As of 2022, the Squalene Market Industry exhibited robust performance with a valuation of USD 136 million, poised for substantial growth as it targets USD 302.29 million by 2030. This anticipated expansion underscores an impressive Compound Annual Growth Rate (CAGR) of 10.5% over the forecast period from 2023 to 2030.
Squalene, a natural compound sourced primarily from shark liver oil or plant-derived alternatives like olive oil, holds a pivotal role in various industries, including cosmetics, pharmaceuticals, and health supplements. The market's ascent is propelled by an increasing awareness of the compound's numerous benefits, including its moisturizing and antioxidant properties, driving its incorporation into a diverse range of products.
Key factors contributing to the optimistic outlook of the Squalene Market include the growing demand for natural ingredients in cosmetics and skincare products. As consumers prioritize sustainable and eco-friendly options, plant-derived squalene gains prominence as a viable alternative to animal-derived sources. The pharmaceutical sector also contributes significantly to market growth, with squalene being explored for its potential health benefits.
Technological advancements in extraction methods and the expansion of cultivation practices for plant-derived squalene contribute to the market's evolution. Geographically, the market's growth is expected to be widespread, with key regions playing pivotal roles in contributing to the overall market value.
In summary, the Squalene Market is positioned for significant expansion, driven by increasing consumer awareness, a shift towards natural ingredients, and ongoing innovations in extraction technologies. As industries continue to prioritize sustainable practices, the market is poised to play a crucial role in meeting the demand for natural and versatile compounds in various applications.
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Key Players:
The major key players are Amyris, Inc., Sophim SAS, Henry Lamotte Oils GmbH, efpbiotek, Vestan Limited, Kuraray Co., Ltd., Croda International Plc, AASHA BIOCHEM, Arbee, Oleicfat S.L., Kishimoto Special Liver Oil Co., Ltd., and other players.
MARKET SEGMENTATION:
On the basis of Source, the Squalene Market is further segmented into Animal, Plant, Biosynthetic
On the basis of End-use, the Squalene Market is further bifurcated into Pharmaceuticals, Personal Care & Cosmetics, Nutraceuticals, Food & Beverages, and Others.
By Source
- Animal
- Shark Liver Oil
- Other Animals
- Plant
- Amaranth Oil
- Olive Oil
- Rice Bran Oil Plants
- Other Amaranth Oil
- Biosynthetic
By End-use
- Pharmaceuticals
- Personal Care & Cosmetics
- Nutraceuticals
- Food & Beverages
- Others
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Table of Content
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model Textile Chemicals Market
7. PEST Analysis
8. Emulsion Squalene Market Industry By Product Type
9.Emulsion Squalene Market Industry By End-user
10.Emulsion Squalene Market Industry By Application
11.Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion
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