DUBLIN, Sept. 19, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Squalene (Cosmetics, Pharmaceuticals & Food Industry) Market - Trends & Forecasts to 2019" report to their offering.
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 global consumption of squalene / squalane is expected to be 4,028.0 Tons by 2019 and the squalene market is expected to grow at a CAGR of 10.3% in terms of value over the next five years to be worth $177.06 million by 2019.
The squalene market has a few major players and is regionally segregated. Sophim (France), Amyris Inc. (U.S.), Kishimoto Special Liver Oil Co. Ltd. (Japan), SeaDragon Marine Oils Ltd. (New Zealand) are a few of the leading players in squalene market. The difficulties in raw material availability due to regulations and competition from other industries, minimal governmental support, and western cultural impact have restrained the companies from entering the market. The market is expected to witness a lot of developments in the next five years in the form of collaborations and innovations through R&D activities. Amyris Inc. (U.S.) has been the most active company in the market till 2014.
Squalene / squalane is obtained from animal sources, mainly from the liver oil from deep sea sharks or from vegetable sources such as olive oil, sugar canes, amaranth oil, wheat germ oil, and rice bran oil. Shark liver oil has been the traditional source for squalene but has also been the reason for the killing of these animals.Governmental regulations, NGO activities, and growing environmental concern in the minds of consumers have restricted the growth of this segment. As a result, vegetable squalene segment has come into the spotlight to replace the animal sourced squalene segment. New technologies and increasing demand from the end-user industries are expected to be driving the growth of this segment.
The squalene market is analyzed in terms of volume (Tons) and value ($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 are 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.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Market Analysis, By Source Type
6 Market Analysis, By End-Use Industry
7 Market Analysis, By Region
8 Competetive Landscape
9 Company Profiles
- Arista Industries Inc.
- Ekiz Olive Oil & Soap Inc.
- Empresa Figueirense De Pesca, Lda.
- Kishimoto Special Liver Oil Co. Ltd.
- Maruha Nichiro Corporation
- Nucelis LLC
- Seadragon Marine Oils Ltd.
For more information visit http://www.researchandmarkets.com/research/362mgz/squalene_market
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SOURCE Research and Markets