Global Shea Butter Market

SKU ID : MMR- 13386129

Publishing Date : 08-Apr-2019

No. of pages : 300

PRICE
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  • Global Shea Butter Market was valued at US$ 1.7 Bn in 2018 and is expected to reach US$ 2.67 Bn by 2026, at a CAGR of 5.81% during a forecast period.



    Cosmetics & personal care industry is expected to surge the market growth during the forecast period owing to growing usage of Shea butter in this industry. Shea butter has cinnamic acid, which saves skin from the ultraviolet rays is boosting the market growth during the forecast period. In addition, it has anti-aging properties and helps to soften skin and regeneration of tissue cell are also expected to drive the market in the cosmetic & personal care industry.

    Shea butter is used in various type skins, hair, and food products and has several healing properties. Major driving factors of the market are various governments are restricting the usage of Shea butter in products such as chocolate, increasing disposable incomes, and growing concerns regarding fitness. Rising consumer preference towards the Shea butter products is propelling the market growth. Shea butter products have A & E vitamins, which are expected to fuel the market growth owing to rising health awareness among consumers across the globe. The medical industry is boosting the market growth owing to rising usage of Shea butter in various treatments as it contains cinnamic acid and it is very flexible. In addition, Shea butter has properties such as antioxidants, recover skin damage, and also improve health of skin & hair are boosting the market growth.

    Europe is expected to hold the largest share in the market during the forecast period owing to developed economy and growing consumer awareness. Government is promoting the usage of Shea butter is another driving factor of the market. Asia Pacific is estimated to generate the highest CAGR during the forecast period owing to rising trend of fashion, which is boosting the market growth in the cosmetic & personal care industry. Rising population and changing living standards of the consumers are also expected to surge the market growth in a positive way in this region. India and China are projected to fuel the market growth during the forecast period as rising consciousness regarding health and growing western culture influence in these countries.

    The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.

    Key player’s studies, analyzed, profiled and benchmarked inShea Butter Market areGhana Nuts Ltd, Maison Karite Sociedad Limitada, Adunni Ori Ltd., Timiniya Tuma Company Ltd., and Savanna Shea Industries.
    The Scope of the Report for Shea Butter Market
    Global Shea Butter Market, by Type
    Raw and Unrefined Shea Butter
    Refined Shea Butter
    Global Shea Butter Market, by Application
    Food
    Cosmetics & Personal Care
    Medical
    Others
    Global Shea Butter Market, by Region
    North America
    Europe
    Asia Pacific
    Middle East & Africa
    South America
    Key Players Operating in Global Shea Butter Market
    Ghana Nuts Ltd
    Maison Karite Sociedad Limitada
    Adunni Ori Ltd.
    Timiniya Tuma Company Ltd.
    Savanna Shea Industries
    Star Shea Ltd
    Shea Radiance
    VINK CHEMICALS GMBH & CO. KG
    Jedwards International, Inc
    IOI Loders Croklaan
    Lovinah Naturals
    Maison Karite Sociedad Limitada
    Shebu Industries
    Shea Therapy Ltd


    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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