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Asia Pacific Shea Butter Market by type (unrefined and refined Shea butter) , by application (cosmetics and personal care, food, medicinal and others) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts(2022 to 2027)

Published: March, 2023
ID: 8064
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Shea Butter Market  Size and Growth Analysis:

Asia Pacific Shea Butter Market was worth USD xx billion in 2022 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.

Asia Pacific Shea Butter Market  Overview:

Shea butter is extracted from the fruit of Katie's 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 rising chocolate consumption 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 skin care products.

Asia Pacific Shea Butter Market Segmentation:

The market for Shea Butter is broadly categorized into 

  • type 

  • application

By type 

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

By application 

  • cosmetics 

  • personal care

  •  food

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

Asia Pacific Shea Butter Market Geographical Analysis:

  • China

  •  India

  •  Japan

  •  Australia 

  • South Korea

Asia Pacific is a major market due to the increasing population and rise in disposable income.

Asia Pacific Shea Butter Market Key players:

  1. Star Shea Ltd.

  2. Bread For Life

  3. All Pure Nature Ltd. 

  4. Shea Radiance

  5. VINK CHEMICALS GMBH & CO. KG

  6.  Jedwards International, Inc.

  7. Lovinah Naturals

  8. Maison Karite Sociedad Limitada

  9. Shebu Industries

  10. Shea Therapy Ltd (formerly trading as AGC Ltd)

  11.  The Pure Company etc.

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