Shea Butter Market 2025-2029
The shea butter market is forecasted to grow by USD 1065.2 mn during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the shea butter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of lactose intolerance, rising demand for natural and organic products, and empowering african women through capacity building.
Technavio's shea butter market is segmented as below:
By Product
By Application
- Personal care
- Food
- Pharmaceuticals
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies the introduction of shea butter-based products as one of the prime reasons driving the shea butter market growth during the next few years. Also, technological innovations in processing and extraction and growing demand for fair trade certified shea butter will lead to sizable demand in the market.
The report on the shea butter market covers the following areas:
- Shea Butter Market sizing
- Shea Butter Market forecast
- Shea Butter Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shea butter market vendors that include AAK AB, Baraka Impact, BASF SE, Bunge Ltd., Cargill Inc., Clariant International Ltd., Cornelius, Croda International Plc, Enkay Indo Nigerian Ind. Ltd., Ghana Nuts Co. Ltd., Manorama Industries Ltd., Mary Tylor Naturals LLC, Medikonda Nutrients, OLVEA, Pameri Organic US, Sekaf Ghana Ltd., Shearadiance, SOPHIM IBERIA S.L., Suru Chemicals and Pharmaceuticals Pvt. Ltd., The Savannah Fruits Co., Unilever PLC, and VedaOils. Also, the shea butter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.