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Squalane is a natural organic compound that can be found naturally in many animals and plants (including human sebum). Currently, for commercial purposes, squalane is mainly derived from shark liver oil. However, now more and more plant sources (mainly vegetable oils) are used to extract squalane.Scientists have developed genetically engineered yeast cells to produce commercially used synthetic squalane. For example, in 2019, Toronto-based skincare company The Ordinary launched an affordable squalane cleanser for all skin types. It contains a concentrated form of squalane which is naturally present in the human body and helps to nourish the skin.
The use of squalane as a cleansing and moisturizing compound in personal care and beauty products (including creams, lotions, lipsticks, bath oils, sunscreens, conditioners, and liquid foundations) is growing and is expected to drive the global market during the forecast period. Factors such as increased utilization of the food and cosmetics industry and the rapid growth of the food and pharmaceutical industry in the Asia-Pacific region are driving the development of the global squalane market. Investments in the development of alternative vegetable and synthetic sources and the use of squalane in cancer treatment are increasing and are expected to drive the market in the coming years. Also, it is expected that the rapid improvement in the living standards of developing economies in the world will open up new market opportunities for the global squalane market in the coming years. It is expected that the environmental problems of shark fishing, strict government regulations, and unstable raw material supply will limit the growth of the market during the forecast period.
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The Major Players Profiled in This Report Include:
Kishimoto
EFP
Maruha Nichiro
Arista Industries
Amyris
Sophim
Croda
Nucelis LLC
Caroiline
Clariant
The Dirty Moose
Kuraray
NOF Group
Ineos
Type Outlook (Revenue, USD Million; 2014-2026):
Vegetable
Animal
Synthetic
Application Outlook (Revenue, USD Million; 2014-2026):
Cosmetics & Personal Care
Pharmaceuticals
Other
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The global squalane market regions include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. The European region is the largest market for squalane, and the growing elderly population has increased demand for squalane-based dietary supplements in Europe. The European region has also created a strong demand for cosmetics. The Asia-Pacific region is expected to grow at the highest compound annual growth rate during the forecast period. Due to the rapid growth of disposable income per capita, the increasing demand for dietary supplements, and the increasing awareness of health in the Asia-Pacific region, there is a huge demand for high-end cosmetics based on squalane.
Full Table of Content
Squalane Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Squalane Market by Types
Chapter 4 Segmentation of Squalane Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Squalane Market in Major Countries
Chapter 7 North America Squalane Landscape Analysis
Chapter 8 Europe Squalane Landscape Analysis
Chapter 9 Asia Pacific Squalane Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Squalane Landscape Analysis
Chapter 11 Major Players Profile
11.1 Kishimoto
11.1.1 Kishimoto Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 EFP
11.2.1 EFP Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Maruha Nichiro
11.3.1 Maruha Nichiro Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Squalane Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Squalane Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Squalane Market?
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Release ID: 88968466