Squalene Market Worldwide Industry Analysis, Future Demand and Forecast till 2032 | IMR

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Squalene Market Overview:

Squalene Market Size Was Valued at USD 157.75 Million in 2023 and is Projected to Reach USD 266.74 Million by 2032, Growing at a CAGR of 6.01% From 2024-2032.

Squalene is a compound that occurs naturally in plants, animals, and fungi, especially in the liver oil of sharks, as well as in olives and sugarcane. It is a hydrocarbon and serves as a precursor to steroids, such as cholesterol. Squalene serves multiple purposes, mainly in cosmetics due to its moisturizing and anti-aging benefits. It is additionally utilized in vaccines and pharmaceuticals as an adjuvant. Squalene is attracting interest due to its possible health advantages, such as antioxidant effects and skin safeguarding. With rising demand, sustainability issues are advocating for plant-based alternatives instead of shark-derived squalene to protect marine ecosystems.                

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Squalene Market Top Key Players:

·         Amyris (USA)

·         Sophim (France)

·         Kishimoto Special Liver Oil Co., Ltd. (Japan)

·         Arista Industries Inc. (USA)

·         Empresa Figueirrense De Pesca, Lda. (Portugal)

·         Nucelis LLC (USA)

·         New Zealand Green Health Ltd. (New Zealand)

·         SeaDragon Marine Oils Limited (New Zealand)

·         Maruha Nichiro Corporation (Japan)

·         Croda International Plc (UK)

·         EFP Biotek (USA)

·         Lipofoods SLU (Spain)

·         Gracefruit Limited (UK)

·         Kappa Bioscience AS (Norway)

·         Enzymotec Ltd. (Israel)

·         The Lubrizol Corporation (USA)

Squalene Market Segment Analysis:

By Source

·         Animal-Based {Shark Liver Oil}

·         Vegetable-Based {Olive Oil, Amaranth Oil, Rice Bran Oil, Wheat Germ Oil}

·         Synthetic

By Form

·         Powder

·         Liquid

By Application

·         Moisturizers and Emollients

·         Sun Care Products

·         Health Supplements

·         Vaccines

By End-Use

·         Cosmetics & Personal Care

·         Pharmaceuticals

·         Food Supplements           

By Region:

·         North America (U.S., Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

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