Squalene Market Forecast: Emerging Applications in Skincare, Pharmaceuticals, and Nutraceuticals

Squalene is a naturally occurring organic compound classified as a triterpene. It is widely found in plant oils, shark liver oil, and human sebum. Squalene serves as a crucial intermediate in cholesterol biosynthesis and is widely used in various industries, including cosmetics, pharmaceuticals, and nutraceuticals. Due to its excellent moisturizing, antioxidant, and immune-boosting properties, squalene has become a highly sought-after ingredient in skincare products, vaccines, and dietary supplements. The global squalene market size is projected to reach USD 202 million by 2028, at a CAGR of 6.3%, between 2023 and 2028. This report provides a comprehensive analysis of the industry, including squalene market size, trends, drivers and constraints, Competitive Aspects, and prospects for future growth.

Uses of Squalene in Industry

Squalene's unique chemical properties make it valuable in multiple industries. Below are some of its key applications:

⏩ Cosmetics and Personal Care

• Squalene is a key ingredient in skin care and hair care products due to its excellent moisturizing and anti-aging properties.
• It acts as an emollient, helping to soften and hydrate the skin, making it a common ingredient in face creams, lotions, and serums.
• Due to its similarity to human sebum, squalene is easily absorbed and enhances the skin barrier, preventing moisture loss.

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⏩ Pharmaceuticals and Vaccines

• Squalene is used as an adjuvant in vaccines to enhance immune response. It is a crucial component in vaccine formulations, including flu vaccines.
• It has anti-inflammatory and antioxidant properties, which contribute to its potential use in treating various diseases, including cancer and cardiovascular disorders.
• Some studies suggest that squalene may have neuroprotective benefits and could play a role in brain health supplements.

⏩ Nutraceuticals and Dietary Supplements

• Squalene is consumed as a dietary supplement for its potential health benefits, including boosting immunity, reducing oxidative stress, and improving heart health.
• It is found in omega-3 supplements derived from shark liver oil and plant-based sources such as olives and amaranth oil.
• Squalene is believed to support liver function and contribute to overall well-being.

⏩ Food and Beverage Industry

• Some food manufacturers use squalene as a natural antioxidant to extend the shelf life of products.
• It is sometimes included in functional foods for its reported health benefits.

⏩ Industrial and Biotechnology Applications

• In the biotechnology industry, squalene is used in lipid-based drug delivery systems.
• Research is ongoing for its applications in nanotechnology and sustainable biofuels.

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Top 10 Key Players in the Squalene Market

The global squalene market is driven by rising demand in the pharmaceutical and cosmetics industries. Key players in the market focus on sustainable production, especially plant-based and biosynthetic alternatives, to replace shark-derived squalene. Below are the top 10 leading companies:

☑️ Amyris, Inc. (USA)

• A pioneer in biosynthetic squalene production using sugarcane fermentation.
• Strong focus on sustainability and eco-friendly alternatives.

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

• A major producer of shark liver oil-derived squalene.
• Supplies to pharmaceutical and nutraceutical markets.

☑️ Sophim (France)

• Specializes in plant-based squalene derived from olive oil.
• Strong presence in the European cosmetics industry.

☑️ Nucelis (USA)

• Uses biotechnology to produce sustainable, non-animal-derived squalene.
• Focuses on pharmaceutical and vaccine applications.

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☑️ Arista Industries, Inc. (USA)

• A leading supplier of natural squalene sourced from marine and plant-based origins.
• Supplies to the personal care and dietary supplement industries.

☑️ Empresa Figueirense De Pesca, Lda. (Portugal)

• Produces high-quality squalene derived from deep-sea shark liver oil.
• Serves pharmaceutical and nutraceutical industries.

☑️ SeaDragon Marine Oils Limited (New Zealand)

• Specializes in marine oil extraction, including shark liver oil-based squalene.
• Supplies squalene for health supplements and cosmetics.

☑️ EFP Biotek (Portugal)

• A major supplier of plant-based and animal-derived squalene.
• Focuses on sustainable production for cosmetic applications.

☑️ Croda International Plc (UK)

• Develops high-purity squalene for skincare, personal care, and pharmaceutical applications.
• Focuses on sustainable sourcing and alternative production methods.

☑️ Gracefruit Limited (UK)

• Supplies squalene primarily for cosmetic and skincare applications.
• Offers plant-based squalene to meet vegan and cruelty-free demands.

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Regional Analysis of the Squalene Market

 ➥ North America

• The United States dominates the market, driven by strong demand from the pharmaceutical and cosmetics industries.
• The shift toward sustainable and biosynthetic squalene is growing, with companies like Amyris leading the way.

 ➥ Europe

• Europe is a major market, with France, Germany, and the UK being key consumers.
• The demand for plant-based squalene is rising due to stringent regulations against shark-derived squalene.

 ➥ Asia-Pacific

• Japan and China are major producers and consumers of squalene, especially in the personal care and nutraceutical segments.
• Increased awareness of health benefits is driving demand for dietary supplements.

 ➥ Middle East & Africa

• The market is growing slowly, with demand mainly concentrated in premium skincare and health supplements.
• Regulatory policies are shaping the adoption of sustainable alternatives.

 ➥ Latin America

• Brazil and Mexico are emerging markets for squalene in cosmetics and dietary supplements.
• The market is expected to grow as awareness of natural skincare and wellness products increases.

Conclusion

Squalene is a highly versatile compound with widespread applications in cosmetics, pharmaceuticals, and nutraceuticals. As industries shift toward sustainable and plant-based alternatives, the market is witnessing significant innovation and growth. With increasing demand for natural and cruelty-free products, companies focusing on biosynthetic and plant-derived squalene are expected to gain a competitive edge in the evolving market landscape.

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⏩ 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐨𝐮𝐫 𝐫𝐞𝐩𝐨𝐫𝐭 𝐬𝐜𝐨𝐩𝐞?

This report is centred around the Global Squalene in the global market, with a specific focus on North America, Europe, Asia-Pacific, South America, Middle East, and Africa. The report classifies the market by manufacturers, regions, type, and application.

It presents a comprehensive view of the current market situation, encompassing historical and projected market size in terms of value and volume. Additionally, the report covers technological advancements and considers macroeconomic and governing factors influencing the market.

⏩ 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:

Most research studies use a combination of both primary and secondary research methods to ensure comprehensive and accurate data analysis. The specific methodology used in a Global Squalene market research study will depend on various factors such as the research objectives, the target audience, and the available resources.

⏩ 𝐃𝐞𝐞𝐩-𝐝𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Report provides deep-dive qualitative and quantitative analysis on Squalene Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Squalene Market on each country.