Mango Butter Market - Global Industry Analysis

Mango Butter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Food & Beverage Report Format : PDF Report Code: ZMR-6900 Status : Upcoming

Description

Global Mango Butter Market: Overview

Mango butter is an organic butter that is creamy textured, semi-solid, and soft with a sweet aroma. It is extracted from shelled kernels of tropical mango. It was first innovated for commercial use in 2011 by All Organic Trading (AOT) and became more available for cosmetics in 2013 as bio-certified ingredients. This natural ingredient is soothing, softening, and emollient to the skin, apart from having regenerative abilities, wound healing, and high oxidative ability. Also, with reference to its consistency, it is very similar to cocoa and shea butter, but it's fatty acid content differs. Mango butter is suitable for different products like sun care balms and vegetable oils. Additionally, it is known to be a good source of vitamin C, oleic acid, antioxidants, and glycerides. However, it also treats several medical disorders like fungal infections, psoriasis, eczema, and other dry skin conditions.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Mango Butter Market: Growth Factors

The global mango butter market is likely to grow significantly during the forecast period due to the growing application of mango butter for different cosmetic products like blemishes, wrinkles treatment, rashes, sunburn treatment, wound healing, and others. However, the companies in the cosmetic industry have hands-on mango butter in their product to capitalize that product as superior owing to its advantages. It is used in a wide range of products like skincare lotions, body butter, creams, lip balm, soap, and other dermatology products. The growing demand for personal care products in recent years is likely to create lucrative growth opportunities in the global mango butter market. Mango butter effectively fights against free radicals and enhances collagen production, thereby improving the skin’s appearance naturally. Additionally, the market leaders are focusing on organic product variants enriched with vitamin B6, A, E, F along with magnesium, potassium, folate, iron, and zinc. Also, consumer preferences are shifting significantly, and a huge population is inclining towards organic products due to the surging concerns regarding the ill effects of organic chemistry, thereby complementing the market growth. The outbreak of the Covid-19 pandemic has impacted the growth trajectory of the global mango butter market, but the growing awareness of people about health and wellness is likely to contribute to the growth of the global mango butter market during the forecast period. The growing research and development activities by market leaders to bring the product with advanced attributes are likely to further facilitate growth opportunities globally.

Global Mango Butter Market: Segmentation

The global mango butter market can be segmented into application, format, type, and region.

By application, the market can be segmented into pharmaceutical, food, and cosmetics. The cosmetic sector accounts for the largest share in the global mango butter market due to the fact that plant-based ingredients like exotic fats and lipids are extracted from kokum trees and pressed fruit kernels of shea and mango.

By format, the market can be segmented into cream and powder.

By type, the market can be segmented into unrefined and refined.

Global Mango Butter Market: Regional analysis

North America accounts for the largest share in the global mango butter market due to the growing demand from end-users. The growing awareness among people in the region regarding the benefits of mango butter on skin ailments is likely to complement the growth of the regional market exponentially.

Asia Pacific is another leading region in the global mango butter market due to the growing disposable income of people in the region. The presence of prominent market leaders in the region, along with their growing investment, is likely to exhibit growth prospects in the forthcoming years.

Global Mango Butter Market: Competitive Players

Some of the significant players in the global mango butter market include Henry Lamotte Food GMBH, Natural Sourcing, LLC, Madina Industrial Corp, Hallstar Company, Jarchem Industries, Inc., AVI Naturals, Manorama Industries Limited, All Organic Treasures GMBH (AOT), and Alzo International Incorporated.

Global Mango Butter Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 

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FrequentlyAsked Questions

The global mango butter market is likely to grow significantly during the forecast period due to the growing application of mango butter for different cosmetic products like blemishes, wrinkles treatment, rashes, sunburn treatment, wound healing, and others. However, the companies in the cosmetic industry have hands-on mango butter in their product to capitalize that product as superior owing to its advantages.

Some of the significant players in the global mango butter market include Henry Lamotte Food GMBH, Natural Sourcing, LLC, Madina Industrial Corp, Hallstar Company, Jarchem Industries, Inc., AVI Naturals, Manorama Industries Limited, All Organic Treasures GMBH (AOT), and Alzo International Incorporated.

 

North America accounts for the largest share in the global mango butter market due to the growing demand from end-users. The growing awareness among people in the region regarding the benefits of mango butter on skin ailments is likely to complement the growth of the regional market exponentially.

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