Squalene market is anticipated to grow at a considerable CAGR of 9.1% during the forecast period. According to UN trade and development experts UNCTAD, the e-commerce sector saw a prominent rise in its share of all retail sales, from 16% to 19% in 2020-2021. Thus, the growth of the squalene market is attributed to factors such as the proliferation of squalene-based products due to the rapid expansion of e-commerce industries across the region. Furthermore, the growing launches of new and innovative products by market players is another factor bolstering the demand for the squalene market. For instance, in December 2020, SOPHIM launched a natural emollient named Phytosqualan, which is a high-quality squalene produced from an unsaponifiable fraction of olive oil, and fatty acids and has applications in cosmetics such as face creams, dry oils for body care, makeup and skin care.
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The global squalene market is segmented based on type and end-use. Based on type, the market is segmented into animal-sourced, vegetable-sourced, and biosynthetic. Based on the end-use, the market is sub-segmented into cosmetics, pharmaceuticals, food & beverages, and others. Among the end-use segment, the cosmetics sub-segment is anticipated to register significant growth during the forecast period. The growing use of squalene in cosmetic products due to its beneficial effects such as anti-oxidation, anti-aging, and others is the major factor driving the market growth.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Squalene Market by Type
- Animal-Sourced
- Vegetable-Sourced
- Biosynthetic
Global Squalene Market by End-Use
- Cosmetics
- Pharmaceuticals
- Food & Bevereges
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aasha Biochem
- Advonex International Corp.
- Amyris, Inc.
- Arbee group
- Arista Industries, Inc.
- Blueline Foods (India Pvt. Ltd.)
- Carbomer, Inc.
- Cibus, Ltd.
- Clariant AG
- Coastal Group
- Croda International Plc
- efpbiotek
- Empresa Figueirense De Pesca, LDA
- Evonik Industries
- Henry Lamotte Oils GmbH
- Issho Genki International Inc.
- KISHIMOTO SPECIAL LIVER OIL CO., LTD.
- KURARAY CO., LTD.
- Maypro Group
- Merck KGAA
- NZ green health ltd.
- Oleicfat, s.l.
- Otto chemie pvt. ltd
- SOPHIM
- SpecialChem S.A. (Caroi’line cosmetica)
- Tianjin Winning Health Products ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global squalene market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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