What is Global Animal-sourced Squalene Market?
The global animal-sourced squalene market is a niche yet significant segment within the broader squalene industry. Squalene, a natural organic compound, is primarily derived from the liver oil of deep-sea sharks, although it can also be sourced from plants like olives and amaranth. However, the animal-sourced variant is particularly valued for its high purity and efficacy. This market is driven by the compound's extensive use in various industries, notably cosmetics, pharmaceuticals, and food supplements. Squalene is renowned for its emollient properties, making it a popular ingredient in skincare products where it helps to moisturize and protect the skin. Additionally, its antioxidant properties make it a valuable component in health supplements, aimed at boosting immunity and overall health. The demand for animal-sourced squalene is influenced by factors such as consumer awareness of natural and organic products, advancements in extraction technologies, and regulatory frameworks governing marine life conservation. Despite ethical concerns and sustainability issues associated with shark-derived squalene, the market continues to grow, driven by innovations and a shift towards more sustainable harvesting practices. The global animal-sourced squalene market is thus a dynamic field, balancing between consumer demand and environmental considerations.
A Level, B Level, C Level in the Global Animal-sourced Squalene Market:
In the global animal-sourced squalene market, the classification into A Level, B Level, and C Level can be understood as a way to categorize the quality and purity of squalene products, as well as the market players involved. A Level represents the highest quality squalene, often characterized by its superior purity and efficacy. This level is typically dominated by well-established companies with advanced extraction technologies and stringent quality control measures. These companies invest heavily in research and development to ensure their products meet the highest standards, catering to premium segments in cosmetics and pharmaceuticals. A Level squalene is often used in high-end skincare products and specialized health supplements, where efficacy and safety are paramount. B Level squalene, while still of good quality, may not match the purity and refinement of A Level products. Companies in this category may focus on balancing quality with cost-effectiveness, making their products more accessible to a broader market. B Level squalene is commonly used in mid-range cosmetic products and general health supplements, where affordability is a key consideration. These companies may also engage in partnerships or collaborations to enhance their market presence and product offerings. C Level squalene represents the entry-level segment, where the focus is primarily on cost efficiency. Products in this category may have lower purity levels and are often used in mass-market applications where price sensitivity is high. Companies operating at this level may prioritize volume over quality, catering to markets where squalene is used as a basic ingredient rather than a premium component. Despite the lower quality, C Level squalene still plays a crucial role in meeting the demand for affordable products in emerging markets. The differentiation into A, B, and C Levels allows for a structured approach to understanding the diverse landscape of the animal-sourced squalene market. It highlights the varying priorities of companies, from those emphasizing innovation and quality to those focusing on accessibility and cost-effectiveness. This classification also underscores the importance of quality assurance and regulatory compliance, as companies strive to meet the expectations of consumers and industry standards. As the market evolves, the distinctions between these levels may blur, with advancements in technology and shifts in consumer preferences driving changes in how squalene is sourced, processed, and marketed. Overall, the A, B, and C Level classification provides a framework for analyzing the competitive dynamics and strategic positioning of companies within the global animal-sourced squalene market.
Cosmetics, Food Supplements, Others in the Global Animal-sourced Squalene Market:
The global animal-sourced squalene market finds its applications across various sectors, with cosmetics, food supplements, and other industries being the primary areas of usage. In the cosmetics industry, squalene is highly valued for its exceptional moisturizing properties. It is a natural emollient that mimics the skin's natural oils, making it an ideal ingredient for skincare products. Squalene is often used in facial creams, lotions, and serums, where it helps to hydrate the skin, improve elasticity, and reduce the appearance of fine lines and wrinkles. Its lightweight and non-greasy texture make it suitable for all skin types, including sensitive and acne-prone skin. The demand for squalene in cosmetics is driven by the growing consumer preference for natural and organic ingredients, as well as the increasing awareness of the benefits of skincare. In the realm of food supplements, squalene is recognized for its antioxidant properties, which contribute to overall health and wellness. It is often included in dietary supplements aimed at boosting the immune system, enhancing energy levels, and supporting cardiovascular health. Squalene's ability to neutralize free radicals makes it a valuable component in supplements designed to combat oxidative stress and promote longevity. The use of squalene in food supplements is particularly popular among health-conscious consumers seeking natural alternatives to synthetic additives. Beyond cosmetics and food supplements, squalene is also utilized in other industries, albeit to a lesser extent. In the pharmaceutical sector, squalene is used as an adjuvant in vaccines, where it enhances the immune response and improves the efficacy of the vaccine. This application has gained prominence in recent years, especially in the development of vaccines for infectious diseases. Additionally, squalene is used in the production of lubricants and as a base for certain industrial applications, where its stability and low toxicity are advantageous. The versatility of squalene across these diverse applications underscores its importance in the global market. However, the reliance on animal-sourced squalene, particularly from sharks, raises ethical and sustainability concerns. This has led to increased interest in alternative sources, such as plant-based squalene, which offer similar benefits without the environmental impact. As the market continues to evolve, the balance between meeting consumer demand and ensuring sustainable sourcing practices will be crucial in shaping the future of the global animal-sourced squalene market.
Global Animal-sourced Squalene Market Outlook:
The global market for animal-sourced squalene was valued at approximately $126 million in 2024, with projections indicating a growth to around $192 million by 2031, reflecting a compound annual growth rate (CAGR) of 6.2% over the forecast period. This growth is indicative of the increasing demand for squalene across various industries, driven by its versatile applications and the rising consumer preference for natural and organic products. In the United Kingdom, there has been a notable increase in annual spending on veterinary and other pet services, rising from £2.6 billion in 2015 to £4 billion in 2021, marking a 54% increase over six years. This trend highlights the growing importance of animal health and wellness, which indirectly influences the demand for animal-derived products like squalene. According to Vetnosis, the global animal health industry was valued at $38.3 billion in 2021, representing a 12% increase. This growth underscores the expanding market for animal health products, including squalene, as consumers become more conscious of the health and well-being of their pets. In China, the pet medical market was valued at approximately 67.5 billion yuan in 2022, accounting for about 22.5% of the entire pet industry. This significant market share reflects the increasing investment in pet healthcare and the growing demand for high-quality animal-derived products. The global animal-sourced squalene market is thus poised for continued growth, driven by the convergence of consumer trends, technological advancements, and the expanding scope of applications across various industries.
| Report Metric | Details |
| Report Name | Animal-sourced Squalene Market |
| Accounted market size in year | US$ 126 million |
| Forecasted market size in 2031 | US$ 192 million |
| CAGR | 6.2% |
| Base Year | year |
| Forecasted years | 2025 - 2031 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Arista Industries, EFP Biotek, Seadragon Marine Oils, Maruha Nichiro, Gracefruit, Kishimoto Special Liver Oil, Amyris, New Zealand Green Health, Croda International |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
