| Product Code: ETC13287749 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Animal-Sourced Squalene Market was valued at USD 0.48 Billion in 2024 and is expected to reach USD 0.78 Billion by 2031, growing at a compound annual growth rate of 8.15% during the forecast period (2025-2031).
The Global Animal-Sourced Squalene Market is experiencing steady growth driven by the increasing demand for squalene in the cosmetics, pharmaceutical, and food industries. Squalene, derived from shark liver oil and other animal sources, is valued for its moisturizing and antioxidant properties. The market is witnessing a shift towards sustainable and ethically sourced squalene due to environmental concerns and regulatory restrictions on shark fishing. Key market players are focusing on research and development activities to explore alternative sources of squalene such as olive oil and amaranth seeds. The Asia-Pacific region dominates the market due to the presence of major squalene suppliers in countries like Japan and China. Overall, the Global Animal-Sourced Squalene Market is expected to continue its growth trajectory, driven by increasing consumer awareness of the benefits of squalene in various applications.
The Global Animal-Sourced Squalene Market is experiencing a surge in demand due to its extensive applications in cosmetics, pharmaceuticals, and health supplements. The increasing consumer preference for natural and sustainable ingredients in beauty and skincare products is a key driver of market growth. Additionally, the rising awareness about the benefits of squalene for skin health and its anti-aging properties is fueling its adoption in the cosmetics industry. Opportunities in the market lie in the development of innovative squalene-based products, expanding distribution networks, and strategic collaborations with key players in the industry. With the growing trend towards cruelty-free and eco-friendly products, there is also potential for market players to explore plant-based squalene sources as a sustainable alternative.
The Global Animal-Sourced Squalene Market faces several challenges, primarily driven by the growing concerns around animal welfare and sustainability. The use of squalene sourced from animals, such as shark liver oil, raises ethical and environmental issues, leading to increasing pressure from consumers and regulatory bodies to shift towards sustainable and cruelty-free alternatives. Additionally, the limited availability of animal-derived squalene due to overfishing of sharks further complicates the market dynamics, potentially leading to supply chain disruptions and price volatility. As a result, companies operating in this market are facing the challenge of balancing the demand for squalene with the need to address sustainability concerns and explore alternative, plant-based sources of squalene to ensure long-term viability and competitiveness.
The Global Animal-Sourced Squalene Market is primarily driven by the increasing demand for squalene in the cosmetic and personal care industry due to its excellent moisturizing and anti-aging properties. Additionally, the rising awareness regarding the health benefits of squalene, such as its potential antioxidant and immune-boosting properties, is fueling market growth. Moreover, the growing applications of animal-sourced squalene in the pharmaceutical industry for the production of vaccines and medicines further contribute to market expansion. The continuous research and development activities aimed at exploring new applications of squalene in various industries are also driving market growth. Overall, the growing consumer preference for natural and organic products, coupled with the expanding usage of squalene in diverse industries, are key factors propelling the Global Animal-Sourced Squalene Market.
Government policies related to the Global Animal-Sourced Squalene Market vary by country, with some nations implementing regulations to protect endangered shark populations due to the sourcing of squalene from shark liver oil. For example, the EU has banned the use of squalene sourced from deep-sea sharks in cosmetics to promote sustainability and conservation efforts. In contrast, other countries such as Japan have not imposed strict regulations on shark liver oil harvesting, leading to concerns about overfishing and its impact on marine ecosystems. Additionally, there is a growing trend towards plant-based squalene alternatives in response to environmental and ethical concerns, prompting some governments to incentivize the development and adoption of cruelty-free and sustainable squalene sources. Overall, government policies aim to balance industry demands with environmental conservation and animal welfare considerations in the Global Animal-Sourced Squalene Market.
The Global Animal-Sourced Squalene Market is expected to witness steady growth in the coming years, driven by increasing demand from the cosmetics, pharmaceutical, and healthcare industries. Squalene, derived from animal sources such as shark liver oil, is widely used in skincare products and dietary supplements due to its moisturizing and antioxidant properties. However, concerns over ethical and environmental issues related to shark harvesting may shift the market towards alternative sources like olive oil and sugarcane. As consumer preferences for natural and sustainable products continue to rise, manufacturers are exploring plant-based squalene options to meet market demands. Overall, the market is forecasted to expand with a focus on sustainable sourcing practices and innovation in product development.
In the Global Animal-Sourced Squalene Market, Asia holds a significant share due to the presence of key squalene producers in countries like Japan and China. The increasing demand for squalene in the cosmetics and pharmaceutical industries is driving market growth in this region. North America follows closely behind with a growing focus on natural and sustainable ingredients in personal care products. Europe also plays a crucial role in the market, with stringent regulations promoting the use of squalene sourced from animal-based products. In the Middle East and Africa region, the market is witnessing steady growth, primarily driven by the expanding cosmetics industry. Latin America is a developing market for animal-sourced squalene, with increasing awareness about the benefits of squalene in skincare products driving demand in the region.
Global Animal-Sourced 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 Animal-Sourced Squalene Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Animal-Sourced Squalene Market Revenues & Volume, 2021 & 2031F |
3.3 Global Animal-Sourced Squalene Market - Industry Life Cycle |
3.4 Global Animal-Sourced Squalene Market - Porter's Five Forces |
3.5 Global Animal-Sourced Squalene Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Animal-Sourced Squalene Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Animal-Sourced Squalene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Animal-Sourced Squalene Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Animal-Sourced Squalene Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Animal-Sourced Squalene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Animal-Sourced Squalene Market Trends |
6 Global Animal-Sourced Squalene Market, 2021 - 2031 |
6.1 Global Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Animal-Sourced Squalene Market, Revenues & Volume, By Shark Liver Oil, 2021 - 2031 |
6.1.3 Global Animal-Sourced Squalene Market, Revenues & Volume, By Lanolin, 2021 - 2031 |
6.1.4 Global Animal-Sourced Squalene Market, Revenues & Volume, By Squalane, 2021 - 2031 |
6.2 Global Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Animal-Sourced Squalene Market, Revenues & Volume, By Cosmetic Formulations, 2021 - 2031 |
6.2.3 Global Animal-Sourced Squalene Market, Revenues & Volume, By Skin Care Products, 2021 - 2031 |
6.2.4 Global Animal-Sourced Squalene Market, Revenues & Volume, By Pharmaceutical Products, 2021 - 2031 |
6.3 Global Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Animal-Sourced Squalene Market, Revenues & Volume, By Cosmetics Industry, 2021 - 2031 |
6.3.3 Global Animal-Sourced Squalene Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.3.4 Global Animal-Sourced Squalene Market, Revenues & Volume, By Pharmaceutical Industry, 2021 - 2031 |
6.4 Global Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Animal-Sourced Squalene Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.4.3 Global Animal-Sourced Squalene Market, Revenues & Volume, By Online Sales, 2021 - 2031 |
7 North America Animal-Sourced Squalene Market, Overview & Analysis |
7.1 North America Animal-Sourced Squalene Market Revenues & Volume, 2021 - 2031 |
7.2 North America Animal-Sourced Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Animal-Sourced Squalene Market, Overview & Analysis |
8.1 Latin America (LATAM) Animal-Sourced Squalene Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Animal-Sourced Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Animal-Sourced Squalene Market, Overview & Analysis |
9.1 Asia Animal-Sourced Squalene Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Animal-Sourced Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Animal-Sourced Squalene Market, Overview & Analysis |
10.1 Africa Animal-Sourced Squalene Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Animal-Sourced Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Animal-Sourced Squalene Market, Overview & Analysis |
11.1 Europe Animal-Sourced Squalene Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Animal-Sourced Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Animal-Sourced Squalene Market, Overview & Analysis |
12.1 Middle East Animal-Sourced Squalene Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Animal-Sourced Squalene Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Animal-Sourced Squalene Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Animal-Sourced Squalene Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Animal-Sourced Squalene Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Animal-Sourced Squalene Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Animal-Sourced Squalene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Animal-Sourced Squalene Market Key Performance Indicators |
14 Global Animal-Sourced Squalene Market - Export/Import By Countries Assessment |
15 Global Animal-Sourced Squalene Market - Opportunity Assessment |
15.1 Global Animal-Sourced Squalene Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Animal-Sourced Squalene Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Animal-Sourced Squalene Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Animal-Sourced Squalene Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Animal-Sourced Squalene Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Animal-Sourced Squalene Market - Competitive Landscape |
16.1 Global Animal-Sourced Squalene Market Revenue Share, By Companies, 2024 |
16.2 Global Animal-Sourced Squalene Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |