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Global Shea Butter Market: Size, Share, Outlook, Growth, Demand and Analysis 2019 – 2025

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By 2025, the global shea butter market size is estimated to reach USD 1.74 billion. Growing adoption in food, personal care & cosmetics, and medical industry is expected to drive the global shea butter market during the projected period.
Adroit Market Research
Global Shea Butter Market Size
2017
By Type (Raw & Unrefined Shea Butter, Refined Shea
Butter), By Application (Food, Cosmetic, and Medical),
By Region and Forecast 2018 to 2025
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Rising Adoption in Chocolate and Confectionary to Drive the Global Shea Butter
Market at a Projected CAGR of 13.3%
• Adroit Market Research published, “Global Shea Butter Market Size 2017 By Type (Raw & Unrefined, Refined), By
Application (Food, Cosmetic, and Medical), By Region and Forecast 2018 to 2025”. The study covers the global shea
butter market value and volume for a period ranging between 2015 to 2025, where 2015 to 2017 imply the actual
annual consumption with an annual forecast between 2018 and 2025. The global shea butter market analysis also
includes qualitative insights such as restraints and drivers. The global shea butter market in the USA has been analyzed
in detail.
• By 2025, the global shea butter market size is estimated to reach USD 1.74 billion. Growing adoption in food, personal
care & cosmetics, and medical industry is expected to drive the global shea butter market during the projected period.
Over the past few years, the global chocolate consumption has increased significantly which in turn has created
numerous opportunities for shea butter. Full of nutrients such as vitamin A, shea butter helps in treating wrinkles,
blemishes, dermatitis, eczema, stretch marks, and burns.
• Increasing consumption of shea butter as an ingredient in chocolate confectionery is expected to rise in demand over
the coming years. Improved heat stability, longer shelf life, nice flavor, and texture properties have increased shea
butter’s market concentration in the food industry over the past few years.
Browse the complete report on @
https://www.adroitmarketresearch.com/industry-reports/shea-butter-market
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Adroit Market Research
Rising Adoption in Chocolate and Confectionary to Drive the Global Shea
Butter Market at a Projected CAGR of 13.3%
• Shifting consumer trends towards health and hygiene has encouraged manufacturers to develop natural cosmetic
products. This, in turn, is expected to increase the demand for shea butter over the projected period. Recognition
by cosmetics industry by virtue of its therapeutic benefits such as anti-inflammatory, ultra-violet light protection,
anti-eczema, regenerative, moisturizing, and anti-wrinkle properties is expected to drive the global shea butter
market during the projected period.
• In 2017, Europe shea butter market accounted for more than 35% of overall market share, both volume, and
revenue. Growing chocolate production and consumption in this region is expected to provide a potential
opportunity for shea butter over the coming years. Moreover, approval from government bodies for the use of
shea butter is expected to increase its consumption in the coming years.
• The Savannah Fruits Company, Bunge Loders Croklaan, Ghana Nuts Company Ltd, Akoma Cooperative
Multipurpose Society, SHEBU Industries Limited, and Baraka Shea Butter are the leading players present within the
global shea butter market. These companies are focusing on expanding their business by making a partnership
with cosmetics & personal care manufacturers. For instance, FLASH BEAUTÉ INC. has a partnership with shea
butter producers in Burkina Faso to receive quality raw materials.Personal care products manufacturers are
adopting sustainable sourcing strategy with local communities in order to receive raw materials. For instance, a
flagship project Solidarity Sourcing was developed by L’Oreal with Olvea, a French company, specialized in
production and packaging of plant-based butter and Swedish company AAK. In 2012, more than 50% of L’Oreal’s
shea butter came from this solidarity branch.
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Key segments of the global Shea Butter market
Type Overview, 2015-2025 (Kilo Tons) (USD Million)
• Raw and unrefined shea butter
• Refined shea butter
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Food
• Cosmetic
• Medical
Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
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•
•
•
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Americas
Europe
Germany
Asia-Pacific
Middle East & Africa
Purchase a single user copy of the Shea Butter market report @
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Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
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size, key trends, participants and future outlook of an industry. We intend to become our
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opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
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