Global Animal Sourced Squalene Market Size, Share, Trends, COVID-19 Impact and Growth Analysis Report – Segmented  By Application and Region – Industry Forecast (2024 to 2029)

Updated On: June, 2024
ID: 5132
Pages: 175

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 

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

Segments Covered

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

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa

Market Leaders Profiled

Bayer HealthCare AG, Bioniche Animal Health Canada, Sanofi Animal Health, Inc., Biogenesis Bago SA, Heska Corporation, Indian Immunologicals Ltd.,

 

SEGMENTAL ANALYSIS
 

Global Animal Sourced Squalene Market Analysis By Application

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.

REGIONAL ANALYSIS

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 2023 to 2029. Increased demand for dietary supplements in these countries, owing to increasing disposable income, evolving habits, and increased health awareness, would boost industry scale.

KEY PARTICIPANTS IN THE GLOBAL ANIMAL SOURCED SQUALENE MARKET

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.

DETAILED SEGMENTATION OF THE GLOBAL ANIMAL SOURCED SQUALENE MARKET IN THIS REPORT
 

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

By Application

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

By Region

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

Please wait. . . . Your request is being processed

Anil Kumar P is research manager at Market Data Forecast and responsible for Healthcare Domain.

Author

Anil Kumar P (Research Manager - Healthcare)

Anil Kumar P is the lead author of this report and the manager of the team responsible for authoring healthcare reports at Market Data Forecast. He holds a Bachelor’s degree in Pharmacy (Hons.) from BITS Pilani, one of India’s premier institutions. Over the past seven years, Anil has gained extensive experience working with multiple market research companies, where he has collaborated with a diverse range of clients—from innovative startups to Fortune 500 companies—delivering data-driven insights and strategic advice that drive business growth.

Read More

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample