The Global Shea Butter Market is valued at USD 2.48 Billion in 2021 and is expected to reach USD 4.15 Billion by 2028 with a CAGR of 7.60% over the forecast period.
The forecast period 2022-2028 is expected to show significant growth in Global Shea Butter Market. There will be a new resurgence in the sales and utilisation of Shea Butter product. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Shea butter is a one of the type of fat which is used in numerous skins and hair related products and possess various medicinal properties. Shea butter is derived from the seeds of Vitellaria paradoxa (Shea) tree which is generally found in Africa region. Shea butter is composed of stearic acid and oleic acid and is free from artificial chemicals. Shea butter is used widely in the cosmetic care products such as skin moisturizers, hair conditioners and lip gloss. In addition, shea butter is used in different industries such as food industry and healthcare industry.
Our report studies global shea butter market and covers historical and forecast data for application, regional and country level.
Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative product launch in the shea butter industry.
Based upon type segment, raw and unrefined shea butter segment dominated the shea butter market in the 2016. Refined shea butter type is expected to show robust growth within forecast period.
Based upon application segment, cosmetics & personal care segment is expected to dominate the shea butter market in the coming years due to the increasing growing market demand for natural products based cosmetics and skin care products.
The strong growth of shea butter market
Trends toward shea butter market
Factor affecting shea butter market
Supply-demand gap analysis
|Historical data||2018 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 2.48 Billion|
|Base year considered||2020|
|Forecast Period CAGR %:||7.60%|
|Market Size Expected in 2028:||USD 4.15 Billion|
|Tables, Charts & Figures:||175|
|Cable Manufacturing Equipment Companies||
IOI Loders Croklaan, Ghana Nuts Ltd, Adunni Ori Ltd., Timiniya Tuma Company Ltd., Savanna Shea Industries, Star Shea Ltd, Shea Radiance, VINK CHEMICALS GMBH & CO. KG, Jedwards International, Inc., BASF SE, Olvea Group, Sophim S.A., Cargill, Inc., Suru Chemicals, Croda International Plc, Clariant AG, Akoma Cooperative, and others.
|Segments Covered||By Type, By Application|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|