Squalene Market by Source (Animal, Vegetable, and Synthetic Biotechnology), End Use Industry (Cosmetics, Nutraceuticals, and Healthcare): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global squalene market was valued at $114.5 million in 2020, and is projected to reach $241.6 million by 2030, growing at a CAGR of 7.8% from 2021 to 2030.
Squalene is a natural oily liquid hydrocarbon found in plants and animals. It is commonly found in large quantities in animal oil. It is the most common lipids produced by human skin cells, making up approximately 10% of our sebum. It is widely used as chemo-preventive agent, antioxidant, and immune system restorer in cosmetics, medical, nutraceuticals, and other end use sectors.
Rise in disposable income and awareness for hygiene and personal grooming activities has increased demand for various cosmetic products where squalene is widely used in creams and lotions to increase their absorption and spreadability. This is expected to aggressively penetrate and boost demand for squalene in the growing cosmetics industry. In addition, increasing severity of diseases has led to rise in growth of the healthcare sector where squalene is used as antioxidant and immune system restorer in various medicines and food supplements. This factor positively drive growth of the squalene market.
However, stringent rules and regulations imposed by several wildlife protection agencies to stop animal killings may moderately impact production of squalene from various animals. This hampers growth of the squalene market during the forecast period.
On the contrary, rise in R&D activities has led to potential applications of squalene in various end use sectors. For instance, laboratory studies have confirmed that squalene enhances function of macrophages that makes it suitable to be used as a prime immune booster ingredient. Furthermore, it exhibits anti-viral, anti-fungal, and anti-bacterial properties that make it suitable for use in pharmaceutical sector. This is anticipated to increase in sales of squalene in several end use sectors; thus creating lucrative opportunities for the market.
The global squalene market analysis is done on the basis of source, end use industry, and region. Depending on source, the market is divided into animal, vegetable, and synthetic biotechnology. On the basis of end use industry, it is fragmented into cosmetics, nutraceuticals, and healthcare. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global squalene market profiles leading players that include Amyris, Inc., ARISTA INDUSTRIES INC, Empresa Figueirense De Pesca, Lda, Gracefruit Limited, Kshimoto Special Liver Oil Co., LTD., New Zealand Green Health Ltd, NUCELIS LLC, Otto Chemie Pvt. Ltd., SEADRAGON MARINE OILS LIMITED, and SOPHIM IBERIA S.L.
The global squalene market report provides in-depth competitive analysis as well as profiles of these major players.
1.1. Key benefits for stakeholders
Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
It outlines the current trends and future estimations of the market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
The profiles of key players and their key strategic developments are enlisted in the report.
1.2. Key market segments
By Source
Animal
Vegetable
Synthetic Biotechnology
By End use industry
Cosmetics
Nutraceuticals
Healthcare
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Turkey
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key players in the global squalene market are:
1. Amyris, Inc.
2. ARISTA INDUSTRIES INC
3. Empresa Figueirense De Pesca, Lda
4. Gracefruit Limited
5. Kshimoto Special Liver Oil Co., LTD.
6. New Zealand Green Health Ltd
7. NUCELIS LLC
8. Otto Chemie Pvt. Ltd.
9. SEADRAGON MARINE OILS LIMITED
10. SOPHIM IBERIA S.L
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