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Global Shea Butter Market By Type (Raw and Unrefined Shea Butter, Refined Shea Butter), Applications (Food & Beverage, Personal Care & Cosmetics, Pharmaceutical), Regional Outlook, Competitive Landscape, Market Share Analysis and Forecast, 2023 to 2030

Type: PDF

Status: Syndicate

Categories: Food & Beverage

Report Code : FB23

No. of Pages : 150

The  global shea butter market size was valued at USD 1.12 billion in 2023. Shea Butter is a skin superfood that comes from the seeds of the fruit of the Shea (Karite) tree. It may offer mild UV protection and provides the skin with essential fatty acids and the nutrients necessary for collagen production. Increasing demand for coco butter alternative and growing consumption of chocolate and bakery products are expected to drive the market. Easy availability of cheaper substitute products including shea oil, mango butter, and avocado butter is likely to restrain the industry growth.

The global Shea Butter  market is segmented on the basis of Type, and Applications. The global Shea Butter  market Based on Type the global Shea Butter  market is segregated as Raw and Unrefined Shea Butter,  and Refined Shea Butter. Based on Applications the global Shea Butter  market is segmented as Food & Beverage, Personal Care & Cosmetics , and Pharmaceutical.

The regional outlook on the global Shea Butter Market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Shea Butter  market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Landscape

The global Shea Butter  market is highly competitive in nature with major players including BASF SE, Olvea Group; Sophim S.A., Cargill, Inc., Suru Chemicals , Ghana Nuts Company Ltd. , Croda International Plc,  Agrobotanicals, LLC , Clariant AG, AAK AB., and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Shea Butter  market. Market players are also involved in value chain integration gain competitive advantage.

Report Scope:

The Shea Butter  market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2023-2030. The market segmentations include,

Shea Butter Market By Type Revenue Estimates & Forecasts, By Type 2023 to 2030

  • Raw and Unrefined Shea Butter,
  • Refined Shea Butter

Shea Butter Market, By Applications Revenue Estimates & Forecasts, 2023 to 2030

  • Food & Beverage
  • Personal Care & Cosmetics
  • Pharmaceutical

Shea Butter Market, By Region Estimates & Forecasts, By Type 2023 to 2030

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include BASF SE, Olvea Group; Sophim S.A., Cargill, Inc., Suru Chemicals , Ghana Nuts Company Ltd. , Croda International Plc,  Agrobotanicals, LLC , Clariant AG, AAK AB., and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.

Report Highlights

  • Global Shea Butter market sizes from 2023-2030
  • Market growth projections through 2024 and the resultant market forecast for 2024
  • Impact of the market dynamics including market drivers, restraints and opportunities in the market size
  • Key industry trends, product trends, and application trends
  • Major driving/ leading segmentations, regions and countries in the global Shea Butter market
  • Competitive analysis with comprehensive company profiles of the leading industry players
  • In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition

Report Customizations

The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.

. Introduction

1.1 Key Insights

1.2 Report Overview

1.3 Markets Covered

1.4 Stakeholders

  1. Research Methodology

2.1 Research Scope

2.2 Market Research Process

2.3 Research Data Analysis

2.4.1 Secondary Research

2.4.2 Primary Research

2.4.3 Models for Estimation

2.5 Market Size Estimation

2.5.1 Bottom-Up Approach - Segmental Market Analysis

2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

4.1 Introduction

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.2.4 Challenges

4.2 Porter's Five Force Analysis

  1. Shea Butter Market, By Type

5.1 Introduction

5.2 Raw and Unrefined Shea Butter,

5.2.1 Market Overview

5.2.2 Market Size and Forecast

5.3 Refined Shea Butter

5.3.1 Market Overview

5.3.2 Market Size and Forecast

  1. Shea Butter Market, By Applications

6.1 Introduction

6.2 Food & Beverage

6.2.1 Market Overview

6.2.2 Market Size and Forecast

6.3 Personal Care & Cosmetics

6.3.1 Market Overview

6.3.2 Market Size and Forecast

6.4 Pharmaceutical

6.4.1 Market Overview

6.4.2 Market Size and Forecast

  1. Shea Butter Market, By Geography

7.1 Introduction

7.2 North America

7.2.1 North America Shea Butter , By Type

7.2.2 North America Shea Butter , By Applications

7.3 Europe

7.3.1 Europe Shea Butter , By Type

7.3.2 Europe Shea Butter , By Applications

7.4 Asia-Pacific

7.4.1 Asia-Pacific Shea Butter , By Type

7.4.2 Asia-Pacific Shea Butter , By Applications

7.5 Rest of the World

7.5.1 Rest of the World Shea Butter , By Type

7.5.2 Rest of the World Shea Butter , By Applications

  1. Competitive Insights

8.1 Key Insights

8.2 Company Market Share Analysis

8.3 Strategic Outlook

8.3.1 Mergers & Acquisitions

8.3.2 New Product Development

8.3.3 Portfolio/Production Capacity Expansions

8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5 Others

  1. Company Profiles


9.1.1 Company Overview

9.1.2 Product/Service Landscape

9.1.3 Financial Overview

9.1.4 Recent Developments

9.2 Olvea Group; Sophim S.A.

9.2.1 Company Overview

9.2.2 Product/Service Landscape

9.2.3 Financial Overview

9.2.4 Recent Developments

9.3 Cargill, Inc.

9.3.1 Company Overview

9.3.2 Product/Service Landscape

9.3.3 Financial Overview

9.3.4 Recent Developments

9.4 Suru Chemicals

9.4.1 Company Overview

9.4.2 Product/Service Landscape

9.4.3 Financial Overview

9.4.4 Recent Developments

9.5 Ghana Nuts Company Ltd.

9.5.1 Company Overview

9.5.2 Product/Service Landscape

9.5.3 Financial Overview

9.5.4 Recent Developments

9.6 Croda International Plc

9.6.1 Company Overview

9.6.2 Product/Service Landscape

9.6.3 Financial Overview

9.6.4 Recent Developments

9.7  Agrobotanicals, LLC

9.7.1 Company Overview

9.7.2 Product/Service Landscape

9.7.3 Financial Overview

9.7.4 Recent Developments

9.8 Clariant AG

9.8.1 Company Overview

9.8.2 Product/Service Landscape

9.8.3 Financial Overview

9.8.4 Recent Developments

9.9 AAK AB.

9.9.1 Company Overview

9.9.2 Product/Service Landscape

9.9.3 Financial Overview

9.9.4 Recent Developments

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A detailed comprehensive approach has been used while estimating the market. The market research estimation is preceded by market sizing and forecasting. The research starts with the collection of data i.e. secondary research (free databases, paid databases, company websites, trade data, production data, and journals, )and primary (expert interviews). A lot of primary interviews have been conducted with key vendors and leading players in the market. Spanning the entire value chain of an industry, the information has been collected right from the raw material supplier to the end users.

The markets have been analyzed demand side and supply side in order to generate the market data and forecast. The reports are delivered by expert analysts and market researchers that help clients in understanding the complete intricacies and nuances of demand side and supply markets. Various secondary sources, databases, directories such as Factiva, Hoovers, Bloomberg Businessweek, and OneSource are being used to analyze the market. Through secondary research, crucial information such major types, application, end-users, key companies, production, consumption, export, import, major developments, merger, acquisitions, cost, pricing information, new product development, value chain, supply chain, revenues, market share analysis, growth rates, key regions, drivers, restraints, opportunities, future prospects.

Expert interviews are being conducted with the primary respondents i.e. key market players, C-level, D-level executives of the key companies, subject matter experts (SMEs) to acquire and validate crucial quantitative and qualitative information, and future market prospects.

Research Approach

The top down and bottom up approaches, market modeling according to the topic, are some of the approaches undertaken. Once the data is collected, the findings are verified by in-house leading domain experts.

Supply side market is estimated by considering various factors such as capacity, cost margin, profit margin, disruptive technologies, policies, competition and government regulation. Demand side market is analyzed  by considering various customer expectation, end use trends, price, regional demands and trends, macro-economic factors and micro economic factors.

Key Data from Secondary Sources

  • Coronavirus Disease 2019 (Covid-19) Impact Will Have A Severe Impact On Asia Growth
  • Covid-19 Impact: Asia GDP Growth, 2023, 2024 And 2025 Projections
  • Export, Import Data
  • Production Data
  • Revenues
  • World Economic Outlook Projections
  • Market Top Trends
  • Technological Innovations
  • Competition Analysis
  • Porter's Five Forces Analysis
  • Suppliers, 

Key Data From Primary Sources

  • Validation of Asia production, consumption numbers
  • Insights on market dynamics, i.e. the drivers, restraints, and opportunities of the Global Shea Butter Market
  • Validation of the market segmentation done by product type, by technology and by geography
  • Average retail prices of various product types and in the various countries
  • Estimates and forecasts, in terms of volumes and revenues
  • Key playing fields and winning-edge imperatives
  • Competitive landscapes; key players in the market; strategic directives, and operational strengths
  • Market size and forecast for key regions, countries in America, Asia-Pacific, Europe, and Rest of the World.
  • Trends, market insights, and dynamics of surfactant market
  • Supply chain references
  • Future market estimations and expected growth rates


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