Squalene Market by Source (Animal & Vegetable) & by End-user Industry (Cosmetics, Pharmaceuticals & Food Industry) - Global Trends & Forecasts to 2019
LONDON, Sept. 17, 2014 /PRNewswire/ -- The global consumption of squalene / squalane is expected to be 4,028.0 Tons by 2019. Squalene is a natural skin-identical chemical that finds applications in various end user industries such as cosmetic & personal care, food supplements, pharmaceuticals, and in other applications like high grade lubrication, and fiber coating additives.
The squalene market has a few major players and is regionally segregated. Sophim (France), Amyris Inc. (U.S.), Kishimoto Special Liver Oil Co. Ltd. (Japan), SeaDragon Marine Oils Ltd. (New Zealand) are a few of the leading players in squalene market. The difficulties in raw material availability due to regulations and competition from other industries, minimal governmental support, and western cultural impact have restrained the companies from entering the market. The market is expected to witness a lot of developments in the next five years in the form of collaborations and innovations through R&D activities. Amyris Inc. (U.S.) has been the most active company in the market till 2014.
Squalene / squalane is obtained from animal sources, mainly from the liver oil from deep sea sharks or from vegetable sources such as olive oil, sugarcanes, amaranth oil, wheat germ oil, and rice bran oil. The shark liver oil has been the traditional source for squalene but has been the reason for the rampant killing of these animals. The governmental regulations, NGO activities, and growing environmental concern in the minds of the consumers have restricted the growth of this segment. Vegetable squalene segment has come into the spotlight to replace the animal sourced squalene segment. New technologies and increasing demand from the end-user industries are expected to be driving the growth of this segment.
The squalene market is analyzed in terms of volume (Tons) and value ($Million) for all regions, and its respective major countries. The market size in terms of value from each region has been broken down by the major end-user industries, namely, cosmetic & personal care, food supplements, pharmaceuticals, and others like high grade lubrication and fiber coating additives.
Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, world economic outlook, trade websites, and databases have been referred to for this report, to identify and collect the information useful for this extensive commercial study of the squalene market. The primary sources—experts from related industries and suppliers—have been interviewed to obtain and verify critical information as well as to assess the prospects and market estimations.
This report analyzes the various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as Sophim (France), Croda International (U.K.), Amyris Inc. (U.S.), SeaDragon Marine Oils Ltd. (New Zealand), Kishimoto Special Liver Oil Co. Ltd. (Japan), Empressa Figueirrense de Pesca, LDA. (Portugal), among others have been profiled in the report.
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