Global Shea Butter Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024
Shea Butter market is estimated to
register significant CAGR between 2018 and 2024. The report included a detailed
competitive scenario and portfolio of leading vendors operating in Shea Butter
market all across the world. The report gives detailed segments analysis of
Shea Butter market in which the report describes the market into product types,
application type and regional segments. Based upon product type, Shea Butter
market is classified as Raw and unrefined Shea butter and Refined Shea Butter.
On the basis of application type, Shea Butter market has been segmented as
Cosmetics & Personal care, Food, Medical and Others. The regions covered in
this report are North America, Europe, Asia-Pacific and Rest of the World.
North America dominates the market with highest market share due to increased
demand for Shea Butter. Europe is second largest market for Shea Butter and it
is expected to generate new opportunity with product innovation and increased
investment in research and development. Asia Pacific Shea Butter market is
witnessed with strong growth rate due to increased government initiatives for
public health awareness. Shea butter is a one of the type of fat which is used
in numerous skins and hair related products and possess various medicinal
properties. Shea butter is derived from the seeds of Vitellaria paradoxa (Shea)
tree which is generally found in Africa region. Shea butter is composed of
stearic acid and oleic acid and is free from artificial chemicals. Shea butter
is used widely in the cosmetic care products such as skin moisturizers, hair
conditioners and lip gloss. In addition, shea butter is used in different
industries such as food industry and healthcare industry.
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