Shea Butter Market Analysis 2021-2026

1. Shea Butter Market By Type (Unrefined shea butter, Refined shea butter), and By Application (Cosmetics, Personal care, Food, Medical, and others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and Rest of the World) - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2021- 2026

2. Market overview: Global Shea butter Market has been valued $ 1.19 million in the year 2019 and it is estimated to reach $1.86 million by the year 2026, with a CAGR of 6.6% from 2021 to 2026. Shea butter is known as vegetable oil or fat oil, Shea butter is produced from African Shea tree of sun-dried kernels. Shea butter are used in cosmetics, and also used in chocolate industry as an ingredient in cocoa butter alternatives. The usage of Shea butter as vegetable oil or fat oil in many cuisines has made a huge demand for Shea butter across the world. Shea butter is also used in cosmetics because it contains of ester resins which are highly recommended for skin repair and the sun's protection these are the main factors to have massive growth for Shea butter market. Market Drivers and Restrains: Demand for Shea butter is increasing due to usage of Shea butter as an alternative for cocoa butter in the Bakery and confectionery manufacturers and also used as vegetable oil in several food applications these factors help to have huge Shea butter market growth. In addition increase in the cosmetics and personal care products will rise the growth of Shea butter it is used in the cosmetic due to this the demand the for Shea butter is increasing. Shea butter contains fatty acids like stearic and oleic acids, and unsaponifiables, which have moisturizing and conditioning properties, these properties help to boost the market growth. The main drawback for Shea butter is due to the easy and low cost availability of Shea oil, avocado butter, and cupuacu butter these factors decreases the growth of the Shea butter market. The Shea butter is manly purchased by the consumers for producing cosmetics and chocolate formations

3. Download Sample Report @ https://www.marketdataforecast.com/market-reports/Shea- Butter-market/request-sample Report is segmented as: Shea butter Market is segmented Based on type and Based on Application: *Shea butter market is segmented on the basis of type into unrefined Shea butter and refined Shea butter. *Shea butter market is segmented on the basis of Application into cosmetics, private and personal care products, food, medical and other segment. Geographical Segmentation: Shea butter market is divided in the groundwork of regional evaluation into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Middle East & Africa has the dominant share in the world Shea butter market because of rapid urbanization and increasing disposable income levels are the factors to have huge growth for the market in this region. Europe is estimated to grow with a CAGR of 7.5% from 2021 to 2026.In Europe region consumption of chocolate and bakery products are very high these factors help to have huge Shea butter market share. Brose full report @ https://www.marketdataforecast.com/market- reports/Shea-Butter-market Impact of COVID-19 on Shea butter market: Covid -19 pandemic has affected their business in every sector and the demand for Shea butter has decreased. The spread of corona virus the government has implemented the lockdown in several

4. countries, many companies has shutdown and decreased the availability of Shea butter and stopped their production it has decreased the cosmetics and personal care products production and also affected the bakery items.