Shea Butter Market: Food Sector Market Value Clocked over USD 700 Mln in 2018 end


Published on : Apr 03, 2019

Albany, New York, April 3, 2019: Shea butter’s moisturizing properties, creamy texture and the enchanting allure have made it highly sought after ingredient for cosmetic and personal care products. Given Shea butter is highly emollient and is rich in anti-oxidants, its uses in reducing appearance of scars, skin discoloration and stretch markets and protection against UV rays has surged. Besides, Shea butter’s unparalleled moisturizing property could be attributed to natural moisturizers present in the skin. These excerpts are according to the report titled, “Shea Butter Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2028,” which has been lately added to Market Research Hub’s (MRH) ever-expanding repository.

Food sector has turned out to be one of the largest markets for Shea butter in the recent past with the market value of over USD 700 million in 2018 end. As food industry mostly processes the butter into stearin—a cocoa butter replacement, it signifies its potency against other cocoa butter products. Apart from cosmetic and food market, meager share of Shea butter is also transacted as a final consumer product. Growing traction for do-it-yourself cosmetic products or to directly apply to the skin has underpinned its sale as a final consumer product.

There has been a pervasive public perception that natural ingredients are safer and healthier vis-à-vis synthetic substitutes, offering opportunities for Shea butter in cosmetic landscape. Paying heed to the three main aspects that determine a consumer’s decision to buy a product—price, quality and reliability—companies are looking to have a reliable and well-organized supply chain and produce a top quality Shea butter.

Shea Butter Market: Report Content

The report offers a robust analysis on the Shea butter market through deep dive analysis. Besides, the report delves into the segregation of the market to offer an exhaustive assessment on the Shea butter market. The report also delves into drivers, trends, opportunities and restraints having significant influence within the Shea butter market.

The report incorporates preface, executive summary and overview section which offers coherent analysis on Shea butter market. The market overview section also includes Shea butter ecosystem analysis along with case studies across industries. The section also includes the product positioning matrix along with consumer analysis. Furthermore, the report on Shea butter market embodies the market outlook and market attractiveness analysis which are aimed at offering a robust analysis on the Shea butter market.

A robust analysis of competitive scenario of the Shea butter market is propelled by the inclusion of Porters’ Five Force Analysis. The Porters’ Five Force Analysis sheds light on the potential strategies employed by pertinent companies. The report is bolstered by company profile, SWOT analysis, annual revenue and strategic overview.

Shea Butter Market: Research Methodology

Primary research and secondary research provide a dynamic analysis on Shea butter market. On one hand, primary source includes telephonic interview, honest views of experts which can be relied upon, unbiased views from seasoned analyst and surveys. On the other hand, the secondary sources include SEC filing, Factiva, trade journals, resourceful database and authentic paid source. The report also is bolstered by analysis through absolute dollar opportunity analysis which showcase the development of the Shea butter market.

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