Squalene - Global Strategic Business Report

The global market for Squalene was estimated at US$144.5 Million in 2023 and is projected to reach US$198.3 Million by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Why Is Squalene Gaining Popularity in the Health and Beauty Industry?

Squalene, a natural organic compound found in shark liver oil, olives, and amaranth seed oil, is gaining significant popularity in the health and beauty industry for its moisturizing, anti-aging, and antioxidant properties. Widely used in cosmetics, personal care, and pharmaceutical products, squalene serves as an emollient, hydrator, and skin barrier enhancer, making it an ideal ingredient for skincare, haircare, and anti-aging formulations. The increasing consumer demand for natural, plant-based, and sustainable ingredients is driving the adoption of squalene in a range of products, from serums and creams to dietary supplements. As the awareness of the benefits of squalene grows, manufacturers are exploring innovative ways to incorporate this compound into new health and beauty formulations, expanding its market potential.

How Are Innovations in Squalene Production and Sourcing Shaping the Market?

Innovations in squalene production and sourcing are significantly shaping the market, enabling more sustainable, ethical, and scalable supply chains. With concerns over the environmental impact of shark-derived squalene, the industry is rapidly shifting towards plant-based, bio-based, and synthetic alternatives. Advances in biotechnology, such as microbial fermentation, are allowing for the production of high-purity, bioidentical squalene from yeast and microalgae, eliminating the need for animal-derived sources. These innovations not only support the growing demand for vegan and cruelty-free products but also enhance supply chain stability and reduce cost volatility. Moreover, new methods for extracting and purifying squalene from plant sources, such as sugarcane and olives, are providing manufacturers with diverse and sustainable options, supporting the growth of the squalene market.

Which Market Segments Are Driving the Growth of the Squalene Industry?

Sources of squalene include animal-based (shark liver oil), plant-based (olive oil, amaranth oil), and synthetic (bio-fermentation), with plant-based squalene holding the largest market share due to rising demand for sustainable, vegan, and ethical ingredients. Applications of squalene span cosmetics, pharmaceuticals, food and nutraceuticals, with cosmetics being the dominant segment due to the high demand for moisturizing, anti-aging, and antioxidant products. End-use industries include personal care, pharmaceuticals, food and beverages, and dietary supplements, with personal care leading the market due to the increasing focus on natural, clean-label, and eco-friendly formulations. Geographically, North America, Europe, and Asia-Pacific are the largest markets for squalene, driven by strong demand from the cosmetics and personal care sectors, as well as rising consumer awareness of health and wellness.

What Are the Key Drivers of Growth in the Squalene Market?

The growth in the squalene market is driven by several factors, including rising demand for natural, sustainable, and vegan ingredients in cosmetics and personal care, technological advancements in squalene extraction, purification, and production, and the increasing adoption of squalene in nutraceuticals, pharmaceuticals, and functional foods. The need to provide high-quality, high-purity, and bioidentical squalene for various skincare, haircare, and health formulations is driving the demand for squalene across multiple sectors. Technological innovations in bio-fermentation, plant-based extraction, purification processes, and sustainable sourcing, coupled with advancements in biotechnology, ingredient science, and clean-label formulations, are enhancing the stability, scalability, and marketability of squalene, supporting market growth. The expansion of squalene applications in immune health, dietary supplements, sports nutrition, and pharmaceutical delivery systems, along with the growing emphasis on ethical sourcing, traceability, and transparency, is creating new opportunities for market players. Additionally, the focus on developing high-purity, high-stability, and multi-functional squalene solutions for diverse health and beauty applications is further propelling the growth of the squalene market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Vegetable-Sourced Squalene segment, which is expected to reach US$100.9 Million by 2030 with a CAGR of a 4.7%. The Animal-Sourced Squalene segment is also set to grow at 3.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, which was valued at $38.5 Million in 2023, and China, forecasted to grow at an impressive 8.0% CAGR to reach $44.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Squalene Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Squalene Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Squalene Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Empresa Figueirense De Pesca (EFPBIOTEK), Kishimoto Special Liver Oil Co. Ltd., Nature's Life NZ Limited, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 46 Featured):

• Empresa Figueirense De Pesca (EFPBIOTEK)
• Kishimoto Special Liver Oil Co. Ltd.
• Nature's Life NZ Limited
• New Zealand Green Health Ltd.
• Pharmsville Co., Ltd.
• SeaDragon Limited