Market Overview:
The global shea butter for cosmetics market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. Shea butter is extracted from the nuts of the shea tree, which is found in Africa. Shea butter has various benefits for skin and hair, which is driving its demand in the cosmetics industry. The growth of the global shea butter for cosmetics market can be attributed to factors such as rising awareness about natural ingredients among consumers and increasing demand for organic products. However, volatility in prices of raw materials used in manufacturing shea butter may restrain the growth of this market during the forecast period. On basis on type, organic segment accounted for larger share in 2017 and it projected to grow with highest CAGR over next 10 years owing to growing consumer preference towards organic products across globe .Whereas conventional segment anticipated to witness moderate growth rate over next decade due slow shift towards organic product by few developed region . On basis on application , lotions & creams anticipated account largest share followed by lip balms & lipstick over next decade .
Product Definition:
Shea Butter is an extracted fat from the Shea Tree that grows in Africa. It has been used for centuries as a moisturizer and to protect skin from the sun and wind. Shea Butter is important for cosmetics because it is a natural moisturizer that helps keep skin hydrated, elastic, and smooth.
Organic:
Organic is a type of food product which contains no harmful chemicals or artificial additives. Organic products are derived from natural resources such as plants, animals, and microorganisms.
Conventional:
Shea butter is obtained from the nuts and seeds of Shea tree, which belong to the family butyrospermaceae. The butter is a rich source of various fatty acids including stearic acid, oleic acid, palmitic acid and alpha-linolenic acid. It also contains sterols that are considered to be good for skin health.
Application Insights:
The lotions and creams segment led the market in 2017 and is projected to witness significant growth over the forecast period. The product has a moisturizing effect on skin as it contains natural ingredients, such as vitamins A, D & E; essential fatty acids; proteins, enzymes & minerals. These properties make shea butter an ideal ingredient in cosmetics for use in body lotions, hand cream, face creams and massage oils.
Growing demand from consumers across the globe for organic cosmetic products derived from natural sources is expected to drive growth over the coming years. Moreover, increasing awareness regarding healthy skin through various media advertisements will boost product demand further.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer awareness regarding the benefits of natural ingredients coupled with increasing demand for organic products. The region is expected to witness significant growth over the forecast period on account of rising product demand from countries, such as Canada and Mexico.
Asia Pacific is projected to be one of the fastest-growing regional markets during the forecast years on account of rapid industrialization and urbanization in emerging economies, such as China, India, Indonesia, Malaysia Philippines Thailand Vietnam among others. In addition, increasing purchasing power and rising awareness about skin care & cosmetics are estimated to propel industry expansion over this period.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of using Shea Butter in cosmetics
- Growing popularity of DIY skin care recipes that include Shea Butter
- Availability of a wide variety of Shea Butter products in different forms and packaging options
- Increased marketing and promotional activities by cosmetic brands to promote Shea Butter as an important ingredient in their products
Scope Of The Report
Report Attributes
Report Details
Report Title
Shea Butter for Cosmetics Market Research Report
By Type
Organic, Conventional
By Application
Lotions & Creams, Lip Balms & Lipsticks, Sun Care Products, Soaps & Toiletries, Cleansers, Shampoos & Conditioners, Others
By Companies
Cargill, Clariant, AAK AB, Olvea Group, Archer Daniels Midland Company, Bunge Limited, BASF, Croda International, Ghana Nuts Company, Agrobotanicals, Cargill, AOS Products, The Savannah Fruits, Ojoba Collective, The HallStar Company
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Shea Butter for Cosmetics Market Report Segments:
The global Shea Butter for Cosmetics market is segmented on the basis of:
Types
Organic, Conventional
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, Cleansers, Shampoos & Conditioners, 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:
- Cargill
- Clariant
- AAK AB
- Olvea Group
- Archer Daniels Midland Company
- Bunge Limited
- BASF
- Croda International
- Ghana Nuts Company
- Agrobotanicals
- Cargill
- AOS Products
- The Savannah Fruits
- Ojoba Collective
- The HallStar Company
Highlights of The Shea Butter for Cosmetics 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
- Conventional
- By Application:
- Lotions & Creams
- Lip Balms & Lipsticks
- Sun Care Products
- Soaps & Toiletries
- Cleansers
- Shampoos & Conditioners
- 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 Shea Butter for Cosmetics 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 is extracted from the fruit of the Shea tree. It has been used for centuries in Africa and Asia to treat skin problems, such as dryness, inflammation, and eczema. Shea butter is also popular in cosmetics because it provides a smooth texture and helps to protect skin from sun damage.
Some of the key players operating in the shea butter for cosmetics market are Cargill, Clariant, AAK AB, Olvea Group, Archer Daniels Midland Company, Bunge Limited, BASF, Croda International, Ghana Nuts Company, Agrobotanicals, Cargill, AOS Products, The Savannah Fruits, Ojoba Collective, The HallStar Company.
The shea butter for cosmetics 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 Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Shea Butter for Cosmetics 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 Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Size & Forecast, 2018-2028 4.5.1 Shea Butter for Cosmetics Market Size and Y-o-Y Growth 4.5.2 Shea Butter for Cosmetics Market Absolute $ Opportunity
Chapter 5 Global Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Size Forecast by Type
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shea Butter for Cosmetics 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 Shea Butter for Cosmetics 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 Cleansers
6.2.6 Shampoos & Conditioners
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shea Butter for Cosmetics 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 Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Analysis and Forecast
9.1 Introduction
9.2 North America Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Size Forecast by Type
9.6.1 Organic
9.6.2 Conventional
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 Shea Butter for Cosmetics 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 Cleansers
9.10.6 Shampoos & Conditioners
9.10.7 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 Shea Butter for Cosmetics Analysis and Forecast
10.1 Introduction
10.2 Europe Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Size Forecast by Type
10.6.1 Organic
10.6.2 Conventional
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 Shea Butter for Cosmetics 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 Cleansers
10.10.6 Shampoos & Conditioners
10.10.7 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 Shea Butter for Cosmetics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Size Forecast by Type
11.6.1 Organic
11.6.2 Conventional
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 Shea Butter for Cosmetics 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 Cleansers
11.10.6 Shampoos & Conditioners
11.10.7 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 Shea Butter for Cosmetics Analysis and Forecast
12.1 Introduction
12.2 Latin America Shea Butter for Cosmetics 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 Shea Butter for Cosmetics Market Size Forecast by Type
12.6.1 Organic
12.6.2 Conventional
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 Shea Butter for Cosmetics 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 Cleansers
12.10.6 Shampoos & Conditioners
12.10.7 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) Shea Butter for Cosmetics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shea Butter for Cosmetics 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) Shea Butter for Cosmetics Market Size Forecast by Type
13.6.1 Organic
13.6.2 Conventional
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) Shea Butter for Cosmetics 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 Cleansers
13.10.6 Shampoos & Conditioners
13.10.7 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 Shea Butter for Cosmetics Market: Competitive Dashboard
14.2 Global Shea Butter for Cosmetics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Clariant
14.3.3 AAK AB
14.3.4 Olvea Group
14.3.5 Archer Daniels Midland Company
14.3.6 Bunge Limited
14.3.7 BASF
14.3.8 Croda International
14.3.9 Ghana Nuts Company
14.3.10 Agrobotanicals
14.3.11 Cargill
14.3.12 AOS Products
14.3.13 The Savannah Fruits
14.3.14 Ojoba Collective
14.3.15 The HallStar Company