The LAMEA Mango Butter Market would witness market growth of 14.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 456.1 tonnes, showcasing a growth of 15.3% (2023-2030).
In the Market, the term "refined" refers to a specific process that mango butter undergoes to improve its quality and characteristics for various applications. Refined butter is purified through methods such as filtering and deodorizing to remove impurities, Odors, and colour, resulting in a smoother texture and more neutral scent. Therefore, the Brazil market utilized 58.12 tonnes of refined Mango Butter in 2022.
The Brazil market dominated the LAMEA Mango Butter Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,388.1 Thousands by 2030. The Argentina market is showcasing a CAGR of 14.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13.7% during (2023 - 2030).
The butter is a natural conditioner for hair, helping moisturize and soften dry, brittle strands. It improves hair elasticity, reduces breakage, and enhances shine and manageability. It provides deep hydration, repairs damage, and soothes irritation, promoting healthy hair growth. Its mild flavor and creamy texture provide meals like stir fries, baking, and sautés depth and richness. It adds a tropical twist to desserts and confectionery products, including chocolates, truffles, cakes, cookies, and ice creams. It lends a smooth, creamy texture and a subtle fruity flavor, enhancing the taste and texture of sweet treats.
For its therapeutic properties, it is incorporated into topical pharmaceutical formulations, such as creams, ointments, and balms. It helps to soothe and heal dry, irritated skin conditions, including eczema, psoriasis, and dermatitis. The butter is used in dietary supplements and nutraceuticals for potential health benefits when consumed internally. It is high in vitamins, antioxidants, and critical fatty acids, which promote immune system function, digestion, cardiovascular health, and general wellness.
As per the International Trade Administration, the United Arab Emirates leads the Gulf Cooperation Council in eCommerce sales, which surged by 53% in 2020 to a record $3.9 billion, or 10% of overall retail sales. The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. The UAE has witnessed a rising demand for natural skincare products among consumers who prioritize health, wellness, and sustainability. E-commerce platforms offer UAE consumers convenient access to many skincare products, including those containing butter. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
Based on Application, the market is segmented into Cosmetics, Food, and Pharmaceutical. Based on Type, the market is segmented into Refined and Unrefined. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
In the Market, the term "refined" refers to a specific process that mango butter undergoes to improve its quality and characteristics for various applications. Refined butter is purified through methods such as filtering and deodorizing to remove impurities, Odors, and colour, resulting in a smoother texture and more neutral scent. Therefore, the Brazil market utilized 58.12 tonnes of refined Mango Butter in 2022.
The Brazil market dominated the LAMEA Mango Butter Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,388.1 Thousands by 2030. The Argentina market is showcasing a CAGR of 14.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13.7% during (2023 - 2030).
The butter is a natural conditioner for hair, helping moisturize and soften dry, brittle strands. It improves hair elasticity, reduces breakage, and enhances shine and manageability. It provides deep hydration, repairs damage, and soothes irritation, promoting healthy hair growth. Its mild flavor and creamy texture provide meals like stir fries, baking, and sautés depth and richness. It adds a tropical twist to desserts and confectionery products, including chocolates, truffles, cakes, cookies, and ice creams. It lends a smooth, creamy texture and a subtle fruity flavor, enhancing the taste and texture of sweet treats.
For its therapeutic properties, it is incorporated into topical pharmaceutical formulations, such as creams, ointments, and balms. It helps to soothe and heal dry, irritated skin conditions, including eczema, psoriasis, and dermatitis. The butter is used in dietary supplements and nutraceuticals for potential health benefits when consumed internally. It is high in vitamins, antioxidants, and critical fatty acids, which promote immune system function, digestion, cardiovascular health, and general wellness.
As per the International Trade Administration, the United Arab Emirates leads the Gulf Cooperation Council in eCommerce sales, which surged by 53% in 2020 to a record $3.9 billion, or 10% of overall retail sales. The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. The UAE has witnessed a rising demand for natural skincare products among consumers who prioritize health, wellness, and sustainability. E-commerce platforms offer UAE consumers convenient access to many skincare products, including those containing butter. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
Based on Application, the market is segmented into Cosmetics, Food, and Pharmaceutical. Based on Type, the market is segmented into Refined and Unrefined. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Hallstar Innovations Corp.
- Jarchem Innovative Industries LLC (Vertellus Holdings LLC)
- Avi Naturals
- Natural Sourcing Company
- Ekologie Forte Pvt. Ltd.
- All Organic Treasures GmbH
- Manorama Industries Limited
- Alzo International Inc.
- Henry Lamotte Food GmbH
- Madina Industrial Corp.
Market Report Segmentation
By Application (Volume, Tonnes, USD Million, 2019-2030)- Cosmetics
- Food
- Pharmaceutical
- Refined
- Unrefined
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Mango Butter Market by Application
Chapter 5. LAMEA Mango Butter Market by Type
Chapter 6. LAMEA Mango Butter Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Hallstar Innovations Corp.
- Jarchem Innovative Industries LLC (Vertellus Holdings LLC)
- Avi Naturals
- Natural Sourcing Company
- Ekologie Forte Pvt. Ltd.
- All Organic Treasures GmbH
- Manorama Industries Limited
- Alzo International Inc.
- Henry Lamotte Food GmbH
- Madina Industrial Corp.
Methodology
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