Shea Butter Market Size By Product, By Application, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023

Description

List of Tables

Shea Butter Market is anticipated to exhibit growth through 2032 owing to the rising sales of organic products. Shea butter boasts of anti-inflammatory and healing properties owing to which it is being largely used in body and face products to condition, tone, and soothe the skin. In addition, some of the key factors, such as increased disposable income and rising concerns regarding the usage of organic products, will help the industry grow in the near future.

Shea butter has been used for cooking and medicinal purposes in Africa. It is ideal for collagen formation and UV protection as it is rich in vitamins and fatty acids. The product also boasts of buttery texture and 60% fat content, which enables it to penetrate the skin with ease. Moreover, the rising demand for shea butter in the western cosmetics market will also result in an increase in the imports of raw nuts for processing into butter.

Overall, the shea butter industry is segmented in terms of product, application and region.

Based on product, the raw & unrefined shea butter segment is anticipated to depict strong growth through 2032. Raw and unrefined shea butter has exceptional moisturizing properties, works as an emollient, and is highly preferable for people with dry skin. The product also helps combat stretch marks, reduce the ageing signs, and also blocks UV rays with an SPF between 3-4. Various solution providers in the shea butter industry are working toward facility expansion and new unit launches, fostering the segmental growth.

To cite an instance, Bunge Loders Croklaan (BLC), in 2020, established a new shea butter processing plant in Ghana. According to company officials, the facility is fully mechanized fractionation unit that processes raw shea butter processed from domestically crushed shea nuts.

By application, the pharmaceuticals segment is anticipated to hold over USD 150 million market share by 2032. The rising application of shea butter in treating skin from inflammatory sensations and allergies will assist the segment growth over the estimated timespan. Besides, the rising application of shea butter in SPF 6 skin lotions, the base for homemade deodorant, prevention of stretch marks, face and body moisturizer, massage butter, and under-eye wrinkle remover will further assist product demand in pharmaceutical sector.

Regionally, the Asia Pacific shea butter market is expected to depict over 9.5% CAGR during 2023-2032. Key factors such as increasing disposable income, rising industrialization, growing consumer preferences for premium and branded products, along with increasing per capita income in developing countries including India will positively influence the industry expansion in the region by 2032.

Product Code: 4342

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Industry Segmentation
1.3 Base estimates & calculations
1.4 Forecast calculations

COVID 19 Impact Analysis

o North America

o Europe

o Asia Pacific

o LATAM

o MEA

1.5 Data sources
- 1.5.1 Primary
- 1.5.2 Secondary
  - 1.5.2.1 Paid sources
  - 1.5.2.2 Public sources

Chapter 2 Executive Summary

2.1 Shea butter industry 360 degree synopsis, 2022 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
- 2.1.4 Application trends

Chapter 3 Automotive Bioplastics Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2022 - 2032
3.3 Industry ecosystem analysis
3.4 Vendor matrix
- 3.4.1 Distribution channel analysis
  - 3.4.1.1 Collaboration/partnerships
  - 3.4.1.2 Distributors
3.5 Raw material analysis
3.6 Technology landscape
3.7 Cost structure analysis
3.8 Regulatory landscape
- 3.8.1 U.S.
- 3.8.2 Europe
- 3.8.3 China
3.9 Pricing analysis
- 3.9.1 Refined shea butter
- 3.9.2 Raw and unrefined shea butter
3.10 Industry impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 North America: Rapid development of cost-effective cosmetic shea products will drive the product growth
  - 3.10.1.2 Europe: Growing consumption of bakery and confectionery products contributes to product demand
  - 3.10.1.3 Asia Pacific: Changing living standards accompanied by rise in consumer purchasing power to support shea industry growth
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Presence of substitutes including palm oil, Avocado Butter, Cupuacu Butter might restrain the shea butter demand
3.11 Innovation & sustainability
3.12 Growth potential analysis, 2022
- 3.12.1 Emerging business model
  - 3.12.1.1 New product launch
  - 3.12.1.2 Acquisition
3.13 Porter's analysis
3.14 Competitive Landscape, 2022
- 3.14.1 Company Market Share
- 3.14.2 Strategy dashboard
3.15 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share analysis by region, 2022
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Shea Butter Market, By product

5.1 Key product trends
5.2 Raw and Unrefined Shea Butter
- 5.2.1 Global raw and unrefined shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 5.2.2 Global raw and unrefined shea butter market, by region, 2018-2032, (Kilo tons) (USD Million)
- 5.2.3 Global raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
5.3 Refined Shea Butter
- 5.3.1 Global refined shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 5.3.2 Global refined shea butter market, by region, 2018-2032, (Kilo tons) (USD Million)
- 5.3.3 Global refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)

Chapter 6 Shea Butter Market, By Application

6.1 Key application trends
6.2 Food and Beverage
- 6.2.1 Global Shea Butter for food and beverage market, 2018-2032, (Kilo tons) (USD Million)
- 6.2.2 Global Shea Butter for food and beverage market, by region, 2018-2032, (Kilo tons) (USD Million)
- 6.2.3 Global shea butter for food and beverage market, by product, 2018-2032, (Kilo tons) (USD Million)
6.3 Personal Care & Cosmetics
- 6.3.1 Global Shea Butter for personal care & cosmetics market, 2018-2032, (Kilo tons) (USD Million)
- 6.3.2 Global Shea Butter for personal care & cosmetics market, by region, 2018-2032, (Kilo tons) (USD Million)
- 6.3.3 Global shea butter for personal care & cosmetics market, by product, 2018-2032, (Kilo tons) (USD Million)
6.4 Pharmaceuticals
- 6.4.1 Global Shea Butter for pharmaceuticals market, 2018-2032, (Kilo tons) (USD Million)
- 6.4.2 Global Shea Butter for pharmaceuticals market, by region, 2018-2032, (Kilo tons) (USD Million)
- 6.4.3 Global shea butter for pharmaceuticals market, by product, 2018-2032, (Kilo tons) (USD Million)

Chapter 7 Shea Butter Market, By Region

7.1 Key regional trends
7.2 North America
- 7.2.1 North America shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 7.2.2 North America shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
- 7.2.3 North America shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.3.1 North America raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.3.2 North America refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.2.4 U.S.
  - 7.2.4.1 U.S. shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.4.2 U.S. shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.4.3 U.S. shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.4.4 U.S. raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.4.5 U.S. refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.2.5 Canada
  - 7.2.5.1 Canada shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.5.2 Canada shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.5.3 Canada shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.5.4 Canada raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.5.5 Canada refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.2.6 Mexico
  - 7.2.6.1 Mexico shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.6.2 Mexico shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.6.3 Mexico shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.6.4 Mexico raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.2.6.5 Mexico refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
7.3 Europe
- 7.3.1 Europe shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 7.3.2 Europe shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
- 7.3.3 Europe shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.3.1 Europe raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.3.2 Europe refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.3.4 Germany
  - 7.3.4.1 Germany shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.4.2 Germany shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.4.3 Germany shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.4.4 Germany raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.4.5 Germany refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.3.5 UK
  - 7.3.5.1 UK shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.5.2 UK shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.5.3 UK shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.5.4 UK raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.5.5 UK refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.3.6 France
  - 7.3.6.1 France shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.6.2 France shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.6.3 France shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.6.4 France raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.6.5 France refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.3.7 Italy
  - 7.3.7.1 Italy shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.7.2 Italy shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.7.3 Italy shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.7.4 Italy raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.7.5 Italy refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.3.8 Spain
  - 7.3.8.1 Spain shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.8.2 Spain shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.8.3 Spain shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.8.4 Spain raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.3.8.5 Spain refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
7.4 Asia Pacific
- 7.4.1 Asia Pacific shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 7.4.2 Asia Pacific shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
- 7.4.3 Asia Pacific shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.3.1 Asia Pacific raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.3.2 Asia Pacific refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.4.4 China
  - 7.4.4.1 China shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.4.2 China shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.4.3 China shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.4.4 China raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.4.5 China refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.4.5 India
  - 7.4.5.1 India shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.5.2 India shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.5.3 India shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.5.4 India raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.5.5 India refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.4.6 Japan
  - 7.4.6.1 Japan shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.6.2 Japan shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.6.3 Japan shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.6.4 Japan raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.6.5 Japan refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.4.7 Australia
  - 7.4.7.1 Australia shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.7.2 Australia shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.7.3 Australia shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.7.4 Australia raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.7.5 Australia refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.4.8 South Korea
  - 7.4.8.1 South Korea shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.8.2 South Korea shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.8.3 South Korea shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.8.4 South Korea raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.4.8.5 South Korea refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
7.5 LATAM
- 7.5.1 LATAM shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 7.5.2 LATAM shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
- 7.5.3 LATAM shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.5.3.1 LATAM raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.5.3.2 LATAM refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.5.4 Brazil
  - 7.5.4.1 Brazil shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.5.4.2 Brazil shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.5.4.3 Brazil shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.5.4.4 Brazil raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.5.4.5 Brazil refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
7.6 Middle East & Africa
- 7.6.1 Middle East & Africa shea butter market, 2018-2032, (Kilo tons) (USD Million)
- 7.6.2 Middle East & Africa shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
- 7.6.3 Middle East & Africa shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.3.1 Middle East & Africa raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.3.2 Middle East & Africa refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.6.4 Nigeria
  - 7.6.4.1 Nigeria shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.4.2 Nigeria shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.4.3 Nigeria shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.4.4 Nigeria raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.4.5 Nigeria refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.6.5 Burkina Faso
  - 7.6.5.1 Burkina Faso shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.5.2 Burkina Faso shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.5.3 Burkina Faso shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.5.4 Burkina Faso raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.5.5 Burkina Faso refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
- 7.6.6 Saudi Arabia
  - 7.6.6.1 Saudi Arabia shea butter market, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.6.2 Saudi Arabia shea butter market, by product, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.6.3 Saudi Arabia shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.6.4 Saudi Arabia raw and unrefined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)
  - 7.6.6.5 Saudi Arabia refined shea butter market, by application, 2018-2032, (Kilo tons) (USD Million)

Chapter 8 Company Profiles

8.1 BASF
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
8.2 International Oils & Fats Limited.
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 SWOT analysis
8.3 AAK AB
- 8.3.1 Financial data
- 8.3.2 Product landscape
- 8.3.3 Strategic outlook
- 8.3.4 SWOT analysis
8.4 Croda International
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic outlook
- 8.4.5 SWOT analysis
8.5 OLVEA
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 SWOT analysis
8.6 Akoma International Ltd
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 SWOT analysis
8.7 Bunge Limited
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic outlook
- 8.7.5 SWOT analysis
8.8 The Savannah Fruits Company
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 SWOT analysis
8.9 Ghana Nuts Company Limited
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 SWOT analysis
8.10 Agrobotanicals LLC
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 Strategic outlook
- 8.10.5 SWOT analysis
8.11 Cargill Incorporated
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 SWOT Analysis
8.12 Clariant
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 SWOT Analysis
8.13 SOPHIM
- 8.13.1 Business Overview
- 8.13.2 Financial Data
- 8.13.3 Product Landscape
- 8.13.4 SWOT Analysis