Murumuru Butter Market By Nature (Conventional, Organic), By End User (Hair Care, Skin Care, Lip Care), By Distribution Channel (B2B, B2C): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global murumuru butter market size was valued at $802 million in 2021, and is projected to reach $1.8 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031.Murumuru butter is one of the best organic ingredients currently used in the cosmetics industry. It was found in the Amazon rainforests of Brazil and is made from Murmur palms. This versatile butter has a creamy, yellowish texture and a distinctive aroma that is overwhelming for some. Studies have shown that this butter is rich in oleic acid, fatty acids, vitamin A, and anti-inflammatory and antibacterial effects. Murumuru butter is the best natural skin care product owing to the presence of vitamins A and C in breast milk, omega 3, 6, 9, and 47% lauric acid. This butter also contains seven other essential acids that help rebuild bodybuilding and skin. Some of these acids include myristic acid, oleic acid, linoleic acid, and palmitic acid. The combination of these acids and other ingredients makes murumuru butter a natural moisturizer for sensitive skin.
The murumuru butter market is segmented on the basis of nature, end user, distribution channel, and region. On the basis of, the market is divided into conventional and organic. On the basis of end user, it is classified into haircare, skincare, and lip care. On the basis of distribution channel, the market is divided into B2B and B2C.
On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Italy, Spain, Russia, Turkey and the Rest of Europe), Asia-Pacific (China, Japan, India, Thailand, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, United Arab Emirates, and Rest of LAMEA).
The impact of the COVID-19 outbreak was quite negative on the growth of the global murumuru butter market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. The recovery of the murumuru butter market is expected in near future.
In North America and Europe, the murumuru butter market has witnessed a higher penetration rate. However, this product has low availability in some major areas of Asia-Pacific, which can be attributed to poor macroeconomic variables such as low internet penetration and inadequate marketing techniques by market players. As a result, the expansion of the murumuru butter market is constrained by a lack of such products.
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2020 to 2031 to assist to identify the prevailing market opportunities.
Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise murumuru butter market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
An in-depth analysis of each segment of the murumuru butter market is provided to assist the prevailing market opportunities.
KEY MARKET SEGMENTS
By Nature
Conventional
Organic
By End-User
Haircare
Skincare
Lip Care
By Distribution Channel
B2B
B2C
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Italy
Spain
Russia
Turkey
Rest of Europe
Asia-Pacific
China
Japan
India
Thailand
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
United Arab Emirates
Rest of LAMEA
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the murumuru butter market analysis from 2021 to 2031 to identify the prevailing murumuru butter market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the murumuru butter market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global murumuru butter market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Nature
Conventional
Organic
By End User
Hair Care
Skin Care
Lip Care
By Distribution Channel
B2B
B2C
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Italy
Spain
Russia
Turkey
Rest of Europe
Asia-Pacific
China
Japan
India
Thailand
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
UAE
Rest of LAMEA
Key Market Players
Citróleo Groups
Natural Products
Jarchem Industries
Beraca Ingredientes Naturais SA
Lush Retail
Natural Sourcing
Crafters Choice Brands
Vigon International
O&3
Hallstar
Henry Lamotte Oils GmbH
Gracefruit
Parchem fine & speciality chemical
Mystic Moments
Jadeward International
Paris Fragnance USA
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