This report provides exclusive insights into the COVID-19 impact on the Shea Butter Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Shea Butter Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Shea Butter Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on shea
butter market provides an in-depth analysis of segments and sub-segments in the
global as well as regional shea butter market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
shea butter market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global shea
butter market. According to the report, the global shea butter market is
projected to grow at a CAGR of 4.8% over the forecast period of 2019-2025.
Shea butter is a type of superfood, which comes from the nuts of
the shea tree. It is solid at a warm temperature and has ivory color. It is
rich in vitamins A, E and F, and fatty acids. It has several health beneficial
qualities, which makes its application in pharmaceutical, cosmetic and food
processing industries. It has high fatty acid content such as oleic, linoleic,
palmitic and stearic acids, which makes it a good moisturizing agent. The
moisturizing product made of shea butter works as a protective barrier between
skin and outer environment, and preserve the moisture of the skin and eliminate
the risk of skin dryness. Further, the presence of high level of linoleic acid
and oleic acid, help to absorb excess oil present on the skin. The plant esters
of shea butter have anti-inflammatory properties, which helps it to be useful
for several anti-inflammatory medicines.
The growing awareness about the shea butter and its health
benefits are helping to grow its demand around the world. The growing trend of
organic and plant-based ingredients application for skin, pharmaceutical, and
the food product is boosting the growth of the shea butter based beauty,
pharmaceutical, and food ingredient products. However, the availability of the
several synthetic and organic products which works as the same the function of
the shea butter is restraining the growth of the shea butter market.
Regionally, global shea butter market is segmented into North
America, Europe, Asia-Pacific, and RoW. North America holds a large share
of the market, owing to the presence of numerous food processing,
pharmaceutical, cosmetic companies in this region. Additionally, the
availability of well-informed consumers, who are very much familiar with
the different type of organic sources of butter is boosting the growth of the
shea butter market in North America. Europe is the second-largest market
after North America. The Asia-Pacific is expected to grow at the highest
CAGR during the forecast period, owing to the growing demand for the different
type of shea butter based skin cream, pharmaceutical and food ingredients for
domestic and industrial purpose.
The report on global shea butter market covers segments such as
grade, and end use. On the basis of grade, the sub-markets include grade A
(unrefined), grade B (refined), and grade C (highly refined). On the basis of end
use, the sub-markets include cosmetics & personal care, food processing,
pharmaceuticals, and other end use.
The report provides profiles of the companies in the market such
as The Archer Daniels Midland Company, Clariant AG, Cargill, Incorporated,
Yasham Speciality Ingredients Pvt. Ltd., INTERNATIONAL OILS & FATS LIMITED,
Natural Sourcing LLC, Suru Chemicals & Pharmaceuticals Private Limited,
Sophim S.A, Agrobotanicals, LLC, and Ghana Nuts Limited.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of shea butter
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.