The Global Phyto Squalane Market was valued at USD 156.2 Million in 2023 and is projected to reach USD 312.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period (2023–2030). This growth is being driven by rising consumer demand for natural and vegan skincare ingredients, the expansion of clean beauty trends, and the increasing adoption of plant-derived emollients in cosmetics and personal care products across various applications.

As the beauty industry shifts toward sustainable, eco-friendly formulations and cruelty-free alternatives, the focus is on key suppliers who are pioneering plant-based innovations, ensuring high purity and efficacy in skincare solutions. In this blog, we profile the Top 10 Companies in the Phyto Squalane Market—a blend of specialized manufacturers, biotech firms, and global ingredient leaders shaping the future of natural cosmetics.

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🔟 1. Croda International Plc

Headquarters: East Yorkshire, United Kingdom
Key Offering: Plant-derived squalane from olive and sugarcane, high-purity emollients for skincare

Croda stands as a global leader in specialty chemicals for personal care, with its squalane derived from renewable plant sources like olives. The company’s product line supports formulations in creams, lotions, and serums, emphasizing non-comedogenic and hypoallergenic properties that mimic human sebum for optimal skin hydration.

Innovation Initiatives:

• Development of sugarcane-derived squalane as a vegan alternative to shark-derived versions

• Partnerships with cosmetic brands to integrate sustainable sourcing

• Commitment to carbon-neutral production by 2030

Download FREE Sample Report: Phyto Squalane Market – View in Detailed Research Report

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9️⃣ 2. Amyris, Inc.

Headquarters: Emeryville, California, USA
Key Offering: Farnesene-based squalane, biotech-produced plant squalane for cosmetics

Amyris leverages synthetic biology to produce high-quality squalane from fermented sugarcane, offering a sustainable and scalable alternative. Their products are widely used in premium skincare lines, providing excellent stability and skin compatibility without environmental harm from traditional sources.

Innovation Initiatives:

• Biotech fermentation processes reducing water usage by 90%

• Collaborations with luxury beauty brands for custom formulations

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8️⃣ 3. Sophim SAS

Headquarters: Toulouse, France
Key Offering: Olive-derived phyto squalane, organic-certified emollients

Sophim specializes in olive oil-based squalane, producing a 100% natural ingredient with superior oxidative stability. This French company supplies major cosmetic manufacturers, focusing on applications in anti-aging creams and makeup removers where gentle, non-irritating hydration is essential.

Innovation Initiatives:

• Organic certification and traceability from olive groves to final product

• Research into enhanced bioavailability for deeper skin penetration

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7️⃣ 4. Kishimoto Sangyo Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: High-purity plant squalane from olives and rice bran

Kishimoto is a prominent Japanese supplier of natural lipids, offering phyto squalane that excels in thermal stability and skin barrier enhancement. Their products are integral to Asian skincare routines, supporting lotions and conditioners that promote cell regeneration and reduce signs of aging.

Innovation Initiatives:

• Integration of rice bran-derived squalane for added antioxidant benefits

• Expansion of production capacity to meet growing APAC demand

Download FREE Sample Report: Phyto Squalane Market – View in Detailed Research Report

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6️⃣ 5. EVONIK (EFP Biotek)

Headquarters: Essen, Germany
Key Offering: Biotech and plant-based squalane variants for personal care

Under its EFP division, Evonik provides innovative squalane solutions derived from sustainable plant feedstocks, tailored for use in shampoos and makeup. The company’s expertise in polymer chemistry ensures squalane formulations that improve product texture and longevity on the shelf.

Innovation Initiatives:

• Hybrid plant-biotech processes for cost-effective production

• Focus on eco-friendly packaging for squalane distribution

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5️⃣ 6. VESTAN Terpenes GmbH

Headquarters: Hamburg, Germany
Key Offering: Renewable squalane from vegetable oils, specialty emollients

VESTAN excels in producing squalane from non-GMO vegetable sources, offering a versatile ingredient for lotions and conditioners. Their emphasis on purity makes it ideal for sensitive skin applications, contributing to the brand’s reputation in European clean beauty markets.

Innovation Initiatives:

• Development of squalane with enhanced UV protection properties

• Target: Annual production increase to 5,000 tons by 2027

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4️⃣ 7. Maruha Nichiro Corporation

Headquarters: Tokyo, Japan
Key Offering: Olive and plant-extracted squalane for cosmetics and hair care

Maruha Nichiro, known for its food and biotech arms, supplies phyto squalane that supports skin repair and moisture retention in shampoos and creams. Their sustainable sourcing from Japanese olives aligns with the region’s preference for natural, high-quality ingredients.

Innovation Initiatives:

• Research into squalane for hair conditioning with marine plant blends

• Certifications for halal and kosher production standards

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3️⃣ 8. Arista Industries Inc.

Headquarters: Wilton, Connecticut, USA
Key Offering: Bulk phyto squalane from olives, custom formulations

Arista Industries provides reliable, plant-based squalane for North American manufacturers, focusing on applications in makeup and lotions. Their commitment to quality control ensures consistent performance in products aimed at improving skin elasticity and reducing inflammation.

Innovation Initiatives:

• Expansion of olive sourcing partnerships in sustainable farms

• Development of squalane-infused actives for anti-pollution skincare

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2️⃣ 9. Nucelis LLC

Headquarters: Brea, California, USA
Key Offering: Specialty plant squalane, fragrance-free grades for sensitive skin

Nucelis specializes in high-end phyto squalane derived from olives, serving premium cosmetic brands with ingredients that enhance product absorption and barrier function. Their focus on purity positions them as a key player in the U.S. natural ingredients sector.

Innovation Initiatives:

• Investment in R&D for squalane with probiotics for microbiome support

• Major supply chain optimizations for global distribution

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1️⃣ 10. Clariant AG

Headquarters: Basel, Switzerland
Key Offering: Velsan and other plant-derived squalanes, multifunctional emollients

Clariant leads with its Velsan line of olive squalane, offering versatile solutions for creams, makeup, and conditioners worldwide. As a multinational, they drive innovation in sustainable chemistry, ensuring squalane meets regulatory standards for clean label products.

Innovation Initiatives:

• End-to-end sustainable solutions including biodegradable packaging

• Strategic alliances with formulators for next-gen clean beauty products

Read Full Report: Phyto Squalane Market – View in Detailed Research Report

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🌍 Outlook: The Future of Phyto Squalane Is Natural and Versatile

The phyto squalane market is experiencing a vibrant transformation. While demand for synthetic alternatives persists in some segments, the sector is channeling significant resources into plant-based innovations, advanced extraction technologies, and expanded applications in personal care.

📈 Key Trends Shaping the Market:

• Expansion of vegan and organic certifications across suppliers in Europe and Asia

• Regulatory incentives for natural ingredients in cosmetics by 2030

• Digital traceability tools for ingredient sourcing and authenticity

• Collaborations between beauty brands and suppliers for customized formulations

Read Full Report: Phyto Squalane Market – View in Detailed Research Report

The companies profiled here are not only supplying essential skincare ingredients—they’re leading the natural beauty revolution, one hydrated formula at a time.