Squalene Market to be dominated by Growth in Cosmetic and Pharmaceutical Industries
Increasing demand for cosmetics and personal care products will spearhead the squalene market in the forecast period, 2023-2027. According to TechSci Research report, “ Squalene Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global squalene market is anticipated to grow at a significant rate in the forecast period, 2023-2027. The increase in demand for cosmetics and personal care products are the primary factors driving the demand for the global squalene market. Growing expansion of pharmaceutical and cosmetic industries, consumption of dietary supplements is expected to influence the market demand. The increasing awareness of nutritional and health benefits and upsurge in demand for natural and organic ingredient is also a key factor for increasing the growth of the squalene market, globally. However, Stringent regulations employed by the General Fisheries Commission of the Mediterranean (GFCM), Northeast Atlantic Fisheries C...