy in ASEAN region which holds the potential and opportunities for pharmaceutical production and development.
Taking this growth factor of pharmaceutical industry in consideration it can be stated that, there is potential for squalene market in upcoming years in Indonesia.
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Squalene Market Scope
Squalene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Arbe Robotics Ltd | View profile | 137 | 107 HaHashmonaim Street, Yafo, Tel Aviv, Israel | https://www.arberobotics.com |
| Sophim | View profile | 11-50 | Peyruis, Provence-Alpes-Cote d'Azur, France, Europe | http://www.sophim.com/ |
| Amyris | View profile | 1001-5000 | Emeryville, California, United States, North America | http://amyris.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
Indonesia squalene market size, by source, 2018-2030 (US$M)
Indonesia Squalene Market Outlook Share, 2021 & 2030 (US$M)
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