Squalene is a hydrocarbon that plays a vital role in the biosynthesis of sterols and other important biomolecules. It is naturally found in the liver of sharks and in various plant oils, including olive oil and amaranth seed oil. Its unique structure contributes to its effectiveness as an antioxidant and emollient.
Applications Across Sectors
Cosmetics and Personal Care
Squalene's moisturizing and anti-aging properties have made it a sought-after ingredient in skincare formulations. It helps to maintain skin's moisture balance and provides a smooth, non-greasy finish. Additionally, its antioxidant capabilities help to combat oxidative stress, making it a popular choice for anti-aging products.
Pharmaceuticals
In the pharmaceutical industry, squalene is used as an adjuvant in vaccines. Its role is to enhance the body's immune response, making vaccines more effective. This application is particularly significant in the context of vaccine development for various infectious diseases.
Dietary Supplements
Squalene is also available as a dietary supplement, often marketed for its potential health benefits, including support for cardiovascular health and immune function. Its presence in supplements is due to its purported benefits as an antioxidant and its role in maintaining overall health.
Market Dynamics
The Squalene Market size was valued at USD 150.26 million in 2023 and is expected to grow to USD 341.24 million by 2031 and grow at a CAGR of 10.8% over the forecast period of 2024-2031. This expansion is influenced by rising consumer demand for natural and sustainable products, coupled with innovations in squalene extraction and production techniques.
Leading Companies
Key players in the squalene market include:
- Nippon Fine Chemical Co., Ltd.
- Neossance
- Nippon Suisan Kaisha Ltd.
- Seppic
- Nutraceutical Corporation
Conclusion
Squalene's multifaceted applications in cosmetics, pharmaceuticals, and dietary supplements highlight its growing importance in the market. As consumer preferences shift towards natural and effective ingredients, the demand for squalene is poised for significant growth. The compound's versatility and benefits ensure it will continue to play a crucial role across various sectors.
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Contact Us:
Akash Anand – Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
