Product Code: ETC13403294 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Squalene Market was valued at USD 0.13 Billion in 2024 and is expected to reach USD 0.25 Billion by 2031, growing at a compound annual growth rate of 8.00% during the forecast period (2025-2031).
The global squalene market is experiencing steady growth due to its widespread applications in the pharmaceutical, cosmetic, and food industries. Squalene, a natural compound mainly sourced from shark liver oil or plant-based sources like olives and sugarcane, is valued for its moisturizing, antioxidant, and immune-boosting properties. The pharmaceutical sector dominates the market due to squalene`s use in vaccine adjuvants and as a health supplement. In the cosmetics industry, squalene is highly sought after for its anti-aging and skin-rejuvenating properties. The increasing demand for natural and sustainable ingredients in personal care products is driving the growth of plant-based squalene sources. Companies are investing in research and development to expand their product offerings and cater to the growing consumer preference for natural and environmentally friendly ingredients.
The global squalene market is witnessing steady growth due to increasing demand in the pharmaceutical, cosmetic, and food industries. Squalene`s various health benefits, such as anti-inflammatory and antioxidant properties, are driving its popularity in skincare products and dietary supplements. With the rising awareness of natural ingredients and sustainable sourcing, there is a growing trend towards plant-based squalene derived from sources like olive oil and amaranth seeds. Additionally, the pharmaceutical industry`s use of squalene in vaccines and drug delivery systems presents new opportunities for market expansion. Companies are focusing on research and development to explore innovative applications of squalene, creating a favorable landscape for market growth and diversification.
The Global Squalene Market faces several challenges, including fluctuations in raw material prices, strict regulatory requirements related to sourcing and production, and increasing competition from alternative sources. The sourcing of squalene from shark liver oil, which is a traditional method, is also a concern due to sustainability and ethical reasons, leading to a shift towards plant-based sources. Additionally, the market is impacted by the limited availability of squalene-rich sources, such as olive oil and amaranth seed oil, leading to supply chain disruptions. Moreover, the lack of awareness among consumers about the benefits of squalene and its applications in various industries poses a challenge for market growth. Addressing these challenges will require innovation in sourcing, production, and marketing strategies to sustainably meet the growing demand for squalene in the global market.
The global squalene market is primarily driven by the rising demand for squalene in the cosmetics and personal care industry, where it is used in various skincare products due to its moisturizing and anti-aging properties. Additionally, the increasing awareness among consumers about the benefits of squalene for health and wellness has contributed to its growing popularity. In the pharmaceutical industry, squalene is used in vaccine adjuvants, further boosting market demand. Moreover, the expanding applications of squalene in the food and beverage sector, particularly in functional foods and dietary supplements, are driving market growth. The market is also influenced by the growing trend towards natural and sustainable ingredients in various industries, leading to a preference for squalene sourced from renewable plant-based or marine sources.
Government policies related to the Global Squalene Market primarily focus on sustainability, quality control, and trade regulations. Many countries have implemented regulations to ensure sustainable sourcing of squalene from renewable sources such as olive oil or shark liver oil. Quality control standards are also enforced to maintain purity and safety of squalene products, especially in the pharmaceutical and cosmetic industries. Additionally, trade regulations play a significant role in governing the import and export of squalene to promote fair competition and prevent market manipulation. Government policies often aim to strike a balance between supporting the growth of the squalene market and protecting the environment and public health through stringent regulations and oversight.
The global squalene market is expected to witness steady growth in the coming years due to increasing demand from the cosmetics, pharmaceutical, and food industries. Squalene, known for its moisturizing and antioxidant properties, is increasingly being used in personal care products and dietary supplements. The market is also driven by the growing awareness among consumers regarding the benefits of natural ingredients in skincare and healthcare products. Additionally, the rising prevalence of chronic diseases and the need for effective drug delivery systems are expected to further boost the demand for squalene in the pharmaceutical sector. However, factors such as sustainability concerns related to sourcing squalene from shark liver oil and regulatory restrictions may pose challenges to market growth, leading to a shift towards plant-based squalene sources. Overall, the global squalene market is poised for expansion, driven by evolving consumer preferences and technological advancements in extraction methods.
In the Global Squalene Market, Asia is anticipated to witness significant growth attributed to the rising demand for squalene in cosmetics and pharmaceutical products. North America is expected to hold a prominent market share due to the presence of key squalene manufacturers and increasing consumer awareness regarding the health benefits of squalene. In Europe, the market is projected to grow steadily driven by the expanding personal care industry and the increasing use of squalene in dietary supplements. The Middle East and Africa region is likely to experience moderate growth as the demand for squalene in the region is primarily driven by the pharmaceutical sector. Latin America is expected to show promising growth opportunities due to the growing adoption of squalene in skincare products and the rising disposable income of consumers.
Global Squalene Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Squalene Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Squalene Market Revenues & Volume, 2021 & 2031F |
3.3 Global Squalene Market - Industry Life Cycle |
3.4 Global Squalene Market - Porter's Five Forces |
3.5 Global Squalene Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Squalene Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.7 Global Squalene Market Revenues & Volume Share, By Vegetable Source, 2021 & 2031F |
3.8 Global Squalene Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Global Squalene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Squalene Market Trends |
6 Global Squalene Market, 2021 - 2031 |
6.1 Global Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Squalene Market, Revenues & Volume, By Animal-sourced squalene, 2021 - 2031 |
6.1.3 Global Squalene Market, Revenues & Volume, By Vegetable-sourced squalene, 2021 - 2031 |
6.1.4 Global Squalene Market, Revenues & Volume, By Biosynthetic squalene, 2021 - 2031 |
6.2 Global Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Squalene Market, Revenues & Volume, By Olive Oil, 2021 - 2031 |
6.2.3 Global Squalene Market, Revenues & Volume, By Palm Oil, 2021 - 2031 |
6.2.4 Global Squalene Market, Revenues & Volume, By Amaranth Oil, 2021 - 2031 |
6.3 Global Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Squalene Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.3.3 Global Squalene Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.3.4 Global Squalene Market, Revenues & Volume, By Food, 2021 - 2031 |
6.3.5 Global Squalene Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Squalene Market, Overview & Analysis |
7.1 North America Squalene Market Revenues & Volume, 2021 - 2031 |
7.2 North America Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Squalene Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Squalene Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Squalene Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
7.4 North America Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
7.5 North America Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
8 Latin America (LATAM) Squalene Market, Overview & Analysis |
8.1 Latin America (LATAM) Squalene Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Squalene Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Squalene Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Squalene Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Squalene Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
8.4 Latin America (LATAM) Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
8.5 Latin America (LATAM) Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
9 Asia Squalene Market, Overview & Analysis |
9.1 Asia Squalene Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Squalene Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Squalene Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Squalene Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Squalene Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
9.4 Asia Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
9.5 Asia Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
10 Africa Squalene Market, Overview & Analysis |
10.1 Africa Squalene Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Squalene Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Squalene Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Squalene Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Squalene Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
10.4 Africa Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
10.5 Africa Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
11 Europe Squalene Market, Overview & Analysis |
11.1 Europe Squalene Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Squalene Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Squalene Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Squalene Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Squalene Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
11.4 Europe Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
11.5 Europe Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
12 Middle East Squalene Market, Overview & Analysis |
12.1 Middle East Squalene Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Squalene Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Squalene Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Squalene Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Squalene Market, Revenues & Volume, By Source Type, 2021 - 2031 |
12.4 Middle East Squalene Market, Revenues & Volume, By Vegetable Source, 2021 - 2031 |
12.5 Middle East Squalene Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
13 Global Squalene Market Key Performance Indicators |
14 Global Squalene Market - Export/Import By Countries Assessment |
15 Global Squalene Market - Opportunity Assessment |
15.1 Global Squalene Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Squalene Market Opportunity Assessment, By Source Type, 2021 & 2031F |
15.3 Global Squalene Market Opportunity Assessment, By Vegetable Source, 2021 & 2031F |
15.4 Global Squalene Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
16 Global Squalene Market - Competitive Landscape |
16.1 Global Squalene Market Revenue Share, By Companies, 2024 |
16.2 Global Squalene Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |