Shea butter is an edible vegetable oil or fat, extracted from sun-dried kernels of the African shea tree. Shea butter is extensively used in cosmetics, health products and in the confectionery and chocolate industry (as an ingredient in cocoa butter alternatives). Shea butter and its fractions can also replace other edible vegetable oils or fats in other food applications. Shea butter is used for body, hand and facial products because of its unsaponifiables content. Shea butter contains ester resins recommended for damaged skin repair, cleansing and the sun's protection.
Scope of the Report:After several months of survey and research, research group obtains the following conclusions:
Shea Butter is mainly produced in West, Central and East African countries, and Shea Butter market is now attractive for markets across Europe, America and Asia. An important market exists in the European Union, USA which buys shea mainly for cosmetics and chocolate formations.
First, Shea Butter market mainly in Middle East and Africa of shea butter is 126.6 K MT with a global sales share 32.60% of in 2017,the second Shea Butter market is the Europe, the sales is 107.9 K MT, the market share is 27.78% in 2017.
Second, there are major two classifications of shea butter in this report, the raw and unrefined shea butter, and refined shea butter. Globally, the sales share of each type of shea butter is 37.36% and 62.64% in 2017.
Third, the major applications of shea butter are cosmetics industry, medicine industry and food industry. Globally, the sales share of each application ares of shea butter is 38.52%, 11.82% and 49.66% in 2017.
At last, the average price for Shea butter is much lower than the world market prices for cocoa butter and as a replacement of cocoa butter, the average price of shea butter did not decrease.
The worldwide market for Shea Butter is expected to grow at a CAGR of roughly 9.6% over the next five years, will reach 1140 million US$ in 2026, from 660 million US$ in 2020, according to a new Our study.
This report focuses on the Shea Butter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers 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
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Raw and Unrefined Shea Butter
Refined Shea Butter
Market Segment by Applications, can be divided into Cosmetics Industry
Medicine Industry
Food Industry
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Shea Butter product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Shea Butter, with price, sales, revenue and global market share of Shea Butter in 2018 and 2019.
Chapter 3, the Shea Butter competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Shea Butter breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Shea Butter market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Shea Butter sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
