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Global Shea Butter Butyrospermum Parkii Market by Type (Raw and Unrefined Shea Butter, Refined Shea Butter), By Application (Cosmetics Industry, Medicine Industry, Food Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: FB-663
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 84
  • No. Of Pages: 234
  • Format:
  • Pub. Date: 2021-03-01
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The Global Shea Butter Market size is projected to grow from USD 3.87 Billion in 2017 to USD 5.68 Billion by 2028, at an estimated CAGR of 4.4%. The increase in the demand for natural and organic products has led to a surge in the consumption of shea butter globally. In addition, increasing demand from emerging economies such as China & India has also fueled the growth of this market.

 

Shea Butter, also known as karité or shea butter, is a moisturizing fat obtained from the nuts of the African Karite tree. Shea Butter has been used for centuries in West Africa to help heal skin ailments and protect nature’s most precious resource – water.

Shea butter contains vitamins A, E, and F that are essential for healthy skin while protecting it from bacteria-causing infections. It also contains Omega fatty acids which keep the moisture balance in your scalp by reducing itching and flaking caused by shampooing. The combination of these natural ingredients makes Shea Butter one of the best natural moisturizers.

 

On the basis of Types, the market is segmented into Raw and Unrefined Shea Butter, Refined Shea Butter.

 

Raw and Unrefined Shea Butter:

Raw Shea Butter is the product obtained from cold-pressing unrefined shea nuts. It comes in a hard, dark brown paste form and has a typical fat content of 36%. The extraction process does not involve any heat or chemicals, which helps to preserve its natural properties such as vitamins A and E. Raw Shea Butter can be used for both cosmetic products and industrial applications due to its high nutrient content.

 

Refined Shea Butter:

Refined Shea Butter is a product that has been processed after the extraction process to make it more versatile in its application. Refining removes impurities so the final product has less scent and color, allowing for versatility of use. The manufacturing process for refined shea butter has not been standardized in international trade, and the product varies from country to country. The refining process is usually done by roasting or boiling raw shea butter until it becomes a light brown color, which removes many of its natural scent and antioxidant properties.

Refined Shea Butter can be used as an emollient, lipid barrier agent, and texturizer in the cosmetics industry due to its ability to moisturize skin while preventing moisture loss. It also offers protection against UV rays when applied topically on the skin surface (Epidermis) because of its high content of antioxidants such as vitamins A & E. As opposed to Raw Shea Butter that absorbs into the epidermal layer before penetrating deeper into the dermal layer, Refined Shea Butter is able to penetrate deeply into the skin which can help reduce stretch marks and acne. It also has antimicrobial properties that can be used in medicines for topical treatments because it contains natural plant sterols as an active ingredient.

 

On the basis of Application, the market is segmented into Cosmetics Industry, Medicine Industry, and Food Industry.

 

Cosmetics Industry:

Shea butter is one of the most commonly used ingredients in cosmetics. It has many benefits, including moisturizing and conditioning hair follicles as well as providing protection from UV radiation caused by sun exposure. Shea butter also imparts a natural glow to the skin, which can be attributed to its high levels of vitamin A content. In addition, it provides an emollient effect on dry or damaged skin that makes it easier for consumers to apply makeup without looking cakey or flaky.

 

Medicine Industry:

The pharmaceutical industry is the second most important application of Shea Butter, with 22% of revenues. It's used in medicines to make them more palatable and for their moisturizing properties.

 

Food Industry:

Shea butter is a popular cooking ingredient in the food industry due to its high nutritional value and tasteless properties. It can be used as an emulsifier, thickener, stabilizer, or as a preservative for various recipes such as baked goods, ice cream, and chocolate products. The use of shea butter in these industries has increased over the years because it adds a certain flavor without affecting the consistency.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific Market is anticipated to witness exponential growth with more players entering into this region, especially India which has been experiencing robust economic development owing to its increasing population as well as improving consumer standards.

The Middle East & Africa demand for shea butter increased due mainly because it may have some medical properties like treatment against skin conditions such as eczema or psoriasis where oil content makes it useful when applied topically on the inflamed skin surface. The Market is expected to grow steadily owing to the increasing demand in this region for shea butter.

 

Growth Factors For The Global Shea Butter Market:

The key driving factors for the growth of this market are the increasing demand for natural and organic products in the cosmetics industry. The demand for raw shea butter is on a rise due to its high nutritional benefits, which are not found in refined shea butter. Shea butter is also widely used as an ingredient in food items owing to its rich flavor profile as well as texture. Moreover, increased awareness about the health hazards of synthetic ingredients such as parabens and phthalates has lead consumers towards more natural products including butter like Shea Butter.

The key restraining factors that could hamper the growth potential of this market include their high volatility in prices coupled with fluctuating global weather patterns leading to low yield rates of Shea Trees across major countries growing them currently.

 


Up Market Research published a new report titled “Shea Butter Butyrospermum Parkii Market research report which is segmented by Types (Raw and Unrefined Shea Butter, Refined Shea Butter), By Applications (Cosmetics Industry, Medicine Industry, Food Industry), By Players/Companies IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, The Pure Company, The Savannah Fruits Company, VINK CHEMICALS GMBH & CO. KG, Akoma Cooperative, StarShea, International Oils & Fats Limited”. 

 

Report Scope

Report Attributes Report Details
Report Title Shea Butter Butyrospermum Parkii Market Research Report
By Type Raw and Unrefined Shea Butter, Refined Shea Butter
By Application Cosmetics Industry, Medicine Industry, Food Industry
By Companies IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, The Pure Company, The Savannah Fruits Company, VINK CHEMICALS GMBH & CO. KG, Akoma Cooperative, StarShea, International Oils & Fats Limited
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 234
Number of Tables & Figures 164
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Shea Butter Butyrospermum Parkii Industry Outlook
 

Global Shea Butter Butyrospermum Parkii Market Report Segments:

The market is segmented by Type Raw and Unrefined Shea Butter, Refined Shea Butter and By Application Cosmetics Industry, Medicine Industry, Food Industry.

 

Some of the companies that are profiled in this report are:

  1. IOI Loders Croklaan
  2. Wilmar Africa Ltd/ Ghana Specialty Fats
  3. Ghana Nuts Ltd
  4. Shebu Industries
  5. Timiniya Tuma Company Ltd
  6. The Pure Company
  7. The Savannah Fruits Company
  8. VINK CHEMICALS GMBH & CO. KG
  9. Akoma Cooperative
  10. StarShea
  11. International Oils & Fats Limited
 

Shea Butter Butyrospermum Parkii Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Shea Butter Butyrospermum Parkii Market
 

Overview of the regional outlook of the Shea Butter Butyrospermum Parkii Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Shea Butter Butyrospermum Parkii Market Overview
 

Highlights of The Shea Butter Butyrospermum Parkii Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Shea Butter Butyrospermum Parkii Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Raw and Unrefined Shea Butter

                2. Refined Shea Butter

       7. By Application:

                1. Cosmetics Industry

                2. Medicine Industry

                3. Food Industry

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Shea Butter Butyrospermum Parkii Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Shea Butter Butyrospermum Parkii Market Statistics
 

Reasons to Purchase the Shea Butter Butyrospermum Parkii Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shea Butter Butyrospermum Parkii Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Shea Butter Butyrospermum Parkii Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Shea Butter Butyrospermum Parkii Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Shea Butter Butyrospermum Parkii Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Shea Butter Butyrospermum Parkii Market Size & Forecast, 2018-2028 
      4.5.1 Shea Butter Butyrospermum Parkii Market Size and Y-o-Y Growth 
      4.5.2 Shea Butter Butyrospermum Parkii Market Absolute $ Opportunity 


Chapter 5 Global Shea Butter Butyrospermum Parkii Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Shea Butter Butyrospermum Parkii Market Size Forecast by Type
      5.2.1 Raw and Unrefined Shea Butter
      5.2.2 Refined Shea Butter
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Shea Butter Butyrospermum Parkii Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Shea Butter Butyrospermum Parkii Market Size Forecast by Applications
      6.2.1 Cosmetics Industry
      6.2.2 Medicine Industry
      6.2.3 Food Industry
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Shea Butter Butyrospermum Parkii Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Shea Butter Butyrospermum Parkii Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Shea Butter Butyrospermum Parkii Analysis and Forecast
   9.1 Introduction
   9.2 North America Shea Butter Butyrospermum Parkii Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Shea Butter Butyrospermum Parkii Market Size Forecast by Type
      9.6.1 Raw and Unrefined Shea Butter
      9.6.2 Refined Shea Butter
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Shea Butter Butyrospermum Parkii Market Size Forecast by Applications
      9.10.1 Cosmetics Industry
      9.10.2 Medicine Industry
      9.10.3 Food Industry
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Shea Butter Butyrospermum Parkii Analysis and Forecast
   10.1 Introduction
   10.2 Europe Shea Butter Butyrospermum Parkii Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Shea Butter Butyrospermum Parkii Market Size Forecast by Type
      10.6.1 Raw and Unrefined Shea Butter
      10.6.2 Refined Shea Butter
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Shea Butter Butyrospermum Parkii Market Size Forecast by Applications
      10.10.1 Cosmetics Industry
      10.10.2 Medicine Industry
      10.10.3 Food Industry
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Shea Butter Butyrospermum Parkii Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Shea Butter Butyrospermum Parkii Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Shea Butter Butyrospermum Parkii Market Size Forecast by Type
      11.6.1 Raw and Unrefined Shea Butter
      11.6.2 Refined Shea Butter
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Shea Butter Butyrospermum Parkii Market Size Forecast by Applications
      11.10.1 Cosmetics Industry
      11.10.2 Medicine Industry
      11.10.3 Food Industry
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Shea Butter Butyrospermum Parkii Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Shea Butter Butyrospermum Parkii Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Shea Butter Butyrospermum Parkii Market Size Forecast by Type
      12.6.1 Raw and Unrefined Shea Butter
      12.6.2 Refined Shea Butter
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Shea Butter Butyrospermum Parkii Market Size Forecast by Applications
      12.10.1 Cosmetics Industry
      12.10.2 Medicine Industry
      12.10.3 Food Industry
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Shea Butter Butyrospermum Parkii Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Shea Butter Butyrospermum Parkii Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Shea Butter Butyrospermum Parkii Market Size Forecast by Type
      13.6.1 Raw and Unrefined Shea Butter
      13.6.2 Refined Shea Butter
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Shea Butter Butyrospermum Parkii Market Size Forecast by Applications
      13.10.1 Cosmetics Industry
      13.10.2 Medicine Industry
      13.10.3 Food Industry
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Shea Butter Butyrospermum Parkii Market: Competitive Dashboard
   14.2 Global Shea Butter Butyrospermum Parkii Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 IOI Loders Croklaan
      14.3.2 Wilmar Africa Ltd/ Ghana Specialty Fats
      14.3.3 Ghana Nuts Ltd
      14.3.4 Shebu Industries
      14.3.5 Timiniya Tuma Company Ltd
      14.3.6 The Pure Company
      14.3.7 The Savannah Fruits Company
      14.3.8 VINK CHEMICALS GMBH & CO. KG
      14.3.9 Akoma Cooperative
      14.3.10 StarShea
      14.3.11 International Oils & Fats Limited
Segments Covered in the Report
The global Shea Butter Butyrospermum Parkii market has been segmented based on

By Types
  • Raw and Unrefined Shea Butter
  • Refined Shea Butter
By Applications
  • Cosmetics Industry
  • Medicine Industry
  • Food Industry
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • IOI Loders Croklaan
  • Wilmar Africa Ltd/ Ghana Specialty Fats
  • Ghana Nuts Ltd
  • Shebu Industries
  • Timiniya Tuma Company Ltd
  • The Pure Company
  • The Savannah Fruits Company
  • VINK CHEMICALS GMBH & CO. KG
  • Akoma Cooperative
  • StarShea
  • International Oils & Fats Limited

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