Market Overview:
The global mango butter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural ingredients in cosmetics and food products. Additionally, the growing awareness about the benefits of using mango butter is also contributing to its growth. The global mango butter market can be segmented on the basis of type into refined and unrefined mango butter. The refined segment is expected to account for a larger share of the market than unrefined mango butter during the forecast period owing to its superior quality and properties such as moisturizing, anti-inflammatory, and antioxidant effects. On the basis of application,the global mango butter market can be divided into cosmetics, food, and pharmaceuticals segments. The cosmetics segment is anticipated to witness high growth duringthe forecast period dueto rising consumer demand for natural ingredients in skin care products.
Product Definition:
Mango butter is a natural, soft butter extracted from the fruit of the mango tree. It is used to make skin and hair products, as well as food products.
Refined Mango Butter:
Refined mango butter is a clear, yellow colored vegetable oil that has been purified and extracted from the mango fruit. It is a by-product of the pulp and paper industry. The product finds application in various sectors including food & beverages, personal care products, pharmaceuticals among others owing to its unique properties such as high nutritional value (vitamin A & E), anti-oxidant properties along with low level of saturated fat.
Unrefined Mango Butter:
Unrefined mango butter is a clear yellow colored vegetable oil that is produced from the fruit pulp of the mango plant. It has high antioxidant and vitamin C content, which makes it an effective skin moisturizer. The product also helps in reducing fine lines and wrinkles on the skin owing to its high vitamin A content.
Application Insights:
The cosmetics segment accounted for the largest market share of more than 40% in 2017. The product is gaining popularity as a skincare ingredient owing to its anti-inflammatory, antioxidant and skin nourishing properties. Furthermore, it is used as an ingredient in various body care products such as lip balms, lotions and creams due to its moisturizing capabilities. Refined mango butter finds application in several cosmetic formulations whereas unrefined mango butter is exclusively used in cosmetics without any other functional ingredients added into the product.
Food was the second largest application segment with a volume share of over 30% in 2017 on account of extensive usage as an ingredient for manufacturing bakery products including cakes pies biscuits cookies which are consumed all around the world especially during festivals.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries, such as India, China, Japan, and South Korea. In 2017, India accounted for more than 50% of global mango butter consumption owing to high consumer awareness regarding its health benefits coupled with growing middle-class population base. Moreover mango butter is considered an affordable substitute for cocoa butter in many Indian households due to its similar properties such as skin softness and stability against oxidation.
North America emerged as the second-largest consumer of mango butter after Asia Pacific on account of rising product demand from food application segment mainly driven by bakery items like muffins.
Growth Factors:
- Increasing demand for natural and organic personal care products.
- Rising awareness about the benefits of mango butter for skin and hair.
- Growing popularity of DIY skin care recipes that include mango butter.
- Increasing use of mango butter in cosmetics and other personal care products.
- Rising demand from emerging markets such as India, China, and Brazil
Scope Of The Report
Report Attributes
Report Details
Report Title
Mango Butter Market Research Report
By Type
Refined Mango Butter, Unrefined Mango Butter
By Application
Cosmetics, Food, Pharmaceutical
By Companies
Hallstar BIOCHEMICA, Manorama, Jarchem Industries, AOT, Alzo International Incorporated, EKOLOGIE FORTE PVT., Avi Natural
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Mango Butter Market Report Segments:
The global Mango Butter market is segmented on the basis of:
Types
Refined Mango Butter, Unrefined Mango 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
Cosmetics, Food, Pharmaceutical
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:
- Hallstar BIOCHEMICA
- Manorama
- Jarchem Industries
- AOT
- Alzo International Incorporated
- EKOLOGIE FORTE PVT.
- Avi Natural
Highlights of The Mango 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:
- Refined Mango Butter
- Unrefined Mango Butter
- By Application:
- Cosmetics
- Food
- Pharmaceutical
- 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 Mango 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Mango butter is a natural, unscented, and unrefined butter made from the fatty tissues of mangoes. It has a smooth texture and a sweet flavor that makes it perfect for use in baking recipes or as an addition to smoothies and other healthy snacks.
Some of the major players in the mango butter market are Hallstar BIOCHEMICA, Manorama, Jarchem Industries, AOT, Alzo International Incorporated, EKOLOGIE FORTE PVT., Avi Natural.
The mango butter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mango 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 Mango Butter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mango 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 Mango 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 Mango Butter Market Size & Forecast, 2020-2028
4.5.1 Mango Butter Market Size and Y-o-Y Growth
4.5.2 Mango 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 Refined Mango Butter
5.2.2 Unrefined Mango 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 Cosmetics
6.2.2 Food
6.2.3 Pharmaceutical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mango 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 Mango 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 Refined Mango Butter
9.6.2 Unrefined Mango 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 Cosmetics
9.10.2 Food
9.10.3 Pharmaceutical
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 Refined Mango Butter
10.6.2 Unrefined Mango 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 Cosmetics
10.10.2 Food
10.10.3 Pharmaceutical
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 Refined Mango Butter
11.6.2 Unrefined Mango 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 Cosmetics
11.10.2 Food
11.10.3 Pharmaceutical
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 Refined Mango Butter
12.6.2 Unrefined Mango 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 Cosmetics
12.10.2 Food
12.10.3 Pharmaceutical
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 Refined Mango Butter
13.6.2 Unrefined Mango 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 Cosmetics
13.10.2 Food
13.10.3 Pharmaceutical
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 Mango Butter Market: Competitive Dashboard
14.2 Global Mango Butter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hallstar BIOCHEMICA
14.3.2 Manorama
14.3.3 Jarchem Industries
14.3.4 AOT
14.3.5 Alzo International Incorporated
14.3.6 EKOLOGIE FORTE PVT.
14.3.7 Avi Natural
