Press release
Squalene Market size is expected to reach USD 233.24 Million by 2030, as per Maximize Market research
The Global Squalene Market size was valued at USD 151.08 Million in 2023 and the total Squalene revenue is expected to grow at a CAGR of 6.4% from 2023 to 2030, reaching nearly USD 233.24 Million by 2030.Squalene Market Overview
Squalene is a naturally occurring compound found in both plants and animals. It serves as a building block for steroids and offers potential health benefits.
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Squalene Market drivers
The increased interest in natural ingredients from consumers is driving the Squalene Markets growth. The potential health benefits offered by Squalene, followed by moisturizing and anti-aging properties have made it a sought-after ingredient in skincare products. With the shift towards plant based squalene formulations and pharmaceuticals use of it will ensure further growth in the forecast period.
Squalene Market restraints
The traditional method harms shark populations and disrupts marine ecosystems. Conservation efforts urge for alternative options, which may affect the growth until a definite solution is found.
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Squalene Market trends
Squalene's stability and biocompatibility make it suitable for emulsions in vaccines and drugs. Squalene-based adjuvants like MF59 are used in vaccines to enhance immune response. Concerns about overfishing and shark conservation are driving interest in plant-based squalene sources like olive oil, amaranth, and wheat germ. This aligns with the growing "green beauty" movement.
Squalene Market regional development
Europe dominates due to large-scale olive oil production and high demand in major economies. The Asia Pacific region is expected to grow significantly due to increasing awareness and economic development.
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Recent News about Squalene market
27/9/2024 Plant-based Squalene Improves Growth & Reduces Oxidative Stress in Piglets
5/8/2024 Researchers study production of squalene from poplar trees as an alternative to harvesting it from shark livers
1/8/2022 Amyris starts squalene production at plant in Brazil
29/12/2024 Evonik launches plant-derived squalene
Squalene Market Segmentation
by Product
Animal
Plant
Synthetic
by Type
Animal
Vegetable Source
Biosynthetic
by End-use Industry
Pharmaceuticals
Personal Care & Cosmetics
Nutraceuticals
Food & Beverages
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Squalene Market Key Players
1. Amyris, Inc.
2. Sophim SAS
3. Henry Lamotte Oils Gmb
4. Hefpbiote
5. Vestan Limited
6. Kuraray Co. LTD.
7. Croda International Plc
8. Aasha Biochem; Arbee
9. Oleicfat
10. Kishimoto Special Liver Oil Co., Ltd.
11. SaDragon Marine Oils Limited (New Zealand)
12. New Zealand Green Health Ltd. (New Zealand)
13. Rlr Squalene (Philippines)
14. Isho Genki International (Australia)
Key questions answered in the Squalene Market are:
• What is the study period of the market?
• What is the growth rate of the Squalene Market?
• What is the market size of the Squalene Market by 2030?
• What is the forecast period for the Squalene Market?
• what products have squalene
Key Offerings:
• Past Squalene Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Squalene Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o § Competitive landscape - Squalene Market Leaders, Market Followers, Regional player
o § Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
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