Biosynthetic Squalene Market
Biosynthetic Squalene Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Biosynthetic Squalene Market Size and Growth
The Biosynthetic Squalene market is experiencing robust growth, driven by increasing demand in cosmetics and pharmaceuticals. The global market size is projected to reach approximately USD 200 million by 2026, with a CAGR of 10%. Factors include sustainability trends and the shift towards plant-based ingredients, enhancing market opportunities.
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Companies Covered
(Covid 19 Impact Covered)
◍ Sophim
◍ Amyris
◍ Arista Industries
◍ Kowa Group
◍ Globalab
The biosynthetic squalene market is growing with companies like Sophim, Amyris, Arista Industries, Kowa Group, and Globalab leading innovation. They produce sustainable squalene for cosmetics and pharmaceuticals, enhancing product appeal. Their efforts in eco-friendly sourcing and scalability drive market growth, catering to rising consumer demand for sustainable ingredients.
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Market Segmentation
By Application
Cosmetics
Food
Pharmaceuticals
Other
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By Product
GM Yeast Squalane
Vegetable Squalane
Other
Market Growth
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$ X Billion USD
