This report studies the Shea Butter market, from angles of players, regions, product types and end industries, to analyze the status and the future. 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.
According to our (Global Info Research) latest study, the global Shea Butter market size was valued at USD 970.3 million in 2022 and is forecast to a readjusted size of USD 1784.2 million by 2029 with a CAGR of 9.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Shea Butter key players include IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, etc. Global top five manufacturers hold a share about 15%. Europe and Middle East and Africa is the largest market, both with a share about 30%, followed by North America, with a share about 20 percent. In terms of product, Refined Shea Butter is the largest segment, with a share about 65%. And in terms of application, the largest application is Food Industry, followed by Cosmetics Industry, Medicine Industry, etc.
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This report is a detailed and comprehensive analysis for global Shea Butter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market Segmentation
Shea Butter market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Raw and Unrefined Shea Butter
Refined Shea Butter
Market segment by Application
Cosmetics Industry
Medicine Industry
Food Industry
Major players covered
IOI Loders Croklaan
Wilmar Africa/ Ghana Specialty Fats
Ghana Nuts
Shebu Industries
Timiniya Tuma
The Pure
The Savannah Fruits
VINK CHEMICALS GMBH & CO. KG
Akoma Cooperative
StarShea
International Oils & Fats
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, Chapter 1, to describe High Purity Shea Butter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of High Purity Shea Butter, with price, sales, revenue and global market share of High Purity Shea Butter from 2018 to 2023.
Chapter 3, the High Purity Shea Butter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the High Purity Shea Butter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and High Purity Shea Butter market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of High Purity Shea Butter.
Chapter 14 and 15, to describe High Purity Shea Butter sales channel, distributors, customers, research findings and conclusion.
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