Market Overview:
The global Mafura butter market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural and organic products, rising awareness about the benefits of Mafura butter, and growing applications of Mafura butter in personal care products, pharmaceuticals, animal care products, edible oils, and home care products. However, factors such as high price point and limited availability may restrain the growth of this market during the forecast period.
Product Definition:
Mafura butter is a type of butter that is made from the seeds of the mafura tree. It is often used in cooking and baking, and it has a rich flavor that is similar to peanut butter. Mafura butter is also high in fat and calories, so it should be used sparingly.
Organic Mafura Butter:
Organic Mafura Butter, also known as African Butter and Vegetable Oil Fat is a semi-solid yellow vegetable oil that is extracted from the kernels of the palm tree. It has been used traditionally in Africa for cooking and to make soap. The organic mafura butter market size was valued at USD 8 million in 2016 which increased by 10% from 2015.
Conventional Mafura Butter:
Conventional mafura butter is obtained from the kernels of Mafura plant and it has a high content of unsaturated fatty acids, which are considered as an important source of energy for the body. The product also contains vitamin A & D and antioxidants that help in reducing the risk associated with Cardiovascular Diseases (CVDs) along with improving cholesterol levels.
Application Insights:
The personal care products segment held the largest market share of more than 40% in 2017. The growth is attributed to increasing demand for skin-friendly cosmetics that do not cause any allergic reactions. Mafura butter is used as an ingredient in various anti-aging creams, moisturizers and sun protection lotions owing to its ability to smooth the skin and reduce inflammation. Moreover, it helps improve elasticity and tone down roughness of the skin making it look younger. Increasing awareness among consumers regarding their health is driving them towards natural skincare ingredients which are free from harmful chemicals like parabens, phthalates etcetera. This trend will positively influence product demand over the forecast period thus contributing towards industry growth during this timeframe.
Mafura also finds application in pharmaceuticals due to its antibacterial property that helps treat various diseases including diabetes by improving insulin sensitivity & decreasing blood sugar levels along with other benefits such as reducing cholesterol levels & hypertension (high blood pressure).
Regional Analysis:
North America was the largest market for the global mafura butter market, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to increasing demand from end-use industries such as personal care, pharmaceuticals, and animal care products. In addition, growing awareness regarding nutritional properties of natural ingredients has been driving product demand in this region.
Asia Pacific is anticipated to be one of the fastest-growing regional markets with a CAGR exceeding 5% during the forecast period owing to rapid industrialization and improving economic conditions in emerging countries such as China and India that are major consumers of organic MAFURA BUTTER (butter produced by cows milk). Moreover, increasing population coupled with rising disposable income levels will also drive product consumption over next eight years.
Growth Factors:
- Increasing demand for natural and organic products: The global market for natural and organic products is growing at a rapid pace. This is because consumers are becoming more aware of the health benefits of these products and are looking for alternatives to conventional, processed foods. Mafura butter is a naturally occurring product with many health benefits, making it an attractive option for consumers looking for healthier alternatives.
- Rising awareness of the health benefits of Mafura butter: As mentioned above, one of the key growth drivers for the Mafura Butter market is rising awareness of its health benefits among consumers. This has led to an increase in demand from both domestic and international markets.
- Growing popularity of African cuisine: African cuisine is becoming increasingly popular around the world thanks to its unique flavors and ingredients. Mafura butter is a key ingredient in many traditional African dishes, making it a popular choice among food lovers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mafura Butter Market Research Report
By Type
Organic Mafura Butter, Conventional Mafura Butter
By Application
Personal care products, Pharmaceuticals, Animal care products, Edible oils, Home care products
By Companies
Sundial Brands, Phytoafrica GmbH, Akoma International (UK) Ltd, Kaza Natural Oils, Caribbean Natural Products, Wema Bodycare, RaeMarie Essentials, Phytodess, Gajimare Luxury, Shea Terra Organics, Gluki Organics
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Mafura Butter Market Report Segments:
The global Mafura Butter market is segmented on the basis of:
Types
Organic Mafura Butter, Conventional Mafura Butter
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
Personal care products, Pharmaceuticals, Animal care products, Edible oils, Home care products
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:
- Sundial Brands
- Phytoafrica GmbH
- Akoma International (UK) Ltd
- Kaza Natural Oils
- Caribbean Natural Products
- Wema Bodycare
- RaeMarie Essentials
- Phytodess
- Gajimare Luxury
- Shea Terra Organics
- Gluki Organics
Highlights of The Mafura 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:
- Organic Mafura Butter
- Conventional Mafura Butter
- By Application:
- Personal care products
- Pharmaceuticals
- Animal care products
- Edible oils
- Home care products
- 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 Mafura 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Mafura Butter is a natural butter made from the milk of the Mafura Bush, a shrub found in Africa. The bush produces an oil that is rich in unsaturated fatty acids and proteins. These nutrients are essential for the growth of healthy skin cells and promote elasticity.
Some of the major players in the mafura butter market are Sundial Brands, Phytoafrica GmbH, Akoma International (UK) Ltd, Kaza Natural Oils, Caribbean Natural Products, Wema Bodycare, RaeMarie Essentials, Phytodess, Gajimare Luxury, Shea Terra Organics, Gluki Organics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mafura 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 Mafura Butter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mafura 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 Mafura 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 Mafura Butter Market Size & Forecast, 2020-2028
4.5.1 Mafura Butter Market Size and Y-o-Y Growth
4.5.2 Mafura 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 Organic Mafura Butter
5.2.2 Conventional Mafura Butter
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 Personal care products
6.2.2 Pharmaceuticals
6.2.3 Animal care products
6.2.4 Edible oils
6.2.5 Home care products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mafura 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 Mafura 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 Organic Mafura Butter
9.6.2 Conventional Mafura Butter
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 Personal care products
9.10.2 Pharmaceuticals
9.10.3 Animal care products
9.10.4 Edible oils
9.10.5 Home care products
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 Organic Mafura Butter
10.6.2 Conventional Mafura Butter
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 Personal care products
10.10.2 Pharmaceuticals
10.10.3 Animal care products
10.10.4 Edible oils
10.10.5 Home care products
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 Organic Mafura Butter
11.6.2 Conventional Mafura Butter
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 Personal care products
11.10.2 Pharmaceuticals
11.10.3 Animal care products
11.10.4 Edible oils
11.10.5 Home care products
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 Organic Mafura Butter
12.6.2 Conventional Mafura Butter
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 Personal care products
12.10.2 Pharmaceuticals
12.10.3 Animal care products
12.10.4 Edible oils
12.10.5 Home care products
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 Organic Mafura Butter
13.6.2 Conventional Mafura Butter
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 Personal care products
13.10.2 Pharmaceuticals
13.10.3 Animal care products
13.10.4 Edible oils
13.10.5 Home care products
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 Mafura Butter Market: Competitive Dashboard
14.2 Global Mafura Butter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sundial Brands
14.3.2 Phytoafrica GmbH
14.3.3 Akoma International (UK) Ltd
14.3.4 Kaza Natural Oils
14.3.5 Caribbean Natural Products
14.3.6 Wema Bodycare
14.3.7 RaeMarie Essentials
14.3.8 Phytodess
14.3.9 Gajimare Luxury
14.3.10 Shea Terra Organics
14.3.11 Gluki Organics
