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Animal Sourced Squalene Market By Application 2021

Animal Sourced Squalene Market By Application (Cosmetics, Food Supplements And Healthcare)
Lokesh Mattaparthy | 11.05.2018
© Lokesh Mattaparthy
Squalene is an unsaturated organic compound found in abundance in shark liver oil. All living organisms, as well as humans, naturally produce squalene, however, the quantity of its production varies significantly. Squalene is employed in numerous industries, reminiscent of cosmetics, healthcare, and nutraceuticals because of its healthful and pharmacologic advantages, reminiscent of a chemo-preventive agent, inhibitor, system skilled worker, and others.

Growing geriatric people has resulted in the high incidence of most cancers and vascular diseases. Squalene aids in decreasing levels of steroid alcohol and is a crucial factor driving the market growth.

Drivers and Restraints

The rise in geriatric population has led to the high prevalence of cancer and vascular diseases. Squalene helps in reducing matter and steroid alcohol levels that successively is anticipated to fuel its demand in pharmaceutical applications. Moreover, increasing applications of squalene are anticipated to gift remunerative opportunities for the market growth. However, the government ban on shark fishing in some of the Western Countries is anticipated to hamper the market growth.

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Squalene prevents the formation of older spots, protects from ultraviolet radiation injury, and promotes cell growth within the skin. It is widely used as a cleansing and moisturizing compound in tending and cosmetic product as well as, creams, lotions, bath oils, hair conditioners, lipsticks, sunscreens, and others. Thus, increasing consumption of squalene in cosmetics is the key driver for the market growth.

Europe is the leading marketplace for squalene, followed by Asia-Pacific. Europe is calculable to account for the most important share of the market due to immense potential it holds in the near future owing to the expansion of varied end-use industries.

The major market contributors for the global Animal Sourced Squalene Market are Empressa Figueirrense de Pesca, Arista Industries Inc., Gracefruit Limited, Amyris Inc., Croda International PLC, New Zealand Green Health Ltd., Kishimoto Special Liver Oil Co. Ltd., Maruha Nichiro Corporation, Seadragon Marine Oils Limited, Arista Industries Inc.

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