Global Squalene Market: Industry Analysis and Forecast (2019-2026)

Mkashid11 Aug, 2021Business

Increasing demand for anti-ageing cosmetic creams, as well as the growing demand for squalene in the pharmaceutical industry, is driving the growth of the market. Rapid urbanization and growing disposable income in the emerging economies are resulting in the penetration of health supplements and cosmetics. Ingredients in squalene oil are known to improve the immune system response of an individual. Various conditions, such as arthritis, asthma, and psoriasis, may also be alleviated by the supplement. Moreover, the macrophages in its oil are promoted for their ability to help wounds heal faster.