Europe Squalene Market

Europe Squalene Market Size, Share, Growth Analysis, By Source(Animal, Plant and Synthetic), By End User(Pharmaceuticals, Personal Care & Cosmetics, Nutraceuticals, Food & Beverages), By Region - Industry Forecast 2025-2032


Report ID: SQMIR15E2521 | Region: Regional | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 75

Europe Squalene Market Dynamics

Drivers

Squalene Demand in Cosmetic Industry to Provide Lucrative Revenue Generating Opportunities

  • Due to its moisturizing and anti-aging qualities, squalene is a popular component in skincare products. The market for cosmetics using squalene is anticipated to rise as consumers learn more about its benefits.
  • Squalene has been found to support heart health and boost immunity, among other health benefits. As a result, there is now more demand for functional foods and squalene supplements.
  • The well-established and controlled European squalene market maintains high standards for quality and safety. This increases consumer and industry trust and promotes market expansion.

Restraints

Low Squalene Stockpile to Hinder Market Growth

  • Squalene is mainly produced from shark liver oil, which raises moral and ecological problems. This restricts the supply of squalene and raises questions about the effect on shark populations.
  • Squalene is a premium ingredient in many products because the extraction and purification process can be costly. Its market potential may well be limited as a consequence in some industries.
  • In some applications, such as food supplements and vaccines, squalene is subject to tight rules. This could reduce the market potential for items containing squalene and raise the cost of compliance.
$3,500
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Europe Squalene Market size was valued at USD 40.08 million in 2021 and is poised to grow from USD 43.29 million in 2022 to USD 99.12 million by 2030, growing at a CAGR of 10.6% in the forecast period (2023-2030).

The general volume of shipments completed in high volumes and the wide range of goods offered by many local as well as international businesses make the market highly competitive. To lower the overall cost of the product and compete in the highly competitive market, market participants often use mergers, acquisitions, and joint ventures. 'Amyris, Inc.', 'Sophim S.A.', 'Ekiz Olive Oil & Soap Inc.', 'Kishimoto Special Liver Oil Co., Ltd.', 'SeaDragon Marine Oils Limited', 'Arista Industries Inc.', 'Maruha Nichiro Corporation', 'Empresa Figueirense De Pesca Lda', 'Nucelis LLC', 'BSB International GmbH', 'Empresa De Transformacao De Produtos Agricolas Do Nordeste, S.A.', 'Enzymotec Ltd.', 'AOMI Ltd.', 'Afineur, LLC', 'Croda International Plc.', 'R S Lura Limited', 'Far East Microalgae Industries Co., Ltd.', 'Golden Health Technology Co., Ltd.', 'Nippon Suisan Kaisha, Ltd.', 'Harbin Pharm. Group Sanjing Pharmaceutical Co., Ltd.'

Due to its moisturizing and anti-aging qualities, squalene is a popular component in skincare products. The market for cosmetics using squalene is anticipated to rise as consumers learn more about its benefits.

Squalene is a popular emollient and moisturizer in the cosmetic industry. Due to growing consumer awareness of the benefits of natural and organic products, the demand for squalene in the cosmetics industry has been steadily rising.

Germany had the greatest volume share in 2021 with more than 18.0%. This is a result of the increased demand for squalene in goods including paint, varnish, leather, textiles, and cosmetics. Germany is one of Europe's largest markets for beauty products and is growing swiftly due to high domestic demand, which is likely to enhance the country's demand for squalene.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Europe Squalene Market

Report ID: SQMIR15E2521

$3,500
BUY NOW GET FREE SAMPLE