Plant-based Squalene Market

Plant-based Squalene Market Analysis By Form (Powder Plant-based Squalene & Liquid Plant-based Squalene) By Source (Sugarcane, Olive Oil, Corn & Amaranth) By End-Use and By Region – Global Insights 2022 to 2032

Analysis of Plant-based Squalene market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Plant-based Squalene Market Outlook (2022 to 2032)

Newly-released report on the plant-based squalene market reveals that the global market experienced year-on-year (YoY) growth of 1.5% to reach US$ 82.4 million at the end of 2021. However, between 2022 and 2032, worldwide demand for plant-based squalene is expected to surge at 8.5% CAGR.

Liquid plant-based squalene sales increased 1.8% to reach US$ 47.6 million in 2021, while demand for plant-based squalene from the personal care & cosmetics industry was up 2.2% and reached US$ 48.6 million.

Report Attributes Details
Plant-based Squalene Market size (2021A) US$ 82.4 Million
Estimated Market Value (2022E) US$ 89.1 Million
Forecasted Market Value (2032F) US$ 202.1 Million
Global Market Growth Rate (2022 to 2032) 8.5% CAGR
North America Market Share (2021) ~19.2%
North America Market Growth Rate (2022 to 2032) 8.9% CAGR
U.S. Market Growth Rate (2022 to 2032) 9.2% CAGR
Market Share of Top 5 Companies ~34%
Key Companies Profiled Amyris; ARISTA INDUSTRIES; Caribbean Natural Products Inc.; Charkit Chemical Company LLC; Clariant; EPF Biotek; Jedwards International, Inc.; Lotioncrafter; Nucelis; Spohim; SynShark; The Ordinary; Wilshire Technologies

As per the research report by Fact.MR, the global plant-based squalene market value is set to touch US$ 202.1 million by 2032.

Plant-based squalane is a bioidentical hydrator that is mostly made from sustainably grown sugarcane and is a molecular match for the moisture that is already present in human skin. Sourcing from plants helps preserve 2 million sharks annually, which were previously poached for their squalene-enriched livers.

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Sales Analysis of Plant-based Squalene (2017 to 2021) Vs. Market Outlook (2022 to 2032)

According to the latest market study by Fact.MR, a market research and competitive intelligence provider, the market value for plant-based squalene increased at a CAGR of 2.9% between 2017 and 2021.

The principal uses of plant-based squalene, such as anti-ageing and moisturising creams and emollients, are most likely to see revenue increase. Lotions, creams, ointments, and lipsticks are frequently sought-after for their anti-inflammatory and anti-oxidant properties.

When compared to other vegetable sources, shark liver oil contains the largest quantity of squalene - 30% - and has historically catered to a majority of the market's needs. Numerous regulatory and environmental organisations are calling for a restriction on deep ocean fishing due to excessive shark killing for their liver oil. Over the previous ten years, this has resulted in greater than 60% decrease in global consumption.

  • Short Term (2022 to 2025): Rising concerns related to sharks becoming extinct to prove beneficial for plant-based squalene producers.
  • Medium Term (2025 to 2028): Asia Pacific anticipated to witness high demand due to growing cosmetics sector and rising per capita expenditure on cosmetics manufactured using sustainably-sourced ingredients.
  • Long Term (2028 to 2032): Price stabilization to remain focus of manufacturers. Besides, increase in use of plant-based squalene for keeping the skin moisturized and having commercially replaced shark liver-derived squalene to augment sales.

Overall, demand for plant-based squalene for use across diverse end-use verticals such as personal care & cosmetics, food supplements, and pharmaceuticals is poised to surge and create an absolute dollar opportunity of US$ 119.7 million by 2032.

Which Factors are Leading to High Demand for Plant-based Squalene?

“Concerns Raised by Marine Animal Protection Authorities to Positively Impact Plant-based Squalene Sales”

Since shark fin oil is the main source of squalene, the supply of this substance has been restricted due to legislation aimed at protecting marine life. The International Trade of Endangered Species reported that approximately five species of sharks are in danger of going extinct. This is anticipated to significantly reduce squalene supply, which will limit shark-derived squalene in the short term.

However, at a macro-economic level, it is expected to act as a driver for the plant-based squalene market as manufacturers have started to look for alternatives such as sugarcane and olive oil, which have become the most vital sources of extracting squalene in recent times.

“Rising Demand for Cosmetic Products Manufactured Using Sustainably-sourced Ingredients”

Demand for various cosmetic goods has increased as a result of increased awareness of hygiene and personal grooming practices. Squalene is widely used in the production of creams and lotions to improve their spreadability and absorption. This serves as one of the major catalysts for the squalene market's expansion.

Consumers have started preferring products that are manufactured using sustainably-sourced ingredients. They are also willing to pay a premium price when it comes to product suitability and meeting their custom skin care needs.

“Escalating Usage of Nutraceuticals in Aftermath of COVID”

Due to its potential to lower cholesterol levels, normalise plasma sterol levels, and boost general immunity, squalene supplementation has also demonstrated favourable effects in people. Squalene's use in nutraceuticals has increased as a result of this, and is propelling squalene market expansion.

Moreover, to treat leukaemia, avoid radiation sickness from Cancer X-ray therapy, and treat common cold, flu, and swine flu, squalene has been used in common cancer medications in recent times. Owing to this, pharmaceutical applications have emerged as one of the fastest-growing end uses in recent times.

As such, plant-based squalene demand for use in food supplements is set to increase at a CAGR of 8.5% from 2022 to 2032.

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Country-Wise Analysis

Will High Regards for Animal Care Drive the U.S. Plant-based Squalene Market?

The U.S. continues to be the world's largest consumer of plant-based squalene cosmetics and personal care products, with a market value of US$ 88 billion projected by 2022-end.

The U.S. continues to remain a vital consumer of squalene as people have historically been very active in adopting lifestyle changes and moving away from goods that harm animals during the manufacturing process.

This is anticipated to lead to an increase in demand for shampoos and conditioners from U.S. consumers, who now spend between US$ 240 and US$ 360 annually on cosmetic products. In addition, growing knowledge about the product's detoxifying, moisturising, and emollient properties is set to drive industry growth in the years to come.

Major firms in the cosmetics and personal care industries, including Elizabeth Arden, L’Oréal, Avon, Estee Lauder, Johnson & Johnson, Proctor & Gamble, and Mary Kay, will also drive demand for the product due to its antibacterial qualities. Moreover, the ever-growing pharmaceutical industry in the country continues to find newer use cases for plant-based squalene across diverse end-usage across the country.

Will the China Plant-based Squalene Market be Lucrative for Manufacturers?

The personal care and food sectors are growing rapidly in the Asia Pacific region, with China leading from the front. Squalene's anti-ageing, anti-oxidation, UV protection, and immunity-boosting characteristics, among other things, are anticipated to spur its usage in these end-use sectors.

Squalene is utilised as a food supplement in the food business, and market growth is predicted to be driven by the expansion of the food sector in China. Demand for squalene is anticipated to be boosted by the quick expansion of the food processing sector in China and other Asian countries.

The Chinese food and beverage market was estimated at US$ 98 billion in 2021. At a CAGR of 15%-18%, it is predicted to easily cross US$ 202 billion by 2025-end.

Besides, China’s pharmaceutical sector has been experiencing exponential growth in the aftermath of the pandemic, and, in turn, is poised to boost the demand for squalene being used in common cancer drugs across the country.

Category-Wise Analysis

Why is Application of Plant-based Squalene Highest in Cosmetics?

The personal care & cosmetics industry in developing regions has remained the flag-bearer in terms of overall sales in the market. Due to rising consumer knowledge and increased purchasing power on natural personal care and cosmetics, cosmetics end use is expected to dominate this market.

Squalene is a common ingredient in face creams, moisturisers, and anti-ageing products due to its extensive benefits for skincare. Because squalene is high in omega 2 and has anti-inflammatory, detoxifying, moisturising, and antioxidant properties, it is widely used in cosmetics such as lotions, creams, ointments, lipsticks, and others.

Demand increase of squalene will be fueled by customers' rising demand for natural components, particularly those derived from plants, in personal care and cosmetic goods due to the negative consequences of petrochemical-based cosmetics.

The squalene market is anticipated to experience growth, especially due to rising demand from the cosmetics and personal care industries in China and India as well as the expanding use of squalene in bath oils, eye makeup, suntan, nail products, body powders, cleansing, and moisturising, among other products.

Which Source Has Emerged As the Go-to Alternative Squalene Manufacturers?

Due to the restrictions being imposed by marine animal protection agencies, shark liver dependence on squalene manufacturing has gone down by quite a bit. However, to meet the growing need for squalene-based cosmetics products, manufacturers have started to use sugarcane and olive oil for extracting squalene.

Out of the sources considered in the scope, manufacturers have preferred using sugarcane as a viable source of extracting squalene, due to its easier availability across geographies over olive oil, which is comparatively available at a higher price in developing countries.

Owing to this, demand for sugarcane-derived squalene is anticipated to surge at a high CAGR of 9.1% to reach a value of US$ 69.8 million by 2032.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competition Landscape

Amyris, Arista Industries, Caribbean Natural Products Inc., Charkit Chemical Company LLC, Clariant, EPF Biotek, Jedwards International, Lotioncrafter, Nucelis, Spohim, SynShark, The Ordinary, and Wilshire Technologies are leading manufacturers of plant-based squalene.

A boost in R&D efforts has increased the number of end-use industries where squalene find usages. For instance, research has indicated that diets fortified with squalene improve the function of the immune system. Additionally, research in labs has demonstrated that squalene improves macrophage performance.

Fact.MR has given in-depth information about the various strategies used by the players in the plant-based squalene market, along with detailed sales analysis of plant-based squalene, top plant-based squalene manufacturers, top powder/liquid plant-based squalene suppliers, including SWOT analysis and sales generated by top plant-based squalene manufacturers positioned across geographies.

Segmentation of Plant-based Squalene Industry Research

  • By Form :

    • Powder Plant-based Squalene
    • Liquid Plant-based Squalene
  • By Source :

    • Sugarcane
    • Olive Oil
    • Corn
    • Amaranth
    • Others
  • By End Use :

    • Pharmaceuticals
    • Personal Care & Cosmetics
    • Food Supplements
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South-East Asia & Oceania
    • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Introduction & Coverage
  • 3. Market Background and Foundation Data Points
  • 4. Global Demand (Tons) Analysis and Forecast
  • 5. Global - Pricing Analysis
  • 6. Global Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast
  • 7. Global Market Analysis and Forecast, By Form
    • 7.1. Powder
    • 7.2. Liquid
  • 8. Global Market Analysis and Forecast, By Source
    • 8.1. Sugarcane
    • 8.2. Olive oil
    • 8.3. Corn
    • 8.4. Amaranth
    • 8.5. Others
  • 9. Global Market Analysis and Forecast, By End-Use
    • 9.1. Pharmaceuticals
    • 9.2. Personal Care & Cosmetics
    • 9.3. Food Supplements
    • 9.4. Others
  • 10. Global Market Analysis and Forecast, By Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Europe
    • 10.4. East Asia
    • 10.5. South Asia & Oceania
    • 10.6. Middle East & Africa
  • 11. North America Market Analysis and Forecast
  • 12. Latin America Market Analysis and Forecast
  • 13. Europe Market Analysis and Forecast
  • 14. East Asia Market Analysis and Forecast
  • 15. South Asia & Oceania Market Analysis and Forecast
  • 16. Middle East & Africa Market Analysis and Forecast
  • 17. Country-level Market Analysis and Forecast
  • 18. Market Structure Analysis
  • 19. Competition Analysis
    • 19.1. Amyris
    • 19.2. ARISTA INDUSTRIES
    • 19.3. Caribbean Natural Products Inc.
    • 19.4. Charkit Chemical Company LLC
    • 19.5. Clariant
    • 19.6. EPF Biotek
    • 19.7. Jedwards International, Inc.
    • 19.8. Lotioncrafter
    • 19.9. Nucelis
    • 19.10. Olive based squalene
    • 19.11. Spohim
    • 19.12. SynShark
    • 19.13. The Ordinary
    • 19.14. Tidesmark.Com
    • 19.15. Wilshire Technologies
    • 19.16. Other Players
    • 19.17. (*On Additional Request)
  • 20. Assumptions & Acronyms Used
  • 21. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Million) Analysis and Forecast By Region, 2017 to 2032

Table 02: Global Market Volume (Tons) Analysis and Forecast By Region, 2017 to 2032

Table 03: Global Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 04: Global Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 05: Global Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 06: Global Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 07: Global Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 08: Global Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 09: North America Market Value (US$ Million) Analysis and Forecast By Country, 2017 to 2032

Table 10: North America Market Volume (Tons) Analysis and Forecast By Country, 2017 to 2032

Table 11: North America Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 12: North America Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 13: North America Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 14: North America Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 15: North America Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 16: North America Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 17: Latin America Market Value (US$ Million) Analysis and Forecast By Country, 2017 to 2032

Table 18: Latin America Market Volume (Tons) Analysis and Forecast By Country, 2017 to 2032

Table 19: Latin America Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 20: Latin America Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 21: Latin America Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 22: Latin America Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 23: Latin America Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 24: Latin America Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 25: Europe Market Value (US$ Million) Analysis and Forecast By Country, 2017 to 2032

Table 26: Europe Market Volume (Tons) Analysis and Forecast By Country, 2017 to 2032

Table 27: Europe Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 28: Europe Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 29: Europe Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 30: Europe Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 31: Europe Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 32: Europe Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 33: East Asia Market Value (US$ Million) Analysis and Forecast By Country, 2017 to 2032

Table 34: East Asia Market Volume (Tons) Analysis and Forecast By Country, 2017 to 2032

Table 35: East Asia Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 36: East Asia Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 37: East Asia Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 38: East Asia Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 39: East Asia Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 40: East Asia Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 41: South Asia & Oceania Market Value (US$ Million) Analysis and Forecast By Country, 2017 to 2032

Table 42: South Asia & Oceania Market Volume (Tons) Analysis and Forecast By Country, 2017 to 2032

Table 43: South Asia & Oceania Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 44: South Asia & Oceania Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 45: South Asia & Oceania Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 46: South Asia & Oceania Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 47: South Asia & Oceania Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 48: South Asia & Oceania Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 49: Middle East & Africa Market Value (US$ Million) Analysis and Forecast By Country, 2017 to 2032

Table 50: Middle East & Africa Market Volume (Tons) Analysis and Forecast By Country, 2017 to 2032

Table 51: Middle East & Africa Market Value (US$ Million) Analysis and Forecast By Form, 2017 to 2032

Table 52: Middle East & Africa Market Volume (Tons) Analysis and Forecast By Form, 2017 to 2032

Table 53: Middle East & Africa Market Value (US$ Million) Analysis and Forecast By Source, 2017 to 2032

Table 54: Middle East & Africa Market Volume (Tons) Analysis and Forecast By Source, 2017 to 2032

Table 55: Middle East & Africa Market Value (US$ Million) Analysis and Forecast By End-Use, 2017 to 2032

Table 56: Middle East & Africa Market Volume (Tons) Analysis and Forecast By End-Use, 2017 to 2032

Table 57: US Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 58: US Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 59: Canada Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 60: Canada Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 61: Germany Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 62: Germany Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 63: Italy Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 64: Italy Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 65: U.K. Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 66: U.K. Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 67: France Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 68: France Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 69: China Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 70: China Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 71: South Korea Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 72: South Korea Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 73: India Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 74: India Market Volume (Tons) Analysis and Forecast, 2017 to 2032

Table 75: GCC Market Value (US$ Million) Analysis and Forecast, 2017 to 2032

Table 76: GCC Market Volume (Tons) Analysis and Forecast, 2017 to 2032

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List Of Figures

Figure 01. Global Market Volume (Tons) and Value (US$ Mn) Analysis, 2022 and 2032

Figure 02. Global Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 03. Global Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 04. Global Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 05. Global Market Incremental $ Opportunity, 2021 to 2032

Figure 06. Global Market Volume Analysis By Form (2022 E)

Figure 07. Global Market Volume Analysis By Form (2032 F)

Figure 08. Global Market Share By Form - 2022 & 2032

Figure 09. Global Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 10. Global Market Attractiveness Analysis By Form, 2022 to 2032

Figure 11. Global Market Volume Analysis By Source (2022 E)

Figure 12. Global Market Volume Analysis By Source (2032 F)

Figure 13. Global Market Share By Source - 2022 & 2032

Figure 14. Global Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 15. Global Market Attractiveness Analysis By Source, 2022 to 2032

Figure 16. Global Market Volume Analysis By End-use (2022 E)

Figure 17. Global Market Volume Analysis By End-use (2032 F)

Figure 18. Global Market Share By End-use - 2022 & 2032

Figure 19. Global Market Y-o-Y Growth Projections By End-use, 2022 to 2032

Figure 20. Global Market Attractiveness Analysis By End-use, 2022 to 2032

Figure 21. Global Market Volume Analysis By Region (2022 E)

Figure 22. Global Market Volume Analysis By Region (2032 F)

Figure 23. Global Market Share Analysis By Region - 2022 & 2032

Figure 24. Global Market Y-o-Y Growth Projections By Region, 2022 to 2032

Figure 25. Global Market Attractiveness Analysis By Region, 2022 to 2032

Figure 26. North America Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 27. North America Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 28. North America Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 29. North America Market Incremental $ Opportunity, 2022 to 2032

Figure 30. North America Market Share By Form - 2022 & 2032

Figure 31. North America Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 32. North America Market Attractiveness Analysis By Form, 2022 to 2032

Figure 33. North America Market Share By Source - 2022 & 2032

Figure 34. North America Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 35. North America Market Attractiveness Analysis By Source, 2022 to 2032

Figure 36. North America Market Share By End-Use- 2022 & 2032

Figure 37. North America Market Y-o-Y Growth Projections By End-Use, 2022 to 2032

Figure 38. North America Market Attractiveness Analysis By End-Use, 2022 to 2032

Figure 39. North America Market Share By Country- 2022 & 2032

Figure 40. North America Market Y-o-Y Growth Projections By Country, 2022 to 2032

Figure 41. North America Market Attractiveness Analysis By Country, 2022 to 2032

Figure 42. Latin America Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 43. Latin America Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 44. Latin America Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 45. Latin America Market Incremental $ Opportunity, 2022 to 2032

Figure 46. Latin America Market Share By Form - 2022 & 2032

Figure 47. Latin America Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 48. Latin America Market Attractiveness Analysis By Form, 2022 to 2032

Figure 49. Latin America Market Share By Source - 2022 & 2032

Figure 50. Latin America Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 51. Latin America Market Attractiveness Analysis By Source, 2022 to 2032

Figure 52. Latin America Market Share By End-Use- 2022 & 2032

Figure 53. Latin America Market Y-o-Y Growth Projections By End-Use, 2022 to 2032

Figure 54. Latin America Market Attractiveness Analysis By End-Use, 2022 to 2032

Figure 55. Latin America Market Share By Country- 2022 & 2032

Figure 56. Latin America Market Y-o-Y Growth Projections By Country, 2022 to 2032

Figure 57. Latin America Market Attractiveness Analysis By Country, 2022 to 2032

Figure 58. Europe Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 59. Europe Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 60. Europe Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 61. Europe Market Incremental $ Opportunity, 2022 to 2032

Figure 62. Europe Market Share By Form - 2022 & 2032

Figure 63. Europe Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 64. Europe Market Attractiveness Analysis By Form, 2022 to 2032

Figure 65. Europe Market Share By Source - 2022 & 2032

Figure 66. Europe Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 67. Europe Market Attractiveness Analysis By Source, 2022 to 2032

Figure 68. Europe Market Share By End-Use- 2022 & 2032

Figure 69. Europe Market Y-o-Y Growth Projections By End-Use, 2022 to 2032

Figure 70. Europe Market Attractiveness Analysis By End-Use, 2022 to 2032

Figure 71. Europe Market Share By Country- 2022 & 2032

Figure 72. Europe Market Y-o-Y Growth Projections By Country, 2022 to 2032

Figure 73. Europe Market Attractiveness Analysis By Country, 2022 to 2032

Figure 74. East Asia Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 75. East Asia Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 76. East Asia Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 77. East Asia Market Incremental $ Opportunity, 2022 to 2032

Figure 78. East Asia Market Share By Form - 2022 & 2032

Figure 79. East Asia Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 80. East Asia Market Attractiveness Analysis By Form, 2022 to 2032

Figure 81. East Asia Market Share By Source - 2022 & 2032

Figure 82. East Asia Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 83. East Asia Market Attractiveness Analysis By Source, 2022 to 2032

Figure 84. East Asia Market Share By End-Use- 2022 & 2032

Figure 85. East Asia Market Y-o-Y Growth Projections By End-Use, 2022 to 2032

Figure 86. East Asia Market Attractiveness Analysis By End-Use, 2022 to 2032

Figure 87. East Asia Market Share By Country- 2022 & 2032

Figure 88. East Asia Market Y-o-Y Growth Projections By Country, 2022 to 2032

Figure 89. East Asia Market Attractiveness Analysis By Country, 2022 to 2032

Figure 90. SAO Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 91. SAO Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 92. SAO Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 93. SAO Market Incremental $ Opportunity, 2022 to 2032

Figure 94. SAO Market Share By Form - 2022 & 2032

Figure 95. SAO Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 96. SAO Market Attractiveness Analysis By Form, 2022 to 2032

Figure 97. SAO Market Share By Source - 2022 & 2032

Figure 98. SAO Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 99. SAO Market Attractiveness Analysis By Source, 2022 to 2032

Figure 100. SAO Market Share By End-Use- 2022 & 2032

Figure 101. SAO Market Y-o-Y Growth Projections By End-Use, 2022 to 2032

Figure 102. SAO Market Attractiveness Analysis By End-Use, 2022 to 2032

Figure 103. SAO Market Share By Country- 2022 & 2032

Figure 104. SAO Market Y-o-Y Growth Projections By Country, 2022 to 2032

Figure 105. SAO Market Attractiveness Analysis By Country, 2022 to 2032

Figure 106. MEA Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2017 to 2021

Figure 107. MEA Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 108. MEA Market Value Y-o-Y Growth Analysis and Forecast, 2018 to 2032

Figure 109. MEA Market Incremental $ Opportunity, 2022 to 2032

Figure 110. MEA Market Share By Form - 2022 & 2032

Figure 111. MEA Market Y-o-Y Growth Projections By Form, 2022 to 2032

Figure 112. MEA Market Attractiveness Analysis By Form, 2022 to 2032

Figure 113. MEA Market Share By Source - 2022 & 2032

Figure 114. MEA Market Y-o-Y Growth Projections By Source, 2022 to 2032

Figure 115. MEA Market Attractiveness Analysis By Source, 2022 to 2032

Figure 116. MEA Market Share By End-Use- 2022 & 2032

Figure 117. MEA Market Y-o-Y Growth Projections By End-Use, 2022 to 2032

Figure 118. MEA Market Attractiveness Analysis By End-Use, 2022 to 2032

Figure 119. MEA Market Share By Country- 2022 & 2032

Figure 120. MEA Market Y-o-Y Growth Projections By Country, 2022 to 2032

Figure 121. MEA Market Attractiveness Analysis By Country, 2022 to 2032

Figure 122. United States Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 123. United States Market Value, By Form, 2022 & 2032

Figure 124. United States Market Value, By Source, 2022 & 2032

Figure 125. Canada Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 126. Canada Market Value, By Form, 2022 & 2032

Figure 127. Canada Market Value, By Source, 2022 & 2032

Figure 128. Germany Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 129. Germany Market Value, By Form, 2022 & 2032

Figure 130. Germany Market Value, By Source, 2022 & 2032

Figure 131. Italy Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 132. Italy Market Value, By Form, 2022 & 2032

Figure 133. Italy Market Value, By Source, 2022 & 2032

Figure 134. U.K. Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 135. U.K. Market Value, By Form, 2022 & 2032

Figure 136. U.K. Market Value, By Source, 2022 & 2032

Figure 137. China Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 138. China Market Value, By Form, 2022 & 2032

Figure 139. China Market Value, By Source, 2022 & 2032

Figure 140. South Korea Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 141. South Korea Market Value, By Form, 2022 & 2032

Figure 142. South Korea Market Value, By Source, 2022 & 2032

Figure 143. India Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 144. India Market Value, By Form, 2022 & 2032

Figure 145. India Market Value, By Source, 2022 & 2032

Figure 146. GCC Market Value (US$ Mn), Volume (Tons) Forecast and Analysis, 2022 to 2032

Figure 147. GCC Market Value, By Form, 2022 & 2032

Figure 148. GCC Market Value, By Source, 2022 & 2032

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- FAQs -

What is the current valuation of the plant-based squalene market?

The global plant-based squalene market stands at US$ 89.1 million in 2022.

At what rate is the plant-based squalene market poised to grow?

Worldwide plant-based squalene utilization is anticipated to increase at a CAGR of 8.5% through 2032.

How did the market fare over the previous years?

Sales of plant-based squalene increased at 2.9% CAGR from 2017-to 2021.

Who are the key suppliers of plant-based squalene?

Amyris, Arista Industries, Caribbean Natural Products Inc., Charkit Chemical Company LLC, Clariant, EPF Biotek, Jedwards International, Lotioncrafter, Nucelis, Spohim, SynShark, The Ordinary and Wilshire Technologies are major manufacturers of plant-based

What is a key trend in this space?

Research & innovation to develop newer use cases of plant-based squalene is a key trend in this market.

How is the East Asia plant-based squalene market faring?

East Asia is estimated to hold around 25.4% of the global plant-based squalene market share by 2032.

Plant-based Squalene Market

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