Squalene Market worth $177.06 Million by 2019 Squalene Market worth $177.06 Million by 2019
Squalene Market worth $177.06 Million by 2019
The report “Squalene Market by Source (Animal & Vegetable) & by End-user Industry (Cosmetics, Pharmaceuticals, &
Food Industry) - Global Trends & Forecasts to 2019” defines and segments the squalene market with an analysis and
forecast of the market size in terms of value. The squalene and squalane market in terms of value is expected to grow to
$177.06 million by 2019, at a CAGR of 10.3% in terms of value from 2014 to 2019. It also determines the drivers and
restraints of the squalene/squalane market with an analysis of the trends, opportunities, burning issues, and winning
imperatives.
Browse 94 market data tables and 99 figures spread through 231 slides and in-depth TOC on “Squalene Market - Global
Trends & Forecasts to 2019”
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Squalene / squalane have been witnessing high demand from high value and high growth end use industries such as
cosmetics, food supplements, and pharmaceuticals. This is due to their various beneficial properties such as anti-aging, antioxidation, anti-inflammation, strengthened immune system, cell rejuvenation, and many more.
In terms of region, Europe was the biggest consumer of squalene / squalane in 2013 which is expected to continue to grow
till 2019 as an effect of the increase in demand for natural cosmetics and personal care products. North America is also
expected to have a high growth rate in the market till 2019 due to the demand for squalene and squalane for application in
dietary supplements.
The squalene market has very little governmental support which has proved to be a major restraint. The governmental
regulations and the NGO activities against the killing of sharks have also created difficulties in the supply of raw material for
this market. Squalene from vegetable sources has its own set of problems such as price fluctuations due to the competition
with edible oil industry. The impact of the western culture over the use of animal sourced products has also had an impact
on the market.
The new technologies being developed for producing squalane and the R&D initiatives being undertaken by the cosmetic
and pharmaceutical companies for incorporating the various beneficial properties and skin-identical nature of squalene and
squalane in their products are expected to be the driving factors of this market in the coming years.
The squalene market is largely segregated with very few major players in the market. The major players dominate the
industry and have a higher bargaining power. Some of the major companies in the squalene and squalane market are
Sophim (France), Croda International (U.K.), Amyris Inc. (U.S.), Empressa Figueirrense de Pesca, LDA (Portugal), SeaDragon
Marine Oil Ltd. (New Zealand), and Kishimoto Special Liver Oil Co. (Japan). The market has been witnessing a number of
developments including collaborations, supply contracts, and the introduction of new technologies.