Report Feature
The future of the shea butter market looks promising with opportunities in the cosmetics and personal care, food and beverage, pharmaceutical, and other industries. The global shea butter market is expected to grow with a CAGR of 4%-5% from 2020 to 2025. The major drivers for this market are growing consumer awareness regarding the benefits of natural products like shea butter and its increasing demand from the cosmetics and personal care industries.
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The study includes trends and forecast for the global shea butter market by application, product type, species, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Cosmetic and Personal Care
- Food and Beverage
- Pharmaceutical
- Others
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
- Raw and Unrefined Shea Butter
- Refined Shea Butter
By Species [Value ($ Million) shipment analysis for 2014 – 2025]:
- Vitellaria Paradoxa
- Vitellaria Nilotica
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- Italy
- United Kingdom
- German
- France
- Asia Pacific
- China
- India
- South Korea
- Japan
- The Rest of the World
- Brazil
Some of the shea butter companies profiled in this report include BASF, Olvea, Sophim, Cargill, Suru Chemicals, Ghana Nuts, Croda, Agrobotanicals, Clariant, and AAK AB.
Lucintel forecasts that raw and unrefined shea butter will remain the largest segment over the forecast period due to the features like presence of vitamin A and vitamin E and distinct odor making it imperative for maintaining skin’s elasticity and suppleness.
Within this market, the cosmetics and personal care industry will remain the largest segment by application over the forecast period due to growing consumer awareness regarding their appearances and increasing demand for anti-aging and skin conditioning products.
North America will remain the largest region over the forecast period due to high rate of adoption of shea butter products among various end users, and rising demand for cosmetic products that contain natural ingredients such as shea butter.
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Features of the Global Shea Butter Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global shea butter market by application (cosmetic and personal care, food and beverage, pharmaceuticals, and others), product type (raw and unrefined shea butter and refined shea butter), species (vitellaria paradoxa and vitellaria nilotica), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global shea butter market? Q.5 What are the business risks and threats to the global shea butter market? Q.6 What are emerging trends in this shea butter market and the reasons behind them? Q.7 What are some changing demands of customers in this shea butter market? Q.8 What are the new developments in this shea butter market? Which companies are leading these developments? Q.9 Who are the major players in this shea butter market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this shea butter market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global shea butter market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Application (Cosmetic and Personal Care, Food and Beverage, Pharmaceuticals, and Others), Product Type (Raw And Unrefined Shea Butter and Refined Shea Butter), Species (Vitellaria Paradoxa and Vitellaria Nilotica) |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (Italy, United Kingdom, Germany, and France), Asia (China, India, Japan, South Korea), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
4.1 Global Shea Butter Market by Region
4.2.1 Market by Application: Cosmetics and Personal Care, Food and Beverage, Pharmaceutical, and Others
4.2.2 Market by Product Type: Raw and Unrefined Shea Butter and Refined Shea Butter
4.2.3 Market by Species: Vitellaria Paradoxa and Vitellaria Nilotica
4.2.4 The United States Shea Butter Market
4.2.5 The Canadian Shea Butter Market
4.2.6 The Mexican Shea Butter Market
4.3.1 Market by Application: Cosmetics and Personal Care, Food and Beverage, Pharmaceutical, and Others
4.3.2 Market by Product Type: Raw and Unrefined Shea Butter and Refined Shea Butter
4.3.3 Market by Species: Vitellaria Paradoxa and Vitellaria Nilotica
4.3.4 The Italian Shea Butter Market
4.3.5 The United Kingdom Shea Butter Market
4.3.6 The German Shea Butter Market
4.3.7 The French Shea Butter Market
4.4.1 Market by Application: Cosmetics and Personal Care, Food and Beverage, Pharmaceutical, and Others
4.4.2 Market by Product Type: Raw and Unrefined Shea Butter and Refined Shea Butter
4.4.3 Market by Species: Vitellaria Paradoxa and Vitellaria Nilotica
4.4.4 The Chinese Shea Butter Market
4.4.5 The Indian Shea Butter Market
4.4.6 The South Korean Shea Butter Market
4.4.7 The Japanese Shea Butter Market
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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