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The squalene market size is projected to reach USD 184 million by 2025 from USD 129 million in 2020, at a CAGR of 7.3%. Rising demand from cosmetics, food, and pharmaceuticals industry is expected to support the growth of the squalene market. However, skepticism over shark fishing is restraining the growth of the market. On the other hand, the availability of new renewable sources for the production of squalene has created opportunities for manufacturers.
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