Thailand Squalene Market Size & Outlook, 2026-2033
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Thailand squalene market highlights
- The Thailand squalene market generated a revenue of USD 1,861.1 million in 2025 and is expected to reach USD 4,780.5 million by 2033.
- The Thailand market is expected to grow at a CAGR of 12.5% from 2026 to 2033.
- In terms of segment, plants was the largest revenue generating source in 2025.
- Synthetic is the most lucrative source segment registering the fastest growth during the forecast period.
Squalene market data book summary
| Market revenue in 2025 | USD 1,861.1 million |
| Market revenue in 2033 | USD 4,780.5 million |
| Growth rate | 12.5% (CAGR from 2026 to 2033) |
| Largest segment | Plants |
| Fastest growing segment | Synthetic |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal, Plants, Synthetic |
| Key market players worldwide | Amyris, Sophim, Kuraray Co Ltd, Croda International PLC, Arbe Robotics Ltd |
Other key industry trends
- In terms of revenue, Thailand accounted for 1.0% of the global squalene market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China squalene market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 44,195.7 million by 2033.
Plants was the largest segment with a revenue share of 89.88% in 2025. Horizon Databook has segmented the Thailand squalene market based on animal, plants, synthetic covering the revenue growth of each sub-segment from 2021 to 2033.
Thailand has one of the largest markets for color cosmetics and skincare among the nations of Southeast Asia. Many companies have made investments in the Thai cosmetics industry like Chemipan Corporation Co., Ltd and Benny Cosmetic Co., Ltd due to increasing demand of Thai cosmetic products.
Thailand's market for high-end cosmetics and fragrances is growing due to the rise in middle class population that has a strong appetite for fresh new beauty products. Growing cosmetic industry in Thailand is one of the driving factor for squalene market in South East Asia.
As per international trade administration the men’s grooming is also one of the growing industry in Thailand due to increasing social acceptance in skincare and haircare in urban areas. This in turn will drive the squalene market as squalene being the main ingredient in beauty and hair care products.
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Squalene Market Scope
Squalene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Arbe Robotics Ltd | View profile | 137 | 107 HaHashmonaim Street, Yafo, Tel Aviv, Israel | https://www.arberobotics.com |
| Sophim | View profile | 11-50 | Peyruis, Provence-Alpes-Cote d'Azur, France, Europe | http://www.sophim.com/ |
| Amyris | View profile | 1001-5000 | Emeryville, California, United States, North America | http://amyris.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
Thailand squalene market size, by source, 2021-2033 (US$M)
Thailand Squalene Market Outlook Share, 2025 & 2033 (US$M)
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