Europe Squalene Market is expected to expand at a CAGR of 10.6% from 2021 to 2030.
Europe Squalene Industry Overview The Europe squalene market size is expected to reach USD 99.12 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.6% from 2021 to 2030. Increasing usage of squalene in pharmaceutical products as an adjuvant for immune enhancement is one of the major factors driving the demand. Europe Squalene Market Segmentation Grand View Research has segmented the Europe squalene market on the basis of source, end use, and country: Based on the Source Insights, the market is segmented into Animal, Plants and Synthetic Plant sources accounted for the largest revenue share of over 80.0% in 2020 and are anticipated to maintain their lead in the future. Changing regulatory scenarios across the region is driving the plant-based squalene segment. Regulations promoting the use of plant-based squalene over animal-based squalene, coupled with R&D efforts related to them...