Animal Sourced Squalene Market

Global Animal Sourced Squalene Market Size (2024 to 2029)

The global animal-sourced squalene market size is projected to grow at an impressive CAGR from 2024 to 2029.

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 the market growth.

REPORT COVERAGE:

This research report on the global animal-sourced squalene market has been segmented and sub-segmented based on type, production technologies, and region.

Global Animal Sourced Squalene Market – By Application:

• Cosmetics
  • Skin Care
  • Hair Care
  • Fragrance
• Food Supplements
• Healthcare
  • Cancer Treatment
  • Heart Disease
  • Skin Health

Squalene acts as a lubricant on the skin's 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 the 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 in 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.

Global Animal Sourced Squalene Market – By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

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.