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The global squalene market reached a value of about USD 140 million in 2020. The industry is further expected to grow at a CAGR of about 7% in the forecast period of 2023-2028 to reach a value of around USD 207 million by 2026.
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Based on application, the cosmetics segment dominates the global squalene industry and is slated to witness a substantial growth in the forecast period. This growth can be attributed to the rising demand for anti-aging or rejuvenating creams, particularly among women. The increasing demand for squalene in products for skin care and hair care is significantly contributing to the industry growth. Moreover, the several health benefits of the product are likely to spur the market growth. It has antibacterial and antioxidant properties and prevents skin damage and promotes cell growth at the same time. Additionally, the proliferating investments by the major players are also expected to propel the overall market growth.
Europe accounts for a significant share in the industry and is expected to witness a rapid growth in the forecast period owing to the rising demand for squalene in the cosmetics and personal care industry. The high consumer purchasing power, increased focus on appearance and grooming, and rising demand for premium cosmetics are expected to facilitate the demand for squalene. The developing pharmaceutical industry is further fuelling the demand for squalene in the region.
Squalene refers to an unsaturated hydrocarbon chemical, which is extracted from shark liver and is used in various industries, like cosmetics, nutraceutical, and healthcare. It is considered as the best moisturising agent.
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Based on source, the market is divided into:
By application, the industry is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The industry is being driven by the growing demand for squalene in various industries, particularly cosmetics. The escalating use of squalene as a moisturiser is enhancing the industry growth. The growing awareness about detoxifying, hydrating, and emollient properties of the product, coupled with its several health benefits, such as rejuvenation of white blood cells, stimulation of immune system, and others, is favouring the growth of the industry. Furthermore, the proliferating use of squalene in the pharmaceuticals and food supplements industry is aiding the market growth. Squalene is immensely used in pharmaceutical industry as it reduces carcinogen and cholesterol level and helps in treatment of cancer and cardiovascular diseases. Other factors like rapid urbanisation and escalating disposable incomes are driving the sales of cosmetics and health supplements, which, in turn, is also aiding market growth.
Over the forecast period, the proliferating demand for natural and organic ingredients and attractive packaging options by major industry players are expected to further trigger the market growth.
The report gives a detailed analysis of the following key players in the global squalene market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Application, Region |
Breakup by Source | Shark Liver, Vegetable, Biosynthetic |
Breakup by Application | Cosmetics, Food, Pharmaceuticals, Others |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Amyris, Inc., Empresa Figueirense de Pesca, Lda,, Arbee Bio Marine Extracts Pvt Ltd, Sophim, Nucelis, Gracefruit Limited., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Squalene Market Analysis
8.1 Key Industry Highlights
8.2 Global Squalene Historical Market (2018-2022)
8.3 Global Squalene Market Forecast (2023-2028)
8.4 Global Squalene Market by Source
8.4.1 Shark Liver
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Vegetable
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Biosynthetic
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Squalene Market by Application
8.5.1 Cosmetics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Food
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Squalene Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 Australia
9.3.3.5 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operations Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Amyris, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Empresa Figueirense de Pesca, Lda,
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Arbee Bio Marine Extracts Pvt Ltd
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Sophim
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Nucelis
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Gracefruit Limited.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Squalene Market: Key Industry Highlights, 2018 and 2028
2. Global Squalene Historical Market: Breakup by Source (USD Billion), 2018-2022
3. Global Squalene Market Forecast: Breakup by Source (USD Billion), 2023-2028
4. Global Squalene Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Squalene Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Squalene Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Squalene Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Squalene Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Squalene Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Squalene Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Squalene Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Squalene Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Squalene Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Squalene Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Squalene Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Squalene Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Squalene Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Squalene Market Structure
In 2020, the global squalene market attained a value of nearly USD 140 million.
The market is projected to grow at a CAGR of 7% between 2023 and 2028.
The major drivers of the market include the health benefits, proliferating use of squalene in the pharmaceuticals and food supplements industry, rapid urbanisation, escalating disposable incomes, proliferating demand for natural and organic ingredients, attractive packaging options, high consumer purchasing power, and increased focus on appearance and grooming.
The growing demand for squalene in various industries, particularly cosmetics and the growing awareness about detoxifying, hydrating, and emollient properties of the product are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Shark liver, vegetable, and biosynthetic are the sources of squalene in the market.
The major applications are cosmetics, food, and pharmaceuticals, among others.
The major players in the industry are Amyris, Inc., Empresa Figueirense de Pesca, Lda, Arbee Bio Marine Extracts Pvt Ltd, Sophim, Nucelis, and Gracefruit Limited., among others.
The global squalene market attained a value of nearly USD 140 million in 2020, driven by the growing demand for squalene in various industries, particularly cosmetics. Aided by proliferating use of squalene in the pharmaceuticals and food supplements industry, and proliferating demand for natural and organic ingredients, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 7%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Shark liver, vegetable, and biosynthetic are the sources of squalene in the market. The major applications are cosmetics, food, and pharmaceuticals, among others. The major regional markets for squalene are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Amyris, Inc., Empresa Figueirense de Pesca, Lda, Arbee Bio Marine Extracts Pvt Ltd, Sophim, Nucelis, and Gracefruit Limited., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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