#Animal-Sourced Squalene Market Analysis
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Squalene Industry Growth Trends, Research and Revenue Analysis, 2030
The global squalene market was valued at approximately USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030. A significant driver of this growth is the increasing use of natural ingredients within the personal care and cosmetics industry. Squalene’s transparency, low odor, and moisturizing properties make it highly valued as an emollient. Due to its non-toxic nature, squalene is one of the most widely used ingredients in personal care products. Additionally, squalene oil is utilized in cosmetics to neutralize free radicals that can damage skin and contribute to aging.
In cosmetics and personal care, squalene serves as a moisturizing and cleansing agent in a variety of products, including lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. The demand for natural and organic ingredients is increasing, which positively impacts the squalene market. Beyond cosmetics, the rising demand for squalene in vaccines also contributes to market growth. Squalene plays a crucial role in vaccines, such as those developed for COVID-19, due to its efficacy in enhancing immune response.
Gather more insights about the market drivers, restrains and growth of the Squalene Market
Squalene used in vaccines and pharmaceuticals is traditionally derived from fish oil, specifically sourced from sharks. However, a report by the International Trade of Endangered Species highlights that five shark species face extinction, which has led to a reduction in the use of animal-based sources. Consequently, this shift is encouraging the development and adoption of plant-based and synthetic squalene alternatives. Alongside this, the growing interest in nutritional supplements, the expanding cosmetics industry, and the increasing prevalence of conditions like cancer and cardiovascular disorders are also contributing to the demand for squalene. Innovations in renewable sourcing, as well as attractive marketing and packaging strategies, provide market players with additional opportunities.
In North America, the United States is the leading producer and consumer of squalene. The U.S. market is anticipated to grow significantly, driven by the booming cosmetics industry. This growth can be attributed to high levels of engagement with global cosmetic brands and rising demand for beauty products and services, especially with the increase in the working women population in the country.
End-use Segmentation Insights:
The personal care and cosmetics segment dominated the squalene market in 2023, holding over 70.1% of the revenue share. This growth is mainly due to squalene’s widespread use in various cosmetic products designed for skin and hair care. Squalene is commonly found in products for sun protection, skincare, and hair care, with approximately 70-80% of global squalene production going to the cosmetics industry.
Many multinational cosmetics companies, including L’Oréal, Unilever, and St. Botanica, have already started transitioning from shark liver oil-based squalene to plant-based alternatives due to their effectiveness and reduced environmental impact. For instance, in 2021, L’Oréal acquired the U.S.-based skincare brand Youth to the People, which has operations in the U.S., Canada, Australia, and parts of Europe. Youth to the People produces skincare products using plant extracts, allowing L’Oréal to incorporate more plant-based ingredients into its cosmetics, decreasing reliance on shark-derived sources.
Order a free sample PDF of the Squalene Market Intelligence Study, published by Grand View Research.
#Squalene Market Overview#Squalene Market Research#Squalene Market Forecast#Squalene Market Size#Squalene Industry
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Squalene Market Size and Regional Outlook Analysis 2024 - 2030
The global squalene market size was estimated at USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030.
Increasing consumption of natural ingredients in the personal care and cosmetics sector is expected to emerge as a major factor driving the market demand. Squalene is translucid, emits a low odor, and offers moisturizing properties. These qualities make it one of the most preferred emollients in the world. Absence of toxicity, makes it one of the most widely used elements in personal care applications. Squalene oil is also utilized in the cosmetics industry to fight free radicals that damage the skin and accelerate the aging process.
The product is used as a moisturizing and cleansing ingredient in cosmetic and personal care products such as lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. Furthermore, surge in demand for natural and organic ingredients is expected to have a positive impact on the market.
Another factor that fuels market expansion is the rising demand for products in several vaccines. It is a vital component of vaccinations including the COVID-19 vaccines as it is extremely effective in boosting immune response.
Gather more insights about the market drivers, restrains and growth of the Squalene Market
Squalene Market Report Highlights
• Rising usage of natural chemical-free ingredients in personal care and cosmetics and increased awareness regarding the benefits of squalene for health and body are driving the market
• Europe dominated the market with a revenue share of over 32.8% in 2023, followed by Asia Pacific region.
• The plant segment dominated the market with a revenue share of over 82.3% in 2023. This is attributed to the declining population of sharks, increasing awareness among people regarding animal welfare and protection, and regulatory frameworks imposed by various governments for the protection of marine animals.
• The personal care and cosmetics segment dominated the market with a revenue share of over 70.1% in 2023.
• In the pharmaceutical industry, squalene is widely used for various vaccine and drug delivery emulsions owing to its biocompatibility and stability-enhancing effects. In vaccines, it is used as an oil-in-water emulsion form, coupled with some adjuvants and stimulants of the immune system
• Companies are involved in strategic initiatives such as mergers and new product launches to maintain their market position
Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.
• The global specialty ingredients market size was valued at USD 142.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030.
• The global carotenoids market size was valued at USD 1.48 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030.
Squalene Market Segmentation
Grand View Research has segmented the global squalene market report based on source, end-use, and region:
Squalene Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• Animal
o Shark Liver Oil
o Other Animals
• Plants
o Amaranth Oil
o Olive Oil
o Rice Bran Oil Plants
o Other Amaranth Oil
o Synthetic
Squalene End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• Pharmaceuticals
• Personal Care & Cosmetics
• Nutraceuticals
• Food & Beverages
• Others
Squalene Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Russia
o Benelux
• Asia Pacific
o China
o India
o Japan
o South Korea
o Vietnam
o Thailand
o Indonesia
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o South Africa
Order a free sample PDF of the Squalene Market Intelligence Study, published by Grand View Research.
#Squalene Market#Squalene Market size#Squalene Market share#Squalene Market analysis#Squalene Industry
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Squalene Market Size, Status and Forecast 2030
Squalene Industry Overview
The global squalene market size was estimated at USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030.
Increasing consumption of natural ingredients in the personal care and cosmetics sector is expected to emerge as a major factor driving the market demand. Squalene is translucid, emits a low odor, and offers moisturizing properties. These qualities make it one of the most preferred emollients in the world. Absence of toxicity, makes it one of the most widely used elements in personal care applications. Squalene oil is also utilized in the cosmetics industry to fight free radicals that damage the skin and accelerate the aging process.
Gather more insights about the market drivers, restrains and growth of the Squalene Market
The product is used as a moisturizing and cleansing ingredient in cosmetic and personal care products such as lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. Furthermore, surge in demand for natural and organic ingredients is expected to have a positive impact on the market.
Another factor that fuels market expansion is the rising demand for products in several vaccines. It is a vital component of vaccinations including the COVID-19 vaccines as it is extremely effective in boosting immune response.
Squalene product, used in vaccines and pharmaceutical products is a purified version of fish oil, which is extracted from sharks. A report published by the International Trade of Endangered Species states that five shark species are in danger of extinction. This is anticipated to significantly reduce animal-based products and further drive plant- and synthetic-based sources.
The squalene industry also benefited from rising interest in nutritional supplements, expansion of the cosmetics sector, and prevalence of cancer and cardiovascular disorders. New renewable sources for product manufacturing along with appealing marketing and packaging techniques give market participants additional lucrative opportunities.
The U.S. is the largest producer and consumer of the product in North America. The market is expected to grow significantly over the forecast period owing to growth of the cosmetics industry in the country. The growth can be attributed to a high penetration rate of global cosmetic brands and an increase in demand for beauty care products and beauty clinics owing to the expanding working women population in the country.
The product is mainly extracted from shark liver oil and olive oil. Olive oil is a major source of extraction in the U.S. owing to restrictions imposed on poaching of marine animals under Marine Mammal Protection Act Policies (MMPA) that prohibit the take of marine mammals, including hunting, collecting, capturing, harassing, or killing them in waters and by citizens of U.S. on the high seas.
The act also makes it unlawful to import marine mammals and items derived from marine mammals into the country without necessary permits. This could lead to an increase in the use of plant-based or synthetically manufactured products over animal-based in the U.S. in coming years.
Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.
• The global lycopene market size was valued at USD 161.0 million in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030.
• The global anti-foaming agents market size was estimated at USD 5.64 billion in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.
Global Squalene Market Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global squalene market report based on source, end-use, and region.
Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
Animal
Shark Liver Oil
Other Animals
Plants
Amaranth Oil
Olive Oil
Rice Bran Oil Plants
Other Amaranth Oil
Synthetic
End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
Pharmaceuticals
Personal Care & Cosmetics
Nutraceuticals
Food & Beverages
Others
Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Benelux
Asia Pacific
China
India
Japan
South Korea
Vietnam
Thailand
Indonesia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
Key Companies & Market Share Insights
The market is fragmented and competitive with presence of several players. Major players are clustered in European and North American regions, whereas several small players are clustered in Asia Pacific, mainly in India, China, and Japan, as the region offers easy access to shark liver oil and olive oil, which are essential raw materials for production of the product.
Partnership strategies have been adopted by the leading players in the market to enhance the reach of their products by leveraging the networks of acquired players and geographic availability. For instance, in May 2023 Amyris announced its partnership with Croda International Plc. in order to supply pharmaceutical-grade squalene in adjuvants to boost the immune response:
Amyris, Inc.
Sophim SAS
Henry Lamotte Oils GmbH
efpbiotek
Vestan Limited
Kuraray Co., Ltd.
Croda International Plc
AASHA BIOCHEM
Arbee
Oleicfat, s.l.
Kishimoto Special Liver Oil Co., Ltd.
Order a free sample PDF of the Squalene Market Intelligence Study, published by Grand View Research.
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Squalene Market – Global Industry Trends, Business Analysis, Growth Opportunities, Segmentation, Graph and Forecast Share to 2028
The report “Squalene Market by Source (Animal Source (Shark Liver Oil), Vegetable Source (Olive Oil, Palm Oil, Amaranth Oil), Biosynthetic (GM Yeast]), End-use Industry (Cosmetics, Food, and Pharmaceuticals), and Region – Global Forecast to 2028″, size was USD 141 million in 2022 and is projected to reach USD 202 million by 2028, at a CAGR of 6.3%, between 2023 and 2028. Squalene is used in…
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Squalene Market Segmented On The Basis Of Source, End-Use, Region And Forecast To 2030: Grand View Research Inc.
San Francisco, 29 May 2023: The Report Squalene Market Size, Share & Trends Analysis Report By Source (Animal, Amaranth Oil, Synthetic), By End-use (Pharmaceuticals, Nutraceuticals), By Region, And Segment Forecasts, 2023 – 2030 The global squalene market size is expected to reach USD 307.88 million by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 10.9% from…
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#Squalene Industry#Squalene Market#Squalene Market 2023#Squalene Market 2030#Squalene Market Revenue#Squalene Market Share#Squalene Market Size
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Global Animal-Sourced Squalene Market set for rapid growth and trend 2021-2026
Global Animal-Sourced Squalene Market set for rapid growth and trend 2021-2026
This Global Animal-Sourced Squalene Market provides an all encompassing update market statistics, trends, and growth scenario. This report offers Animal-Sourced Squalene market details based on market analysis from 2021-2026 and the forecast Animal-Sourced Squalene market information up to 2026. Global Animal-Sourced Squalene report basically presents industry overview, market development…
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#Animal-Sourced Squalene Market Analysis#Animal-Sourced Squalene Market Australia#Animal-Sourced Squalene Market by applications#Animal-Sourced Squalene Market by companies#Animal-Sourced Squalene Market by share#Animal-Sourced Squalene Market by size Animal-Sourced Squalene Market by growth#Animal-Sourced Squalene Market by type#Animal-Sourced Squalene Market in Malaysia#Animal-Sourced Squalene Market Opportunities#Animal-Sourced Squalene Market Report#Animal-Sourced Squalene Market Research Report#Animal-Sourced Squalene Market Saudi arabia#Animal-Sourced Squalene Market united kingdom#Animal-Sourced Squalene Market United States
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Squalene Market Size 360-Degree Research Report with Prominent Industry Players
Global Squalene Market Size is value at US$ 149.0 Mn in anticipared to reach US$ 339.0 Mn in 2030 growing at a CAGR of 9.6% over the forecast period. Rise in research and development investment in squalene products to explore its untapped applications is driving the growth of squalene market across the globe. In general, squalene is a natural intermediate compound in the biosynthesis of sterols of plants and animals. On consistent consumption, it has the capability to enhance human life. It has proven its efficacies across patients with heart disease, diabetes, arthritis, hepatitis and other diseases. This has enforced researchers to develop its applications in pharmaceutical industry. In general, pharmaceutical industry plays a vital role in development of new medicines and vaccines to cure and prevent diseases The Benefits of squalene include anticancer, antioxidant, drug carrier, detoxifier, skin hydrating, emollient among others are boosting its adoption in various medicinal use cases. Squalene is an effective drug carrier used to transport the effective agent to a targeted location. They also showcase excellent anti-infectant properties by providing protection against bacterial and fungal infections. Squalene is also added in several experimental vaccines including pandemic flu and malaria vaccines to improve their efficacy. These characteristics have contributed towards extensive use of squalene in pharmaceuticals. As per The Pharmaceutical Industry and Global Health report of International Federation of Pharmaceutical Manufacturers & Associations in 2017 that the global pharmaceutical market would reach US$ 1,430.0 Bn by 2020 with highest investments in research activities compared to other sectors with more than 7,000 medicines under development across the globe. The ongoing developments in pharmaceutical industry across the world coupled with viable applications of squalene in medicines to deliver effective care are anticipated to drive the growth of Squalene Market Size across the globe over forecast period.
Access the Full Report @ https://www.absolutemarketsinsights.com/reports/Global-Squalene-Market-2019-2027-599
Squalene has numerous dietary benefits which expands its scope for nutraceutical and therapeutic applications. It is known for its antilipidemic, antioxidant and membrane stabilizing properties. Dietary squalene supplementation also improves digestive diseases including Dextran sodium sulphate (DSS) induced colitis. This has enforced dietary supplement providers to inculcate squalene in their products. For instance, Neutraceutical provider AMN Life Science offers squalene oil capsules as a rich source of Vitamin E. In similar instance, Deep Blue Health New Zealand Ltd provides squalene capsules for increasing anti-oxidation capabilities. Thus, extensive use of squalene in various applications including neutraceuticals is anticipated to drive the growth of global Squalene Market Size over forecast years.
The detailed research study provides qualitative and quantitative analysis of squalene market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Key Findings of the Report:
Cosmetics industry dominated the global Squalene Market Size in 2018 due to the multiple applications of squalene in beauty products coupled with rising awareness for grooming.
Based on type of source, squalene derived from animals dominated the global Squalene Market Size in 2018 owing to high quality and economic extraction of squalene.
North America held the highest market share in global Squalene Market Size in 2018. Asia Pacific is expected to register the highest compound annual growth rate (CAGR) over the period of next eight years owing to rise in demand from expanding cosmetic industry.
Some of the players operating in the Squalene Market Size are Amyris, Arbee, Arista Industries Inc., Bawa Fishmeal & Oil Co., ChemFaces, Empressa Figueirrense de Pesca, Jedwards International, Inc., Kishimoto Special Liver Oil Co. Ltd., Lýsi hf., Merck KGaA, Metabolics ltd, Nucelis, NZ Pure Health, Seadragon, Silberhorn, SOPHIM and SynShark amongst others.
Global Squalene Market:
By End-use Product Categories
Cosmetics
Pharmaceuticals
Nutraceuticals
Vaccine
Others
By Distribution Channel
Retail Chemists
E-commerce stores
Offline stores
By Source
Animal
Plant
Synthetic
By Region
North America
US
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic CountriesDenmark Finland Iceland Sweden Norway
Benelux UnionBelgium The Netherlands Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast AsiaIndonesia Thailand Malaysia Singapore Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Contact Us: Company: Absolute Markets Insights Email id: [email protected] Phone: +91-740-024-2424 Contact Name: Shreyas Tanna Website: https://www.absolutemarketsinsights.com
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Squalene Market Size, Competitive Landscape and Product Benchmarking, 2024
The global Squalene Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Squalene Market size is expected to value at USD 271.5 million by 2024. The market is subject to witness a substantial growth due to the increasing health consciousness among general population, and growing adoption for production of various drugs, food supplement, and cosmetics. Squalene is majorly found in shark liver oil and other vegetables sources.
Key Players:
Amyris Biotechnologies
Arista Industries Inc.
Maruha Nichiro Corporation
Empresa Figueirense De Pesca, Lda
Nucelis LLC
Arbee Agencies
Sophim
Gracefruit Limited
VESTAN Squalene Hydrogenation and Purification
SeaDragon Marine Oils Ltd.
Kishimoto Special Liver Oil Co. Ltd.
New Zealand Green Health Ltd.
Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/squalene-market/request-sample
Growth Drivers:
Extraction of squalene from olive oil, rice bran oil, and wheat germ oil is common practice in various parts across the globe. Globally, the squalene market is predicted to grow at CAGR of 10.7% over the forecast period, providing numerous opportunities for market players to invest in research and development of the market.
Increasing consummation of the squalene is attributed to its health advantages and higher nutritional content. Regular consummation of the squalene offers advantages such as white blood-cell regeneration, immunity system stimulus, anti-carcinogen, and anti-oxidant properties, thus propelling market growth, in the recent years.
Growing adoption of the squalene as a scrubbing and conditioning compound in personal care and cosmetic merchandises such as ointments, liniments, lipsticks, bath soaps, suntan lotion, hair-care products, and foundations are expected to boost the market demand for squalene in the upcoming years.
Additionally, implementation of the attractive marketing & packaging strategies by large-scale organizations are promoting market expansion, in the recent years. Other factors influencing rapid market demand for squalene, in the last few years, include prevalence of cancer and cardiovascular diseases, and large-scale adoption of squalene derivatives for production of various pharmaceuticals. Squalene is capable of reducing carcinogen and cholesterol levels, which is beneficial for treatment of cancer and cardiovascular diseases.
Application Outlook:
Food
Pharmaceuticals
Cosmetics
Raw Material Outlook:
Animal
Vegetable
Synthetic
Regional Outlook:
The squalene industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in chemical manufacturing sector, changing lifestyle, and existence of well-established industrial infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the squalene market with massive growth in forecast period.
Countries such as India, China, South Korea, Indonesia, and Malaysia are leading the Asia-Pacific market with increasing health consciousness among general population, growing demand for dietary supplements, strong economic growth, rising disposable income, and significant investment by leading industry players considering potential growth opportunities in the region.
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The Squalene Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
In this new business intelligence report, Squalene Market Research serves a platter of market forecast, structure, potential, and socioeconomic impacts associated with the global Squalene market. With Porter's Five Forces and DROT analyses, the research study incorporates a comprehensive evaluation of the positive and negative factors, as well as the opportunities regarding the Squalene market.
Some of the Important and Key Players of the Global Squalene Market:
Arista Industries, Amyris, Inc., Nucelis, EFPBIOTEK, Kishimoto Special Liver Oil Co. Ltd. SOPHIM
Get PDF Sample Report of Squalene (COVID-19 Version) Market 2020, Click Here @ https://www.adroitmarketresearch.com/contacts/request-sample/554?utm_source=Pallavi
The Squalene market report contains detailed analysis of data through industrial dynamics which has major impact on the growth of market. It further focuses on restraining factors of market which shows negative impact on the growth of market. The lucrative opportunities of Squalene market are also added up to provide complete understanding of Squalene market in coming years.
Influence of the Squalene market report:
1. Comprehensive assessment of all opportunities and risk in the Squalene market. 2. Squalene market recent innovations and major events. 3. Detailed study of business strategies for growth of the Squalene market-leading players. 4. Conclusive study about the growth plot of Infrared Imaging market for forthcoming years. 5. In-depth understanding of Squalene market-particular drivers, constraints and major micro markets. 6. Favorable impression inside vital technological and market latest trends striking the Squalene market.
Browse the complete report Along with TOC @ https://www.adroitmarketresearch.com/industry-reports/squalene-market?utm_source=Pallavi
Squalene Market Segmentation
Type Analysis of Squalene Market:
By Source (Vegetable Based, Animal Based, Natural & Synthetic Blend), By End Use (Cosmetics, Food Products, Pharmaceutical And Others)
Regional Analysis for Squalene Market:
1. North America (U.S., Canada, Mexico) 2. Europe (U.K., France, Germany, Spain, Italy and Rest of Europe) 3. Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific) 4. Latin America (Brazil, Argentina, Colombia and Rest of L.A.) 5. Middle East and Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)
Objective of Squalene market report to sell:
1. Primary objective of this report is to ensure its use to its users to understand complete scenario of Squalene market. It gives overall idea about the market in terms of segmentation, market potential, influential trends and the challenges that the market is facing 2. To provide detailed description of key players and their marketing strategies followed by press releases and relevant documents so as to get competitive analysis market understanding 3. To strategically analyze each submarket with respect to individual growth trend and their contribution to the market 4. To offer detailed profiles of key players with regional analysis and focus on key rising opportunities and challenges faced by this market 5. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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Squalene 2024 Industry Outlook, Research, Trends and Forecast to 2030
Squalene Industry Overview
The global squalene market size was estimated at USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030.
Increasing consumption of natural ingredients in the personal care and cosmetics sector is expected to emerge as a major factor driving the market demand. Squalene is translucid, emits a low odor, and offers moisturizing properties. These qualities make it one of the most preferred emollients in the world. Absence of toxicity, makes it one of the most widely used elements in personal care applications. Squalene oil is also utilized in the cosmetics industry to fight free radicals that damage the skin and accelerate the aging process.
Gather more insights about the market drivers, restrains and growth of the Squalene Market
The product is used as a moisturizing and cleansing ingredient in cosmetic and personal care products such as lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. Furthermore, surge in demand for natural and organic ingredients is expected to have a positive impact on the market.
Another factor that fuels market expansion is the rising demand for products in several vaccines. It is a vital component of vaccinations including the COVID-19 vaccines as it is extremely effective in boosting immune response.
Squalene product, used in vaccines and pharmaceutical products is a purified version of fish oil, which is extracted from sharks. A report published by the International Trade of Endangered Species states that five shark species are in danger of extinction. This is anticipated to significantly reduce animal-based products and further drive plant- and synthetic-based sources.
The squalene industry also benefited from rising interest in nutritional supplements, expansion of the cosmetics sector, and prevalence of cancer and cardiovascular disorders. New renewable sources for product manufacturing along with appealing marketing and packaging techniques give market participants additional lucrative opportunities.
The U.S. is the largest producer and consumer of the product in North America. The market is expected to grow significantly over the forecast period owing to growth of the cosmetics industry in the country. The growth can be attributed to a high penetration rate of global cosmetic brands and an increase in demand for beauty care products and beauty clinics owing to the expanding working women population in the country.
The product is mainly extracted from shark liver oil and olive oil. Olive oil is a major source of extraction in the U.S. owing to restrictions imposed on poaching of marine animals under Marine Mammal Protection Act Policies (MMPA) that prohibit the take of marine mammals, including hunting, collecting, capturing, harassing, or killing them in waters and by citizens of U.S. on the high seas.
The act also makes it unlawful to import marine mammals and items derived from marine mammals into the country without necessary permits. This could lead to an increase in the use of plant-based or synthetically manufactured products over animal-based in the U.S. in coming years.
Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.
• The global lycopene market size was valued at USD 161.0 million in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030.
• The global anti-foaming agents market size was estimated at USD 5.64 billion in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.
Global Squalene Market Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global squalene market report based on source, end-use, and region.
Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
Animal
Shark Liver Oil
Other Animals
Plants
Amaranth Oil
Olive Oil
Rice Bran Oil Plants
Other Amaranth Oil
Synthetic
End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
Pharmaceuticals
Personal Care & Cosmetics
Nutraceuticals
Food & Beverages
Others
Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Benelux
Asia Pacific
China
India
Japan
South Korea
Vietnam
Thailand
Indonesia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
Key Companies & Market Share Insights
The market is fragmented and competitive with presence of several players. Major players are clustered in European and North American regions, whereas several small players are clustered in Asia Pacific, mainly in India, China, and Japan, as the region offers easy access to shark liver oil and olive oil, which are essential raw materials for production of the product.
Partnership strategies have been adopted by the leading players in the market to enhance the reach of their products by leveraging the networks of acquired players and geographic availability. For instance, in May 2023 Amyris announced its partnership with Croda International Plc. in order to supply pharmaceutical-grade squalene in adjuvants to boost the immune response:
Amyris, Inc.
Sophim SAS
Henry Lamotte Oils GmbH
efpbiotek
Vestan Limited
Kuraray Co., Ltd.
Croda International Plc
AASHA BIOCHEM
Arbee
Oleicfat, s.l.
Kishimoto Special Liver Oil Co., Ltd.
Order a free sample PDF of the Squalene Market Intelligence Study, published by Grand View Research.
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Squalene Market Size, Analysis And Future Treands
The latest research, Squalene Market allows companies and individuals learn more about the yesteryears, present and potential buyers in the Squalene Market for the forecast period, 2019 to 2026. Most importantly, the study enables business owners to understand and make better business decisions by pinpointing the current demands and needs of the consumers. The collection of data with an aim to offer clarity on consumer behavior in a particular region where the Squalene Market players operate makes the report more valuable. Apart from this, the study evaluates the competitors in a specific country. Another critical aspect that is covered by this literature on Squalene Market is the effective assessment of small marketing campaigns.
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The research further holds ample information to enable stakeholders in their decision-making process, especially associated with problem identification, finding the best solutions as well as opportunities in the Squalene Market for the forecast period, 2019 to 2026. The study further document marketing benchmarks that a business owner is expected to complete in order to sustain in the highly saturated market. Besides, the marketing efforts and constant improvements introduced to the marketing strategy by major vendors’ forms an important part of the study.
Segmentation:
For the purpose of this report, Reports and Data have segmented global Squalene Market on the basis of source, formulation, application, and region:
Source Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Million; 2018-2026)
Animal-based
Plant-based
Synthetic biotechnology
Formulation Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Million; 2018-2026)
Tablets or capsules
Liquid (oil/lotion)
Powder
Softgels
Applications Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Million; 2018-2026)
Cosmetics
Food supplements
Healthcare & Pharmaceuticals
Discover More about Cosmetic Chemicals: https://www.reportsanddata.com/report/category/cosmetic-chemicals
Regional Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Million; 2018-2026)
• North America o U.S. • Europe o France o UK • Asia Pacific o China o India o Japan • Latin America o Brazil • MEA
The report helps product manufacturers connect directly to their target audience by including thoughts and opinions from companies and individuals who are unbiased and less emotionally attached to recent developments, products or services. The study empowers field marketing executives to gain a new angle on how they should go about a new launch, a new product or brand positioning. As a part of their exercise, the researchers have not only provided the sales estimation of the products and services but have also documented the winning strategies required to achieve and maximize the profits.
Besides, helping the audience uncover and understand the potential challenges and problems the report includes the reactions of the buyers about new products or services. This information can enlighten all further development desired to suit the target market. In addition, the statistics on prominent Squalene Market players shows how to measure up against established competitors and then take necessary action. Business owners can find the information they need to decide whether to take an action or not. It makes it obvious if a new product planned by the manufacturers meets the customer needs.
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The research provides answers to the following key questions:
What category of customers will buy more products or services during the forecast period 2019 to 2026?
What type of customers is buying the products or services?
What are the trends dominating the Squalene Market and influencing the lives of the buyers at the moment?
What would be the most effective and best roadmap for vendors operating in the Squalene Market for generating more revenues?
How are the products priced?
Who are the real competitors?
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Squalene Market Segmented On The Basis Of Source, End-Use, Region And Forecast To 2030: Grand View Research Inc.
San Francisco, 23 May 2023: The Report Squalene Market Size, Share & Trends Analysis Report By Source (Animal, Amaranth Oil, Synthetic), By End-use (Pharmaceuticals, Nutraceuticals), By Region, And Segment Forecasts, 2023 – 2030 The global squalene market size is expected to reach USD 307.88 million by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 10.9% from…
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#Squalene Industry#Squalene Market#Squalene Market 2023#Squalene Market 2030#Squalene Market Revenue#Squalene Market Share#Squalene Market Size
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Reports and Data announced the addition of new informative data titled Squalene Market to its extensive repository. The goal of this report is to help readers improve their industry’s performance by focusing on important aspects of their business, such as recent developments, technology platforms, and various standard operating procedures and tools. Primary and secondary research techniques were used to examine the desired data effectively. Analysts in this research report can quickly expand their business by focusing on various business and market strategies.
The pandemic has severely impacted the functioning and the state of the world’s economy. All industries have had impacts that have put restraints on their functioning, barring a few that are deemed necessary for the prevention and containment of the coronavirus. However, the fight against the virus is on-going and continues to hamper the proper and full-scale functioning of the industries. Therefore, it has become essential to register and calculate its effects in this study of the global Squalene Market. The trends are calculated by taking into consideration the market scenario to derive accurate and meaningful speculations in the forecasted period to give the user.
Top Key Players:
Amyris, Sophim, Kishimoto Special Liver Oil, SeaDragon Marine Oil, Nucelis LLC, Ekiz Olive Oil and Soap Inc., Maruha Nichiro Corp., LDA, Empresa Figueirrense de Pesca, and VESTAN, among others.
In market segmentation source outlook, the report covers the following uses-
· Animal-based
· Plant-based
· Synthetic biotechnology
·
In market segmentation by type of the formation outlook, the report covers the following uses-
· Tablets or capsules
· Liquid (oil/lotion)
· Powder
· Softgels
The regions considered in the Squalene Market analysis are:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
In addition to strategic recommendations, the Squalene Market report throws light on different properties to curb the progress of fuel or industry. Research reports use effective graphical presentation techniques such as tables, charts, graphs, diagrams, and infographics.
Reasons for Buying this Report :
The report casts light on leading manufacturers/players and describes their latest business moves, including new product launches, technology adoption, profitable acquisitions, partnerships, and joint ventures. A precise evaluation of manufacturer’s production capacity, effective manufacturing methods, value chain analysis, market share, size, revenue, sales, growth rate, and CAGR is also included in this report that gives a comprehensive portrait of the Squalene Market competitor.
Besides, the report emphasizes elements influencing market growth, upcoming investment and business opportunities, challenges, scope, Squalene Market demand analysis, latest technological advancements, inventions, and innovation. It also provides an in-depth analysis of market restraining factors, provincial regulatory framework, and upcoming threats of the market, obstacles, and financial hurdles that give a thorough perception of the market, which is highly essential for players in the industry.
Table of Content:
1. Market Overview
2. Competition Analysis by Players
3. Company (Top Players) Profiles
4. Squalene Market Size by Type and Application
5. Squalene Market Status and Outlook
6. North America: Market Status and Outlook
7. Market Development Status and Outlook
8. Europe: Market Status and Outlook
9. Asia Pacific: Market Status and Outlook
10. Middle East & Africa: Market Status and Outlook
11. Market Forecast by Region, Type, and Application
12. Market Dynamics
13. Market Effect Factor Analysis
14. Research Finding/ Conclusion
15. Appendix.
Key reasons to buy the report:
1. Various analysis methods are used to analyze and deliver precise market information to readers.
2. Digital technologies are used to facilitate clients with various updated market solutions.
3. Multi-disciplinary approach to provide accurate and reliable insights into several industries.
4. Data collection is carried out by using primary and secondary sources.
5. Round-the-clock availability of our analysts to serve clients across the world.
The Squalene Market report delivers the principle locale, latest economic situations with the item value, benefits, production capacity, demand and supply, market development rate, and others. Additionally, the report performs SWOT Analysis, speculation attainability investigation, and venture return investigation.
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