Global Shea Butter Market Research Report provides insights of Shea Butter industry over past 5 years and forecast until 2024. The report offers the most up-to-date industry data on the actual and potential market situation, and future outlook. The Shea Butter market research includes historic data from 2014 to 2019 and forecasts until 2024.
Synopsis: 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.
Global Shea Butter 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
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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 2024, from 660 million US$ in 2019, according to a new Research Report.
The Shea Butter market research report analyzes adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, market ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Shea Butter market. The report is thoroughly segmented by product type, application, vertical, and region.
Global Shea Butter Market Segment by Applications, can be divided into:
Global Shea Butter Market Segment by Type, covers:
Raw and Unrefined Shea Butter
Refined Shea Butter
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)
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Scope of Shea Butter Market:
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 2024, from 660 million US$ in 2019, according to a new GIR (Global Info Research) 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.
Further in the report, Shea Butter Market is examined for price, cost and gross revenue. These three points are analysed for types, companies and regions. In prolongation with this data sale price for various types, applications and region is also included. The Shea Butter market consumption for major regions is given. Additionally, type wise and application wise consumption figures are also given.
The report helps answer the following questions:
– What is the current size of the Shea Butter market?
– How is the Shea Butter market divided into different types of product segments?
– How are the overall market and different product segments growing?
– How is the market predicted to develop in the future?
The latest industry data included in this report:
– Overall Shea Butter market size, 2014-2024
– Shea Butter market size by product segment, 2014-2024
– Growth rates of the overall market and different product segments, 2014-2024
– Shares of different product segments of the overall Shea Butter market, 2014, 2019, and 2024
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Other Major Topics Covered in Shea Butter market research report are as follows: Marketing Strategy Analysis, Distributors/Traders included in Shea Butter Industry: Market Effect Factors Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers in Shea Butter Market, Manufacturing Expenses, Market Drivers and Opportunities, Mergers & Acquisitions, Expansion, Key Suppliers of Raw Materials, Research Findings and Conclusion, Market Size (Value and Volume) analysis of Shea Butter market and another component …