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It is segmented based on source, end-use industry, and geography. The rise in awareness of its health benefits has resulted in the increased demand for squalene. Also, the steady rise in the cosmetics industry and increase in disposable income in developing countries such as China and India are responsible for the increase in demand for squalene in the region. In addition, it is used in health foods, vaccines, and as a high-grade machine lubricant. Based on the source, squalene market is segmented as shark liver, vegetables, and synthetic biotechnology. Vegetable-sourced squalene is expected to be the fastest-growing segment due to its renewable nature, steady availability of raw material, and regulations regarding animal-sourced squalene. Based on the end-use industry, squalene market is segmented as cosmetics, food supplements, and healthcare. Cosmetics industry dominated the squalene market in 2015, owing to the rise in awareness for using high quality products and willingness to pay premium prices for high quality products. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
For the original version including any supplementary images or video, visit http://www.marketwatch.com/story/214-million-squalene-market-by-source-end-use-industry---global-opportunity-analysis-and-industry-forecast-2014-2022---research-and-markets-2017-01-27
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