Shea Butter Market In-depth Analysis 2019-2026
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Global shea butter market is projected to rise to USD 2.73 billion by 2026, undergoing growth with a substantial CAGR in the forecast period of 2019-2026. The growth of the market is because of its usage in skin and hair products such as lip gloss, moisturizers, and hair conditioner which are few of the dominant applications of shea butter. Shea butter melts at body temperature, which makes it an excellent base for ointments used in the treatment of itching and skin swelling such as eczema.
Topmost Outstanding Market Players are Empower Village LLC., J.A.M. Distributing Company, Bulk Apothecary, Pameri Organic Malaysia Sdn Bhd, Vermont Soap, Baraka Shea Butter, Maison Karite, Vink Chemicals GmbH & Co. KG, savannahfruits.com, Cargill, Incorporated, Clariant, Aos Product Pvt. Ltd., Timiniya Tumna Company, others
Crucial Market Segment details-:
- Distribution Channel (Specialty Stores, Online Stores, Supermarket, Convenience Stores, Hypermarket, Others),
- End User (Pharmaceuticals & Medical, Cosmetics & Personal Care, Food Processing, Retail, Others),
- Grade (Grade A, Grade B, Grade C, Grade D, Grade E),
- Nature (Organic, Conventional),
- Species (Vitellaria Nilotica, Vitellaria Paradoxa),
- Certification (Uncertified, Certified),
- Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
Shea butter is a type of vegetable fat extracted from the nut of an African tree. It is widely used as a beauty product in cosmetics industry for skin and hair related products, in lip gloss, skin lotions, hair conditioners etc. It acts as an incredible skin moisturiser. It has a high content of vitamins and fatty acids, which are deemed fit for smoothening, soothing and moisturising the skin. Shea butter is also used in food preparation as an alternative to animal butter and vegetable oil. It also extensively used as an alternative to cocoa butter, in making of chocolates and confectionaries.
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What are the Recent Development of the Market?
In March 2018, Bunge Limited has completed its acquisition of IOI Loders Croklaan. With this, Bunge is expected to become a global leader in business to business consumers in the food processing industry for bakery, chocolates, confectionary, nutrition and food service segments. This acquisition would merge Bunge’s existing edible oils portfolio with Loaders speciality products from tropical feedstock like shea butter, palm, coconut and several others.
In November 2017, Sundial was acquired by Unilver. Sundial Brands is one of the largest personal care products company, with brands which use shea butter as their main ingredient in the manufacturing of their products. With this acquisition, Unilever would continue to grow its business and would cater to the use of shea butter in their products. This acquisition would thus enhance the use of shea butter by global leading brands, and would further lead to the global growth of shea butter market.
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Strategic Points Covered in Table of Content of Shea Butter Market:
Chapter 1: Introduction, Definition, Specifications, Classification and Scope the Shea Butter market 2019
Chapter 2: Exclusive Summery like Industry chain structure, Manufacturer cost structure, suppliers, etc
Chapter 3: Displays Trends, Drivers and Challenges of the Shea Butter market
Chapter 4: By the study of SWOT analysis it displays sales analysis, investment analysis, market analysis, etc
Chapter 5: It evaluates the market by segments, by countries and by manufacturers with revenue, share and sales by key countries in these various regions.
Chapter 6: Evaluate the leading manufacturers of the Global Shea Butter market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: Shea Butter Research Findings and Conclusion, Appendix, system and information source
Read Complete Details with TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-shea-butter-market
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