The global squalene market is anticipated to grow at a considerable CAGR of 9.1% during the forecast period. According to Cosmetic Info, squalene is found in large quantities in shark liver oil, and in smaller amounts in olive oil, wheat germ oil, rice bran oil, yeast, and in various other foodstuffs. It is the principal hydrocarbon of human surface lipids. It constitutes up to 11.0% of total surface fat and approximately 5.0% of adult skin surface sebum. In higher vertebrates and humans, it is a precursor of cholesterol. According to Cosmetic Europe, the personal care association, cosmetics, and personal care industry was valued at $94.4 billion at retail sales price in 2021.
Browse the full report description of “Squalene Market Size, Share & Trends Analysis Report by Type (Animal-Sourced, Vegetable-Sourced, and Biosynthetic), and by End-Use (Cosmetics, Pharmaceuticals, Food & Beverages, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/squalene-market
Moreover, according to the same source, squalene act as a lubricating skin conditioning agent, which gives the skin a soft, smooth appearance, as well as a hair conditioning agent. According to the 2020 US Food and Drug Administration (FDA) Voluntary Cosmetic Registration Program (VCRP) database, squalene and squalene were used in 3,043 and 539 formulations respectively. Squalene is beneficial for anti-oxidation, anti-aging, immune system boosting, UV defense, and many others and thus has a wide variety of uses in the cosmetics, pharmaceuticals, and food industries. The growing application of squalene in these industries is boosting the growth of the global squalene market. For instance, According to Oxford Vaccine Group, MF59, an adjuvant that strengthens and increases the immune response is added to the flu vaccine Fluad which was introduced in the 2018-19 flu season in the UK for adults aged 65 and older. The main ingredient in MF59 is squalene oil, naturally-occurring oil found in humans, plants, and animals. The squalene oil in MF59 comes from fish oil and is highly purified before it is used.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By End-Use
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Amyris, Inc., SOPHIM, Henry Lamotte Oils GmbH, KURARAY CO., LTD., Croda International Plc, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Squalene Market Report Segment
By Type
By End-Use
Global Squalene Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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