Latin America Squalene Market Size & Outlook, 2021-2030

The squalene market in Latin America is expected to reach a projected revenue of US$ 20.4 million by 2030. A compound annual growth rate of 9.3% is expected of Latin America squalene market from 2022 to 2030.
Revenue, 2021 (US$M)
$9.1
Forecast, 2030 (US$M)
$20.4
CAGR, 2022 - 2030
9.4%
Report Coverage
Latin America

Latin America squalene market highlights

  • The Latin America squalene market generated a revenue of USD 9.1 million in 2021.
  • The market is expected to grow at a CAGR of 9.3% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.

Latin America data book summary

Market revenue in 2021USD 9.1 million
Market revenue in 2030USD 20.4 million
Growth rate9.3% (CAGR from 2021 to 2030)
Largest segmentPlants
Fastest growing segmentPlants
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnimal, Plants, Synthetic
Key market players worldwideAmyris, Sophim, Kuraray Co Ltd, Croda International PLC, Arbe Robotics Ltd

Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.5% of the global squalene market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 107.7 million by 2030.

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Latin America squalene market size, by country, 2018-2030 (US$M)

Latin America Squalene Market Outlook Share, 2021 & 2030 (US$M)

Latin America squalene market size, by country, 2018-2030 (US$M)

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