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Global Shea Butter Market (2023-2028) Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 200 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5503397

Using shea butter in cosmetic products has increased in the past few years due to its high moisturizing effect

The Global Shea Butter Market is estimated to be USD 1.64 Bn in 2023 and is expected to reach USD 2.11 Bn by 2028 growing at a CAGR of 5.08%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Shea Butter Market is segmented based on Flavor, Category, Species, Grade, Distribution Channels, Applications, and Geography.
  • By Flavor, the market is classified into Refined and Unrefined/Raw.
  • By Category, the market is classified into Conventional and Organic.
  • By Species, the market is classified into Vitellaria Nilotica and Vitellaria Paradoxa.
  • By Grade, the market is classified into Grade A, Grade B, Grade C, Grade D, and Grade E.
  • By Distribution Channels, the market is classified into Supermarkets and Hypermarkets, Convenience Stores, and Online Stores.
  • By Applications, the market is classified into Food & Beverages, Personal Care, Pharmaceuticals.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are BASF SE, Cargill, Inc., Croda International PLC, Shebu Industries Ltd., Vink Chemicals GmbH & Co. Kg, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Shea Butter Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Shea Butter Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Shea Butter Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increased Usage of Shea Butter in Baked Products
4.1.2 Surging Demand for Coco Butter Alternative
4.1.3 High Healing Factor
4.1.4 Growing Awareness About Its Benefits
4.2 Restraints
4.2.1 The High Costs of Shea Butter Products
4.2.2 Regulatory Framework Issues
4.3 Opportunities
4.3.1 Growing Usage in Personal Care and Cosmetics Applications
4.3.2 Growing Demand for Natural Ingredients Products
4.4 Challenges
4.4.1 High Latex Contain Leads to Numerous Problems
4.4.2 Availability of Substitutes
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Shea Butter Market, By Flavor
6.1 Introduction
6.2 Refined
6.3 Unrefined/Raw
7 Global Shea Butter Market, By Category
7.1 Introduction
7.2 Conventional
7.3 Organic
8 Global Shea Butter Market, By Species
8.1 Introduction
8.2 Vitellaria Nilotica
8.3 Vitellaria Paradoxa
9 Global Shea Butter Market, By Grade
9.1 Introduction
9.2 Grade A
9.3 Grade B
9.4 Grade C
9.5 Grade D
9.6 Grade E
10 Global Shea Butter Market, By Distribution Channels
10.1 Introduction
10.2 Supermarkets and Hypermarkets
10.3 Convenience Stores
10.4 Online Stores
11 Global Shea Butter Market, By Applications
11.1 Introduction
11.2 Food & Beverages
11.2.1 Bakery & Confectionery
11.2.2 Cream
11.3 Personal Care
11.3.1 Lotions & Creams
11.3.2 Lip Balm & Lipsticks
11.3.3 Sun Care Products
11.3.4 Soaps & Toiletries
11.3.5 Cleaners
11.3.6 Shampoo & Conditioners
12 Americas' Shea Butter Market
12.1 Introduction
12.2 Argentina
12.3 Brazil
12.4 Canada
12.5 Chile
12.6 Colombia
12.7 Mexico
12.8 Peru
12.9 United States
12.10 Rest of Americas
13 Europe's Shea Butter Market
13.1 Introduction
13.2 Austria
13.3 Belgium
13.4 Denmark
13.5 Finland
13.6 France
13.7 Germany
13.8 Italy
13.9 Netherlands
13.10 Norway
13.11 Poland
13.12 Russia
13.13 Spain
13.14 Sweden
13.15 Switzerland
13.16 United Kingdom
13.17 Rest of Europe
14 Middle East and Africa's Shea Butter Market
14.1 Introduction
14.2 Egypt
14.3 Israel
14.4 Qatar
14.5 Saudi Arabia
14.6 South Africa
14.7 United Arab Emirates
14.8 Rest of MEA
15 APAC's Shea Butter Market
15.1 Introduction
15.2 Australia
15.3 Bangladesh
15.4 China
15.5 India
15.6 Indonesia
15.7 Japan
15.8 Malaysia
15.9 Philippines
15.10 Singapore
15.11 South Korea
15.12 Sri Lanka
15.13 Thailand
15.14 Taiwan
15.15 Rest of Asia-Pacific
16 Competitive Landscape
16.1 Competitive Quadrant
16.2 Market Share Analysis
16.3 Strategic Initiatives
16.3.1 M&A and Investments
16.3.2 Partnerships and Collaborations
16.3.3 Product Developments and Improvements
17 Company Profiles
17.1 AAK AB
17.2 Aethon International LLP
17.3 Agrobotanicals, LLC
17.4 Akoma Cooperative Multipurpose Society
17.5 Aos Product Pvt. Ltd.
17.6 Baraka Shea Butter
17.7 BASF SE
17.8 Bulk Apothecary
17.9 Bunge Ltd.
17.10 Cargill, Inc.
17.11 Clariant Ag
17.12 Cornelius Group PLC
17.13 Croda International PLC
17.14 Empower Village LLC
17.15 Ghana Nuts Co. Ltd.
17.16 International Oils & Fats Ltd.
17.17 J.A.M. Distributing Company
17.18 Jedwards International, Inc.
17.19 Pameri Organic Malaysia Sdn Bhd
17.20 Shea Radiance
17.21 Shebu Industries Ltd.
17.22 Sophim SA
17.23 Suru Chemicals & Pharmaceuticals Pvt. Ltd.
17.24 The Organic Shea Butter Co.
17.25 The Savannah Fruits Co.
17.26 Timiniya Tumna Co.
17.27 Vermont Soap
17.28 Vink Chemicals GmbH & Co. Kg
18 Appendix
18.1 Questionnaire

Companies Mentioned

  • AAK AB
  • Aethon International LLP
  • Agrobotanicals, LLC
  • Akoma Cooperative Multipurpose Society
  • Aos Product Pvt. Ltd.
  • Baraka Shea Butter
  • Bulk Apothecary
  • Bunge Ltd.
  • Cargill, Inc.
  • Clariant Ag
  • Cornelius Group PLC
  • Croda International PLC
  • Empower Village LLC
  • Ghana Nuts Co. Ltd.
  • International Oils & Fats Ltd.
  • J.A.M. Distributing Company
  • Jedwards International, Inc.
  • Pameri Organic Malaysia Sdn Bhd
  • Shea Radiance
  • Shebu Industries Ltd.
  • Sophim SA
  • Suru Chemicals & Pharmaceuticals Pvt. Ltd.
  • The Organic Shea Butter Co.
  • The Savannah Fruits Co.
  • Timiniya Tumna Co.
  • Vermont Soap
  • Vink Chemicals GmbH & Co. Kg

Table Information