Global Shea Butter Market Outlook 2022

This report studies the Shea Butter market, from angles of players, regions, product types and end industries, to analyze the status and the future. Shea butter is an edible vegetable oil or fat, extracted from sun-dried kernels of the African shea tree. Shea butter is extensively used in cosmetics, health products and in the confectionery and chocolate industry (as an ingredient in cocoa butter alternatives). Shea butter and its fractions can also replace other edible vegetable oils or fats in other food applications. Shea butter is used for body, hand and facial products because of its unsaponifiables content. Shea butter contains ester resins recommended for damaged skin repair, cleansing and the sun's protection.
Global Shea Butter key players include IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, etc. Global top five manufacturers hold a share about 15%. Europe and Middle East and Africa is the largest market, both with a share about 30%, followed by North America, with a share about 20 percent. In terms of product, Refined Shea Butter is the largest segment, with a share about 65%. And in terms of application, the largest application is Food Industry, followed by Cosmetics Industry, Medicine Industry, etc.

The global Shea Butter market was valued at US$ 862 million in 2020 and is expected to reach US$ 1625.5 million by the end of 2027, growing at a CAGR of 9.5% during 2021-2027.
This report focuses on Shea Butter volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Shea Butter market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Shea Butter Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Raw and Unrefined Shea Butter
Refined Shea Butter

Segment by Application
Cosmetics Industry
Medicine Industry
Food Industry

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
IOI Loders Croklaan
Wilmar Africa/ Ghana Specialty Fats
Ghana Nuts
Shebu Industries
Timiniya Tuma
The Pure
The Savannah Fruits
VINK CHEMICALS GMBH & CO. KG
Akoma Cooperative
StarShea
International Oils & Fats