The global Plant Squalane Market continues to demonstrate resilient growth, with its valuation reaching USD 178 million in 2024. According to comprehensive market analysis, this natural emollient sector is projected to expand at a CAGR of 6.2%, reaching approximately USD 256 million by 2030. This sustained expansion is fueled by shifting consumer preferences toward clean-label skincare ingredients and tightening regulations on synthetic alternatives across major beauty markets.
Plant-derived squalane has become indispensable in premium cosmetics formulations, valued for its superior skin compatibility and sustainable sourcing compared to traditional shark liver-derived variants. As major beauty brands commit to 100% plant-based ingredient pledges, manufacturers are responding with innovative extraction techniques and diversified botanical sources ranging from olive to sugarcane.
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/278986/global-plant-squalane-market-2024-350
Market Overview & Regional Analysis
Europe currently commands 38% of global plant squalane consumption, driven by stringent EU cosmetic regulations and consumer demand for bio-based personal care products. The region’s dominance is further reinforced by established organic certification frameworks and concentrated R&D investment in green chemistry alternatives.
North America follows closely, with the U.S. market valued at USD 58 million in 2024, projected to reach USD 80 million by 2030. Asia-Pacific emerges as the fastest-growing region, fueled by booming Korean and Japanese beauty industries alongside rising disposable incomes in China. Latin America shows untapped potential, particularly in Brazil’s thriving natural cosmetics sector.
Key Market Drivers and Opportunities
The market’s trajectory is heavily influenced by three converging trends: clean beauty movements, anti-aging skincare demand, and sustainable sourcing commitments. Premium skincare applications account for 62% of current usage, while hair care formulations are gaining traction with a 28% annual growth rate in product launches containing plant squalane.
Emerging opportunities include pharmaceutical-grade squalane for vaccine adjuvants and novel sugarcane-derived variants that offer carbon-negative production. Technological advancements in enzymatic extraction processes are improving yields while reducing production costs, potentially democratizing access to this premium ingredient.
Challenges & Restraints
Price volatility of olive oil – the primary feedstock – remains a persistent challenge, with 2023 prices fluctuating up to 40% in Mediterranean sourcing regions. Supply chain complexities are compounded by climate change impacts on olive harvests and competing demand from food industries.
Regulatory hurdles present another barrier, particularly in China where novel ingredient approvals require extensive safety documentation. Competition from synthetic squalane alternatives and cheaper emollients continues to pressure margins, especially in mass-market cosmetic segments.
Market Segmentation by Type
- Olive-derived Squalane
- Sugarcane-derived Squalane
- Amaranth Seed-derived Squalane
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/278986/global-plant-squalane-market-2024-350
Market Segmentation by Application
- Skincare (Face creams, serums, oils)
- Haircare (Conditioners, treatments)
- Cosmeceuticals
- Pharmaceutical formulations
- Specialty lubricants
Market Segmentation and Key Players
- Amyris, Inc.
- Sophim SAS
- Kishimoto Special Liver Oil Co.
- Maruha Nichiro Corporation
- Croda International PLC
- Nucelis LLC
- Clariant AG
- Henry Lamotte OILS GmbH
- Kuraray Co., Ltd.
- NOF Corporation
- EFP Biotek
- The Innovation Company
- Caroiline Chemie
- Arista Industries
- VESTAN Specialty Chemicals
Report Scope
This report delivers comprehensive analysis of the global Plant Squalane market from 2024 through 2030, incorporating detailed regional breakdowns and application-specific forecasts. The research methodology combines:
- Trade flow analysis of major producing and consuming nations
- Capacity expansions and production cost modeling
- Consumer trend analysis across 15 key beauty markets
- Regulatory impact assessment for major jurisdictions
The competitive landscape section provides detailed profiles of 15 leading manufacturers, including:
- Production capacity benchmarking
- Feedstock sourcing strategies
- Product purity specifications
- Distribution channel analysis
- Recent product launches and patents
Strategic recommendations are provided for:
- Ingredient manufacturers evaluating market entry
- Brands seeking alternative sourcing options
- Investors assessing production capacity expansions
- Researchers developing next-generation alternatives
Get Full Report Here: https://www.24chemicalresearch.com/reports/278986/global-plant-squalane-market-2024-350
About 24chemicalresearch
Founded in 2015, 24chemicalresearch has rapidly established itself as a leader in chemical market intelligence, serving clients including over 30 Fortune 500 companies. We provide data-driven insights through rigorous research methodologies, addressing key industry factors such as government policy, emerging technologies, and competitive landscapes.
- Plant-level capacity tracking
- Real-time price monitoring
- Techno-economic feasibility studies
With a dedicated team of researchers possessing over a decade of experience, we focus on delivering actionable, timely, and high-quality reports to help clients achieve their strategic goals. Our mission is to be the most trusted resource for market insights in the chemical and materials industries.
International: +1(332) 2424 294 | Asia: +91 9169162030
Website: https://www.24chemicalresearch.com/
Follow us on LinkedIn: https://www.linkedin.com/company/24chemicalresearch
- Global Polyglyceryl-2 Triisostearate Market Research Report 2024(Status and Outlook) - June 18, 2025
- Top 10 Companies in the South Korea High-melt Fischer-Tropsch Wax Industry (2025): Specialty Wax Leaders Driving Material Innovation - June 18, 2025
- Global Cold Mix Asphalt Market Research Report 2024(Status and Outlook) - June 18, 2025