IMARC Group’s report titled “Squalene Market Report by Source Type (Animal, Vegetable, Synthetic), Application (Cosmetics, Food, Pharmaceuticals, and Others), and Region 2025-2033”. The global squalene market size reached USD 155.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 263.0 Million by 2033, exhibiting a growth rate (CAGR) of 6.84% during 2025-2033.
Factors Affecting the Growth of the Squalene Industry:
● Rising Demand for Natural and Organic Cosmetics:
It is about the information on the personal care product market situation that all indicate market growth. This growth is as a result of the growing need for natural and organic products in the market. The public is rapidly wising up to the dangers of synthetic chemical found in most processed foods. Thus, natural ones have gained popularity among them. Earlier known only in the shark genre, Squalene is now used in cosmetics due to its moisturizing capability For instance, it can be sourced from olives, sugarcane etc. Due to these qualities squalene is being used by cosmetic companies and is added to skincare and hair care products. Moreover, the clean beauty trend that is greatly recognized and appreciated for its responsible attitude to products’ ingredients will also contribute to market growth.
● Growth in the Pharmaceutical Industry:
Squalene enhances immune response and therefore a must have for vaccines. Its market is thus growing with progress in the development of vaccines as well as the process of immunization. But the antioxidant and anti-inflammatory effects are to the increase of its usage in health products. These factors include the increase in chronic diseases and changes in preferences towards preventive services; all of which are enhancing market growth. On the other hand, firms are conducting research on how the squalene can be used in other things to alleviate the increasing demand for it among various firms.
● Technological Advancements in Extraction Methods:
Innovations in squalene extraction and production are driving market growth. New methods now use plants like olives and sugarcane, making production cheaper and more sustainable. This shift reduces the reliance on shark liver oil, tackling environmental and ethical concerns. Moreover, these techniques enhance squalene's purity and quality, boosting its effectiveness. As production becomes more efficient, squalene will be cheaper and more widely available, benefiting various industries.
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Leading Companies Operating in the Global Squalene Industry:
Amyris Inc.
Arbee Agencies
Arista Industries Inc.
Empresa Figueirense De Pesca Lda
Gracefruit Limited
Kishimoto Special Liver Oil
Maruha Nichiro Corporation
Nucelis Inc. (Cibus Ltd.)
SeaDragon Marine Oils Limited
Sophim
VESTAN Squalene Hydrogenation and Purification
Squalene Market Report Segmentation:
By Source Type:
Animal
Vegetable
Synthetic
Animal represents the largest segment as it offers moisturizing and skin-softening properties.
By Application:
Cosmetics
Food
Pharmaceuticals
Others
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Europe enjoys a leading position in the squalene market on account of increasing preferences for natural and sustainable ingredients.
Global Squalene Market Trends:
More people are learning about the benefits of squalene, thereby driving the market growth. Squalene, with its antioxidant properties, fights free radicals, preventing cell damage and aging. Its hydrating and repairing properties make it a favorite in skincare products. As consumers become more conscious, the demand for squalene in health and beauty products increases.
In addition, the trend towards certified organic squalene among eco-friendly consumers is also fueling growth. Additionally, supportive regulation and approvals for the use of squalene in various products are further driving the market.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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