Squalene Market – Segmentation Analysis and Forecasts by Technavio

October 4, 2017

LONDON–(BUSINESS WIRE)–#Research–According to the latest market study released by Technavio,
the global squalene market is expected to grow at a CAGR of over 10%
during the predicted period.

This research report titled ‘Global
Squalene Market 2017-2021’ provides an in-depth analysis of the
market in terms of revenue and emerging market trends. This market
research report also includes up to date analysis and forecasts for
various market segments and all geographical regions.

The global squalene market will grow at a significant pace during the
forecast period. This is mainly due to its high demand from the
cosmetics segment. However, the growth prospects of the squalene market
differ from region to region. The major market for squalene is Europe
due to its developed end-user segments such as cosmetics, food
supplements.

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Technavio’s analysts categorize the global squalene market into three
major segments by end users. They are:

Cosmetics and personal care products
Food supplements
Pharmaceuticals

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Global squalene market for cosmetics and personal care products

The cosmetics and personal care products segment is the major end-user
of the global squalene market. In cosmetics and personal care industry,
it is used to manufacture hair products, bath oils, makeup foundations,
lipsticks, eye makeup, moisturizing creams, suntan and sunscreen
products, nail products, cleansing creams, body powders, and skin care
products.

According to Kshama Upadhyay, a lead specialty
chemicals research analyst from Technavio, “As squalene possess a
humectant property of retaining water capacity of the skin, it is used
in various products such as lotions, dry skin healing cream, and
lipsticks. This has resulted in protecting skin through preventing
moisture loss. Moreover, this ingredient is believed to have
antibacterial properties. It softens the skin and also fights aging by
protecting the skin against UV rays.”

Global squalene market for food supplements

In the food supplements industry, squalene is used as a dietary product
to build the immune system. Also, the intake of squalene in food
improves the digestive system, promotes weight loss, and prevents from
vertigo discomfort, eyesight health, improving concentration,
normalizing cholesterol levels, and recovery from hangovers.

“Various sources of squalene
in food products include rice bran oil, shark liver oil, olive oil,
olives, wheat germ, and amaranth seeds. Among these products, amaranth
seeds contain 10 times more squalene than the traditionally used shark
liver oil. In the Mediterranean, olives and olive oil are highly used in
their diet due to its numerous health benefits,” says Kshama.

Global squalene market for pharmaceuticals

In the pharmaceutical industry, it is used in various treatments such as
heart diseases, leukemia, and cancer treatment. It also offers
protection from radiation illness during X-ray therapy and acts as a
detoxifier of xenobiotics. It has sustainable properties such as
antibiotic, anticoagulant, antihistamine, antiphlogistine,
anticarcinogen, and antiallergic.

With these properties, it provides numerous benefits such as balancing
hormone levels, improving the action of the pharmaceutical drug,
improving blood circulation, and controlling chronic illnesses like
diabetes, asthma, arthritis, and rheumatism. It also controls
hyperactivity, attention deficit hyperactivity disorder (ADHD), and
dyslexia.

The top vendors highlighted by Technavio’s research analysts in this
report are:

Amyris
ARISTA INDUSTRIES
Maruha Nichiro
SeaDragon
Sophim

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