About Squalane Oil
Squalene is a colorless, odorless, non-toxic natural compound that is commercially extracted from shark liver oil. However, restrictions on large-scale fishing of sharks have given upward jostle to alternate sources of extraction such as plant life and biosynthetic development. Squalane oil is an emollient, a kind of ingredient that works very plenty like skins personal oil (sebum) to forestall moisture loss. Chemically, its a hydrocarbon, a team of substances made of solely hydrogen and carbon. Common skin-friendly hydrocarbons for pores and skin consist of petrolatum and mineral oil; squalane is the most important one from the plant world, so its a proper choice if you favor to keep away from petrochemicals.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Squalane Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sophim (France), Amyris (United States), Arista Industries Inc. (United States), SeaDragon Marine Oils Limited (New Zealand), Nucelis LLC (United States), Ekiz Olive Oil & Soap Inc. (Turkey), Kishimoto Special Liver Oil Co. Ltd. (Japan), Empresa Figueirense De Pesca, Lda (Portugal), Arbee BiomarineExtracts Pvt. Ltd. (India) and New Zealand GreenHealth Limited (New Zealand) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Squalane Oil market by Type (Face, Body and Hand) and Region.
On the basis of geography, the market of Squalane Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Volume, the sub-segment i.e. Under 15ml will boost the Squalane Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Container , the sub-segment i.e. Bottle will boost the Squalane Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Paraben-free will boost the Squalane Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Benefits, the sub-segment i.e. Anti-ageing will boost the Squalane Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Skin Problems, the sub-segment i.e. Wrinkles will boost the Squalane Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Investment in R&D in Synthetic Biotechnology to Produce Squalene
Market Growth Drivers:
Increasing Consumer Awareness about the usage of High-quality Cosmetic Products
Challenges:
Stringent Regulations Employed by the General Fisheries Commission of the Mediterranean
Restraints:
High Cost Associated with Oils and Shark killing Concerns and Fishing Limitations
Opportunities:
Research and Development related to the Therapeutic use of Squalene as Adjunctive Therapy in a variety of Cancers
Market Leaders and their expansionary development strategies
In November 2020, Sophim, the European leader in the manufacture of natural squalane, has acquired of a factory in Andalucνa. A bio-functional ingredient, precursor of cholesterol and cell regeneration of the skin. This acquisition will allow a significant increase in the production capacity for Olive Squalane (Phytosqualan and Olive Oil Unsaponifiables (Insapolive that are manufactured by Sophim France in Peyruis, Provence. With this acquisition Sophim intends to reinforce its leading position in the field of vegetable squalane, a key ingredient for the Personal Care industry.
In 2020, Amyris announced the delivery of non-shark-based squalene samples to pharmaceutical companies, involved in the production of adjuvants for vaccines, including influenza and COVID-19 vaccines, to get a commercial license so that the company can start the production of its alternative squalene. The company expects commercialization and production of this squalene by the fourth quarter, which is expected to enhance its squalene business.
Key Target Audience
Squalane Oil Manufacturers, Squalane Oil Distributors and Suppliers, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.