Global Shea Butter Market Insights, Forecast to 2025

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.
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 global Shea Butter market is valued at 660 million US$ in 2018 and will reach 1360 million US$ by the end of 2025, growing at a CAGR of 9.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Shea Butter market based on company, product type, end user and key regions.

This report studies the global market size of Shea Butter in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Shea Butter in these regions.
This research report categorizes the global Shea Butter market by top players/brands, region, type and end user. This report also studies the global Shea Butter market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
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 size by Product
Raw and Unrefined Shea Butter
Refined Shea Butter
Market size by End User
Cosmetics Industry
Medicine Industry
Food Industry

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Shea Butter market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Shea Butter market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Shea Butter companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Shea Butter submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Shea Butter are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Shea Butter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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  • By End User/Applications
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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