Squalene Market
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Transparency <strong>Market</strong> Research<br />
<strong>Squalene</strong> <strong>Market</strong> 2018<br />
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REPORT DESCRIPTION<br />
Transparency <strong>Market</strong> Research Report Added "<strong>Squalene</strong> <strong>Market</strong>". <strong>Squalene</strong> is a natural oily liquid hydrocarbon<br />
found in plants and animals. <strong>Squalene</strong> is commonly found in large quantities in shark liver oil, as the liver comprises<br />
almost one-third weight of the fish. Conventionally, it was obtained only from shark liver oil, though, now<br />
alternatively it is being obtained from plant sources. Primarily, squalene is used in a wide variety of cosmetics. In<br />
addition, it is used in health foods, vaccines and as a high-grade machine lubricant.<br />
One of the major factors driving this market is its increased consumption in cosmetics. There is a steady rise in the<br />
cosmetics industry in developing countries such as China and India. Increasing disposable income and influence of<br />
western lifestyle are two factors responsible for the rapidly growing cosmetics industry in this region. In addition,<br />
cosmetic manufacturers are introducing a wide range of anti-ageing creams, which is further boosting the cosmetic<br />
market among middle-aged women.<br />
One of the primary restraints for squalene market is the depleting population of sharks. Deep-sharks contain more<br />
than 80% of squalene in their liver oil and the liver accounts for almost one-third of the weight of sharks. They are<br />
usually found between depths of 1,000 to 2,000 meters, which makes it easy to hunt them. This has resulted in<br />
endangerment of some of the species of sharks. Environmental agencies have been making tremendous efforts in<br />
creating awareness among consumers about the ill-effects on massive shark-hunting and in addition, trying to bring<br />
a ban on shark-hunting.<br />
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Manufacturers are exploring the benefits of squalene in the field of medicines as vaccines and ointments and this is<br />
expected to be a good future market for the product. With the recent research activities, squalene is gaining market<br />
in the fields of cosmeceuticals. In addition, with the growing awareness of benefits of squalene in cosmetics, there is<br />
a high demand of high-end products in the global market. There is a growing opportunity for plant-derived squalene.<br />
Although, squalene is not widely found in plants, there is a relatively high quantity of squalene in plants such as<br />
olives.<br />
Some of the leading manufacturers of squalene include Sophim, Croda International Plc, CarboMer, Inc., MacroCare<br />
Tech Ltd., Xi\'an Olin Biological Technology Co., Ltd. and Sigma-Aldrich Corp. among others.<br />
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