Europe Squalene Market Production and Revenue Analysis Report 2028
Europe Squalene Industry Overview The Europe squalene market size was valued at USD 36.22 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.6% from 2021 to 2030. Increasing demand for squalene in the pharmaceutical applications as an adjuvant for immune enhancement is one of the major factors driving the consumption. Furthermore, increasing applications of squalene in nutraceuticals and food supplements owing to its ability to serve as an anti-cancer and antioxidant agent are projected to propel the demand for the product. Gather more insights about the market drivers, restrains and growth of the Europe Squalene Market Squalene, being a naturally occurring compound, is derived from animal and plant oils and shark livers. Shark livers traditionally have been the predominant source globally. However, there have been growing concerns regarding the conservation of shark species, due to which Europe is banning the usage of shark-derived squalene i...