Europe Shea Butter Market Research Report - Segmented Based on Type, Application, and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2025 to 2033)

Updated On: June, 2024
ID: 8063
Pages: 145

Europe Shea Butter Market Size

The Europe shea butter market size was valued at USD 745.12 million in 2024, and the market size is expected to reach USD 1,446.61 million from USD 802.12 million in 2025. The market is growing at a CAGR of 7.65%.

By 2033, the Europe shea butter market size is expected to reach USD 1,446.61 million.

MARKET OVERVIEW

Shea butter is extracted from the fruit of the 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. Various factors driving market demand are the continuous rising demand for cocoa equivalent products due to the rising consumption of chocolate by the world population. A rise in the demand for natural products-based cosmetics and skincare products is becoming another market driver for Shea butter. There has been a rise in 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 skincare products.

MARKET SEGMENTATION

This Research Report on Europe Shea Butter Market is segmented and sub segmented into following categories

By Type

  • Unrefined
  • Refined Shea Butter.

Unrefined Shea butter accounts for a major share of the market.

By Application

  • Cosmetics
  • Personal Care
  • Food
  • Medicinal

There has been a rise in the demand for Shea butter in the cosmetic industry due to its inflammatory, skincare, and moisturizing properties.

By Region

  • U.K 
  • Germany
  • Italy
  • France
  • Spain

The Shea Butter market was dominated by North America and Europe. Most of the Shea butter is exported to European countries.

KEY MARKET PLAYERS

Key Players In Europe 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.

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Frequently Asked Questions

1. What market opportunities are driving the growth of the Europe shea butter market?

The Europe shea butter market is expanding due to rising demand for natural and organic skincare products, increasing consumer preference for sustainable ingredients, and growing applications in the cosmetics, food, and pharmaceutical industries.

2. What challenges are hindering the growth of the Europe shea butter market?

Challenges include price volatility due to seasonal production, limited supply chain efficiency, and competition from alternative natural ingredients such as cocoa butter and mango butter.

3. Who are the key players in the Europe shea butter market?

Key players include Bunge Loders Croklaan, Cargill Incorporated, AAK AB, Olvea Group, and The Savannah Fruits Company, focusing on expanding product offerings and sustainable sourcing initiatives.

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