In terms of value, the squalene market is estimated to grow from USD 141 million in 2022 to USD 202 million by 2028, at a CAGR of 6.34%. study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand squalene market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Squalene is a natural organic compound that is a type of hydrocarbon and is found in various sources, including shark liver oil, plant oils, and others. According to certain studies, squalene have potential health advantages. Due to its purported antioxidant and anti-inflammatory characteristics, it is occasionally marketed as a dietary supplement.
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Squalene are used in various end-use industries including cosmetics, pharmaceuticals, food and others. Squalene is a natural emollient and moisturiser. As a result of its striking resemblance to the skin’s natural sebum, it makes a fantastic ingredient for skincare products. It aids in moisture retention, avoiding dryness and keeping the suppleness of skin.
Biosynthetics is projected to register the highest CAGR, in terms of value, of the global squalene during the forecast period.
An environmentally friendly substitute for conventional sources of squalene, including shark liver oil, is biosynthetic squalene. The need for materials obtained responsibly has increased as environmental and social issues become more prominent. Squalene can be produced by biosynthesis without having an adverse effect on the environment, as is the case with conventional extraction techniques. All these factors are expected to drive the demand for biosynthetic sourced squalene during the forecast period.
Cosmetics is estimated to be the largest end-use industry of the squalene, in terms of value, during the forecast period.
The cosmetics segment is estimated to be the largest end-use industry of the squalene market during the forecast period. Squalene has antioxidant properties, which can help protect the skin from oxidative stress and free radical damage. This makes it a valuable ingredient in anti-aging skincare products, as it can help reduce the appearance of fine lines and wrinkles. Increasing demand for cosmetic products specially skin and hair care products is expected to fuel the demand for squalene in cosmetics end-use industry.
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North America is estimated to be the second-largest market for the squalene market, in terms of value, during the forecast period.
The demand for squalene in North America has been influenced by several factors, including its applications in various industries such as cosmetics, skincare, pharmaceuticals, and dietary supplements. North America has a significant cosmetics and skincare market. Squalene is a sought-after ingredient in these industries due to its moisturizing and skin-conditioning properties. It is commonly used in a wide range of beauty products, including moisturizers, serums, and anti-aging treatments. Its use and demand in North America have been helped by regulatory approvals for squalene-based adjuvants and ingredients in cosmetics and pharmaceuticals.
Squalene Companies
The key players profiled in the report include Amyris, Inc (US), SOPHIM (France), Merck KGaA (Germany), Kishimoto Special Liver Oil Co., Ltd. (Japan), Empresa Figueirense De Pesca (Portugal), Arbee (India), Cibus (US), Otto Chemie Pvt. Ltd. (India), Arista Industries (US), and Oleicfat s.l. (Spain). The squalene market is witnessing growth in the past few years; new technologies drive the growth of this market. Market players are introducing new technologies and features to acquire larger market shares.
Merck KGaA operates in a wide range of sectors and offers various products in pharmaceutical and biological prescription drugs to treat cancer, multiple sclerosis (MS), infertility, and growth disorders; cardiovascular and metabolic diseases tools; research-grade chemicals; and equipment for academic labs, biotech, and biopharmaceutical sectors. The company’s business can be divided into three main divisions: Healthcare, Life Science, and Electronics. Merck KGaA has a global presence in Europe, North America, Latin America, Africa and Middle East.
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Amyris, Inc. is a biotechnology company based in Emeryville, California, United States. The company specializes in synthetic biology and produces a wide range of sustainable and renewable products, primarily using microorganisms and genetic engineering. Amyris Inc operates through three business segments namely; renewable products, licenses and royalties, and collaborations, grants and other. It offers squalene through the renewable products segment. The products of the Amyris Inc., reach more than 300 million consumers in South America, North America, Europe, and Asia Pacific.
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