Squalene Market

Squalene Market by Source Type (Animal Source (Shark Liver Oil), Vegetable Source (Olive Oil, Palm Oil, Amaranth Oil), Biosynthetic (GM Yeast), End-use Industry (Cosmetics, Food and Pharmaceuticals) and Region - Global Forecast to 2027

Report Code: CH 2725 Aug, 2022, by marketsandmarkets.com

[233 Pages Report] The squalene market is estimated to grow to USD 198 million by 2027 from USD 143 million in 2022, at a CAGR of 6.8% between 2022 and 2027. Increasing demand for squalene in COVID-19 vaccines and awareness regarding the benefits of squalene on human health are the major factors driving the market growth. As squalene is highly effective in increasing the immune response, it is used as a key ingredient in numerous vaccines, including COVID-19 vaccines. The British company, GlaxoSmithKline, is using squalene from many years as an adjuvant in flu vaccines. Squalene is widely accepted as a potential antioxidant. The presence of nutritional compounds such as Vitamin A, E, and K1 makes squalene a strong antioxidant.

Squalene Market

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Driver: Beneficial for human health

Squalene is a natural skin ingredient as it is naturally present in the skin in minute concentrations. It has many beneficial properties such as anti-oxidation, anti-aging, and UV protection, thus finding applications in the cosmetics, pharmaceuticals, and food industries. Squalene is not easily influenced by peroxidation and appears to function as a quencher of singlet oxygen in the skin and, therefore, protects the human skin surface from exposure of ultraviolet light and other sources of oxidative damage. It acts as a detoxifier for highly lipophilic xenobiotics, assisting with their elimination from the body.

Restraint: Consumer skepticism about animal-sourced products and limitations on shark killing

Squalene is mainly derived from shark liver oil, leading to the overfishing of sharks. The consumer skepticism regarding the usage of animal-sourced products has led the end-use manufacturers to avoid using squalene sourced from shark liver in their products. Most laws allow shark liver oil to be extracted as a by-product of shark fishing. With the reduction in shark fishing activities due to certain rules and regulations and overfishing of sharks, the supply of shark livers has decreased, which is affecting the supply of squalene.

Opportunity: New renewable sources for squalene production

With skepticism about shark liver oil sourced from sharks and low concentration of squalene in vegetable oils, the supply is fluctuating, and the prices are volatile. As several regulations are introduced for shark fishing, the supply of squalene has been majorly affected. In vegetable oils, the squalene content is very low, and therefore, tons of olives and amaranth are required to produce a small quantity of squalene. Collectively, these reasons have led to high squalene retail prices. This sparks an opportunity for the players to come up with new technologies to develop squalene from alternative sources. Sugarcane and other sugar-containing biomaterials have been identified as the sources of producing squalane (hydrogenated squalene). This is expected to increase the supply of raw materials for squalene production.

Challenge: Fluctuating costs of raw materials

The squalene market faces many challenges, the most significant of which is the shifting price of raw materials such as olives, shark livers, and others. The fluctuation in the prices of the raw materials is likely to hamper the expansion of the market due to the changes in the costs of oils in the food industry, as oils are a major part of the food industry. The short-term price volatility of these raw materials, such as olives and shark livers, impedes the growth of the market.

Squalene Ecosystem

Squalene Market Ecosystem

“Biosynthetic is projected to be the fastest-growing source type during the forecast period”

The biosynthetic segment is projected to be the fastest-growing source type, in terms of value, during the forecast period. This is due to its renewable nature, steady raw material availability, and the skepticism and regulations surrounding animal-sourced squalene. The production cost for synthetic squalene is less than that of vegetable- and animal-sourced squalene.

“Food was the second-largest squalene end-use industry in 2021 in terms of value”

Food is the second-largest end-use industry of squalene, followed by the pharmaceuticals industry. Squalene is used in various food products to enhance their nutritional value. These are used in the production of dietary supplements in the form of capsules, tablets, and other products. The demand for squalene in the food industry would depend on the growth of the dietary supplements segment of the nutraceuticals sector. The nutraceuticals sector is currently experiencing an upward growth trend driven by emerging economies such as India, China, and Brazil.

“Europe to account for the largest share of the global squalene market in 2021”

Europe was the largest market for squalene, in terms of value, in 2021 and is expected to exhibit the same trend until 2027. The demand for high-quality products from the cosmetics, food, and pharmaceuticals end-use industries is driving the market in the region. The market witnessed a shift from animal-sourced squalene to vegetable-sourced squalene in the past years. The trend is expected to remain the same during the forecast period. High-spending power of consumers and the increasing demand for premium cosmetic products are likely to drive the market in Europe during the forecast period.

Squalene Market by Region

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Key Market Players

The squalene market is dominated by a few globally established players such as Amyris, Inc (US), SOPHIM (France), Kishimoto Special Liver Oil Co., Ltd. (Japan), Empresa Figueirense De Pesca (Portugal), Arbee (India), Merck KGaA (Germany), Oleicfat S.L. (Spain), NZ Green Health Ltd. (New Zealand), Otto Chemie Pvt. Ltd. (India) and Cibus (US).

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Scope of the Report

Report Metric

Details

Years considered for the study

2017 – 2027

Base Year Considered

2021

Forecast period

2022–2027

Units considered

Value (USD Thousand/Million), Volume (Ton)

Segments covered

Source type, End-Use Industry and Region

Regions covered

North America, Europe, Asia Pacific, Middle East & Africa and South America

Companies profiled

Amyris, Inc (US), Sophim (France), Merck KGaA (Germany), Kishimoto Special Liver Oil Co., Ltd. (Japan), Empresa Figueirense De Pesca (Portugal), Arbee (India) and Cibus (US) among others
Top 25 major players covered

This report categorizes the global squalene market based on source-type, end-use industry and region.

On the basis of source-type, the squalene market has been segmented as follows:

  • Animal-sourced squalene
  • Vegetable-sourced squalene
  • Biosynthetic squalene

On the basis of end-use industry, the squalene market has been segmented as follows:

On the basis of region, the squalene market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Recent Developments:

  • In August 2021, Amyris, Inc. launched Rose Inc., a clean color cosmetics brand. The products’ non-comedogenic formulas are developed with proprietary bioengineered and sustainably-sourced ingredients, including squalene and hemisqualane.
  • In March 2020, Amyris, Inc. expanded its business by increasing the product efficiency of its cannabidiol (CBD) from 10% to 40%. The company uses sugarcane squalene (Neossance Squalane) as a carrier oil for cannabidiol (CBD) into the human skin.
  • In August 2021, Amyris, Inc. launched the Terasana Clinical, a clean skincare brand. The products of this brand have a patented formulation that combines two of Amyris, Inc.'s sustainably sourced ingredients, squalane and cannabigerol (CBG).
  • In April 2020, Amyris, Inc. launched the squalene-based hand sanitizer named Pipette under its No Compromise Pipette baby care branded products. The hand sanitizer contains 65% USP plant-based ethyl alcohol, glycerin, and Amyris, Inc.’s sugarcane-derived squalene (for moisturizing benefit).
  • In September 2021, SOPHIM launched a natural emollient named Sugar Squalane, which is produced from sugarcane via sucrose fermentation. A process of fermentation, distillation, dimerization, and hydrogenation transforms this sesquiterpene, into sugar squalane.
  • In May 2021, SOPHIM launched a natural emollient named Phytosqualan, which is a high-quality vegetable squalane produced from unsaponifiable fraction of olive oil fatty acids and has applications in cosmetics such as face creams, dry oils for body care, makeup, and sun care.
  • In January 2021, SOPHIM launched a moisturizing hand sanitizer that contains 2% Phytosqualan, which moisturizes the epidermis and helps make the superficial layers of the skin softer, smoother, and more supple.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 INCLUSIONS AND EXCLUSIONS
           1.3.1 SQUALENE MARKET DEFINITION AND INCLUSIONS, BY SOURCE TYPE
           1.3.2 SQUALENE MARKET DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
    1.4 STUDY SCOPE
          FIGURE 1 SQUALENE MARKET SEGMENTATION
          FIGURE 2 REGIONS COVERED
    1.5 YEARS CONSIDERED
    1.6 CURRENCY CONSIDERED
    1.7 UNIT CONSIDERED
    1.8 STAKEHOLDERS
    1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 42)
    2.1 RESEARCH DATA
          FIGURE 3 SQUALENE MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews–Demand and supply sides
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE SHARE OF TOP PLAYERS
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIDE)
    2.3 DATA TRIANGULATION
          FIGURE 6 SQUALENE MARKET: DATA TRIANGULATION
    2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
           2.4.1 SUPPLY SIDE
                    FIGURE 7 SUPPLY-SIDE MARKET CAGR PROJECTIONS
           2.4.2 DEMAND SIDE
                    FIGURE 8 DEMAND-SIDE MARKET GROWTH PROJECTIONS: DRIVERS AND OPPORTUNITIES
    2.5 RESEARCH ASSUMPTIONS
    2.6 RESEARCH LIMITATIONS
    2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY (Page No. - 53)
    FIGURE 9 VEGETABLE SOURCE TYPE LED SQUALENE MARKET IN 2021
    FIGURE 10 PHARMACEUTICALS TO BE FASTEST-GROWING END-USE INDUSTRY DURING FORECAST PERIOD
    FIGURE 11 EUROPE ACCOUNTED FOR LARGEST MARKET SHARE IN 2021

4 PREMIUM INSIGHTS (Page No. - 56)
    4.1 BRIEF OVERVIEW OF SQUALENE MARKET
          FIGURE 12 GROWING PHARMACEUTICALS INDUSTRY TO DRIVE MARKET DURING FORECAST PERIOD
    4.2 SQUALENE MARKET SIZE, BY REGION
          FIGURE 13 EUROPE TO BE LARGEST MARKET DURING FORECAST PERIOD
    4.3 SQUALENE MARKET IN EUROPE, BY END-USE INDUSTRY AND COUNTRY (2021)
          FIGURE 14 COSMETICS END-USE INDUSTRY AND FRANCE ACCOUNTED FOR LARGEST SHARES
    4.4 SQUALENE MARKET SIZE, SOURCE TYPE VS. REGION
          FIGURE 15 VEGETABLE SOURCE TYPE LED SQUALENE MARKET ACROSS REGIONS
    4.5 SQUALENE MARKET, BY MAJOR COUNTRIES
          FIGURE 16 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 59)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SQUALENE MARKET
           5.2.1 DRIVERS
                    5.2.1.1 R&D activities in pharmaceuticals industry
                                FIGURE 18 GLOBAL PHARMACEUTICAL R&D SPENDING, 2012–2021
                    5.2.1.2 Rising popularity in nutraceuticals
                                TABLE 1 TOP 10 GLOBAL NUTRACEUTICAL COMPANIES (2021)
                    5.2.1.3 Growing demand for cosmetic products
                    5.2.1.4 Beneficial for human health
                    5.2.1.5 Demand in COVID-19 vaccines
           5.2.2 RESTRAINTS
                    5.2.2.1 Consumer skepticism about animal-sourced products and limitations on shark fishing
           5.2.3 OPPORTUNITIES
                    5.2.3.1 New renewable sources for squalene production
           5.2.4 CHALLENGES
                    5.2.4.1 Fluctuating costs of raw materials
    5.3 PORTER’S FIVE FORCES ANALYSIS
          FIGURE 19 SQUALENE MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 2 SQUALENE MARKET: PORTER’S FIVE FORCES ANALYSIS
    5.4 KEY STAKEHOLDERS & BUYING CRITERIA
           5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 20 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES
                    TABLE 3 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES (%)
           5.4.2 BUYING CRITERIA
                    FIGURE 21 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
                    TABLE 4 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
    5.5 MACROECONOMIC INDICATORS
           5.5.1 GDP TRENDS AND FORECASTS FOR MAJOR ECONOMIES
                    TABLE 5 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2019–2027 (USD BILLION)

6 INDUSTRY TRENDS (Page No. - 70)
    6.1 SUPPLY CHAIN ANALYSIS
          FIGURE 22 SQUALENE MARKET: SUPPLY CHAIN
           6.1.1 RAW MATERIALS
           6.1.2 MANUFACTURERS
           6.1.3 DISTRIBUTION NETWORK
           6.1.4 END-USE INDUSTRIES
    6.2 SQUALENE MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIOS
          FIGURE 23 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIOS
          TABLE 6 SQUALENE MARKET FORECAST SCENARIO, 2019–2027 (USD MILLION)
           6.2.1 NON-COVID-19 SCENARIO
           6.2.2 OPTIMISTIC SCENARIO
           6.2.3 PESSIMISTIC SCENARIO
           6.2.4 REALISTIC SCENARIO
    6.3 PRICING ANALYSIS
           6.3.1 AVERAGE SELLING PRICE BY KEY PLAYERS FOR END-USE INDUSTRIES
                    FIGURE 24 AVERAGE SELLING PRICE BY KEY PLAYERS FOR TOP 3 END-USE INDUSTRIES
                    TABLE 7 AVERAGE SELLING PRICE BY KEY PLAYERS FOR TOP 3 END-USE INDUSTRIES (USD/KG)
           6.3.2 AVERAGE SELLING PRICE, BY REGION
                    FIGURE 25 AVERAGE SELLING PRICE OF SQUALENE, BY REGION (USD/KG)
                    TABLE 8 AVERAGE SELLING PRICE OF SQUALENE, BY REGION (USD/KG)
    6.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
           6.4.1 REVENUE SHIFTS & REVENUE POCKETS FOR SQUALENE MARKET
                    FIGURE 26 REVENUE SHIFT FOR SQUALENE MARKET
    6.5 SQUALENE MARKET: ECOSYSTEM
          TABLE 9 SQUALENE MARKET: ECOSYSTEM
          27 SQUALENE MARKET: ECOSYSTEM
    6.6 TECHNOLOGY ANALYSIS
           6.6.1 SUPERCRITICAL FLUID EXTRACTION TECHNOLOGY
                    TABLE 10 BENEFITS OF SUPERCRITICAL FLUID EXTRACTION TECHNOLOGY
    6.7 CASE STUDY ANALYSIS
           6.7.1 CASE STUDY ON AMYRIS, INC.
    6.8 TRADE DATA STATISTICS
           6.8.1 IMPORT SCENARIO OF SQUALENE
                    FIGURE 28 IMPORT OF SQUALENE, BY KEY COUNTRIES (2016–2021)
                    TABLE 11 IMPORT OF SQUALENE, BY REGION, 2016–2021 (USD MILLION)
           6.8.2 EXPORT SCENARIO OF SQUALENE
                    FIGURE 29 EXPORT OF SQUALENE, BY KEY COUNTRIES (2016–2021)
                    TABLE 12 EXPORT OF SQUALENE, BY REGION, 2016–2021 (USD MILLION)
    6.9 REGULATORY LANDSCAPE
           6.9.1 REGULATIONS ON USE OF SQUALENE
           6.9.2 REGULATORY BODIES
    6.10 KEY CONFERENCES & EVENTS IN 2022–2023
           TABLE 13 SQUALENE MARKET: DETAILED LIST OF CONFERENCES & EVENTS
    6.11 PATENT ANALYSIS
           6.11.1 APPROACH
           6.11.2 DOCUMENT TYPE
                     TABLE 14 TOTAL NUMBER OF PATENTS IN LAST 11 YEARS (2011–2021)
                     FIGURE 30 PATENTS REGISTERED IN SQUALENE MARKET, 2011–2021
                     FIGURE 31 PATENT PUBLICATION TRENDS, 2011–2021
                     FIGURE 32 LEGAL STATUS OF PATENTS FILED IN SQUALENE MARKET
           6.11.3 JURISDICTION ANALYSIS
                     FIGURE 33 TOP JURISDICTION
           6.11.4 TOP APPLICANTS
                     FIGURE 34 NOVARTIS AG REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2011 AND 2021
                     TABLE 15 LIST OF PATENTS BY NOVARTIS AG, INC.
                     TABLE 16 LIST OF PATENTS BY CHINA TOBACCO GUANGXI INDUSTRY CO. LTD.
                     TABLE 17 LIST OF PATENTS BY NUCELIS LLC
                     TABLE 18 TOP 10 PATENT OWNERS IN US, 2011–2021

7 SQUALENE MARKET, BY SOURCE TYPE (Page No. - 88)
    7.1 INTRODUCTION
          FIGURE 35 VEGETABLE TO BE LARGEST SOURCE TYPE FOR SQUALENE DURING FORECAST PERIOD
          TABLE 19 SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
          TABLE 20 SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
          TABLE 21 SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
          TABLE 22 SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
    7.2 ANIMAL SOURCE
           7.2.1 CONTAINS HIGHEST CONCENTRATION OF SQUALENE
                    FIGURE 36 ASIA PACIFIC TO BE FASTEST-GROWING ANIMAL-SOURCED SQUALENE MARKET DURING FORECAST PERIOD
                    TABLE 23 ANIMAL-SOURCED SQUALENE MARKET SIZE, BY REGION, 2017–2020 (USD THOUSAND)
                    TABLE 24 ANIMAL-SOURCED SQUALENE MARKET SIZE, BY REGION, 2021–2027 (USD THOUSAND)
                    TABLE 25 ANIMAL-SOURCED SQUALENE MARKET SIZE, BY REGION, 2017–2020 (TON)
                    TABLE 26 ANIMAL-SOURCED SQUALENE MARKET SIZE, BY REGION, 2021–2027 (TON)
    7.3 VEGETABLE SOURCE
           7.3.1 STRICT REGULATIONS ON ANIMAL-SOURCED SQUALENE TO BOOST MARKET IN THIS SEGMENT
                    FIGURE 37 ASIA PACIFIC TO BE FASTEST-GROWING VEGETABLE-SOURCED SQUALENE MARKET DURING FORECAST PERIOD
                    TABLE 27 VEGETABLE-SOURCED SQUALENE MARKET SIZE, BY REGION, 2017–2020 (USD THOUSAND)
                    TABLE 28 VEGETABLE-SOURCED SQUALENE MARKET SIZE, BY REGION, 2021–2027 (USD THOUSAND)
                    TABLE 29 VEGETABLE-SOURCED SQUALENE MARKET SIZE, BY REGION, 2017–2020 (TON)
                    TABLE 30 VEGETABLE-SOURCED SQUALENE MARKET SIZE, BY REGION, 2021–2027 (TON)
    7.4 BIOSYNTHETIC
           7.4.1 GROWING DEMAND FOR RENEWABLE RAW MATERIALS FOR SQUALENE PRODUCTION TO DRIVE MARKET
                    FIGURE 38 EUROPE TO BE LARGEST BIOSYNTHETIC SQUALENE MARKET DURING FORECAST PERIOD
                    TABLE 31 BIOSYNTHETIC SQUALENE MARKET SIZE, BY REGION, 2017–2020 (USD THOUSAND)
                    TABLE 32 BIOSYNTHETIC SQUALENE MARKET SIZE, BY REGION, 2021–2027 (USD THOUSAND)
                    TABLE 33 BIOSYNTHETIC SQUALENE MARKET SIZE, BY REGION, 2017–2020 (TON)
                    TABLE 34 BIOSYNTHETIC SQUALENE MARKET SIZE, BY REGION, 2021–2027 (TON)

8 SQUALENE MARKET, BY END-USE INDUSTRY (Page No. - 97)
    8.1 INTRODUCTION
          FIGURE 39 COSMETICS END-USE INDUSTRY TO DOMINATE SQUALENE MARKET DURING FORECAST PERIOD
          TABLE 35 SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
          TABLE 36 SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
          TABLE 37 SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
          TABLE 38 SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
    8.2 COSMETICS
           8.2.1 SKINCARE SEGMENT TO BE MAJOR MARKET DRIVER IN THIS END-USE INDUSTRY
                    FIGURE 40 EUROPE TO BE LARGEST MARKET IN COSMETICS END-USE INDUSTRY
                    TABLE 39 SQUALENE MARKET SIZE IN COSMETICS END-USE INDUSTRY, BY REGION, 2017–2020 (USD THOUSAND)
                    TABLE 40 SQUALENE MARKET SIZE IN COSMETICS END-USE INDUSTRY, BY REGION, 2021–2027 (USD THOUSAND)
                    TABLE 41 SQUALENE MARKET SIZE IN COSMETICS END-USE INDUSTRY, BY REGION, 2017–2020 (TON)
                    TABLE 42 SQUALENE MARKET SIZE IN COSMETICS END-USE INDUSTRY, BY REGION, 2021–2027 (TON)
    8.3 FOOD
           8.3.1 DEMAND FOR NUTRACEUTICALS IN EMERGING ECONOMIES TO DRIVE MARKET
                    FIGURE 41 EUROPE TO BE LARGEST MARKET IN FOOD END-USE INDUSTRY
                    TABLE 43 SQUALENE MARKET SIZE IN FOOD END-USE INDUSTRY, BY REGION, 2017–2020 (USD THOUSAND)
                    TABLE 44 SQUALENE MARKET SIZE IN FOOD END-USE INDUSTRY, BY REGION, 2021–2027 (USD THOUSAND)
                    TABLE 45 SQUALENE MARKET SIZE IN FOOD END-USE INDUSTRY, BY REGION, 2017–2020 (TON)
                    TABLE 46 SQUALENE MARKET SIZE IN FOOD END-USE INDUSTRY, BY REGION, 2021–2027 (TON)
    8.4 PHARMACEUTICALS
           8.4.1 ONCOLOGY SEGMENT TO POSITIVELY INFLUENCE MARKET GROWTH
                    FIGURE 42 SOUTH AMERICA TO BE FASTEST-GROWING MARKET IN PHARMACEUTICALS END-USE INDUSTRY
                    TABLE 47 SQUALENE MARKET SIZE IN PHARMACEUTICALS END-USE INDUSTRY, BY REGION, 2017–2020 (USD THOUSAND)
                    TABLE 48 SQUALENE MARKET SIZE IN PHARMACEUTICALS END-USE INDUSTRY, BY REGION, 2021–2027 (USD THOUSAND)
                    TABLE 49 SQUALENE MARKET SIZE IN PHARMACEUTICALS END-USE INDUSTRY, BY REGION, 2017–2020 (TON)
                    TABLE 50 SQUALENE MARKET SIZE IN PHARMACEUTICALS END-USE INDUSTRY, BY REGION, 2021–2027 (TON)
    8.5 OTHERS
          FIGURE 43 EUROPE TO BE LARGEST MARKET IN OTHER END-USE INDUSTRIES
          TABLE 51 SQUALENE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (USD THOUSAND)
          TABLE 52 SQUALENE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2027 (USD THOUSAND)
          TABLE 53 SQUALENE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (TON)
          TABLE 54 SQUALENE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2027 (TON)

9 SQUALENE MARKET, BY REGION (Page No. - 109)
    9.1 INTRODUCTION
          FIGURE 44 ASIA PACIFIC TO BE FASTEST-GROWING SQUALENE MARKET
          TABLE 55 SQUALENE MARKET SIZE, BY REGION, 2017–2020 (USD THOUSAND)
          TABLE 56 SQUALENE MARKET SIZE, BY REGION, 2021–2027 (USD THOUSAND)
          TABLE 57 SQUALENE MARKET SIZE, BY REGION, 2017–2020 (TON)
          TABLE 58 SQUALENE MARKET SIZE, BY REGION, 2021–2027 (TON)
    9.2 ASIA PACIFIC
          FIGURE 45 ASIA PACIFIC: SQUALENE MARKET SNAPSHOT
           9.2.1 ASIA PACIFIC: SQUALENE MARKET, BY SOURCE TYPE
                    TABLE 59 ASIA PACIFIC: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                    TABLE 60 ASIA PACIFIC: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                    TABLE 61 ASIA PACIFIC: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                    TABLE 62 ASIA PACIFIC: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
           9.2.2 ASIA PACIFIC: SQUALENE MARKET, BY END-USE INDUSTRY
                    TABLE 63 ASIA PACIFIC: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                    TABLE 64 ASIA PACIFIC: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                    TABLE 65 ASIA PACIFIC: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                    TABLE 66 ASIA PACIFIC: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
           9.2.3 ASIA PACIFIC: SQUALENE MARKET, BY COUNTRY
                    TABLE 67 ASIA PACIFIC: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (USD THOUSAND)
                    TABLE 68 ASIA PACIFIC: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (USD THOUSAND)
                    TABLE 69 ASIA PACIFIC: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (TON)
                    TABLE 70 ASIA PACIFIC: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (TON)
                    9.2.3.1 China
                               9.2.3.1.1 High sale of personal care products to propel demand for squalene
                                              TABLE 71 CHINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 72 CHINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 73 CHINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 74 CHINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 75 CHINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 76 CHINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 77 CHINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 78 CHINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.2.3.2 Japan
                               9.2.3.2.1 Presence of multinational personal care product manufacturers to drive market
                                              TABLE 79 JAPAN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 80 JAPAN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 81 JAPAN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 82 JAPAN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 83 JAPAN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 84 JAPAN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 85 JAPAN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 86 JAPAN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.2.3.3 South Korea
                               9.2.3.3.1 Rise in working women population and disposable income to boost market
                                              TABLE 87 SOUTH KOREA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 88 SOUTH KOREA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 89 SOUTH KOREA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 90 SOUTH KOREA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 91 SOUTH KOREA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 92 SOUTH KOREA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 93 SOUTH KOREA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 94 SOUTH KOREA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
    9.3 NORTH AMERICA
          FIGURE 46 NORTH AMERICA: SQUALENE MARKET SNAPSHOT
           9.3.1 NORTH AMERICA: SQUALENE MARKET, BY SOURCE TYPE
                    TABLE 95 NORTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                    TABLE 96 NORTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                    TABLE 97 NORTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                    TABLE 98 NORTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
           9.3.2 NORTH AMERICA: SQUALENE MARKET, BY END-USE INDUSTRY
                    TABLE 99 NORTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                    TABLE 100 NORTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                    TABLE 101 NORTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                    TABLE 102 NORTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
           9.3.3 NORTH AMERICA: SQUALENE MARKET, BY COUNTRY
                    TABLE 103 NORTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (USD THOUSAND)
                    TABLE 104 NORTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (USD THOUSAND)
                    TABLE 105 NORTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (TON)
                    TABLE 106 NORTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (TON)
                    9.3.3.1 US
                               9.3.3.1.1 Decline in use of animal-sourced squalene to boost biosynthetic squalene market
                                              TABLE 107 US: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 108 US: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 109 US: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 110 US: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 111 US: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 112 US: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 113 US: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 114 US: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.3.3.2 Canada
                               9.3.3.2.1 Government regulations on animal killing to influence high consumption of vege                                              TABLE-sourced squalene
                                              TABLE 115 CANADA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 116 CANADA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 117 CANADA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 118 CANADA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 119 CANADA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 120 CANADA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 121 CANADA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 122 CANADA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.3.3.3 Mexico
                               9.3.3.3.1 Growing use of personal care products among young population favorable for market growth
                                              TABLE 123 MEXICO: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 124 MEXICO: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 125 MEXICO: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 126 MEXICO: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 127 MEXICO: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 128 MEXICO: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 129 MEXICO: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 130 MEXICO: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
    9.4 EUROPE
          FIGURE 47 EUROPE: SQUALENE MARKET SNAPSHOT
           9.4.1 EUROPE: SQUALENE MARKET, BY SOURCE TYPE
                    TABLE 131 EUROPE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                    TABLE 132 EUROPE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                    TABLE 133 EUROPE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                    TABLE 134 EUROPE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
           9.4.2 EUROPE: SQUALENE MARKET, BY END-USE INDUSTRY
                    TABLE 135 EUROPE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                    TABLE 136 EUROPE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                    TABLE 137 EUROPE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                    TABLE 138 EUROPE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
           9.4.3 EUROPE: SQUALENE MARKET, BY COUNTRY
                    TABLE 139 EUROPE: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (USD THOUSAND)
                    TABLE 140 EUROPE: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (USD THOUSAND)
                    TABLE 141 EUROPE: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (TON)
                    TABLE 142 EUROPE: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (TON)
                    9.4.3.1 Germany
                               9.4.3.1.1 High per capita spending of consumers to help market growth
                                              TABLE 143 GERMANY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 144 GERMANY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 145 GERMANY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 146 GERMANY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 147 GERMANY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 148 GERMANY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 149 GERMANY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 150 GERMANY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.4.3.2 France
                               9.4.3.2.1 Presence of well-established personal care industry to augment demand for squalene
                                              TABLE 151 FRANCE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 152 FRANCE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 153 FRANCE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 154 FRANCE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 155 FRANCE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 156 FRANCE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 157 FRANCE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 158 FRANCE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.4.3.3 UK
                               9.4.3.3.1 High spending on personal care products to fuel market
                                              TABLE 159 UK: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 160 UK: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 161 UK: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 162 UK: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 163 UK: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 164 UK: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 165 UK: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 166 UK: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.4.3.4 Italy
                               9.4.3.4.1 Economic recovery to support market growth
                                              TABLE 167 ITALY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 168 ITALY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 169 ITALY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 170 ITALY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 171 ITALY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 172 ITALY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 173 ITALY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 174 ITALY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.4.3.5 Spain
                               9.4.3.5.1 Growing cosmetics industry to offer opportunities to squalene manufacturers
                                              TABLE 175 SPAIN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 176 SPAIN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 177 SPAIN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 178 SPAIN: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 179 SPAIN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 180 SPAIN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 181 SPAIN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 182 SPAIN: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
    9.5 MIDDLE EAST & AFRICA
           9.5.1 MIDDLE EAST & AFRICA: SQUALENE MARKET, BY SOURCE TYPE
                    TABLE 183 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                    TABLE 184 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                    TABLE 185 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                    TABLE 186 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
           9.5.2 MIDDLE EAST & AFRICA: SQUALENE MARKET, BY END-USE INDUSTRY
                    TABLE 187 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                    TABLE 188 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                    TABLE 189 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                    TABLE 190 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
           9.5.3 MIDDLE EAST & AFRICA: SQUALENE MARKET, BY COUNTRY
                    TABLE 191 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (USD THOUSAND)
                    TABLE 192 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (USD THOUSAND)
                    TABLE 193 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (TON)
                    TABLE 194 MIDDLE EAST & AFRICA: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (TON)
                    9.5.3.1 Saudi Arabia
                               9.5.3.1.1 Penetration of premium products among high-income population to drive market
                                              TABLE 195 SAUDI ARABIA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 196 SAUDI ARABIA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 197 SAUDI ARABIA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 198 SAUDI ARABIA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 199 SAUDI ARABIA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 200 SAUDI ARABIA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 201 SAUDI ARABIA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 202 SAUDI ARABIA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.5.3.2 UAE
                               9.5.3.2.1 Market characterized by presence of local cosmetics manufacturers
                                              TABLE 203 UAE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 204 UAE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 205 UAE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 206 UAE: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 207 UAE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 208 UAE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 209 UAE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 210 UAE: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.5.3.3 Turkey
                               9.5.3.3.1 Rise in exports of personal care products to drive market
                                              TABLE 211 TURKEY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 212 TURKEY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 213 TURKEY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 214 TURKEY: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 215 TURKEY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 216 TURKEY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 217 TURKEY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 218 TURKEY: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
    9.6 SOUTH AMERICA
           9.6.1 SOUTH AMERICA: SQUALENE MARKET, BY SOURCE TYPE
                    TABLE 219 SOUTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                    TABLE 220 SOUTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                    TABLE 221 SOUTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                    TABLE 222 SOUTH AMERICA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
           9.6.2 SOUTH AMERICA: SQUALENE MARKET, BY END-USE INDUSTRY
                    TABLE 223 SOUTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                    TABLE 224 SOUTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                    TABLE 225 SOUTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                    TABLE 226 SOUTH AMERICA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
           9.6.3 SOUTH AMERICA: SQUALENE MARKET, BY COUNTRY
                    TABLE 227 SOUTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (USD THOUSAND)
                    TABLE 228 SOUTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (USD THOUSAND)
                    TABLE 229 SOUTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2017–2020 (TON)
                    TABLE 230 SOUTH AMERICA: SQUALENE MARKET SIZE, BY COUNTRY, 2021–2027 (TON)
                    9.6.3.1 Brazil
                               9.6.3.1.1 Economic growth to drive demand for squalene
                                              TABLE 231 BRAZIL: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 232 BRAZIL: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 233 BRAZIL: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 234 BRAZIL: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 235 BRAZIL: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 236 BRAZIL: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 237 BRAZIL: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 238 BRAZIL: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)
                    9.6.3.2 Argentina
                               9.6.3.2.1 Improving economic conditions and expansion of international cosmetics brands to spur market growth
                                              TABLE 239 ARGENTINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD THOUSAND)
                                              TABLE 240 ARGENTINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD THOUSAND)
                                              TABLE 241 ARGENTINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON)
                                              TABLE 242 ARGENTINA: SQUALENE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (TON)
                                              TABLE 243 ARGENTINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (USD THOUSAND)
                                              TABLE 244 ARGENTINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (USD THOUSAND)
                                              TABLE 245 ARGENTINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2017–2020 (TON)
                                              TABLE 246 ARGENTINA: SQUALENE MARKET SIZE, BY SOURCE TYPE, 2021–2027 (TON)

10 COMPETITIVE LANDSCAPE (Page No. - 177)
     10.1 INTRODUCTION
     10.2 STRATEGIES ADOPTED BY KEY PLAYERS
             TABLE 247 OVERVIEW OF STRATEGIES ADOPTED BY KEY SQUALENE MANUFACTURERS
     10.3 MARKET SHARE ANALYSIS
             10.3.1 RANKING OF KEY MARKET PLAYERS, 2021
                        FIGURE 48 RANKING OF TOP 3 PLAYERS IN SQUALENE MARKET, 2021
             10.3.2 MARKET SHARE OF KEY PLAYERS
                        TABLE 248 SQUALENE MARKET: DEGREE OF COMPETITION
                        FIGURE 49 KISHIMOTO SPECIAL LIVER OIL CO., LTD. LED SQUALENE MARKET IN 2021
                        10.3.2.1 Kishimoto Special Liver Oil Co., Ltd.
                        10.3.2.2 SOPHIM
                        10.3.2.3 Amyris, Inc.
             10.3.3 REVENUE ANALYSIS OF TOP 3 PLAYERS
                        FIGURE 50 REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS
     10.4 COMPANY PRODUCT FOOTPRINT ANALYSIS
             FIGURE 51 SQUALENE MARKET: COMPANY FOOTPRINT
             TABLE 249 SQUALENE MARKET: SOURCE TYPE FOOTPRINT
             TABLE 250 SQUALENE MARKET: END-USE INDUSTRY FOOTPRINT
             TABLE 251 SQUALENE MARKET: COMPANY REGION FOOTPRINT
     10.5 COMPANY EVALUATION QUADRANT (TIER 1)
             10.5.1 STARS
             10.5.2 EMERGING LEADERS
             10.5.3 PARTICIPANTS
                        FIGURE 52 TIER 1 COMPANY EVALUATION QUADRANT FOR SQUALENE MARKET
     10.6 COMPETITIVE BENCHMARKING
             TABLE 252 SQUALENE MARKET: DETAILED LIST OF KEY START-UPS/SMES
             TABLE 253 SQUALENE MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     10.7 START-UPS/SMES EVALUATION QUADRANT
             10.7.1 PROGRESSIVE COMPANIES
             10.7.2 RESPONSIVE COMPANIES
             10.7.3 STARTING BLOCKS
                        FIGURE 53 START-UP/SME EVALUATION QUADRANT FOR SQUALENE MARKET
     10.8 COMPETITIVE SITUATIONS & TRENDS
             10.8.1 NEW PRODUCT LAUNCHES
                        TABLE 254 SQUALENE MARKET: NEW PRODUCT LAUNCHES (2018–2022)
             10.8.2 OTHER DEVELOPMENTS
                        TABLE 255 SQUALENE MARKET: EXPANSIONS, INVESTMENTS, AND INNOVATIONS (2018–2022)

11 COMPANY PROFILES (Page No. - 191)
     11.1 MAJOR PLAYERS
(Business Overview, Products, Recent Developments, MnM View)*
             11.1.1 MERCK KGAA
                        FIGURE 54 MERCK KGAA: COMPANY SNAPSHOT
                        TABLE 256 MERCK KGAA: COMPANY OVERVIEW
             11.1.2 AMYRIS, INC.
                        FIGURE 55 AMYRIS, INC.: COMPANY SNAPSHOT
                        TABLE 257 AMYRIS, INC.: COMPANY OVERVIEW
             11.1.3 SOPHIM
                        TABLE 258 SOPHIM: COMPANY OVERVIEW
             11.1.4 KISHIMOTO SPECIAL LIVER OIL CO., LTD.
                        TABLE 259 KISHIMOTO SPECIAL LIVER OIL CO., LTD.: COMPANY OVERVIEW
             11.1.5 EMPRESA FIGUEIRENSE DE PESCA, LDA
                        TABLE 260 EMPRESA FIGUEIRENSE DE PESCA, LDA: COMPANY OVERVIEW
             11.1.6 ARBEE
                        TABLE 261 ARBEE: COMPANY OVERVIEW
             11.1.7 ARISTA INDUSTRIES
                        TABLE 262 ARISTA INDUSTRIES: COMPANY OVERVIEW
             11.1.8 CIBUS
                        TABLE 263 CIBUS: COMPANY OVERVIEW
             11.1.9 OTTO CHEMIE PVT. LTD.
                        TABLE 264 OTTO CHEMIE PVT. LTD.: COMPANY OVERVIEW
             11.1.10 OLEICFAT, S.L.
                        TABLE 265 OLEICFAT, S.L.: COMPANY OVERVIEW
     11.2 OTHER KEY MARKET PLAYERS
             11.2.1 NZ GREEN HEALTH LTD
                        TABLE 266 NZ GREEN HEALTH LTD: COMPANY OVERVIEW
             11.2.2 CAROI’LINE COSMETICA
                        TABLE 267 CAROI’LINE COSMETICA: COMPANY OVERVIEW
             11.2.3 CARBOMER, INC.
                        TABLE 268 CARBOMER, INC.: COMPANY OVERVIEW
             11.2.4 BLUELINE FOODS (INDIA) PVT. LTD.
                        TABLE 269 BLUELINE FOODS (INDIA) PVT. LTD.: COMPANY OVERVIEW
             11.2.5 COASTAL GROUP
                        TABLE 270 COASTAL GROUP: COMPANY OVERVIEW
             11.2.6 ISSHO GENKI INTERNATIONAL INC.
                        TABLE 271 ISSHO GENKI INTERNATIONAL INC.: COMPANY OVERVIEW
             11.2.7 MAYPRO
                        TABLE 272 MAYPRO: COMPANY OVERVIEW
             11.2.8 CLARIANT AG
                        TABLE 273 CLARIANT AG: COMPANY OVERVIEW
             11.2.9 EVONIK INDUSTRIES AG
                        TABLE 274 EVONIK INDUSTRIES AG: COMPANY OVERVIEW
             11.2.10 TIANJIN WINNING HEALTH PRODUCTS CO., LTD (WINNING)
                        TABLE 275 TIANJIN WINNING HEALTH PRODUCTS CO., LTD (WINNING): COMPANY OVERVIEW
             11.2.11 AASHA BIOCHEM
                        TABLE 276 AASHA BIOCHEM: COMPANY OVERVIEW
             11.2.12 ADVONEX INTERNATIONAL CORPORATION
                        TABLE 277 ADVONEX INTERNATIONAL CORPORATION: COMPANY OVERVIEW
             11.2.13 TRIPLENINE
                        TABLE 278 TRIPLENINE: COMPANY OVERVIEW
             11.2.14 MY SQUALENE
                        TABLE 279 MY SQUALENE: COMPANY OVERVIEW
             11.2.15 NATURAL LIFE AUSTRALIA
                        TABLE 280 NATURAL LIFE AUSTRALIA: COMPANY OVERVIEW

*Details on Business Overview, Products, Recent Developments, MnM View might not be captured in case of unlisted companies.

12 ADJACENT & RELATED MARKETS (Page No. - 217)
     12.1 INTRODUCTION
     12.2 LIMITATIONS
     12.3 PERSONAL CARE INGREDIENTS MARKET
             12.3.1 MARKET DEFINITION
             12.3.2 MARKET OVERVIEW
             12.3.3 PERSONAL CARE INGREDIENTS MARKET, BY REGION
                        TABLE 281 PERSONAL CARE INGREDIENTS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                        TABLE 282 PERSONAL CARE INGREDIENTS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
                        TABLE 283 PERSONAL CARE INGREDIENTS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                        TABLE 284 PERSONAL CARE INGREDIENTS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                        12.3.3.1 Europe
                                     12.3.3.1.1 Europe: Personal Care Ingredients Market, By Country
                                                      TABLE 285 EUROPE: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                                                      TABLE 286 EUROPE: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                                                      TABLE 287 EUROPE: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                                                      TABLE 288 EUROPE: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                        12.3.3.2 Asia Pacific
                                     12.3.3.2.1 Asia Pacific: Personal Care Ingredients Market, By Country
                                                      TABLE 289 ASIA PACIFIC: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                                                      TABLE 290 ASIA PACIFIC: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                                                      TABLE 291 ASIA PACIFIC: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                                                      TABLE 292 ASIA PACIFIC: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                        12.3.3.3 North America
                                     12.3.3.3.1 North America: Personal Care Ingredients Market, By Country
                                                      TABLE 293 NORTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                                                      TABLE 294 NORTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                                                      TABLE 295 NORTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                                                      TABLE 296 NORTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                        12.3.3.4 Middle East & Africa
                                     12.3.3.4.1 Middle East & Africa: Personal Care Ingredients Market, By Country
                                                      TABLE 297 MIDDLE EAST & AFRICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                                                      TABLE 298 MIDDLE EAST & AFRICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                                                      TABLE 299 MIDDLE EAST & AFRICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                                                      TABLE 300 MIDDLE EAST & AFRICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                        12.3.3.5 South America
                                     12.3.3.5.1 South America: Personal Care Ingredients Market, By Country
                                                      TABLE 301 SOUTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                                                      TABLE 302 SOUTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                                                      TABLE 303 SOUTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                                                      TABLE 304 SOUTH AMERICA: PERSONAL CARE INGREDIENTS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)

13 APPENDIX (Page No. - 227)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.3 CUSTOMIZATION OPTIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

The study involved four major activities in estimating the market size for the squalene market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. Findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives.

Primary Research

The squalene market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of food, pharmaceuticals, cosmetics, and other industries. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Squalene Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the squalene market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

The key players in the industry were identified through extensive secondary research.

  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the food, pharmaceuticals, cosmetics, among other industries.

Report Objectives

  • To analyze and forecast the size of the squalene market in terms of value and volume
  • To provide detailed information regarding key factors, such as drivers, restraints, challenges and opportunities influencing the growth of the market
  • To define, describe, and segment the squalene market based on source type, and end-use industry.  
  • To forecast the size of the market segments for regions such as North America, Europe, Asia Pacific, Middle East & Africa and South America.  
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
  • To identify and analyze opportunities for stakeholders in the market
  • To strategically profile key players and comprehensively analyze their core competencies

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country or additional end-use industry

Company Information

  • Detailed analysis and profiles of additional market players (up to five)
Report Code
CH 2725
Published ON
Aug, 2022
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