Shea butter extracted from the fruit of Kartie tree i.e. Shea nut. This tree is a native of Africa and possesses healing properties. It is mainly used for the production of Shea butter. Shea butter has tremendous skin care, healing, and medicinal properties which marks its demand in the market by various industries. It is widely used as a substitute for cocoa and palm oil due to its low fat content.
Asia Pacific Shea Butter Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.
Various factors driving market demand are continuous rising demand for cocoa equivalent products due to rising chocolate consumption by world population. A rise in the demand for natural products based cosmetics and skin care products are becoming another market driver for Shea butter. There has been a rise in the consumer awareness for hydrogenated oils containing trans fat which further drives the market. Factors restraining market growth include Shea butter cost, which is higher than that of the substitute products palm oil and olive oil, used in soap and other skin care products.
The market for Shea Butter is broadly categorized into type and application. By type the market is divided into unrefined and refined Shea butter. Unrefined Shea butter accounts for a major share of the market. By application the market is further classified into cosmetics and personal care, food, medicinal and others. There has been a rise in the demand for Shea butter in the cosmetic industry due to its inflammatory, skin care and moisturizing properties. On the basis of geography, the market is analysed under various regions namely China, India, Japan, Australia and South Korea. Asia Pacific is a major market due to increasing population and rise in the disposable income.
Key players operating in shea butter market are Star Shea Ltd., Bread For Life, All Pure Nature Ltd. , Shea Radiance, VINK CHEMICALS GMBH & CO. KG, Jedwards International, Inc., Lovinah Naturals, Maison Karite Sociedad Limitada, Shebu Industries, Shea Therapy Ltd (formerly trading as AGC Ltd), The Pure Company etc.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Unrefined shea butter
5.1.3 Refined shea butter
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Cosmetics
5.2.3 Personal care
5.2.4 Food
5.2.5 Medical
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By Application
5.2.8 Market Attractiveness Analysis, By Application
5.2.9 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 All Pure Nature Ltd
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Bread for Life
8.3 Vink Chemicals GMBH & co
8.4 Star Shear Ltd
8.5 Lovinah Naturals
8.6 Maison Karite Sociedad Limitada
8.7 Shea Therapy Ltd
8.8 The Pure Company
8.9 Shea Radiance
8.10 Shebu Industries
8.11 Jedwards International
8.12 Shebu Industries
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
