Squalene Market: Global Industry Research Report 2020-2027 | Envisage Research
Envisage report cover

Squalene Market - By Source (Synthetic Biotechnology, Vegetable, Shark Liver), By End User (Cosmetics, Skin Care, Hair Care, Fragrance, Food Supplements, Health Care, Cancer Treatment, Skin Health, Heart Disease) and By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027

Published Date: May 2021

No. of Pages: 194

Status: Published

Report Code: EMR100540

The squalene market size is projected to reach USD 213 million by 2027 from USD 129 million in 2020, at a CAGR of 7.4 %. Owing to rising awareness regarding its health benefits, t 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. The growth of the cosmetics industry can be attributed to factors such as rising demand for natural and organic ingredients and attractive marketing and packaging strategies by multinationals. These factors are likely to promote industry expansion.

High prevalence of cancer and cardiovascular diseases is anticipated to propel the demand for squalene in pharmaceutical end users as it reduces carcinogen and cholesterol levels. However, fluctuation in raw material supply owing to strict government regulations on shark poaching and health controversies related to the use of squalene in pharmaceuticals is expected to hamper growth over the forecast period.

Nevertheless, advancements in extraction methods, coupled with the development of vegetable and synthetic sources, are anticipated to have a positive impact on the squalene market. Recent end user of the product as a vaccine adjuvant in Europe to stimulate the human body’s immune response is expected to provide further opportunities for market expansion.

his has resulted in its increasing usage in pharmaceuticals, food supplements, and cosmetics. Squalene is a chemical compound naturally found in shark liver oil and other vegetable sources, including olive oil, rice bran oil, and wheat germ oil.

The market is expected to grow substantially over the forecast period on account of its nutritional and health benefits, such as white blood cell rejuvenation, immune system stimulation, anti-carcinogen, and antioxidant properties. Increasing usage of the product as a cleansing and moisturizing compound in personal care and cosmetic products such as creams, lotions, lipsticks, bath oils, sunscreens, hair conditioners, and foundations will propel industry growth over the forecast period.

The key market players profiled in the report include as Sophim (France), Amyris (US), Arista Industries Inc. (US), SeaDragon Marine Oils Limited (New Zealand), Nucelis LLC (US), Ekiz Olive Oil & Soap Inc. (Turkey), Kishimoto Special Liver Oil Co. Ltd. (Japan), EmpresaFigueirense De Pesca, Lda (Portugal), ArbeeBiomarineExtractsPvt. Ltd. (India), and New Zealand GreenHealth Limited (New Zealand).

Kishimoto Special Liver Oil Co. Ltd. (KSLO) is one of the leading producers of shark liver oil-based squalene. The company offers products, namely, squalene and squalane. It manufactures these products and exports/imports chemicals, food, and other materials. KSLO serves the Asia-Pacific market and has a considerable presence in the region.

Analyst Commentary

The growth in cosmetics and pharmaceuticals industry coupled with the awareness regarding beneficial properties of squalene on human health are the major factors driving the growth of the squalene market. Increasing R&D in the oncology segment along with increasing spending on oncology medicines is expected to drive the market for squalene in the coming years.

The growth in the pharmaceutical industry is expected to be a major driver for squalene demand in the future. Increasing R&D in the oncology segment, along with increasing spending on oncology medicines, is expected to drive the market. The global pharmaceuticals sales were around USD 1000 billion in 2019, and it is expected to further grow with 6-7% during the forecast period. An additional sale of pharmaceuticals from orphan drugs is expected by 2027.

In addition, the rising cosmetic industry in emerging markets such as Brazil, China, and India; increasing consumer awareness about the usage of high-quality cosmetic products; and willingness to pay premium prices are driving the cosmetic industry at the global level. Therefore, squalene has wide usage in this industry.

Based on end-use industry, the squalene market has been segmented into cosmetics, food pharmaceuticals, and others. The cosmetics segment is estimated to register the highest growth in terms of value and volume of the global squalene market. The demand for squalene is very high in cosmetics across the globe, mainly due to the rising consumer awareness of using high-quality products and a willingness to pay a premium price for the products. Also, the increasing awareness of dangers related to exposure to the sun is another factor contributing to the growth in the squalene market in the skincare sector.

Segmentation

The squalene market is segmented based on source, end user and region. On the basis of End User, the market is segmented into Cosmetics, Skin Care, Hair Care, Fragrance, Food Supplements, Health Care, Cancer Treatment, Skin Health, Heart Disease. On the basis of source, the market is segmented into Synthetic Biotechnology, Vegetable, Shark Liver.

Regional Analysis

Europe is the largest regional market, accounting for a major share of the global volume in 2015, and will witness significant growth in the coming years. This is on account of mounting demand for plant-derived ingredients in cosmetic and personal care products, especially in France, Germany, and Italy. Urbanization, higher spending power, and growing awareness regarding appearance and grooming are also expected to propel squalene demand over the forecast period. Increasing aging population, coupled with rising dietary supplements demand in Russia, Italy, and Romania, will stimulate industry expansion.
Asia Pacific is expected to witness the fastest volume growth at a healthy CAGR owing to rising cosmetics sector in India, China, South Korea, Indonesia, and Malaysia. Increasing demand for dietary supplements in these countries in light of rising disposable income, changing lifestyles, and growing health awareness will augment industry size.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Engine Powered of Suppliers
3.7.2. Bargaining Engine Powered of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Squalene Market
Chapter 5. Global Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
5.1. Global Squalene Market Share, By Source, 2015 - 2027 (USD Million)
5.1.1. Cosmetics
5.1.1.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.2. Skin care
5.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.3. Hair care
5.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.4. Fragrance
5.1.4.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.5. Food supplements
5.1.5.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.5.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.6. Health care
5.1.6.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.6.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 6. Global Squalene Market Overview, By End User, 2015 - 2027 (USD Million)
6.1. Global Squalene Market Share, By End User, 2015 - 2027 (USD Million)
6.1.1. Synthetic biotechnology
6.1.1.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.2. Vegetable
6.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.3. Shark liver
6.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.4. Others
6.1.4.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 7. Global Squalene Market Overview, By Geography, 2015 - 2027 (USD Million)
7.1. Global Squalene Market Share, By Geography, 2015 - 2027 (USD Million)
7.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Million)
7.1.2. Market Share and CAGR Comparison, by Countries, 2020 & 2027 (%)
Chapter 8. North America Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
8.1. North America Squalene Market Overview, 2015 - 2027 (USD Million)
8.1.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.2. North America Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
8.1.3. North America Squalene Market Overview, By End User, 2015 - 2027 (USD Million)
8.1.4. North America Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
8.1.4.1. U.S. Squalene Market Overview, 2015 - 2027 (USD Million)
8.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.4.1.2. U.S. Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
8.1.4.1.3. Other Segments
8.1.4.2. Canada Squalene Market Overview, 2015 - 2027 (USD Million)
8.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.4.2.2. Canada Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
8.1.4.2.3. Other Segments
8.1.4.3. Mexico Squalene Market Overview, 2015 - 2027 (USD Million)
8.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.4.3.2. Mexico Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
8.1.4.3.3. Other Segments
Chapter 9. Europe Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1. Europe Squalene Market Overview, 2015 - 2027 (USD Million)
9.1.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.2. Europe Squalene Market Overview, By Sources, 2015 - 2027 (USD Million)
9.1.3. Europe Squalene Market Overview, By End User, 2015 - 2027 (USD Million)
9.1.4. Europe Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1.4.1. Germany
9.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.1.2. Germany Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
9.1.4.1.3. Others Segments
9.1.4.2. France
9.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.2.2. France Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
9.1.4.2.3. Others Segments
9.1.4.3. UK
9.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.3.2. UK Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
9.1.4.3.3. Others Segments
9.1.4.4. Italy
9.1.4.4.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.4.2. Italy Squalene Market Overview, By Source 2015 - 2027 (USD Million)
9.1.4.4.3. Others Segments
9.1.4.5. Spain
9.1.4.5.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.5.2. Spain Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
9.1.4.5.3. Others Segments
9.1.4.6. Rest of Europe
9.1.4.6.1. Market size and projections, 2015 – 2025
9.1.4.6.2. Rest of Europe Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
9.1.4.6.3. Others Segments
Chapter 10. Asia Pacific Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1. Asia Pacific Squalene Market Overview, 2015 - 2027 (USD Million)
10.1.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.2. Asia Pacific Squalene Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.3. Asia Pacific Squalene Market Overview, By End User, 2015 - 2027 (USD Million)
10.1.4. Asia Pacific Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1.4.1. India
10.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.1.2. India Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
10.1.4.1.3. Other Segments
10.1.4.2. China
10.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.2.2. China Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
10.1.4.2.3. Other Segments
10.1.4.3. Japan
10.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.3.2. Japan Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
10.1.4.3.3. Other Segments
10.1.4.4. South Korea
10.1.4.4.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.4.2. South Korea Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
10.1.4.4.3. Other Segments
10.1.4.5. Rest of Asia Pacific
10.1.4.5.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.5.2. Rest of Asia Pacific Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
10.1.4.5.3. Other Segments
Chapter 11. Middle East & Africa Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1. Middle East & Africa Squalene Market Overview, 2015 - 2027 (USD Million)
11.1.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.2. Middle East & Africa Squalene Market Overview, By Sources, 2015 - 2027 (USD Million)
11.1.3. Middle East & Africa Squalene Market Overview, By End User, 2015 - 2027 (USD Million)
11.1.4. Middle East & Africa Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1.4.1. GCC
11.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.4.1.2. GCC Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
11.1.4.1.3. Other Segments
11.1.4.2. South Africa
11.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.4.2.2. South Africa Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
11.1.4.2.3. Other Segments
11.1.4.3. Rest of Middle East & Africa
11.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.4.3.2. Rest of Middle East & Africa Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
11.1.4.3.3. Other Segments
Chapter 12. South America Squalene Market Overview, By Countries, 2015 - 2027 (USD Million)
12.1. South America Squalene Market Overview, 2015 - 2027 (USD Million)
12.1.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.2. South America Squalene Market Overview, By Sources, 2015 - 2027 (USD Million)
12.1.3. South America Squalene Market Overview, By End User, 2015 - 2027 (USD Million)
12.1.4. South America Squalene Market Overview, By Countries, 2015- 2026 (USD Million)
12.1.5. Brazil
12.1.5.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.5.2. Brazil Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
12.1.5.3. Other Segments
12.1.6. Argentina
12.1.6.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.6.2. Argentina Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
12.1.6.3. Other Segments
12.1.7. Rest of South America
12.1.7.1. Market size and projections, 2015 – 2027
12.1.7.2. Rest of South America Squalene Market Overview, By Source, 2015 - 2027 (USD Million)
12.1.7.3. Other Segments
Chapter 13. Competitive Landscape
13.1. Competitive environment, 2020
13.2. Strategic framework
13.2.1. Partnership/agreement
13.2.2. Expansion
13.2.3. Mergers & Acquisitions
13.2.4. New Distribution channel development
Chapter 14. Key Vendor Analysis
14.1. Sophim
14.1.1. Company overview
14.1.2. Financial performance
14.1.3. Distribution channel Benchmarking
14.1.4. Recent initiatives
14.1.5. SWOT analysis
14.2. Amyris
14.2.1. Company overview
14.2.2. Financial performance
14.2.3. Distribution channel Benchmarking
14.2.4. Recent initiatives
14.2.5. SWOT analysis
14.3. Arista Industries
14.4. Sea Dragon marine Oils Limited
14.5. Nucelis LLC
Chapter 15. Squalene Market Cost Analysis
15.1. Squalene Market Key Raw Material Analysis
15.1.1. Key Raw Material
15.1.2. Price Trend of Key Raw Material
15.1.3. Key Suppliers of Raw Material
15.1.4. Market Concentration Rate of Raw Material
Chapter 16. Industrial Chain, Sourcing Strategy and Downstream Buyers
16.1. Squalene Market Industrial Chain Analysis
16.2. Upstream Raw Material Sourcing
16.3. Raw Material Source of Squalene Market Major Manufacturers in 2021
16.4. Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
17.1. Marketing Channel
17.1.1. Direct Marketing
17.1.2. Indirect Marketing
17.1.3. Marketing Channel Development Trend
17.2. Market Positioning
17.2.1. Pricing Strategy
17.2.2. Brand Strategy
17.2.3. Target Client
17.3. Distributors/Traders List
Chapter 18. Market Effect Factors Analysis
18.1. Technology Progress/Risk
18.1.1. Substitutes Threat
18.1.2. Technology Progress in Related Distribution channel
18.2. Consumer Needs/Customer Preference Change
18.3. Economic/Political Environmental Change
Chapter 19. Future Outlook of the Market
Disclaimer

List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Engine Powered of Suppliers
5. Engine Powered of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Squalene Market share, By Sources, 2020 & 2027 (%)
10. Global Squalene Market share, by Cosmetics, By Sources, 2020 & 2027 (USD Million)
11. Global Squalene Market share, by Skin care, By Sources, 2020 & 2027 (USD Million)
12. Global Squalene Market share, By Hair care, By Sources 2020 & 2027 (USD Million)
13. Global Squalene Market share, By fragrance, By Sources 2020 & 2027 (USD Million)
14. Global Squalene Market share, By food supplements, By Sources 2020 & 2027 (USD Million)
15. Global Squalene Market share, By health care, By Sources 2020 & 2027 (USD Million)
16. Global Squalene Market share, By End User, 2020 & 2027 (%)
17. Global Squalene Market share, by Vegetable, By End User, 2020 & 2027 (USD Million)
18. Global Squalene Market share, by Synthetic biotechnology, By End User, 2020 & 2027 (USD Million)
19. Global Squalene Market share, by Vegetable, By End User, 2020 & 2027 (USD Million)
20. Global Squalene Market share, by Shark liver, By End User, 2020 & 2027 (USD Million)
21. Global Squalene Market share, by Region, 2020 & 2027 (%)
22. Global Squalene Market share, by region, 2020 - 2027(USD Million)
23. North America Squalene Market, 2020 - 2027(USD Million)
24. North America Squalene Market share, by Countries, 2020 & 2027 (%)
25. U.S. Squalene Market, 2020 - 2027(USD Million)
26. Canada Squalene Market, 2020 - 2027(USD Million)
27. Europe Squalene Market, 2020 - 2027(USD Million)
28. Europe Squalene Market share, by Countries, 2020 & 2027 (%)
29. Spain Squalene Market, 2020 - 2027(USD Million)
30. UK Squalene Market, 2020 - 2027(USD Million)
31. Italy Squalene Market, 2020 - 2027(USD Million)
32. Germany Squalene Market, 2020 - 2027(USD Million)
33. France Squalene Market, 2020 - 2027(USD Million)
34. Rest of Europe Squalene Market, 2020 - 2027(USD Million)
35. Asia-Pacific Squalene Market, 2020 - 2027(USD Million)
36. Asia-Pacific Squalene Market share, by Countries, 2020 & 2027 (%)
37. China Squalene Market, 2020 - 2027(USD Million)
38. India Squalene Market, 2020 - 2027(USD Million)
39. Australia Squalene Market, 2020 - 2027(USD Million)
40. Japan Squalene Market, 2020 - 2027(USD Million)
41. Rest of Asia-Pacific Squalene Market, 2020 - 2027(USD Million)
42. Middle East & Africa Squalene Market, 2020 - 2027(USD Million)
43. Middle East & Africa Squalene Market share, by Countries, 2020 & 2027 (%)
44. GCC Squalene Market, 2020 - 2027(USD Million)
45. South Africa Squalene Market, 2020 - 2027(USD Million)
46. Rest Of Middle East & Africa Squalene Market, 2020 - 2027(USD Million)
47. South America Squalene Market, 2020 - 2027(USD Million)
48. Brazil Squalene Market, 2020 - 2027(USD Million)
49. Mexico Squalene Market, 2020 - 2027(USD Million)
50. Argentina Squalene Market, 2020 - 2027(USD Million)
51. Rest Of South America Squalene Market, 2020 - 2027(USD Million)

List of Tables

1. Impact of Market drivers
2. Impact of Market restraints
3. Global Squalene Market, 2020-2027 (USD Million)
4. Squalene requirement, by country, 2020-2027, (USD Million)
5. North America Squalene Market, By Source, 2020-2027 (USD Million)
6. North America Squalene Market, By End User, 2020-2027 (USD Million)
7. Europe Squalene Market, By Sources, 2020-2027 (USD Million)
8. Europe Squalene Market, By End User, 2020-2027 (USD Million)
9. Asia Pacific Squalene Market, By Sources, 2020-2027 (USD Million)
10. Asia Pacific Squalene Market, By End User, 2020-2027 (USD Million)
11. Middle East & Africa Squalene Market, By Sources, 2020-2027 (USD Million)
12. Middle East & Africa Squalene Market, By End User, 2020-2027 (USD Million)
13. South America Squalene Market, By Sources, 2020-2027 (USD Million)
14. South America Squalene Market, By End User, 2020-2027 (USD Million)
15. Global Squalene Market, Company Market Share, 2020 & 2027(%)
16. Sophim: Product Benchmarking
17. Amyris: Financial Performance
18. Arista Industries: Product Benchmarking
19. Sea dragon marine Oils Limited: Financial Performance
20. Nucelis LLC: Product Benchmarking
21. Green Health Limited: Financial Performance
22. Kishimoto Special Liver Oil Limited: Product Benchmarking
23. Lda(Portugal): Financial Performance

The Leading Key Players in Squalene Market

Sophim (France)
Amyris (US)
Arista Industries Inc. (US)
SeaDragon Marine Oils Limited (New Zealand)
Nucelis LLC (US)
Ekiz Olive Oil & Soap Inc. (Turkey)
Kishimoto Special Liver Oil Co. Ltd. (Japan)
EmpresaFigueirense De Pesca
Lda (Portugal)
ArbeeBiomarineExtractsPvt. Ltd. (India)
New Zealand GreenHealth Limited (New Zealand).