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1. Global Shea Butter Market Outlook:Industry Insights & Opportunity Evaluation, 2017- 2024 Copyright © Research Nester www.researchnester.com 2. Research Nester, currently serving clients from 120+ countries clients across the globe, is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. Through our robust, unbiased extensive primary and secondary research, we help organizations to understand current and future market trends, thus letting them making a prolonged yet dynamic financial investment. 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Sample Research Presentation Look for Your Requested Research/TOC Copyright © Research Nester www.researchnester.com 6. Global Shea Butter Market Overview Shea butter is a type of fat which is used in various skins and hair related products and possess various healing properties. It is derived from the seeds of Vitellaria paradoxa (Shea) tree which is mainly found in Africa. Shea butter is free of any artificial chemicals and is composed of stearic acid and oleic acid. Shea butter is used extensively in the cosmetic products such as skin moisturizers, hair conditioners and lip gloss. Apart from this, shea butter is used in various industries such as food and healthcare. Consumers worldwide prefer shea butter products. The process of extracting shea butter from nut involves various processes such as cracking, crushing, roasting, grinding, separating the oils and collecting and shaping. The market share of shea butter has constantly been rising as compared to cocoa butter or palm oils. The market share of the shea butter is growing due to the increased adoption of shea butter products over cocoa butter or pal oils. The advantages that it offers over the cocoa and palm oil is that shea butter has low fat content and better healing properties than the former. Further, the shea butter products are powerful antioxidants and restore the damaged skin and hair to health. However, the cocoa butter contains only polyphenol which is helpful in relieving stress. Shea butter contains vitamin A and vitamin E which are vital for skin and eyes. In addition to this, shea butter contains cinnamic acid which Copyright © Research Nester www.researchnester.com 7. prevents the skin from ultraviolet rays. Moreover, cocoa butter is a good moisturizer but shea butter is more flexible and can be used in different treatment processes such as skin healing, hair healing and lip healing. Market Size and forecast The global shea butter market is anticipated to witness a robust growth over the forecast period owing to the rising disposable income and consumer awareness. Europe and North America are the holding the largest market share of global shea butter followed by Asia-Pacific. Further, government policies are bolstering the European shea butter market. Recently, European Union instructed that minimum 5% shea must be present in eatable products like chocolate which is expected to bolster the shea butter market. Copyright © Research Nester www.researchnester.com 8. Further, North America is expected to witness significant growth over the forecast period owing to the high demand for cosmetic products such as lip scrub, lip gloss and hair conditioners. Asia-Pacific is anticipated to showcase a growth in the demand of global shea butter. Rising consumer awareness and increasing healthcare concern are the key factors which are expected to bolster the Asia-Pacific shea butter market. Japan is the major country in the Asia-Pacific accounting for the largest market share in the region. Market Segmentation By Type Raw and unrefined Shea butter Refined Shea Butter Copyright © Research Nester www.researchnester.com 9. By Application Cosmetics & Personal care Food Medical Others By Region Global Shea butter market is further classified on the basis of region as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y- O-Y growth & Opportunity Analysis Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis Growth Drivers and Challenges Rising consumer inclination towards natural products and consumer awareness are the key growth drivers driving the global market of shea Copyright © Research Nester www.researchnester.com 10. butter. Moreover, rise in the use of shea butter in the cosmetic products are driving the growth of the market. Further, favorable government policies are expected to drive the market over the forecast period. Moreover, increase in consumption of eatable products consisting of shea butter such as chocolates are likely to be the key growth drivers during the forecast period i.e. 2017-2024. However, availability of various substitute products with a low price tag is anticipated to dampen the growth of global shea butter market. Moreover, the absence of minimum quality standard and poor level of industry organization poses a serious challenge to the growth of global shea butter market. Key players Star Shea Ltd All Pure Nature Ltd Shea Radiance Shea Therapy Ltd (AGC Ltd) VINK CHEMICALS GMBH & CO. KG Jedwards International, Inc Lovinah Naturals IOI Loders Croklaan Ghana Nuts Ltd Maison Karite Sociedad Limitada Scope and Context Copyright © Research Nester www.researchnester.com 11. Overview of the Parent Market Analyst View Segmentation The Global Shea butter Market is segmented as follows: By Application Market Size & Y-O-Y Growth Analysis By Region Market Size & Y-O-Y Growth Analysis Market Dynamics Supply & Demand Risk Competitive Landscape Porter’s Five Force Model Geographical Economic Activity their Strategies andKey Players (respective SWOT Analysis) and Product Portfolio Recent Trends and Developments Industry Growth Drivers and Challenges Key Information for Players to establish themselves in current dynamic environment Copyright © Research Nester www.researchnester.com 12. For More Info/Enquiry, Please Visit us at: ResearchNester 1820 Avenue M, Suite #1113 Brooklyn, New York 11230 U.S. (T) +1 646 586 9123 Canada (T) +1 437 889 3230 U.K. (T) +44 203 608 5919 India (T) +91 120 660 5495 www.researchnester.com,
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