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Shea Butter-Global Market Insights and Sales Trends 2024
Synopsis
This report studies the Shea Butter market, from angles of players, regions, product types and end industries, to analyze the status and the future. 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.
The global Shea Butter market size is expected to reach US$ 1793.1 million by 2029, growing at a CAGR of 9.5% from 2023 to 2029. The market is mainly driven by the significant applications of Shea Butter in various end use industries. The expanding demands from the Cosmetics Industry, Medicine Industry and Food Industry,, are propelling Shea Butter market. Raw and Unrefined Shea Butter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Refined Shea Butter segment is estimated at % CAGR for the next seven-year period.
Global Shea Butter key players include IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, etc. Global top five manufacturers hold a share about 15%. Europe and Middle East and Africa is the largest market, both with a share about 30%, followed by North America, with a share about 20 percent. In terms of product, Refined Shea Butter is the largest segment, with a share about 65%. And in terms of application, the largest application is Food Industry, followed by Cosmetics Industry, Medicine Industry, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shea Butter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shea Butter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shea Butter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shea Butter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shea Butter covered in this report include IOI Loders Croklaan, Wilmar Africa/ Ghana Specialty Fats, Ghana Nuts, Shebu Industries, Timiniya Tuma, The Pure, The Savannah Fruits, VINK CHEMICALS GMBH & CO. KG and Akoma Cooperative, etc.
The global Shea Butter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IOI Loders Croklaan
Wilmar Africa/ Ghana Specialty Fats
Ghana Nuts
Shebu Industries
Timiniya Tuma
The Pure
The Savannah Fruits
VINK CHEMICALS GMBH & CO. KG
Akoma Cooperative
StarShea
International Oils & Fats
Global Shea Butter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shea Butter market, Segment by Type:
Raw and Unrefined Shea Butter
Refined Shea Butter
Global Shea Butter market, by Application
Cosmetics Industry
Medicine Industry
Food Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shea Butter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shea Butter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
This report studies the Shea Butter market, from angles of players, regions, product types and end industries, to analyze the status and the future. 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.
The global Shea Butter market size is expected to reach US$ 1793.1 million by 2029, growing at a CAGR of 9.5% from 2023 to 2029. The market is mainly driven by the significant applications of Shea Butter in various end use industries. The expanding demands from the Cosmetics Industry, Medicine Industry and Food Industry,, are propelling Shea Butter market. Raw and Unrefined Shea Butter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Refined Shea Butter segment is estimated at % CAGR for the next seven-year period.
Global Shea Butter key players include IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, etc. Global top five manufacturers hold a share about 15%. Europe and Middle East and Africa is the largest market, both with a share about 30%, followed by North America, with a share about 20 percent. In terms of product, Refined Shea Butter is the largest segment, with a share about 65%. And in terms of application, the largest application is Food Industry, followed by Cosmetics Industry, Medicine Industry, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shea Butter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shea Butter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shea Butter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shea Butter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shea Butter covered in this report include IOI Loders Croklaan, Wilmar Africa/ Ghana Specialty Fats, Ghana Nuts, Shebu Industries, Timiniya Tuma, The Pure, The Savannah Fruits, VINK CHEMICALS GMBH & CO. KG and Akoma Cooperative, etc.
The global Shea Butter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IOI Loders Croklaan
Wilmar Africa/ Ghana Specialty Fats
Ghana Nuts
Shebu Industries
Timiniya Tuma
The Pure
The Savannah Fruits
VINK CHEMICALS GMBH & CO. KG
Akoma Cooperative
StarShea
International Oils & Fats
Global Shea Butter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shea Butter market, Segment by Type:
Raw and Unrefined Shea Butter
Refined Shea Butter
Global Shea Butter market, by Application
Cosmetics Industry
Medicine Industry
Food Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shea Butter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shea Butter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Shea Butter Market Overview
1.1 Shea Butter Product Overview
1.2 Shea Butter Market Segment by Type
1.2.1 Raw and Unrefined Shea Butter
1.2.2 Refined Shea Butter
1.3 Global Shea Butter Market Size by Type
1.3.1 Global Shea Butter Market Size Overview by Type (2018-2029)
1.3.2 Global Shea Butter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Shea Butter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Shea Butter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Shea Butter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Shea Butter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Shea Butter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Shea Butter Sales Breakdown by Type (2018-2023)
2 Global Shea Butter Market Competition by Company
2.1 Global Top Players by Shea Butter Sales (2018-2023)
2.2 Global Top Players by Shea Butter Revenue (2018-2023)
2.3 Global Top Players by Shea Butter Price (2018-2023)
2.4 Global Top Manufacturers Shea Butter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Shea Butter Market Competitive Situation and Trends
2.5.1 Shea Butter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Shea Butter Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shea Butter as of 2022)
2.7 Date of Key Manufacturers Enter into Shea Butter Market
2.8 Key Manufacturers Shea Butter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Shea Butter Status and Outlook by Region
3.1 Global Shea Butter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Shea Butter Historic Market Size by Region
3.2.1 Global Shea Butter Sales in Volume by Region (2018-2023)
3.2.2 Global Shea Butter Sales in Value by Region (2018-2023)
3.2.3 Global Shea Butter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Shea Butter Forecasted Market Size by Region
3.3.1 Global Shea Butter Sales in Volume by Region (2024-2029)
3.3.2 Global Shea Butter Sales in Value by Region (2024-2029)
3.3.3 Global Shea Butter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Shea Butter by Application
4.1 Shea Butter Market Segment by Application
4.1.1 Cosmetics Industry
4.1.2 Medicine Industry
4.1.3 Food Industry
4.2 Global Shea Butter Market Size by Application
4.2.1 Global Shea Butter Market Size Overview by Application (2018-2029)
4.2.2 Global Shea Butter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Shea Butter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Shea Butter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Shea Butter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Shea Butter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Shea Butter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Shea Butter Sales Breakdown by Application (2018-2023)
5 North America Shea Butter by Country
5.1 North America Shea Butter Historic Market Size by Country
5.1.1 North America Shea Butter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Shea Butter Sales in Volume by Country (2018-2023)
5.1.3 North America Shea Butter Sales in Value by Country (2018-2023)
5.2 North America Shea Butter Forecasted Market Size by Country
5.2.1 North America Shea Butter Sales in Volume by Country (2024-2029)
5.2.2 North America Shea Butter Sales in Value by Country (2024-2029)
6 Europe Shea Butter by Country
6.1 Europe Shea Butter Historic Market Size by Country
6.1.1 Europe Shea Butter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Shea Butter Sales in Volume by Country (2018-2023)
6.1.3 Europe Shea Butter Sales in Value by Country (2018-2023)
6.2 Europe Shea Butter Forecasted Market Size by Country
6.2.1 Europe Shea Butter Sales in Volume by Country (2024-2029)
6.2.2 Europe Shea Butter Sales in Value by Country (2024-2029)
7 Asia-Pacific Shea Butter by Region
7.1 Asia-Pacific Shea Butter Historic Market Size by Region
7.1.1 Asia-Pacific Shea Butter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Shea Butter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Shea Butter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Shea Butter Forecasted Market Size by Region
7.2.1 Asia-Pacific Shea Butter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Shea Butter Sales in Value by Region (2024-2029)
8 Latin America Shea Butter by Country
8.1 Latin America Shea Butter Historic Market Size by Country
8.1.1 Latin America Shea Butter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Shea Butter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Shea Butter Sales in Value by Country (2018-2023)
8.2 Latin America Shea Butter Forecasted Market Size by Country
8.2.1 Latin America Shea Butter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Shea Butter Sales in Value by Country (2024-2029)
9 Middle East and Africa Shea Butter by Country
9.1 Middle East and Africa Shea Butter Historic Market Size by Country
9.1.1 Middle East and Africa Shea Butter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Shea Butter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Shea Butter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Shea Butter Forecasted Market Size by Country
9.2.1 Middle East and Africa Shea Butter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Shea Butter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 IOI Loders Croklaan
10.1.1 IOI Loders Croklaan Company Information
10.1.2 IOI Loders Croklaan Introduction and Business Overview
10.1.3 IOI Loders Croklaan Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 IOI Loders Croklaan Shea Butter Products Offered
10.1.5 IOI Loders Croklaan Recent Development
10.2 Wilmar Africa/ Ghana Specialty Fats
10.2.1 Wilmar Africa/ Ghana Specialty Fats Company Information
10.2.2 Wilmar Africa/ Ghana Specialty Fats Introduction and Business Overview
10.2.3 Wilmar Africa/ Ghana Specialty Fats Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Wilmar Africa/ Ghana Specialty Fats Shea Butter Products Offered
10.2.5 Wilmar Africa/ Ghana Specialty Fats Recent Development
10.3 Ghana Nuts
10.3.1 Ghana Nuts Company Information
10.3.2 Ghana Nuts Introduction and Business Overview
10.3.3 Ghana Nuts Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ghana Nuts Shea Butter Products Offered
10.3.5 Ghana Nuts Recent Development
10.4 Shebu Industries
10.4.1 Shebu Industries Company Information
10.4.2 Shebu Industries Introduction and Business Overview
10.4.3 Shebu Industries Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shebu Industries Shea Butter Products Offered
10.4.5 Shebu Industries Recent Development
10.5 Timiniya Tuma
10.5.1 Timiniya Tuma Company Information
10.5.2 Timiniya Tuma Introduction and Business Overview
10.5.3 Timiniya Tuma Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Timiniya Tuma Shea Butter Products Offered
10.5.5 Timiniya Tuma Recent Development
10.6 The Pure
10.6.1 The Pure Company Information
10.6.2 The Pure Introduction and Business Overview
10.6.3 The Pure Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 The Pure Shea Butter Products Offered
10.6.5 The Pure Recent Development
10.7 The Savannah Fruits
10.7.1 The Savannah Fruits Company Information
10.7.2 The Savannah Fruits Introduction and Business Overview
10.7.3 The Savannah Fruits Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 The Savannah Fruits Shea Butter Products Offered
10.7.5 The Savannah Fruits Recent Development
10.8 VINK CHEMICALS GMBH & CO. KG
10.8.1 VINK CHEMICALS GMBH & CO. KG Company Information
10.8.2 VINK CHEMICALS GMBH & CO. KG Introduction and Business Overview
10.8.3 VINK CHEMICALS GMBH & CO. KG Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 VINK CHEMICALS GMBH & CO. KG Shea Butter Products Offered
10.8.5 VINK CHEMICALS GMBH & CO. KG Recent Development
10.9 Akoma Cooperative
10.9.1 Akoma Cooperative Company Information
10.9.2 Akoma Cooperative Introduction and Business Overview
10.9.3 Akoma Cooperative Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Akoma Cooperative Shea Butter Products Offered
10.9.5 Akoma Cooperative Recent Development
10.10 StarShea
10.10.1 StarShea Company Information
10.10.2 StarShea Introduction and Business Overview
10.10.3 StarShea Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 StarShea Shea Butter Products Offered
10.10.5 StarShea Recent Development
10.11 International Oils & Fats
10.11.1 International Oils & Fats Company Information
10.11.2 International Oils & Fats Introduction and Business Overview
10.11.3 International Oils & Fats Shea Butter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 International Oils & Fats Shea Butter Products Offered
10.11.5 International Oils & Fats Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Shea Butter Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Shea Butter Industrial Chain Analysis
11.4 Shea Butter Market Dynamics
11.4.1 Shea Butter Industry Trends
11.4.2 Shea Butter Market Drivers
11.4.3 Shea Butter Market Challenges
11.4.4 Shea Butter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Shea Butter Distributors
12.3 Shea Butter Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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