The global animal-sourced squalene market size is projected to grow at an impressive CAGR from 2022 to 2027.
Squalene is a naturally occurring organic compound present in various animals and plants, including human sebum. Squalene has many beneficial effects, including anti-oxidation, anti-aging, immune system boosting, UV defense, and many others. It, therefore, has a wide variety of uses in the cosmetics, pharmaceuticals, and food industries.
The growing geriatric population has resulted in a high prevalence of cancer and cardiovascular diseases. Squalene aids in reducing carcinogen and cholesterol levels, which is anticipated to propel its demand in pharmaceutical applications. Furthermore, rising squalene applications as immune system support are expected to present lucrative opportunities for market growth.
On the other hand, a government ban on shark fishing is anticipated to hinder market growth.
Market Size Available
2021 to 2027
2022 to 2027
By Type, Production Technologies, and Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa
This research report on the global animal-sourced squalene market has been segmented and sub-segmented based on type, production technologies, and region.
Animal Sourced Squalene Market – By Application:
Squalene acts as a lubricant on the skin surface, giving the skin a soft, shiny look. Squalene improves the spreadability and absorption of creams and lotions and prevents moisture loss, fine line reduction, and wrinkle prevention. In case of hair care: Moisturizing the hair will help avoid breakage and improve shine. Natural oils are used in hair. Weather, era, diet, and heat damage can all cause locks to dry out. Squalene can help to rehydrate your hair while still protecting it from further injury. Squalene can be used in significant concentrations in shark liver oil and smaller amounts in olive oil, wheat germ oil, rice bran oil, yeast, and various other foods. Squalene is made by hydrogenating squalene absolutely. In the human body, the hydrogenation process occurs naturally. Squalene is traditionally obtained from the liver of deep-sea sharks, although it can be made from plants. Another aspect adding to the development of the squalene industry in the skincare sector is a growing awareness of the risks of sun exposure. By considering all these, Cosmetics have the highest market share in the Animal-sourced Squalene Market.
Squalene is used to treat leukemia and other tumors, prevent radiation illness from cancer X-ray therapy and treat the common cold, pneumonia, and swine flu. It also helps the body's immune system and boosts white blood cell counts during anti-cancer drug therapy. Due to Heart disease, many people died worldwide. Squalene (SQ), a cholesterol biosynthesis intermediate, is thought to function similarly to statins by inhibiting 3-hydroxy-3-methylglutaryl coenzyme A (HMG-CoA) reductase in the liver.
Animal Sourced Squalene Market – By Region:
Geographically, the animal-sourced squalene market was dominated by Europe, followed by North America and APAC. Countries such as the United Kingdom, Germany, France, and Italy, among others, have the greatest demand in this area since they are developing countries with people who are more skilled or literate than people in other parts of the world. As a result, they are more conscious of using various cosmetics related to skincare, haircare, etc. Health centers in these countries, on the other hand, are known as some of the strongest in the world. The area is home to some of the world's most powerful cosmetics firms, including L'Oreal (France) and Beiersdorf (Germany).
Due to the growing cosmetics market in India, China, South Korea, Indonesia, and Malaysia, Asia Pacific is projected to see the highest volume growth at a CAGR of 10.0% between 2020 to 2025. Increased demand for dietary supplements in these countries, owing to increasing disposable income, evolving habits, and increased health awareness, would boost industry scale.
KEY MARKET PARTICIPANTS:
Companies playing a leading role in the Global Animal Sourced Squalene Market profiled in this report are Bayer HealthCare AG, Bioniche Animal Health Canada, Sanofi Animal Health, Inc., Biogenesis Bago SA, Heska Corporation, Indian Immunologicals Ltd., Boehringer Ingelheim GmbH, Zoetis, Novartis Animal Health, Inc., Merck & Co. Inc. and Protein Sciences.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
188.8.131.52 Skin Care
184.108.40.206 Hair Care
5.1.3 Food Supplements
220.127.116.11 Cancer Treatment
18.104.22.168 Heart Disease
22.214.171.124 Skin Health
5.1.5 Y-o-Y Growth Analysis, By Application
5.1.6 Market Attractiveness Analysis, By Application
5.1.7 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Application
6.1.4 Market Attractiveness Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Application
6.1.5 Market Share Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Application
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Arista Industries Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Empressa Figueirrense de Pesca
8.3 Seadragon Marine Oils Limited
8.4 Maruha Nichiro Corporation
8.5 Gracefruit Limited
8.6 Kishimoto Special Liver Oil Co. Ltd.
8.7 Amyris Inc.
8.8 New Zealand Green Health Ltd.
8.9 Croda International PLC
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figure
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