Biosynthetic Squalene Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 2.05 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The biosynthetic squalene market has been growing at a steady pace due to its widespread application across various industries. Squalene is a natural compound found in plants, animals, and microorganisms, and its biosynthesis in plants or microorganisms is emerging as a preferred production method. This ensures a sustainable and ethical supply compared to traditional sources, such as shark liver oil. The biosynthetic production of squalene is considered more environmentally friendly, contributing to its increasing demand in the cosmetics, pharmaceuticals, and food industries. As awareness regarding the benefits of squalene continues to grow, its demand across different application segments is anticipated to rise significantly in the coming years.
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The cosmetics industry is one of the largest consumers of biosynthetic squalene due to its excellent moisturizing, anti-aging, and skin-healing properties. Squalene is used in a variety of skin care products, including moisturizers, anti-aging creams, lip balms, and serums, where it is valued for its ability to mimic the skin’s natural oils. Its non-comedogenic and antioxidant properties make it ideal for products designed to maintain skin hydration, reduce the appearance of fine lines, and protect the skin from oxidative damage caused by environmental factors. Furthermore, biosynthetic squalene’s plant-based sourcing aligns with the increasing consumer preference for vegan and sustainable cosmetic products, positioning it as a key ingredient for natural beauty formulations.
The growing demand for clean beauty products and heightened awareness about the adverse environmental impact of shark-derived squalene have further accelerated the shift towards biosynthetic alternatives. The potential of biosynthetic squalene to replace synthetic or animal-derived alternatives in skincare is being recognized globally, driving innovation in formulations that appeal to a more eco-conscious and health-conscious consumer base. This trend is likely to expand as new advancements in biotechnology continue to enhance the efficiency and cost-effectiveness of biosynthetic squalene production methods, ensuring it remains an integral part of the cosmetics industry for years to come.
In the food industry, biosynthetic squalene is used as a dietary supplement due to its potential health benefits. Squalene has antioxidant properties, which make it a valuable ingredient for enhancing the nutritional profile of functional foods and supplements. Its high content of unsaturated fatty acids and its role in promoting overall wellness, including supporting the immune system and cardiovascular health, contribute to its growing demand in the health and wellness market. As consumers become more health-conscious, the inclusion of squalene in food and dietary supplements provides a natural option for maintaining a healthy lifestyle, making it a popular choice for ingredient manufacturers in this sector.
The food industry has seen an increase in the incorporation of plant-based ingredients, and biosynthetic squalene fits perfectly into this trend. Its vegan-friendly and sustainable production methods make it an attractive option for companies looking to cater to the growing demand for plant-based and environmentally conscious products. Additionally, squalene is considered a valuable source of omega-3 fatty acids, further fueling its inclusion in supplements aimed at promoting heart health. The versatility and health benefits of biosynthetic squalene ensure its continued growth within the food industry, with the potential for further innovation in functional food products.
Biosynthetic squalene has significant applications in the pharmaceutical industry due to its potential as an excipient in drug delivery systems and its role as a key ingredient in vaccine adjuvants. The compound’s ability to enhance the effectiveness of vaccines by boosting immune responses has made it crucial in the development of various vaccines, including those for influenza and COVID-19. In addition, squalene is used in the creation of liposomal formulations that can improve the bioavailability of poorly soluble drugs, ensuring better therapeutic outcomes. Its anti-inflammatory and antioxidant properties make it a valuable component in the formulation of pharmaceutical products aimed at reducing oxidative stress and inflammation.
The pharmaceutical industry’s reliance on biosynthetic squalene is expected to grow, as the compound continues to be explored for new therapeutic applications. Innovations in biotechnology are driving the production of high-quality, cost-effective biosynthetic squalene that meets the stringent requirements of the pharmaceutical sector. As the demand for safe, sustainable, and effective pharmaceutical ingredients increases, biosynthetic squalene’s role in drug development, particularly in vaccines and liposomal drug delivery systems, is anticipated to expand, positioning it as a critical component in the next generation of pharmaceutical treatments.
Apart from the primary sectors of cosmetics, food, and pharmaceuticals, biosynthetic squalene is also finding its way into several niche applications. It is used in the production of biodegradable lubricants, biofuels, and personal care products such as hair oils and soaps. Its chemical stability and ability to function as a solvent make it an attractive ingredient for formulations in these industries. Additionally, biosynthetic squalene is gaining traction in the production of eco-friendly industrial lubricants, as it is derived from renewable plant-based sources and offers improved environmental sustainability compared to traditional petroleum-based lubricants.
The rising demand for green and sustainable products is driving the adoption of biosynthetic squalene in diverse industrial applications. As businesses strive to reduce their environmental footprint, the utilization of plant-derived squalene in sectors like manufacturing and energy is expected to increase. Furthermore, the increasing interest in alternative energy sources has led to the exploration of biosynthetic squalene as a potential feedstock for the production of biofuels. This shift toward renewable resources across various industries could position biosynthetic squalene as a key ingredient in promoting a more sustainable future.
1. Sustainable and Ethical Sourcing: With rising concerns over sustainability and environmental impact, there is a growing shift toward plant-based biosynthetic squalene as a more ethical alternative to shark-derived squalene. This trend aligns with the increasing demand for vegan, cruelty-free, and environmentally conscious products.
2. Clean Beauty and Natural Ingredients: The growing trend in the cosmetics industry toward clean, natural, and non-toxic beauty products has boosted the demand for biosynthetic squalene, which is prized for its pure, plant-derived formulation and absence of harmful chemicals.
3. Advancements in Biotechnology: Technological innovations in biotechnology are enhancing the production processes of biosynthetic squalene, making it more cost-effective and accessible to various industries. This is expected to further drive its adoption across multiple sectors.
4. Health-Conscious Consumer Behavior: Increasing awareness of the health benefits associated with squalene, such as its antioxidant, anti-inflammatory, and immune-boosting properties, has led to its growing inclusion in dietary supplements and functional foods.
5. Vaccine Development and Pharmaceutical Research: The pharmaceutical industry's increasing reliance on squalene for vaccine adjuvants and liposomal drug delivery systems is expected to remain a key driver for the market, particularly following the success of squalene-based vaccines for COVID-19.
The biosynthetic squalene market presents several opportunities for growth, particularly in the cosmetic, pharmaceutical, and food industries. The increasing preference for sustainable, plant-derived ingredients offers manufacturers an opportunity to capitalize on the growing demand for eco-friendly and cruelty-free products. The expansion of functional foods and dietary supplements that contain biosynthetic squalene is another promising avenue for market growth, as consumers seek natural alternatives to support their health and wellness.
Additionally, ongoing advancements in biotechnology are likely to improve the efficiency of squalene production, which will reduce costs and make it more accessible to a broader range of industries. The continued development of biosynthetic squalene-based vaccines and drug delivery systems in the pharmaceutical sector represents a major growth area, especially as global demand for innovative healthcare solutions continues to rise. With these key trends in mind, the biosynthetic squalene market is well-positioned to capitalize on emerging opportunities in a variety of sectors.
What is biosynthetic squalene?
Biosynthetic squalene is a plant-derived, sustainable alternative to squalene traditionally sourced from shark liver oil. It is produced through fermentation or plant extraction.
Why is biosynthetic squalene important for the cosmetics industry?
Biosynthetic squalene is prized for its moisturizing, antioxidant, and anti-aging properties, making it an essential ingredient in skincare products.
How is biosynthetic squalene produced?
Biosynthetic squalene is produced through a fermentation process using renewable plant materials or microorganisms, making it an eco-friendly option compared to traditional sources.
What are the health benefits of biosynthetic squalene?
Biosynthetic squalene is known for its antioxidant, anti-inflammatory, and immune-boosting properties, supporting overall health and wellness.
Is biosynthetic squalene vegan-friendly?
Yes, biosynthetic squalene is typically plant-based and can be considered vegan-friendly, especially when compared to shark-derived squalene.
What is the difference between biosynthetic and shark-derived squalene?
Biosynthetic squalene is produced from renewable plant sources, while shark-derived squalene comes from the liver of sharks, raising ethical and sustainability concerns.
Can biosynthetic squalene be used in food products?
Yes, biosynthetic squalene is increasingly used in dietary supplements and functional foods for its health benefits, particularly for cardiovascular and immune health.
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Sophim
Amyris
Arista Industries
Kowa Group
Globalab
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biosynthetic Squalene Market
Cosmetics
Food
Pharmaceuticals
Other
Based on Types the Market is categorized into Below types that held the largest Biosynthetic Squalene market share In 2023.
GM Yeast Squalane
Vegetable Squalane
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Biosynthetic Squalene Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Biosynthetic Squalene Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biosynthetic Squalene Market, By Type
6. Global Biosynthetic Squalene Market, By Application
7. Global Biosynthetic Squalene Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Biosynthetic Squalene Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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