Market Overview:
The global cosmetic shea butter market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for natural and organic cosmetics products, rising awareness about the benefits of using shea butter in cosmetics, and growing number of online retail platforms. Based on type, the global cosmetic shea butter market can be segmented into grade A (unrefined), grade B (refined), and grade C (highly refined). Grade A (unrefined) is the most popular type of shea butter due to its high quality and natural properties. It is used in lotions & creams, lip balms & lipsticks, sun care products, soaps & toiletries, and others applications. Grade B (refined) is also a popular type of shea butter as it has a longer shelf life than grade A (unrefined) and does not have any odor or color. It is used mainly in lotions & creams application. However, due to its chemical processing methods such as bleaching or deodorizing, some people consider it less pure than other types of shea butters.
Product Definition:
Cosmetic Shea Butter is a natural fat extracted from the seed of the African shea tree. It is used to improve the appearance and feel of skin.
Grade A (Unrefined):
Grade A (Unrefined) is the raw material obtained from the process of refining or bleaching. It has a high demand in various end-use industries such as personal care, pharmaceuticals, and cosmetics among others. The growth factor for this grade is very high compared to other grades due to its application scope in several cosmetic products such as creams, lotions and body oils among others which have higher penetration globally than any other product.
Grade B (Refined):
Grade B (Refined) is a type of shea butter that has been purified to remove impurities. It contains less water, color, and fat than Grade A (Unrefined). The product is used in various personal care products such as body lotions, moisturizers creams & ointments and hair conditioners among others.
Application Insights:
The others application segment accounted for the largest share of the global cosmetic shea butter market in 2017. This is attributed to growing demand from various industries including food and beverages, personal care, and pharmaceuticals. The product is used as a carrier in making various products such as face creams, lip balms, lotions & creams for babies and children, sun care products (body oils), shaving foams/gels/cups and soaps.
Cosmetic grade shea butter can be used directly in manufacturing these other applications owing to its high purity level which comprises less than 70% moisture content along with other impurities that are acceptable within industrial standards set by authorities concerned about quality control of ingredients.
Regional Analysis:
North America dominated the global cosmetic shea butter market in 2017. The presence of a large number of manufacturers and suppliers coupled with high demand for personal care products is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing product consumption in countries, such as India, China, Japan, South Korea and Indonesia. Furthermore, growing awareness regarding natural ingredients used for making cosmetics will propel industry expansion over next eight years.
Europe also holds a prominent position in terms of demand as many leading cosmetic manufacturers are based there. Companies like L’Or©al SA; AVON Product Inc.; Colgate-Palmolive Co.; Unilever Group; Beiersdorf AG; Henkel AG & Co., KGaA; Procter & Gamble Company LLC are based in this region which makes it one of the major players across globe.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of cosmetic shea butter among consumers
- Growing popularity of shea butter-based skin care products
- Proliferation of online retail platforms that offer a wide range of shea butter-based cosmetics products at competitive prices
- Continuous innovation in the formulation and packaging of cosmetic shea butters to meet the needs and preferences of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Cosmetic Shea Butter Market Research Report
By Type
Grade A (Unrefined), Grade B (Refined), Grade C (Highly Refined)
By Application
Lotions & Creams, Lip Balms & Lipsticks, Sun Care Products, Soaps & Toiletries, Others
By Companies
Bunge Loders Croklaan, Cargill, Clariant, AAK AB, OLVEA Group, BASF, Croda International, Ghana Nuts, Sophim SA, AOS Products, Bunge Loders Croklaan, Ojoba Collective, Hallstar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Cosmetic Shea Butter Market Report Segments:
The global Cosmetic Shea Butter market is segmented on the basis of:
Types
Grade A (Unrefined), Grade B (Refined), Grade C (Highly Refined)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lotions & Creams, Lip Balms & Lipsticks, Sun Care Products, Soaps & Toiletries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bunge Loders Croklaan
- Cargill
- Clariant
- AAK AB
- OLVEA Group
- BASF
- Croda International
- Ghana Nuts
- Sophim SA
- AOS Products
- Bunge Loders Croklaan
- Ojoba Collective
- Hallstar
Highlights of The Cosmetic Shea Butter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Grade A (Unrefined)
- Grade B (Refined)
- Grade C (Highly Refined)
- By Application:
- Lotions & Creams
- Lip Balms & Lipsticks
- Sun Care Products
- Soaps & Toiletries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cosmetic Shea Butter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shea butter is a natural oil that comes from the fruit of the Shea tree. It is used as a moisturizer and skin care product because it has high levels of fatty acids, vitamins A and E, minerals, and antioxidants.
Some of the major companies in the cosmetic shea butter market are Bunge Loders Croklaan, Cargill, Clariant, AAK AB, OLVEA Group, BASF, Croda International, Ghana Nuts, Sophim SA, AOS Products, Bunge Loders Croklaan, Ojoba Collective, Hallstar.
The cosmetic shea butter market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cosmetic Shea Butter Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cosmetic Shea Butter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cosmetic Shea Butter Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cosmetic Shea Butter Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cosmetic Shea Butter Market Size & Forecast, 2020-2028 4.5.1 Cosmetic Shea Butter Market Size and Y-o-Y Growth 4.5.2 Cosmetic Shea Butter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Grade A (Unrefined)
5.2.2 Grade B (Refined)
5.2.3 Grade C (Highly Refined)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Lotions & Creams
6.2.2 Lip Balms & Lipsticks
6.2.3 Sun Care Products
6.2.4 Soaps & Toiletries
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cosmetic Shea Butter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cosmetic Shea Butter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Grade A (Unrefined)
9.6.2 Grade B (Refined)
9.6.3 Grade C (Highly Refined)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Lotions & Creams
9.10.2 Lip Balms & Lipsticks
9.10.3 Sun Care Products
9.10.4 Soaps & Toiletries
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Grade A (Unrefined)
10.6.2 Grade B (Refined)
10.6.3 Grade C (Highly Refined)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Lotions & Creams
10.10.2 Lip Balms & Lipsticks
10.10.3 Sun Care Products
10.10.4 Soaps & Toiletries
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Grade A (Unrefined)
11.6.2 Grade B (Refined)
11.6.3 Grade C (Highly Refined)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Lotions & Creams
11.10.2 Lip Balms & Lipsticks
11.10.3 Sun Care Products
11.10.4 Soaps & Toiletries
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Grade A (Unrefined)
12.6.2 Grade B (Refined)
12.6.3 Grade C (Highly Refined)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Lotions & Creams
12.10.2 Lip Balms & Lipsticks
12.10.3 Sun Care Products
12.10.4 Soaps & Toiletries
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Grade A (Unrefined)
13.6.2 Grade B (Refined)
13.6.3 Grade C (Highly Refined)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Lotions & Creams
13.10.2 Lip Balms & Lipsticks
13.10.3 Sun Care Products
13.10.4 Soaps & Toiletries
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cosmetic Shea Butter Market: Competitive Dashboard
14.2 Global Cosmetic Shea Butter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bunge Loders Croklaan
14.3.2 Cargill
14.3.3 Clariant
14.3.4 AAK AB
14.3.5 OLVEA Group
14.3.6 BASF
14.3.7 Croda International
14.3.8 Ghana Nuts
14.3.9 Sophim SA
14.3.10 AOS Products
14.3.11 Bunge Loders Croklaan
14.3.12 Ojoba Collective
14.3.13 Hallstar