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Murumuru Butter Market By Nature, By End User, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 250 Pages
  • October 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725297
The global murumuru butter market size was valued at $802 million in 2021, and is projected to reach $1.8 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031. Murumuru butter is one of the best organic ingredients currently used in the cosmetics industry. It was found in the Amazon rainforests of Brazil and is made from Murmur palms. This versatile butter has a creamy, yellowish texture and a distinctive aroma that is overwhelming for some. Studies have shown that this butter is rich in oleic acid, fatty acids, vitamin A, and anti-inflammatory and antibacterial effects. Murumuru butter is the best natural skin care product owing to the presence of vitamins A and C in breast milk, omega 3,6, 9, and 47% lauric acid. This butter also contains seven other essential acids that help rebuild bodybuilding and skin. Some of these acids include myristic acid, oleic acid, linoleic acid, and palmitic acid. The combination of these acids and other ingredients makes murumuru butter a natural moisturizer for sensitive skin.

The murumuru butter market is segmented on the basis of nature, end user, distribution channel, and region. On the basis of, the market is divided into conventional and organic. On the basis of end user, it is classified into haircare, skincare, and lip care. On the basis of distribution channel, the market is divided into B2B and B2C.

On the basis of region, the market is analyzed across North America (the U. S., Canada, and Mexico), Europe (UK, Italy, Spain, Russia, Turkey and the Rest of Europe), Asia-Pacific (China, Japan, India, Thailand, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, United Arab Emirates, and Rest of LAMEA).

The impact of the COVID-19 outbreak was quite negative on the growth of the global murumuru butter market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. The recovery of the murumuru butter market is expected in near future.

In North America and Europe, the murumuru butter market has witnessed a higher penetration rate. However, this product has low availability in some major areas of Asia-Pacific, which can be attributed to poor macroeconomic variables such as low internet penetration and inadequate marketing techniques by market players. As a result, the expansion of the murumuru butter market is constrained by a lack of such products.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2020 to 2031 to assist to identify the prevailing market opportunities.
  • Major countries in each region are mapped according to the individual market revenue.
  • The region-wise and country-wise murumuru butter market conditions are comprehensively analyzed.
  • This study evaluates the

    Competitive Landscape

    and the value chain analysis to understand the competitive environment across geographies.
  • An in-depth analysis of each segment of the murumuru butter market is provided to assist the prevailing market opportunities.

Key Market Segments

  • By Nature
  • Conventional
  • Organic
  • By End-User
  • Haircare
  • Skincare
  • Lip Care
  • By Distribution Channel
  • B2B
  • B2C

By Region

North America
U. S.

Canada
Mexico
Europe
UK
Italy
Spain
Russia
Turkey
Rest of Europe
Asia-Pacific
China
Japan
India
Thailand
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
United Arab Emirates
Rest of LAMEA

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the murumuru butter market analysis from 2021 to 2031 to identify the prevailing murumuru butter market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the murumuru butter market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global murumuru butter market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Nature

  • Conventional
  • Organic

By End User

  • Hair Care
  • Skin Care
  • Lip Care

By Distribution Channel

  • B2B
  • B2C

By Region

  • North America
  • U. S.
  • Canada
  • Mexico
  • Europe
  • U. K.
  • Italy
  • Spain
  • Russia
  • Turkey
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Thailand
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Rest of LAMEA

Key Market Players

  • Citróleo Groups
  • Natural Products
  • Jarchem Industries
  • Beraca Ingredientes Naturais SA
  • Lush Retail
  • Natural Sourcing
  • Crafters Choice Brands
  • Vigon International
  • O&3
  • Hallstar
  • Henry Lamotte Oils GmbH
  • Gracefruit
  • Parchem fine & speciality chemical
  • Mystic Moments
  • Jadeward International
  • Paris Fragnance USA
Frequently Asked Questions about the Global Murumuru Butter Market

What is the estimated value of the Global Murumuru Butter Market?

The Global Murumuru Butter Market was estimated to be valued at $802 million in 2021.

What is the growth rate of the Global Murumuru Butter Market?

The growth rate of the Global Murumuru Butter Market is 8.4%, with an estimated value of $1800 million by 2031.

What is the forecasted size of the Global Murumuru Butter Market?

The Global Murumuru Butter Market is estimated to be worth $1800 million by 2031.

Who are the key companies in the Global Murumuru Butter Market?

Key companies in the Global Murumuru Butter Market include Citróleo Groups, Natural Products, Jarchem Industries, Beraca Ingredientes Naturais SA, Lush Retail, Natural Sourcing, Crafters Choice Brands, Vigon International, O&3 and Hallstar.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: MURUMURU BUTTER MARKET, BY NATURE
4.1 Overview
4.1.1 Market size and forecast
4.2 Conventional
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Organic
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: MURUMURU BUTTER MARKET, BY END USER
5.1 Overview
5.1.1 Market size and forecast
5.2 Hair Care
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Skin Care
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Lip Care
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country

CHAPTER 6: MURUMURU BUTTER MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 B2B
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 B2C
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: MURUMURU BUTTER MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Nature
7.2.3 North America Market size and forecast, by End User
7.2.4 North America Market size and forecast, by Distribution Channel
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Market size and forecast, by Nature
7.2.5.1.2 Market size and forecast, by End User
7.2.5.1.3 Market size and forecast, by Distribution Channel
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Nature
7.2.5.2.2 Market size and forecast, by End User
7.2.5.2.3 Market size and forecast, by Distribution Channel
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Nature
7.2.5.3.2 Market size and forecast, by End User
7.2.5.3.3 Market size and forecast, by Distribution Channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Nature
7.3.3 Europe Market size and forecast, by End User
7.3.4 Europe Market size and forecast, by Distribution Channel
7.3.5 Europe Market size and forecast, by country
7.3.5.1 U. K.
7.3.5.1.1 Market size and forecast, by Nature
7.3.5.1.2 Market size and forecast, by End User
7.3.5.1.3 Market size and forecast, by Distribution Channel
7.3.5.2 Italy
7.3.5.2.1 Market size and forecast, by Nature
7.3.5.2.2 Market size and forecast, by End User
7.3.5.2.3 Market size and forecast, by Distribution Channel
7.3.5.3 Spain
7.3.5.3.1 Market size and forecast, by Nature
7.3.5.3.2 Market size and forecast, by End User
7.3.5.3.3 Market size and forecast, by Distribution Channel
7.3.5.4 Russia
7.3.5.4.1 Market size and forecast, by Nature
7.3.5.4.2 Market size and forecast, by End User
7.3.5.4.3 Market size and forecast, by Distribution Channel
7.3.5.5 Turkey
7.3.5.5.1 Market size and forecast, by Nature
7.3.5.5.2 Market size and forecast, by End User
7.3.5.5.3 Market size and forecast, by Distribution Channel
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Nature
7.3.5.6.2 Market size and forecast, by End User
7.3.5.6.3 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Nature
7.4.3 Asia-Pacific Market size and forecast, by End User
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Nature
7.4.5.1.2 Market size and forecast, by End User
7.4.5.1.3 Market size and forecast, by Distribution Channel
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Nature
7.4.5.2.2 Market size and forecast, by End User
7.4.5.2.3 Market size and forecast, by Distribution Channel
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Nature
7.4.5.3.2 Market size and forecast, by End User
7.4.5.3.3 Market size and forecast, by Distribution Channel
7.4.5.4 Thailand
7.4.5.4.1 Market size and forecast, by Nature
7.4.5.4.2 Market size and forecast, by End User
7.4.5.4.3 Market size and forecast, by Distribution Channel
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Nature
7.4.5.5.2 Market size and forecast, by End User
7.4.5.5.3 Market size and forecast, by Distribution Channel
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Nature
7.4.5.6.2 Market size and forecast, by End User
7.4.5.6.3 Market size and forecast, by Distribution Channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Nature
7.5.3 LAMEA Market size and forecast, by End User
7.5.4 LAMEA Market size and forecast, by Distribution Channel
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Nature
7.5.5.1.2 Market size and forecast, by End User
7.5.5.1.3 Market size and forecast, by Distribution Channel
7.5.5.2 Argentina
7.5.5.2.1 Market size and forecast, by Nature
7.5.5.2.2 Market size and forecast, by End User
7.5.5.2.3 Market size and forecast, by Distribution Channel
7.5.5.3 UAE
7.5.5.3.1 Market size and forecast, by Nature
7.5.5.3.2 Market size and forecast, by End User
7.5.5.3.3 Market size and forecast, by Distribution Channel
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Nature
7.5.5.4.2 Market size and forecast, by End User
7.5.5.4.3 Market size and forecast, by Distribution Channel

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Citróleo Groups
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Natural Products
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Jarchem Industries
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Beraca Ingredientes Naturais SA
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Lush Retail
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Natural Sourcing
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Crafters Choice Brands
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Vigon International
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 O&3
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Hallstar
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Henry Lamotte Oils GmbH
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Gracefruit
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Parchem fine & speciality chemical
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Mystic Moments
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Jadeward International
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 Paris Fragnance USA
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Murumuru Butter Market,' the murumuru butter market size was valued at $802.00 million in 2021, and is estimated to reach $1.8 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031.

Murumuru butter is made from the fruit and fat of murumuru nuts. Nuts fall from tall palm trees that grow everywhere in moist soil and moist pools. They are usually made in Belem at the mouth of the Amazon and are abundant there. Similar to coconut oil, murumuru butter is known for its nutritious properties and it has multiple benefits for skin, hair, and lips. Murumuru butter is an effective moisturizing ingredient for dry and rough skin as an exceptional emollient. Clients can use murumuru butter to remove curly hair, similar to conditioners. Compared to coconut oil and cocoa butter, it is less prone to acne and can be used by people with acne-prone skin. Murumuru butter reduces signs of aging such as fine lines and wrinkles over time. It also treats skin conditions such as eczema and psoriasis.

Since murumuru butter is a moisturizing and healing ingredient, Garshick who is a board-certified general medical dermatologist and cosmetics dermatology says it can be stacked with most other ingredients.'When used with moisturizers such as hyaluronic acid and glycerin, it is especially effective because it helps absorb water and murumuru helps keep that water in place,' she says. Patel points out that murumuru butter also works well with other emollients such as cocoa butter, shea butter, avocado oil, vitamin E, and coconut oil. Murumuru is a light butter. Therefore, it is best used for the following hair types: wavy hair, fine hair, low porosity hair, and non-thick hair. the murumuru butter is expected to continue to rise as a result of the hectic lifestyle.

The availability of murumuru butter on any kind of online site, supermarket, hypermarkets, or cosmetics store is predicted to boost the global murumuru butter market. The murumuru butter entices customers with its wide range of products, propelling the global murumuru butter market. Furthermore, murumuru butter offers not only skin or air problems but also produces lots of makeup products, such as contour, and concealer, which contribute to the market growth.

According to the global murumuru butter analysis, the market is segmented on the basis of nature, end user, distribution channel, and region. On the basis of nature, the market is classified into conventional and organic. The conventional segment occupied the major share of the market in 2020 and is projected to maintain their dominance during the forecast period. The organic segment of murumuru butter market is anticipated to grow at the highest CAGR in the future.

On the basis of end-user, the market is segmented into haircare, skincare, and lip care. The haircare segment is anticipated to grow at the highest rate during the forecast period, owing to the trend of using cosmetics for benefits. Moreover, the market for skincare and lip care products are anticipated to grow at the highest CAGR in future.

On the basis of distribution channel, it is categorized into B2B and B2C. The B2C segment is anticipated to dominate the market during the forecast period, due to the rise in online sites, variety stores and high disposable income of people.

In 2021, North America accounted for more than half the share of the global murumuru butter market and is expected to maintain its dominance during the forecast period. Moreover, Asia-Pacific and LAMEA are expected to possess the highest CAGRs, owing to the surge in demand for cosmetics products in the market.

Surge in demand for cosmetics due to hectic lifestyles, increase in the use of murumuru butter, rise in technological advancements, and surge in demand for murumuru butter from the retail industry and online sites are factors driving the growth of the global murumuru butter market.

Porter's five forces analysis for the murumuru butter market trends highlights market competition in terms of the power of buyers, suppliers, manufacturers, and new entrants.

Furthermore, a shift in the living standards of the consumers, as well as an increase in the per capita income of the consumers have resulted in the launch of new products and the entry of new players in the market during the forecast period.

The impact of the COVID-19 pandemic on the murumuru butter market growth was negative, due to the supply chain disruption. All manufacturing and production units were halted during the outbreak. In addition, trade restrictions and travel restrictions hindered the growth of the global murumuru butter market demand.

The major players analyzed for the global murumuru butter industry jarchem industries, Inc., Liberty Natural Products, Caribbean Natural Products Inc, BERACA INGREDIENTS NATURAIS SA, LUSH RETAIL LIMITED, NSI Group, LLC, Vigon International, Inc, Hallstar Company, H.F.Ed. Meyer GmbH & Co. KG , O&3 Limited . These major market players have adopted various strategies such as collaboration to expand their market reach. The new market players are also entering the market with the latest and advanced versions of murumuru butter products.

KEY FINDINGS OF THE STUDY

By nature, conventional murumuru butter was the highest contributors for the market in 2021, and is anticipated to grow at a significant CAGR of 8.3% during the forecast period.

By end user, the haircare segment is expected to witness growth at a CAGR of 9.1%, in terms of value, during the forecast period.

By distribution channel, the B2C segment is anticipated to witness growth at a CAGR of 8.9% during the forecast period.

Region-wise, North America was the dominant region in 2021, occupying more than half of the murumuru butter market share

Companies Mentioned

  • Citróleo Groups
  • Natural Products
  • Jarchem Industries
  • Beraca Ingredientes Naturais SA
  • Lush Retail
  • Natural Sourcing
  • Crafters Choice Brands
  • Vigon International
  • O&3
  • Hallstar
  • Henry Lamotte Oils GmbH
  • Gracefruit
  • Parchem Fine & Speciality Chemical
  • Mystic Moments
  • Jadeward International
  • Paris Fragnance Usa

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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