Portugal Squalene Market Size & Outlook, 2021-2030
Portugal squalene market, 2018-2030 (US$M)
Related Markets
Portugal squalene market highlights
- The Portugal squalene market generated a revenue of USD 0.4 million in 2021 and is expected to reach USD 1.1 million by 2030.
- The Portugal market is expected to grow at a CAGR of 11.2% 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.
Squalene market data book summary
| Market revenue in 2021 | USD 0.4 million |
| Market revenue in 2030 | USD 1.1 million |
| Growth rate | 11.2% (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, Portugal accounted for 0.3% 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 100% in 2021. Horizon Databook has segmented the Portugal squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
In Portugal, plant-based squalene is consumed more than animal-based squalene and synthetic squalene owing to its various benefits such as prevention of strokes and protection against heart diseases.
This squalene also has an antioxidant effect and contains healthy monounsaturated fats that help in weight reduction. The demand for sharks from Portugal for the extraction of shark liver oil-based squalene has resulted in a decline in the overall shark population in the country.
Additionally, rising awareness regarding the benefits of squalene and surging requirement of consumers to maintain a healthy lifestyle are increasing the consumption of plant-based and synthetically derived squalene in Portugal.
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Squalene Market Scope
Squalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Portugal squalene market size, by source, 2018-2030 (US$M)
Portugal Squalene Market Outlook Share, 2021 & 2030 (US$M)
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