Europe Squalene Market Size, Share, Growth Analysis, By Source (Animals, Plants), By Application (Pharmaceuticals, Personal Care and Cosmetics), By Region - Industry Forecast 2025-2032

Europe Squalene Market size was valued at USD 49.1 million in 2023 and is poised to grow from USD 54.3 million in 2024 to USD 121.58 million by 2032, growing at a CAGR of 10.6% during the forecast period (2025-2032).

The rising demand for squalene in pharmaceuticals, particularly as an adjuvant for immunological enhancement, is propelling consumption growth. Its antioxidant and anti-cancer properties are expected to boost its application in nutraceuticals and food supplements as well. Squalene is sourced from both organic and synthetic means, with high-quality yields from deep-sea shark livers, though consumer concerns over shark overfishing are shifting focus toward plant-based and synthetic alternatives. The European Union dominates global olive oil production, generating over 65% of exports, mainly from Spain, which contributes to more than 40% of the total. As a result, the market is poised for significant growth, with key buyers including Brazil, the U.S., and Japan.

Top-down and bottom-up approaches were used to estimate and validate the size of the Europe Squalene market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Europe Squalene Market Segments Analysis

Europe Squalene Market is segmented by Source, Application and Country. Based on Source, the market is segmented into Animals, Plants and Synthetic. Based on Application, the market is segmented into Pharmaceuticals, Personal Care and Cosmetics, Nutraceuticals, Food and Beverages and Others. Based on Country, the market is segmented into UK, Germany, France, Spain, Italy and Rest of Europe.

Driver of the Europe Squalene Market

The European squalene market is experiencing significant growth driven by the ingredient's moisturizing and anti-aging properties, which make it highly sought after in skincare formulations. As awareness of squalene's numerous benefits continues to expand among consumers, the demand for cosmetics containing this versatile compound is expected to increase. This surge in popularity reflects a broader trend towards natural and effective ingredients in beauty products, prompting manufacturers to incorporate squalene into their offerings to meet market needs. Consequently, the squalene market in Europe is poised for considerable expansion, attracting both established brands and new entrants focusing on skincare solutions.

Restraints in the Europe Squalene Market

The primary source of squalene is shark liver oil, which presents significant ethical and environmental concerns. These issues limit the availability of squalene, as they provoke debates about the potential impact on shark populations and their ecosystems. Such moral dilemmas not only hinder production but also prompt consumers and manufacturers to seek alternative sources, thus affecting the overall market dynamics. Growing awareness regarding the ecological implications of shark harvesting may lead to stricter regulations and reduced demand, further constraining the squalene market in Europe. As a result, this situation poses challenges for stakeholders aiming to balance supply with ethical sourcing practices.

Market Trends of the Europe Squalene Market

The European squalene market is experiencing significant growth, driven by the surging demand for natural and organic ingredients in cosmetics and personal care products. As consumers become increasingly aware of the harmful effects of synthetic ingredients, there is a pronounced shift towards clean beauty, elevating squalene as a sought-after emollient and moisturizer. This trend is further propelled by the rise of eco-conscious brands and regulatory support for sustainable sourcing practices. Additionally, the expansion of the skincare sector, alongside innovative formulations incorporating squalene, positions it as a key ingredient, reflecting the broader health and wellness movement across Europe.