Global Shea Butter Market Analysis

Request for TOC Request for TOC Speak to Analyst Speak to Analyst Buy Now Buy Now Inquire Before Buying Inquire Before Free Sample Report Free Sample Report

Global Shea Butter Market Analysis

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

The shea butter market is experiencing significant growth due to advancements in extraction technologies and a rising demand for natural cosmetic ingredients. Traditional methods of extraction, which often involved manual labor, are increasingly being replaced by cold-press and mechanical extraction techniques. These methods not only enhance the yield and quality of shea butter but also preserve its beneficial properties, making it more appealing to cosmetic and food manufacturers.

In addition, the growing awareness of the health benefits of shea butter rich in vitamins A, E, and F has spurred its usage in skincare and haircare products. Brands are increasingly incorporating shea butter into formulations for moisturizers, shampoos, and conditioners, capitalizing on its hydrating and anti-inflammatory properties.

The demand for sustainable and ethically sourced ingredients is also driving market growth, with consumers favoring products that support local communities in West Africa, where shea trees are predominantly grown. This focus on sustainability, coupled with innovations in product formulation, is expected to propel the shea butter market further, with forecasts predicting a robust CAGR over the coming years as it captures new segments in both beauty and food industries.

Frequently Asked Questions

The market is segmented based on Segmentation, By Grade (Grade A, Grade B, Grade C, Grade D, and Grade E), Nature (Organic and Conventional), Species (Vitellaria Nilotica and Vitellaria Paradoxa), Certification (Uncertified and Certified), End User (Pharmaceuticals and Medical, Cosmetics and Personal Care, Food Processing, Retail, and Others), Distribution Channel (Specialty Stores, Online Stores, Supermarket, Convenience Stores, Hypermarket, and Others) – Industry Trends and Forecast to 2031 .
The Global Shea Butter Market size was valued at USD 98.99 USD Million in 2023.
The Global Shea Butter Market is projected to grow at a CAGR of 12.8% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, 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.