Global Squalane Market
Global squalane market by product (animal-based squalane, biosynthetic squalane, plant-derived squalane), by application (cosmetics, dietary supplements, pharmaceuticals, others), by region (Asia Pacific, Europe, North America, Rest of the World (RoW)), industry snapshot, 2022-2028
Squalane is derived by hydrogenation of squalene. It is naturally present in the skin lipid barrier of plants, animals and humans, preventing moisture loss while restoring skin’s suppleness and flexibility. In contrast to squalene, due to the complete saturation of squalane, it is not subject to auto-oxidation. This fact, coupled with lower costs associated with squalane, make it desirable in cosmetic applications. Squalene is a high-end, oil-free moisturizing ingredient used in many cosmetics that, until recently, was extracted primarily from the liver of deep sea sharks. Squalene is quickly absorbed into the skin without leaving an oily residue and also mixes well with other oils, which will augment its demand in personal care and cosmetic products. Squalene is also used in the manufacture of vaccines. The global squalane market is likely to register a CAGR of over 8.4% with an incremental growth of USD 97 million during the forecast period 2022-2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, application, and region. The global market data on squalane can be segmented by product: animal-based squalane, biosynthetic squalane, plant-derived squalane. Squalane market is further segmented by application: cosmetics, dietary supplements, pharmaceuticals, others. Based on region, the squalane market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
The global squalane market is highly competitive. As of 2021, the major players in the global squalane market were Amyris Inc., Arbee Biomarine Extracts Pvt. Ltd., Efp Biotek, Kishimoto Special Liver Oil Co. Ltd., Maruha Nichiro Corporation, Nucelis LLC, Sophim S.A., Vestan SA, Yichun Dahaigui Life Science Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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Global Squalane Market