Shea Butter Market Size, Share & Trends Analysis Report By Application (Personal Care & Cosmetics, Food & Beverage), By Region (APAC, Europe, North America, Central & South America, MEA), And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Personal Care | Report Format: Electronic (PDF)

The global shea butter market size is expected to reach USD 1.76 billion by 2025 expanding at a CAGR of 6.6%. Increasing demand for coco butter alternative and growing consumption of chocolate and bakery products are expected to drive the market. In addition, widespread usage of shea butter as a substitute for edible vegetable oils and fat in various food applications is likely to spur the demand.

Bakery and confectionery manufacturers widely use it as an alternative for cocoa butter due to high prices of cocoa as a result of limited supply. The product also contains essential fatty acids, such as stearic and oleic acids, and unsaponifiables, such as sterols and phenols, which have moisturizing and conditioning properties. It has a better absorption rate than coco butter and is suitable for all skin types, which increase its demand in personal care & cosmetics industry as well.

In addition, extensive R&D by cosmetics manufacturers to introduce innovative and more effective shea butter-based products will drive the product demand in this sector. Thus, high product demand in personal care & cosmetics industry will also boost the market growth.

Further key findings from the report suggest:

• The personal care & cosmetics application is expected to be the largest segment over the forecast period

• However, food and beverage is projected to be the fastest-growing application segment at a CAGR of 6.5% from 2019 to 2025

• Middle East and Africa is the largest regional market. On the other hand, Europe is estimated to register the fastest CAGR from 2019 to 2025

• U.S., Germany, China, and South Africa are the major countries with lucrative markets for shea butter

• Some of the key companies in the shea butter market are BASF SE; Olvea Group; Sophim S.A.; Cargill, Inc.; Suru Chemicals; Ghana Nuts Company Ltd.; Croda International Plc; Agrobotanicals, LLC; Clariant AG; and AAK AB

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Shea Butter Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Shea Butters Market
                  3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Shea Butter Market: Application Estimates & Trend Analysis
                  5.1. Application Movement Analysis & Market Share, 2015 & 2025
                  5.2. Personal Care & Cosmetics
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Food & Beverage
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.4. Others
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Shea Butter Market: Regional Estimates & Trend Analysis
                  6.1. Regional Movement Analysis & Market Share, 2015 & 2025
                  6.2. North America
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.2.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      6.2.3. U.S.
                          6.2.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.2.3.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                  6.3. Europe
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.3.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million))
                      6.3.3. U.K.
                          6.3.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.3.3.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      6.3.4. Germany
                          6.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.3.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                  6.4. Asia Pacific
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      6.4.3. India
                          6.4.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.4.3.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      6.4.4. China
                          6.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.4.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                  6.5. Central & South America
                      6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.5.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                  6.6. Middle East & Africa (MEA)
                      6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.6.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      6.6.3. South Africa
                          6.6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.6.3.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      6.6.4. Nigeria
                          6.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.6.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
Chapter 7. Competitive Analysis
                  7.1. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  7.2. Vendor Landscape
                      7.2.1. Key company market share analysis, 2018 
Chapter 8. Company Profiles
                  8.1. BASF SE
                      8.1.1. Company Overview
                      8.1.2. Financial Performance
                      8.1.3. Product Benchmarking
                      8.1.4. Strategic Initiatives
                  8.2. Olvea Group
                      8.2.1. Company Overview
                      8.2.2. Financial Performance
                      8.2.3. Product Benchmarking
                      8.2.4. Strategic Initiatives
                  8.3. Sophim S.A
                      8.3.1. Company Overview
                      8.3.2. Financial Performance
                      8.3.3. Product Benchmarking
                      8.3.4. Strategic Initiatives
                  8.4. Cargill, Incorporated
                      8.4.1. Company Overview
                      8.4.2. Financial Performance
                      8.4.3. Product Benchmarking
                      8.4.4. Strategic Initiatives
                  8.5. Suru Chemicals
                      8.5.1. Company Overview
                      8.5.2. Financial Performance
                      8.5.3. Product Benchmarking
                      8.5.4. Strategic Initiatives
                  8.6. Ghana Nuts Company Limited
                      8.6.1. Company Overview
                      8.6.2. Financial Performance
                      8.6.3. Product Benchmarking
                      8.6.4. Strategic Initiatives
                  8.7. Croda International Plc
                      8.7.1. Company Overview
                      8.7.2. Financial Performance
                      8.7.3. Product Benchmarking
                      8.7.4. Strategic Initiatives
                  8.8. Agrobotanicals, LLC
                      8.8.1. Company Overview
                      8.8.2. Financial Performance
                      8.8.3. Product Benchmarking
                      8.8.4. Strategic Initiatives
                  8.9. Clariant AG
                      8.9.1. Company Overview
                      8.9.2. Financial Performance
                      8.9.3. Product Benchmarking
                      8.9.4. Strategic Initiatives
                  8.10. AAK AB
                      8.10.1. Company Overview
                      8.10.2. Financial Performance
                      8.10.3. Product Benchmarking
                      8.10.4. Strategic Initiatives

List of Tables

TABLE 1 Shea Butter - Market driver analysis
TABLE 2 Shea Butter market restraint analysis
TABLE 3 Shea Butter estimates and forecasts in Applications, 2015 - 2025 (USD Million)
TABLE 5 Shea Butter estimates and forecasts in region, 2015 - 2025 (USD Million)
TABLE 6 North America Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 7 North America Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 8 U.S. Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 9 U.S. Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 10 Europe Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 11 Europe Shea Butter revenue, by Applications, 2015 - 2025 (USD Million)
TABLE 12 U.K. Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 13 U.K.Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 14 Germany Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 15 Germany Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 16 Asia Pacific Shea Butter estimates and forecasts, 2015- 2025 (USD Million)
TABLE 17 Asia Pacific Shea Butter revenue, by Application, 2015- 2025 (USD Million)
TABLE 18 India Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 19 India Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 20 China Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 21 China Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 22 Central & South America Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 23 Central & South America Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 24 Middle East & Africa Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 25 Middle East & Africa Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 26 South Africa Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 27 South Africa Shea Butter revenue, by Application, 2015 - 2025 (USD Million)
TABLE 28 Nigeria Shea Butter estimates and forecasts, 2015 - 2025 (USD Million)
TABLE 29 Nigeria Shea Butter revenue, by Application, 2015 - 2025 (USD Million)

List of Figures

FIG. 1 Shea Butter Market segmentation & scope
FIG. 2 Shea Butter market key opportunities prioritized
FIG. 3 Value chain analysis Shea Butter
FIG. 4 Shea Butter market dynamics
FIG. 5 Shea Butter market Porter's analysis
FIG. 6 Shea Butter: Application movement analysis
FIG. 7 Regional market place: Key takeaways
FIG. 8 Shea Butter: Regional movement analysis
FIG. 9 Strategy framework