Squalene Industry Gains Traction as Key Players Focus on Sustainability and Innovation

squalene industry was estimated to be USD 151.08 million in 2023. From 2023 to 2030, total squalene revenue is predicted to increase at a compound annual growth rate (CAGR) of 6.4 %, or nearly USD 233.24 million.

The global  Squalene Industry  is experiencing steady growth, driven by the increasing demand for natural and sustainable ingredients in cosmetics, pharmaceuticals, and nutraceuticals. Squalene, a naturally occurring compound derived from sources such as shark liver oil and plant-based alternatives like olive oil and amaranth oil, is widely used for its moisturizing, antioxidant, and immune-boosting properties. Leading companies in the industry are leveraging technological advancements, strategic partnerships, and investments to strengthen their market position and cater to the evolving needs of modern consumers.

Leading Players in the Squalene Market

Amyris, Inc.:

A leader in squalene globally, Amyris is known for its sustainable bio-based squalene from sugarcane. Its products are used in many cosmetic and personal care applications. Amyris has established itself as a leader in the market through its sustainability solutions and biotechnology technology.

Kishimoto Special Liver Oil Co., Ltd.:

Kishimoto Special Liver Oil is a major contributor to the squalene market, focusing on squalene derived from shark liver oil. Its products are used in pharmaceuticals, nutraceuticals and cosmetics. Kishimoto focuses on quality and traditional extraction methods, which have helped the company establish a strong presence in the market.

Sophim:

Sophim is a leading supplier of plant-based squalene, providing sustainable alternatives to shark-sourced squalene. The company specializes in personal care and skin care products. Sophim is a trusted name in the industry because of its focus on sustainable and innovative processes.

Nucelis LLC:

Nucelis is an innovator focused on sustainable and high-performance ingredients for cosmetics and personal care, with leading bio-based squalene production. Its emphasis on biotechnology and green chemistry has made it a major force in the industry.

Maruha Nichiro Corporation:

Maruha Nichiro is a key player in the squalene industry, providing a range of marine-sourced squalene products. Its products are used in pharmaceuticals, nutraceuticals and cosmetics. Its strength in the market was driven by its continuing commitment to quality and sustainability.

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Recent Mergers and Acquisitions

In the squalene market, there have been few strategic mergers and acquisitions in order to expand the market presence and biofactories capabilities. Notably, Amyris expands its footing in bio-based squalene space with its recent acquisition of a specialty biotechnology company. Consistent with previous plans, Sophim has been engaged in its search for partnerships and collaborations to support its offer in plant-based squalene solutions.

Market Update: Recent Developments

Squalene Industry Advances The demand for sustainable and natural ingredients is propelling the squalene industry. Amyris has introduced its latest line of bio-based squalene; providing superior purity and performance for the fledgling demand in greener cosmetics. And that Sophim has launched several innovative plant-based versions of squalene with enhanced moisturizing and antioxidant effects targeting skin and personal care applications.

Furthermore, Nucelis has presented bio-based squalene advanced ingredients with improved stability and compatibility which makes them suitable for various types of cosmetic formulations. These advances underscore the industry's prioritization of innovation and meeting the challenges of contemporary consumer tastes.

New Funding and Investments

Investments in the squalene market have increased due to the market being a speculative area to cash in on growing demand for sustainable and natural ingredients. Other headline movers included Maruha Nichiro, which recently revealed significant investment spending to scale up its squalene production and supply to pharmaceutical and nutraceutical customers, as well as Mantracourt Electronics in the UK, which was acquired by industrial sensors specialist GSI to complement and expand its product offering. Fecc has apparent access for funding to create more high-end bio-based squalene products with superior performance and sustainability characteristics.

These investments reflect the industry's dedication to innovation, sustainability, and growth, ensuring that manufacturers are adequately prepared to meet the changing demands of today's consumers.

Conclusion

Key players in the squalene industry are well-positioned to continue to increase the growth for this sector with their innovative efforts and dynamic business strategies. As consumer appetites for natural and sustainable ingredients grow, squalene will become an essential enabler of advanced applications in cosmetics, pharmaceuticals, and nutraceuticals. These leading players are shaping the way forward in the squalene industry, thus ensuring a vibrant and sustainable future for the industry over the years to come.


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