10-Oct-2019 | Zion Market Research
Zion Market Research has published a new report titled “Cosmetic Shea Butter Market By Nature (Conventional and Organic), By End-Use (Lotions & Creams, Lip balm &Lipstick, Sun Care, Soaps & Toiletries, Cleanser, Shampoo & Conditioner, and Others), and By Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Online Stores, Convenience Stores, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global cosmetic shea butter market was USD 1,150 million in 2018 and is expected to reach approximately USD 1,670 million by 2025, at a CAGR of slightly above 4.5% between 2019 and 2025.
Shea butter is as an edible fat, which is obtained from shea kernels or shea tree’s nutshells. Shea butter has major applications across a wide range of industries, such as pharmaceuticals, cosmetics, food processing, and others. Additionally, cosmetic shea butter is called Vitellaria paradoxa.
Browse the full “Cosmetic Shea Butter Market By Nature (Conventional and Organic), By End-Use (Lotions & Creams, Lip balm &Lipstick, Sun Care, Soaps & Toiletries, Cleanser, Shampoo & Conditioner, and Others), and By Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Online Stores, Convenience Stores, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/cosmetic-shea-butter-market
The major factor that is driving the cosmetic shea butter market is the increased demand from the cosmetic industry owing to its moisturizing property, due to the presence of various antioxidants like polyphenol and tocopherol. The product has a buttery texture, which makes it highly emollient that helps in reducing skin inflammation. According to the ICCO Cooperation, the market registered a growth rate of 600% between 1998 and 2018, and around 350 thousand tons of shea butter is exported from West Africa annually across the globe. However, the high cost of raw material and the availability of various substitute products may limit the cosmetic shea butter market globally. Alternatively, the increasing penetration of cosmetic shea butter via online retailing channels will provide several growth opportunities to the cosmetic shea butter market on a global scale.
The cosmetic shea butter market is fragmented based on nature, end-use, and distribution channels. Based on nature, the market is segmented into conventional and organic. By end-use, the market includes lotions and creams, shampoo and conditioner, sun care, soaps and toiletries, cleanser, lip balm and lipstick, and others. Lotions and creams, particularly for skin conditioning and anti-aging, will drive the market for this segment in the years ahead alongside high demand for these products in the cosmetics sector. Moreover, cosmetics companies are investing more in R&D to introduce new and more effective products containing shea butter. On the basis of the distribution channel, the market comprises specialty stores, hypermarkets, convenience stores, online stores, supermarkets, and others.
Europe is likely to witness major growth in the cosmetic shea butter market over the forecast time period, due to the rising cosmetic shea butter demand across the region. The Asia Pacific cosmetic shea butter market is projected to witness notable growth in the upcoming years. This is due to the higher growth rate of the cosmetic sector in the region. Countries like China and India are leading the cosmetic shea butter market in the region, due to their flourishing cosmetic industries. Moreover, the rise in the disposable income of the regional consumers is also supporting the cosmetic shea butter market growth in the Asia Pacific.
Some major players operating in the cosmetic shea butter market are Cargill, Clariant, AAK, Olvea Group, Archer Daniels Midland, Bunge Limited, BASF, Croda International, Ghana Nuts Company, Agrobotanicals, Sophim, and AOS Products.
This report segments the global cosmetic shea butter market into:
Global Cosmetic Shea Butter Market: Nature Analysis
Global Cosmetic Shea Butter Market: End-Use Analysis
Global Cosmetic Shea Butter Market: Distribution Channel Analysis
Global Cosmetic Shea Butter Market: Regional Analysis
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed