Europe Shea Butter Market

Europe Shea Butter Market Size (2024 to 2029)

The size of Europe's Shea Butter Market is expected to reach 0.45 billion by 2024 and grow by 0.60 billion by 2029, with a CAGR of 5.78% from 2024 to 2029.

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.

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

Europe Shea Butter Market By Type

• Unrefined
• Refined Shea Butter.

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

Europe Shea Butter 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.

Europe Shea Butter Market 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 PLAYERS IN THE EUROPE SHEA BUTTER MARKET

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.