squalene market is expected to reach $214 million, by 2022, globally

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Publish Date : Dec 2016 No of Pages: 150 e Patient ng Market nity Analysis and ast, 2014 - 2022 Squalene Market Global Opportunity Analysis and Industry Forecast, 2014 - 2022

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Publish Date : Dec 2016 No of Pages: 150

Remote Patient Monitoring Market

Global Opportunity Analysis and Industry Forecast, 2014 - 2022

Squalene Market

Global Opportunity Analysis and Industry Forecast, 2014

- 2022

Introduction

• Squalene Market Report, published by Allied Market Research,forecasts that the global squalene market was valued at $110million in 2015, and is expected to reach $214 million by 2022growing at a CAGR of 10.1% during the forecast period.

• Growth of the end-use industries such as cosmetics,nutraceuticals, and healthcare industry is expected to fuel themarket growth during the forecast period. Growth in use ofsqualene as a chemo-preventive agent, and the increase in valueand potential of dietary supplements derived from squalenedrives the global squalene market.

Current and Future Market Scenario

• The global squalene market was valued at $110 million in 2015, and isexpected to reach $214 million by 2022 growing at a CAGR of 10.1%during the forecast period.

• Cosmetics segment was the largest contributor for global squalenemarket in 2015. Europe held the leading position in 2015, while Asia-Pacific is expected to be the highest growing market throughout the studyperiod.

Factors Contributing to Market Growth

• Food supplement is the fastest growing market due to rise indemand of the squalene products. The leading market players suchas Amyris, Inc., and Croda International plc exhibit a strong brandimage because of their diverse product offerings and hence, thereis a low threat of new entrants in this market.

• In addition, requirement of high capital investment and difficultiesin availability of raw material due to ban on shark fishing bygovernment indicate a low threat of new entrants.

• These dominant players have captured major market share,thereby benefiting from the economy of scale. Furthermore, thereis high cost of squalene produced from vegetable and there is highcost in research and development of synthetic biotechnology.

Squalene Market - Segments

BY END-USE

INDUSTRY

Cosmetics

Hair Care

Fragrance

Food SupplementsHealth

Care

Cancer Treatm

ent

Heart Disease

Skin Health

Squalene Market - Segments

• Squalene in cosmetics application segment occupied the highestshare in 2015, and is expected to grow at a CAGR of 9.8% in terms ofvalue during the forecast period.

• Japan is the leading consumer of squalene accounting for more thanone-third share of the Asia-Pacific market, followed by China.

• The synthetic bio-technology sourced squalene segment is expectedto expand with the highest CAGR of 11.7% in terms of value duringthe forecast period.

• Vegetable sourced squalene segment accounted for approximatelyhalf of the global squalene market in 2015.

• U.S. is the leading market for squalene in the North American region,growing at a CAGR 6.4% in terms of value during the forecast period.

Region Overview

Leading Players

• In response to the rise in need of squalene based productsAmyris, Inc. (February 2014), made an agreement with DowellC&I Co., Ltd., to distribute and expand personal care business inAsia. Dowell has become a distributor of Neossance in Korea.

• This agreement led to the expansion of business in the Asia-Pacific region.

• The prominent players profiled in this report include SeadragonMarine Oils Limited, Arista Industries Inc., Maruha NichiroCorporation, Gracefruit Limited, Kishimoto Special Liver Oil Co.Ltd., Amyris Inc., New Zealand Green Health Ltd., Carbomer,Asha Biochem, and Croda International PLC.