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:
The personal care product market is expanding. This growth is driven by a rising demand for natural and organic products. Consumers are increasingly aware of the health risks of synthetic ingredients. As a result, they are turning to natural alternatives. Squalene, found in olives and sugarcane, is now popular for its moisturizing properties. Cosmetic companies are incorporating squalene into their skincare and haircare products. Additionally, the clean beauty trend, which emphasizes transparency and natural ingredients, is also fueling market growth.
● Growth in the Pharmaceutical Industry:
Squalene enhances the immune response, making it crucial for vaccines. Its market is expanding due to increased vaccine development and immunization efforts. Moreover, its antioxidant and anti-inflammatory properties are boosting its use in health products. The rise in chronic diseases and a shift towards preventive care are also driving market growth. Meanwhile, companies are investing in research to discover new applications for squalene.
● 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 squalene's benefits, boosting market growth. Squalene, with its antioxidant properties, fights free radicals, preventing cell damage and aging. Its hydrating and repairing qualities make it a favorite in skincare products. As consumers become more aware, demand for squalene in health and beauty products rises.
Moreover, the trend towards certified organic squalene among eco-friendly consumers is also driving growth. Additionally, supportive regulations and approvals for squalene's use in various products are further propelling the market.
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