Shea Butter Market Research Report—Forecast till 2026

Shea Butter Market Research Report—Forecast till 2026

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Global Shea Butter Market is anticipated to exhibit a CAGR of 5.40% to surpass USD 1,048.2 Million by 2026. Shea butter is obtained from the nuts of the shea tree of West Africa. This kind of butter is having a wide range of applications in various industries such as cosmetics health products and the confectionery and chocolate industry.

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Shea Butter Market Research Report—Forecast till 2026

Market Overview
Global Shea Butter Market is anticipated to exhibit a CAGR of 5.40% to surpass USD 1,048.2 Million by 2026. Shea butter is obtained from the nuts of the shea tree of West Africa. This kind of butter is having a wide range of applications in various industries such as cosmetics health products and the confectionery and chocolate industry. It has various health benefits such as antioxidants, antibacterial, anti-inflammatory. The growth of the global shea butter market growth is driven by the declining production of cocoa beans and the increasing demand for cocoa beans. Additionally, with the decreasing production of cocoa beans, many manufacturers are moving towards cocoa butter alternatives to gain higher revenue. Furthermore, the decreased production of cocoa beans has highly affected their prices and has reduced their profitability. Hence, manufacturers are opting for cocoa butter alternatives that are not only derived from natural ingredients but also draw greater margins and higher profits.
Global Shea Butter Market is anticipated to exhibit a significant expansion rate during the review period. The global market growth is attributed to the potential demand for shea butter from various industries such as personal care, food & beverage, and pharmaceuticals. The increasing need for natural ingredients products is estimated to offer various lucrative growth opportunities to the market players during the review period. However, stringent regulatory frameworks imposed by certain countries/regions are expected to restrain the growth of the global shea butter market.
Market Segmentation
Global Shea Butter Market has been categorized By Flavor, Category, and Application. In terms of Flavor, the global market is bifurcated into Refined and Unrefined/Raw
By Category segment, the Global Shea Butter Market has been segmented into Conventional and Organic. Based on the Application segment the global market has been divided into Food & Beverages, Personal Care, and Pharmaceuticals.
Regional Analysis
The geographic analysis of the global Shea Butter market research report has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Europe is expected to dominate the global market owing to the largest share of 37.13% in 2019. The growth of the regional market is driven by various factors such as the rising consumer inclination towards baked products and confectionery. The usage of shea butter is increasing rapidly over the last few years in bakery and confectionery products. Furthermore, the Europe region’s notable market share can be attributed to the existence of prominent confectionery companies in the region such as the Ferrero Group, Nestlé SA, Chocoladenfabriken Lindt & Sprüngli AG, and Pladis.
Major Players
The Key Players operating in the Global Shea Butter Market are BASF SE (Germany), Bunge Ltd (US), Cargill, Incorporated (US), AAK AB (Sweden), Vink Chemicals GmbH & Co. KG (Germany), Sophie S.A (France), Ghana Nuts Company Limited (Ghana), Shea Radiance (US),

 

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TABLE OF CONTENT 1 EXECUTIVE SUMMARY 1.1 MARKET ATTRACTIVENESS ANALYSIS 15 1.1.1 GLOBAL SHEA BUTTER MARKET, BY TYPE 16 1.1.2 GLOBAL SHEA BUTTER MARKET, BY CATEGORY 17 1.1.3 GLOBAL SHEA BUTTER MARKET, BY APPLICATION 18 1.1.4 GLOBAL SHEA BUTTER MARKET, BY REGION 19 2 MARKET INTRODUCTION 2.1 DEFINITION 20 2.2 SCOPE OF THE STUDY 20 2.3 RESEARCH OBJECTIVE 20 2.4 MARKET STRUCTURE 21 2.5 KEY BUYING CRITERIA 21 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 22 3.2 PRIMARY RESEARCH 23 3.3 SECONDARY RESEARCH 24 3.4 MARKET SIZE ESTIMATION 25 3.5 FORECAST MODEL 26 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27 4 MARKET DYNAMICS 4.1 INTRODUCTION 28 4.2 DRIVERS 29 4.2.1 DECLINING PRODUCTION OF COCOA BEANS ALONG WITH ESCALATING DEMAND FOR COCOA BUTTER ALTERNATIVES 29 4.2.2 POTENTIAL DEMAND OF SHEA BUTTER FROM VARIOUS INDUSTRIES 29 4.2.3 DRIVERS IMPACT ANALYSIS 30 4.3 RESTRAINTS 30 4.3.1 STRINGENT REGULATORY FRAMEWORKS 30 4.3.2 RESTRAINTS IMPACT ANALYSIS 31 4.4 OPPORTUNITIES 31 4.4.1 GROWING DEMAND FOR NATURAL INGREDIENTS PRODUCTS 31 4.5 CHALLENGES 31 4.5.1 HIGH PRI CES OF SHEA BUTTER 31 5 MARKET FACTOR ANALYSIS 5.1 VALUE CHAIN ANALYSIS 32 5.1.1 RAW MATERIALS 33 5.1.2 PROCESSING 33 5.1.2.1 CURING 33 5.1.2.2 EXTRACTION 33 5.1.2.3 REFINING 33 5.1.2.4 FRACTIONATION 34 5.1.3 PACKAGING 34 5.2 SUPPLY CHAIN ANALYSIS 35 5.3 PORTER’S FIVE FORCES MODEL 36 5.3.1 THREAT OF NEW ENTRANTS 36 5.3.2 BARGAINING POWER OF SUPPLIERS 37 5.3.3 BARGAINING POWER OF BUYERS 37 5.3.4 THREAT OF SUBSTITUTES 37 5.3.5 RIVALRY 37 5.4 IMPORT & EXPORT ANALYSIS, 2019 38 5.5 LIST OF SHEA KERNELS TO SHEA BUTTER PROCESSING MAJOR COUNTRIES, BY REGION 38 5.6 APPLICATION OF SHEA BUTTER IN VARIOUS INDUSTRY 39 6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL SHEA BUTTER MARKET 7 GLOBAL SHEA BUTTER MARKET, BY TYPE 7.1 OVERVIEW 41 7.1.1 GLOBAL SHEA BUTTER MARKET ESTIMATES & FORECAST, BY TYPE, 2018–2026 42 7.2 REFINED 42 7.2.1 REFINED: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 42 7.3 UNREFINED/RAW 43 7.3.1 UNREFINED/RAW: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 43 8 GLOBAL SHEA BUTTER MARKET, BY CATEGORY 8.1 OVERVIEW 44 8.1.1 GLOBAL SHEA BUTTER MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2026 45 8.2 CONVENTIONAL 45 8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 45 8.3 ORGANIC 46 8.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 46 9 GLOBAL SHEA BUTTER MARKET, BY APPLICATION 9.1 OVERVIEW 47 9.1.1 GLOBAL SHEA BUTTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 48 9.2 FOOD AND BEVERAGES 48 9.2.1 FOOD AND BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 48 9.3 PERSONAL CARE 49 9.3.1 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 49 9.4 PHARMACEUTICALS 50 9.4.1 PHARMACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 50 10 GLOBAL SHEA BUTTER MARKET, BY REGION 10.1 OVERVIEW 51 10.2 NORTH AMERICA 53 10.2.1 US 55 10.2.2 CANADA 56 10.2.3 MEXICO 57 10.3 EUROPE 58 10.3.1 UK 60 10.3.2 GERMANY 61 10.3.3 FRANCE 62 10.3.4 ITALY 63 10.3.5 SPAIN 64 10.3.6 REST OF EUROPE 65 10.4 ASIA-PACIFIC 67 10.4.1 CHINA 69 10.4.2 INDIA 70 10.4.3 JAPAN 71 10.4.4 AUSTRALIA & NEW ZEALAND 72 10.4.5 REST OF ASIA-PACIFIC 73 10.5 REST OF THE WORLD 75 10.5.1 SOUTH AMERICA 77 10.5.2 MIDDLE EAST 78 10.5.3 AFRICA 79 11 COMPETITIVE LANDSCAPE 11.1 INTRODUCTION 80 11.1.1 MARKET STRATEGY ANALYSIS 80 11.2 COMPETITIVE BENCHMARKING 81   11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 82 11.3.1 EXPANSIONS 82 11.3.2 PARTNERSHIP 82 12 COMPANY PROFILES 12.1 BASF SE 83 12.1.1 COMPANY OVERVIEW 83 12.1.2 FINANCIAL OVERVIEW 84 12.1.3 PRODUCTS OFFERED 84 12.1.4 KEY DEVELOPMENTS 84 12.1.5 SWOT ANALYSIS 85 12.1.6 KEY STRATEGIES 85 12.2 BUNGE LTD 86 12.2.1 COMPANY OVERVIEW 86 12.2.2 FINANCIAL OVERVIEW 86 12.2.3 PRODUCTS OFFERED 87 12.2.4 KEY DEVELOPMENTS 87 12.2.5 SWOT ANALYSIS 87 12.2.6 KEY STRATEGIES 88 12.3 CARGILL, INCORPORATED 89 12.3.1 COMPANY OVERVIEW 89 12.3.2 FINANCIAL OVERVIEW 89 12.3.3 PRODUCTS OFFERED 90 12.3.4 KEY DEVELOPMENTS 90 12.3.5 SWOT ANALYSIS 90 12.3.6 KEY STRATEGIES 91 12.4 AAK AB 92 12.4.1 COMPANY OVERVIEW 92 12.4.2 FINANCIAL OVERVIEW 92 12.4.3 PRODUCTS OFFERED 93 12.4.4 KEY DEVELOPMENTS 93 12.4.5 SWOT ANALYSIS 93 12.4.6 KEY STRATEGIES 93 12.5 VINK CHEMICALS GMBH & CO. KG 94 12.5.1 COMPANY OVERVIEW 94 12.5.2 FINANCIAL OVERVIEW 94 12.5.3 PRODUCTS OFFERED 94 12.5.4 KEY DEVELOPMENTS 94 12.5.5 SWOT ANALYSIS 95 12.5.6 KEY STRATEGIES 95 12.6 SOPHIM S.A 96 12.6.1 COMPANY OVERVIEW 96 12.6.2 FINANCIAL OVERVIEW 96 12.6.3 PRODUCTS OFFERED 96 12.6.4 KEY DEVELOPMENTS 96 12.6.5 KEY STRATEGIES 96 12.7 GHANA NUTS COMPANY LIMITED 97 12.7.1 COMPANY OVERVIEW 97 12.7.2 FINANCIAL OVERVIEW 97 12.7.3 PRODUCTS OFFERED 97 12.7.4 KEY DEVELOPMENTS 97 12.7.5 KEY STRATEGIES 97 12.8 SHEA RADIANCE 98 12.8.1 COMPANY OVERVIEW 98 12.8.2 FINANCIAL OVERVIEW 98 12.8.3 PRODUCTS OFFERED 98 12.8.4 KEY DEVELOPMENTS 98 12.8.5 KEY STRATEGIES 98 12.9 THE ORGANIC SHEA BUTTER COMPANY 99 12.9.1 COMPANY OVERVIEW 99 12.9.2 FINANCIAL OVERVIEW 99 12.9.3 PRODUCTS OFFERED 99 12.9.4 KEY DEVELOPMENTS 99 12.9.5 KEY STRATEGIES 99 12.10 THE SAVANNAH FRUITS COMPANY 100 12.10.1 COMPANY OVERVIEW 100 12.10.2 FINANCIAL OVERVIEW 100 12.10.3 PRODUCTS OFFERED 100 12.10.4 KEY DEVELOPMENTS 100 12.10.5 KEY STRATEGIES 100 13 REFERENCES

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