Japan Squalene Market Size & Outlook, 2021-2030

The squalene market in Japan is expected to reach a projected revenue of US$ 11.5 million by 2030. A compound annual growth rate of 12.5% is expected of Japan squalene market from 2022 to 2030.
Revenue, 2021 (US$M)
$4.0
Forecast, 2030 (US$M)
$11.5
CAGR, 2022 - 2030
12.5%
Report Coverage
Japan

Japan squalene market highlights

  • The Japan squalene market generated a revenue of USD 4.0 million in 2021 and is expected to reach USD 11.5 million by 2030.
  • The Japan market is expected to grow at a CAGR of 12.5% from 2022 to 2030.
  • In terms of segment, plants was the largest revenue generating source in 2021.
  • Synthetic is the most lucrative source segment registering the fastest growth during the forecast period.


Squalene market data book summary

Market revenue in 2021USD 4.0 million
Market revenue in 2030USD 11.5 million
Growth rate12.5% (CAGR from 2021 to 2030)
Largest segmentPlants
Fastest growing segmentSynthetic
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnimal, Plants, Synthetic
Key market players worldwideAmyris, Sophim, Kuraray Co Ltd, Croda International PLC, Arbe Robotics Ltd


Other key industry trends

  • In terms of revenue, Japan accounted for 3.3% of the global squalene market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China squalene market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 30.7 million by 2030.

Plants was the largest segment with a revenue share of 80% in 2021. Horizon Databook has segmented the Japan squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.


Japan is one of the leading markets for squalene in Asia Pacific owing to its flourishing personal care & cosmetics industry with approximately 3,000 beauty and personal care products companies, including global brands such as Kao, Kosé, Shiseido, and Pola Orbis operating in it. and has the third-largest pharmaceuticals industry.

According to the Ministry of Economy, Trade and Industry (METI) of Japan, the personal care products & cosmetics industry of the country was valued at USD 35 billion in 2019.

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Squalene Market Companies

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Japan squalene market size, by source, 2018-2030 (US$M)

Japan Squalene Market Outlook Share, 2021 & 2030 (US$M)

Japan squalene market size, by source, 2018-2030 (US$M)

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