1 / 7

Shea Butter Market Emerging Trends, Analysis and Forecast

Shea Butter Market size exceeded USD 1.7 billion in 2020 and is estimated to grow at a CAGR of over 7.5% from 2021 to 2027 owing to the rise in consumer spending power on food & beverages and personal care products especially in developing regions.

Puja11
Download Presentation

Shea Butter Market Emerging Trends, Analysis and Forecast

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Shea Butter Market to Witness Robust Expansion by 2027

  2. About Shea Butter Market • Shea Butter Market size exceeded USD 1.7 billion in 2020 and is estimated to grow at a CAGR of over 7.5% from 2021 to 2027 owing to the rise in consumer spending power on food & beverages and personal care products especially in developing regions. • The food and beverages industry uses shea butter as a replacement of vegetable or animal-based fats in convenience food products especially bakery & confectionery. It improves the taste & texture, shelf life and reduces bloom formation in the final product thus used in chocolates.

  3. Increased consumption of ready to eat or packaged food products due to busy & hectic lifestyles especially in developing regions such as Asia Pacific will stimulate industrial growth. Favorable government regulations related to the use of shea butter into food products & pharmaceuticals is expected to offer lucrative opportunities in the upcoming years.

  4. Market Overview

  5. Key Players - Shea Butter Market • BASF SE • International Oils & Fats Limited • AAK AB • Croda International • OLVEA • Akoma International Ltd • Bunge Limited • The Savannah Fruits Company • Ghana Nuts Company Limited

  6. Browse Full Market Research Report @ https://www.gminsights.com/industry-analysis/shea-butter-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/4342 .com https://www.gminsights.com/request-sample/det

  7. Stay In Touch Website: www.gminsights.com Social Media:

More Related