Squalene Market Size by Source Type, End-User, Region, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2034
Overview
Squalene Market was valued at USD 179.17 Mn in 2025, and total global Squalene Market revenue is expected to grow at a CAGR of 8.9% from 2026 to 2034, reaching nearly USD 385.94 Mn., with plant-based sourcing, clean beauty demands.
Squalene Market Overview
Squalene is a naturally occurring triterpene compound known for its moisturizing, antioxidant and emollient properties, widely used in cosmetic, pharmaceutical and nutraceuticals. Squalene market is defined by growing shift towards sustainable, plant based and biosynthetic alternative by rising environmental concerns, particularly around shark based sourcing.
Demand has been driven by its use in personal care and skincare products, supported by increasing preference for clean label and cruelty free formulations. Supply is now transitioning from marine to botanical (olive, amaranth) and biosynthetic source (e.g., sugarcane fermentation), improving ethical sourcing and scalability. Asia Pacific led market consumption in 2025, especially in beauty-centric economy like China, Japan and South Korea, followed by North America due to high end personal care and pharma applications.
Key players like Amyris Inc., DSM Nutritional Products and Sophim SAS are shaping market through innovation, vertical integration and sustainable sourcing. Personal care dominated end end-user segment in 2025, while regulations on marine biodiversity conservation continue to influence trade and sourcing trends globally.
Report covers the Squalene Market dynamic, structure by analysing the market segments and projecting Squalene Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies and regional presence in the Squalene Market.
Squalene Market Analysis from 2025 to 2034
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Squalene Market Dynamics
The rising demand for squalene in the cosmetics and personal care industry to Drive the Market growth
The surging popularity of squalene within the cosmetics and personal care sector has been attributed to its profound moisturizing and anti-aging attributes. This natural compound has become a staple in skincare and beauty products, including moisturizers, creams, and serums. Phytosqualane is a natural vegetable squalene sourced from olive that can be used as a high-performing emollient in cosmetics. On top of restoring the lipidic barrier of the skin, it has a great compatibility with skin components and allows to development of extra soft textures.
The United Nations released a report stating that more than 50 shark species are fished for their liver oil, several of which appear on the International Union for the Conservation of Nature's Red List. At this point, approximately 3,000 sharks, the major and the most popular source of squalene must be killed to obtain 1 ton of squalene.
Researchers have proven that there are many plants (olive oil, amaranth, wheat germ, rice bran) with having ability to produce squalene. These plants are considered good alternatives to sharks for squalene porducts. For example, amaranth oil contains squalene at 69.5 mg/g. Also, the olive tree, the most used plant as a squalene source, includes squalene as 7 mg/g in its leaves.
Increasing Demand for Natural and Sustainable Products to Drive the Squalene Market Growth
The growing consumer inclination towards natural and sustainable products marks a substantial opportunity for the squalene market. The desire for sustainable and eco-friendly ingredients is well-suited for squalene, particularly when it comes from plant-based sources. Health and wellness initiatives, along with natural and sustainable trends, are additional important drivers driving the rise of the squalene market's revenue.
The ascent of green beauty standards, spotlighting sustainable and natural ingredients, is becoming increasingly notable within the beauty and personal care industry. One of the most well-known green beauty certifications is the USDA Organic certification. This certification ensures that the product contains at least 95% organic ingredients and that the remaining 5% of ingredients are on the USDA's approved list.
Extraction of squalene from shark liver oil poses to restrain Squalene Market
The reduction in shark numbers disrupts the natural balance within marine ecosystems, as sharks play a crucial role in maintaining the health and stability of marine environments. Sharks contribute to the biodiversity of marine ecosystems by regulating the populations of prey species. The presence of sharks helps to control the abundance and behavior of various marine organisms, preventing the overpopulation of certain species and promoting the overall health of the ecosystem.
Biodiversity enhances the ability of ecosystems to withstand environmental changes and disturbances, making them more resilient in the face of challenges. The potential loss of biodiversity due to squalene extraction highlights the importance of conservation efforts to protect shark populations. The shark liver oil contained around 50% by weight squalene, which was recovered as the main extract stream. Approximately, 100 million sharks are killed annually, and over three million are targeted for the liver oil market alone.
While this may represent only a fraction of the number of sharks killed each year, it does not make the number insignificant. Sharks play a crucial role in maintaining the health of marine populations by preying on weak, sick, or injured individuals. It plays an important role in cultures around the world and benefits human livelihoods through ecotourism and fishing.
Squalene Market Segment Analysis
Based On Source Type, the plants segment dominated the market in 2025, due to the diminishing shark population, increased public awareness of animal welfare and conservation, and regulatory frameworks implemented by the government for the protection of marine creatures. According to MMR research, due to the significant cultivation of olive trees in this region, global olive oil output might exceed 3,214,500 tonnes, a 2.9% increase over the previous crop year. Squalene is naturally present in olives, amaranth, and rice bran.
The Product is found in the highest concentrations in olives, depending on the cultivator, extraction process, and level of oil refinement. When compared to refined olive oils, extra virgin unrefined olive oil has higher concentrations of the product. Shark squalene is derived from the liver oil of newly preserved livers of a variety of deeper water shark species, which have a greater poduct concentration.
Because it takes around 3000 sharks to extract one tonne of squalene, overfishing of these creatures has resulted in a major reduction in the population of some species, as over 2.7 million deep-sea sharks are poached each year due to their widespread use in the beauty business.
Based on End User, the personal care and cosmetics segment is dominated in global Squalene market in 2025 and is expected to dominate over forecast period. The use of squalene in several cosmetic product for skin and hair care has contributed to the segment's rise. Multinational cosmetic businesses such as L'Oréal, Unilever, and St. Botanica have already begun to transition from shark liver oil-based to plant-based squalene for U.S.ge in their personal care products and cosmetics due to its excellent characteristics and lower danger of shark extinction.
Food is the second-largest end-use industry in the Squalene industry, behind pharmaceuticals. Squalene is used to boost the nutritional content of a variety of food items. These are used in the manufacturing of dietary supplements such as capsules, pills, and other items. The demand for squalene in the food business would be determined by the expansion of the nutraceuticals sector's dietary supplements segment. The nutraceuticals industry is currently growing, fuelled by growing economies such as India, China and Brazil.
Squalene Market Regional Insights
Asia Pacific Region is dominated the Squalene Market in 2025 and is expected to dominate over forecast period
The Asia Pacific area is expected to be the dominating region for personal care and food. Squalene's immune system strengthening, anti-aging, anti-oxidation and UV protection capabilities are expected to boost squalene market growth.
The fast development of the food processing sector in China, India and ASEAN nations is likely to boost demand for squalene. The increasing use of squalene in bath oils, eye makeup, suntan, nail products, body powders, cleansing, moisturizing, and other cosmetic and personal care products, as well as the growing demand from the cosmetic and personal care industries in countries such as China and India, are expected to drive the squalene industry.
The Asia Pacific area has one of the world's major cosmetics products on businesses. The majority of the demand comes from China, Japan, South Korea and Singapore. China is a significant cosmetics consumer. South Korea boasts one of the world's best beauty marketplaces. New beauty trends and advances are continuously on show, with complex ingredients and visually pleasing packaging. As a result, the mentioned factors are expected to have a substantial influence on the Squalene market over the forecast period.
Squalene Market Competitive Landscape
Global Squalene market is shaped by innovation led strategy and vertically integrated operations, with Amyris Inc., DSM Nutritional Products and Sophim SAS emerging as front runners. Amyris Inc., a developer of biosynthetic squalene through fermentation based biotechnology, has redefined market dynamics by eliminating dependency on shark derived sources, aligning strongly with ESG goals and clean beauty trends.
Rapid scale up capability and partnership with top personal care brands grant it significant competitive edge. DSM Nutritional Products, leveraging its robust R&D and nutraceutical legacy, offers premium grade squalene for both pharmaceutical and cosmetic applications, backed by strict quality assurance and sustainability metrics. Global footprint and regulatory leadership make it a preferred supplier in Europe and North America. Sophim SAS, headquartered in France, balances traditional olive based squalene production with expanding biosynthetic capacities. Known for high purity plant derived squalene, it strategically caters to clean label demand across Europe and Asia Pacific.
While Amyris lead in synthetic innovation, DSM dominate regulated nutraceutical vertical and Sophim remains strong in premium botanical solutions. Together, these players define the competitive core of market steadily moving toward ethical sourcing and biotech integration.
Squalene Market Recent Development
| Date | Company | Development | Impact |
|---|---|---|---|
| 19 May 2026 | Olon | Partnered with CimCure BV for the Phase I aseptic manufacturing and filling of a novel squalene-adjuvanted cancer vaccine. | Advances high-purity pharmaceutical applications and expands clinical-stage supply chains for squalene-based immunotherapies. |
| 19 February 2026 | Olon | Formed a strategic collaboration with Zymvol to integrate AI-powered enzyme design with large-scale biomanufacturing. | Removes key cost and scale barriers to industrial-scale biocatalysis, improving supply efficiency for sustainable chemical derivatives. |
Squalene Market Scope: Inquire before buying
| Squalene Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2025 | Forecast Period: | 2026-2034 |
| Historical Data: | 2020 to 2025 | Market Size in 2025: | USD 179.17 Mn. |
| Forecast Period 2026 to 2034 CAGR: | 8.9% | Market Size in 2034: | USD 385.94 Mn. |
| Segments Covered: | by Source Type | Animal Vegetable Source Biosynthetic |
|
| by End-User | Pharmaceuticals Personal Care & Cosmetics Nutraceuticals Food & Beverages |
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Squalene Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Squalene Market Key Players
North America
1. Amyris Inc. (U.S.)
2. Seadragon Marine Oils Ltd (New Zealand)
3. Croda Inc. (U.S.)
4. Sophim North America (U.S.)
5. EFP Biotek U.S. (U.S.)
Europe
6. Sophim SAS (France)
7. DSM Nutritional Products (Switzerland)
8. Arista Industries Europe (Germany)
9. Sederma SAS (France)
10. Ekiz Olive Oil and Soap Inc. (Turkey)
11. SOPHARMA AD (Bulgaria)
12. Euskal Seabizkaia S.A. (Spain)
13. A&A Fratelli Parodi Spa (Italy)
Asia Pacific
14. Nikko Chemicals Co., Ltd. (Japan)
15. Kishimoto Special Liver Oil Co., Ltd. (Japan)
16. Carotino Group (Malaysia)
17. SeaDragon Marine Oils Ltd. (New Zealand)
18. Jiaxing Hengjie Bio-Pharmaceutical Co., Ltd. (China)
19. Croda Japan KK (Japan)
20. Shaanxi Pioneer Biotech Co., Ltd. (China)
21. Shanghai Dongzheng Chemical Co., Ltd. (China)
22. Kancor Ingredients Ltd. (India)
Middle East & Africa
23. Istanbul Olive Oil & Derivatives (Turkey)
24. Afrinatural Holdings (South Africa)
25. Desertcart (South Africa)
South America
26. Natura &Co (Brazil)
27. Sabara (Brazil)
28. Bio Extractos (Argentina)
29. Laboratorio LAFEDAR (Argentina)
Frequently Asked Questions :
1. What is the study period of the market?
Ans. The Global Squalene Market is studied from 2020-2034.
2. What is the growth rate of the Squalene Market?
Ans. The Squalene Market is growing at a CAGR of 8.9% over the forecast period.
3. What is the market size of the Squalene Market by 2034?
Ans. The market size of the Squalene Market by 2034 is expected to reach USD 385.94 Mn.
4. What is the forecast period for the Squalene Market?
Ans. The forecast period for the Squalene Market is 2026-2034.
5. What was the market size of the Squalene Market in 2025?
Ans. The market size of the Squalene Market in 2025 was valued at USD 179.17 Mn.