Middle East & Africa Squalene Market Size & Outlook

The squalene market in Middle East & Africa is expected to reach a projected revenue of US$ 13.5 million by 2030. A compound annual growth rate of 9.2% is expected of Middle East & Africa squalene market from 2022 to 2030.
Revenue, 2021 (US$M)
$6.1
Forecast, 2030 (US$M)
$13.5
CAGR, 2022 - 2030
9.2%
Report Coverage
Middle East & Africa

MEA squalene market highlights

  • The MEA squalene market generated a revenue of USD 6.1 million in 2021.
  • The market is expected to grow at a CAGR of 9.2% 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, South Africa is expected to register the highest CAGR from 2022 to 2030.

MEA data book summary

Market revenue in 2021USD 6.1 million
Market revenue in 2030USD 13.5 million
Growth rate9.2% (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, MEA region accounted for 5.1% 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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Squalene Market Companies

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

Middle East & Africa Squalene Market Outlook Share, 2021 & 2030 (US$M)

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

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