Image

Global Shea Butter Market – Industry Trends and Forecast to 2029

Food & Beverage

Image

Global Shea Butter Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Apr 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Shea Butter Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 77.80 USD Million
Diagram Market Size (Forecast Year) USD 203.92 USD Million
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Shea Butter Market, By Grade (Grade A, Grade B, Grade C, Grade D, Grade E), Nature (Organic, Conventional), Species (Vitellaria Nilotica, Vitellaria Paradoxa), Certification (Uncertified, Certified), End User (Pharmaceuticals & Medical, Cosmetics & Personal Care, Food Processing, Retail, Others), Distribution Channel (Specialty Stores, Online Stores, Supermarket, Convenience Stores, Hypermarket, Others) – Industry Trends and Forecast to 2029

Shea Butter Market

Shea Butter Market Analysis and Size

The medicinal value of the shea butter plant has gained popularity among health-conscious populations. A wide range of applications for shea butter has prompted functional food and cosmetic companies to invest significantly in its business prospects.

Data Bridge Market Research analyses that the shea butter market was valued at USD 77.80 million in 2021 and is expected to reach the value of USD 203.92 million by 2029, at a CAGR of 12.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Grade (Grade A, Grade B, Grade C, Grade D, Grade E), Nature (Organic, Conventional), Species (Vitellaria Nilotica, Vitellaria Paradoxa), Certification (Uncertified, Certified), End User (Pharmaceuticals & Medical, Cosmetics & Personal Care, Food Processing, Retail, Others), Distribution Channel (Specialty Stores, Online Stores, Supermarket, Convenience Stores, Hypermarket, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Shea Butter H.Q. (Australia), Aloe Plus Lanzarote S.L (Spain), Lily of the Desert (U.S.), NOW foods. (U.S.), Forever Living.com, L.L.C. (U.S.), Real Aloe Solutions Inc. (U.S.), Patanjali Ayurved (India), Herbalife International of America, Inc. (U.S.), Sarvliving (India), Green Leaf Naturals (U.S.), Warren Laboratories LLC (U.S.), Lakewood Inc (U.S.), The Bountiful Company (U.S., L.R. Health & Beauty (Germany)

Opportunities

  • Advances in extraction techniques have enabled the use of Shea Butter in its purest form
  • Companies investing in the Shea Butter market are avoiding the use of any synthetic ingredients to increase consumer appeal

Market Definition

Shea butter is a type of vegetable fat extracted from the nut of an African tree that is widely used in the cosmetics industry for skin and hair related products such as lip gloss, skin lotions, and hair conditioners.

Drivers

  • Various benefits associated with shea butter

Shea butter has numerous benefits and is used in a variety of industries including food, beverages, cosmetics, pharmaceuticals, and so on. Numerous studies have also found shea butter to be beneficial in a variety of conditions. Aside from its current applications, the benefits of shea butter are being researched in a variety of other areas. This is expected to broaden the applications of shea butter and open the door to the launch of several new products targeting newer indications.

  • The growing acceptance of the Shea Butter by the population

Consumers all over the world are becoming more health-conscious as the prevalence of lifestyle-related diseases rises. As a result of this trend, consumers perceive products containing natural ingredients such as shea butter to be safer and healthier than their processed or chemical alternatives. Another important factor driving the growth of the shea butter market is the high level of consumer acceptance. For several thousand years, consumers all over the world have been aware of its benefits and applications. As a result, manufacturers do not have to spend as much money educating consumers about its benefits and applications.

Opportunity

Advances in extraction techniques have enabled the use of shea butter in its purest form. Furthermore, the use of better preservatives has allowed them to extend their products' shelf-life to meet their customers' expectations. This has fuelled demand in recent years. Furthermore, personal care companies investing in the shea butter market avoid using synthetic ingredients to increase consumer appeal.

Restraints

On the other hand, the easy availability of less expensive substitutes such as mango butter, shea oil, avocado butter, and cupuacu butter is expected to stymie the growth of the shea butter market. In the forecast period, the shea butter market is expected to face challenges due to a lack of standardisation.

This shea butter market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the shea butter market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Shea Butter Market

COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. One of them was the global shea butter market. The global market has come to a halt as a result of COVID-19 guidelines and lockdown implementations in various regions. The global market's growth had been stifled due to a lack of transportation and labour. As a result, both productivity and investors have suffered.

Global Shea Butter Market Scope

The shea butter market is segmented on the basis of grade, nature, species, certification, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Grade

  • Grade A
  • Grade B
  • Grade C
  • Grade D
  • Grade E

Nature

  • Organic
  • Conventional

Species 

  • Vitellaria Nilotica
  • Vitellaria Paradoxa

Certification

  • Certified
  • Uncertified

End user

  • Pharmaceuticals & Medical
  • Cosmetics & Personal Care
  • Food Processing
  • Retail
  • Others

Distribution channel

  • Specialty Stores
  • Online Stores
  • Supermarket
  • Convenience Stores
  • Hypermarket
  • Others

Shea Butter Market Regional Analysis/Insights

The shea butter market is analysed and market size insights and trends are provided by country, of grade, nature, species, certification, end user and distribution channel as referenced above.

The countries covered in the shea butter market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the shea butter market due to rising consumer preference for baked goods and confectionery and the presence of end user industries in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Shea Butter Market Share Analysis

The shea butter market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to shea butter market.

Some of the major players operating in the shea butter market are:

  • Shea Butter HQ (Australia)
  • Aloe Plus Lanzarote S.L (Spain)
  • Lily of the Desert (U.S.)
  • NOW foods. (U.S.)
  • Forever Living.com, L.L.C. (U.S.)
  • Real Aloe Solutions Inc. (U.S.)
  • Patanjali Ayurved (India)
  • Herbalife International of America, Inc. (U.S.)
  • Sarvliving (India)
  • Green Leaf Naturals (U.S.)
  • Warren Laboratories LLC (U.S.)
  • Lakewood Inc (U.S.) 
  • The Bountiful Company (U.S.)
  • LR Health & Beauty (Germany)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials