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Global Mango Butter Market Size, Share & Trends Analysis Report By Application (Cosmetics, Food, and Pharmaceutical), By Type (Refined and Unrefined), By Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 211 Pages
  • March 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953624
Description Jump to:
The Global Mango Butter Market size is expected to reach $283.6 million by 2030, rising at a market growth of 11.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,667.5 tonnes, experiencing a growth of 11.4% (2019-2022).

European consumers increasingly seek natural and organic alternatives in their skincare, haircare, and food products. Consequently, the Europe segment captured $46,757.3 thousand in the market in 2022. Also, the UK market consumed 255.47 tonnes of Mango Butter in 2022. The clean beauty movement, characterized by using non-toxic, eco-friendly ingredients, is gaining momentum in Europe. Plant-based diets are becoming increasingly popular in the region due to growing concerns about animal welfare, sustainability, and health.



It presents a sustainable and ethical alternative for consumers searching for cruelty-free alternatives, in line with the increasing demand for plant-based alternatives. For example, according to the National Library of Medicine’s 2021 update, the proportion of vegan Americans rose by 600% between 2014 and 2018. Therefore, the market is expanding significantly due to the growing preference for plant-based and vegan alternatives.

Additionally, unlike physical retail stores with set operating hours, online retail platforms are accessible 24/7, allowing consumers to shop for mango butter products at any time of the day or night. As per the International Trade Administration, global e-commerce sales for B2B businesses have gradually increased over the last decade, with the global B2B e-commerce industry expected to be worth USD$36 trillion by 2026. Hence, rapid shift toward online retail expansion has been a pivotal factor in driving the growth of the market.

However, its production is directly linked to the supply and harvest of mangoes, which are subject to seasonal fluctuations and weather conditions. Any disruptions in mango cultivation, such as adverse weather events, pests, diseases, or crop failures, can lead to fluctuations in the supply and prices. Thus, high price volatility and cost concerns can slow down the growth of the market.

By Application Analysis

Based on application, the market is classified into cosmetics, food, and pharmaceutical. The pharmaceutical segment acquired a 17.81% revenue share in the market in 2022. In terms of volume, pharmaceutical segment would register 1,952.4 tonnes by 2030. It is known for improving skin elasticity and promoting collagen production, making it beneficial for scar and stretch mark treatment.



By Type Analysis

By type, the market is categorized into refined and unrefined. In 2022, the refined segment held the 70.92% revenue share in the market. In terms of volume, refined segment would consume 6,341.9 tonnes by 2030. Refined mango butter is preferred for cosmetics and skincare formulations due to its superior quality and consistency.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired a 24.41% revenue share in the market. In terms of volume, pharmaceutical segment make use of 938.0 tonnes in 2022. Asia Pacific consumers increasingly seek natural and organic alternatives in their food, cosmetics, and personal care products.

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
By Type (Volume, Tonnes, USD Million, 2019-2030)
  • Refined
  • Unrefined
By Geography (Volume, Tonnes, USD Million, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Mango Butter Market, by Application
1.4.2 Global Mango Butter Market, by Type
1.4.3 Global Mango Butter Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Global Mango Butter Market by Application
4.1 Global Cosmetics Market by Region
4.2 Global Food Market by Region
4.3 Global Pharmaceutical Market by Region
Chapter 5. Global Mango Butter Market by Type
5.1 Global Refined Market by Region
5.2 Global Unrefined Market by Region
Chapter 6. Global Mango Butter Market by Region
6.1 North America Mango Butter Market
6.1.1 North America Mango Butter Market by Application
6.1.1.1 North America Cosmetics Market by Country
6.1.1.2 North America Food Market by Country
6.1.1.3 North America Pharmaceutical Market by Country
6.1.2 North America Mango Butter Market by Type
6.1.2.1 North America Refined Market by Country
6.1.2.2 North America Unrefined Market by Country
6.1.3 North America Mango Butter Market by Country
6.1.3.1 US Mango Butter Market
6.1.3.1.1 US Mango Butter Market by Application
6.1.3.1.2 US Mango Butter Market by Type
6.1.3.2 Canada Mango Butter Market
6.1.3.2.1 Canada Mango Butter Market by Application
6.1.3.2.2 Canada Mango Butter Market by Type
6.1.3.3 Mexico Mango Butter Market
6.1.3.3.1 Mexico Mango Butter Market by Application
6.1.3.3.2 Mexico Mango Butter Market by Type
6.1.3.4 Rest of North America Mango Butter Market
6.1.3.4.1 Rest of North America Mango Butter Market by Application
6.1.3.4.2 Rest of North America Mango Butter Market by Type
6.2 Europe Mango Butter Market
6.2.1 Europe Mango Butter Market by Application
6.2.1.1 Europe Cosmetics Market by Country
6.2.1.2 Europe Food Market by Country
6.2.1.3 Europe Pharmaceutical Market by Country
6.2.2 Europe Mango Butter Market by Type
6.2.2.1 Europe Refined Market by Country
6.2.2.2 Europe Unrefined Market by Country
6.2.3 Europe Mango Butter Market by Country
6.2.3.1 Germany Mango Butter Market
6.2.3.1.1 Germany Mango Butter Market by Application
6.2.3.1.2 Germany Mango Butter Market by Type
6.2.3.2 UK Mango Butter Market
6.2.3.2.1 UK Mango Butter Market by Application
6.2.3.2.2 UK Mango Butter Market by Type
6.2.3.3 France Mango Butter Market
6.2.3.3.1 France Mango Butter Market by Application
6.2.3.3.2 France Mango Butter Market by Type
6.2.3.4 Russia Mango Butter Market
6.2.3.4.1 Russia Mango Butter Market by Application
6.2.3.4.2 Russia Mango Butter Market by Type
6.2.3.5 Spain Mango Butter Market
6.2.3.5.1 Spain Mango Butter Market by Application
6.2.3.5.2 Spain Mango Butter Market by Type
6.2.3.6 Italy Mango Butter Market
6.2.3.6.1 Italy Mango Butter Market by Application
6.2.3.6.2 Italy Mango Butter Market by Type
6.2.3.7 Rest of Europe Mango Butter Market
6.2.3.7.1 Rest of Europe Mango Butter Market by Application
6.2.3.7.2 Rest of Europe Mango Butter Market by Type
6.3 Asia Pacific Mango Butter Market
6.3.1 Asia Pacific Mango Butter Market by Application
6.3.1.1 Asia Pacific Cosmetics Market by Country
6.3.1.2 Asia Pacific Food Market by Country
6.3.1.3 Asia Pacific Pharmaceutical Market by Country
6.3.2 Asia Pacific Mango Butter Market by Type
6.3.2.1 Asia Pacific Refined Market by Country
6.3.2.2 Asia Pacific Unrefined Market by Country
6.3.3 Asia Pacific Mango Butter Market by Country
6.3.3.1 China Mango Butter Market
6.3.3.1.1 China Mango Butter Market by Application
6.3.3.1.2 China Mango Butter Market by Type
6.3.3.2 Japan Mango Butter Market
6.3.3.2.1 Japan Mango Butter Market by Application
6.3.3.2.2 Japan Mango Butter Market by Type
6.3.3.3 India Mango Butter Market
6.3.3.3.1 India Mango Butter Market by Application
6.3.3.3.2 India Mango Butter Market by Type
6.3.3.4 South Korea Mango Butter Market
6.3.3.4.1 South Korea Mango Butter Market by Application
6.3.3.4.2 South Korea Mango Butter Market by Type
6.3.3.5 Singapore Mango Butter Market
6.3.3.5.1 Singapore Mango Butter Market by Application
6.3.3.5.2 Singapore Mango Butter Market by Type
6.3.3.6 Malaysia Mango Butter Market
6.3.3.6.1 Malaysia Mango Butter Market by Application
6.3.3.6.2 Malaysia Mango Butter Market by Type
6.3.3.7 Rest of Asia Pacific Mango Butter Market
6.3.3.7.1 Rest of Asia Pacific Mango Butter Market by Application
6.3.3.7.2 Rest of Asia Pacific Mango Butter Market by Type
6.4 LAMEA Mango Butter Market
6.4.1 LAMEA Mango Butter Market by Application
6.4.1.1 LAMEA Cosmetics Market by Country
6.4.1.2 LAMEA Food Market by Country
6.4.1.3 LAMEA Pharmaceutical Market by Country
6.4.2 LAMEA Mango Butter Market by Type
6.4.2.1 LAMEA Refined Market by Country
6.4.2.2 LAMEA Unrefined Market by Country
6.4.3 LAMEA Mango Butter Market by Country
6.4.3.1 Brazil Mango Butter Market
6.4.3.1.1 Brazil Mango Butter Market by Application
6.4.3.1.2 Brazil Mango Butter Market by Type
6.4.3.2 Argentina Mango Butter Market
6.4.3.2.1 Argentina Mango Butter Market by Application
6.4.3.2.2 Argentina Mango Butter Market by Type
6.4.3.3 UAE Mango Butter Market
6.4.3.3.1 UAE Mango Butter Market by Application
6.4.3.3.2 UAE Mango Butter Market by Type
6.4.3.4 Saudi Arabia Mango Butter Market
6.4.3.4.1 Saudi Arabia Mango Butter Market by Application
6.4.3.4.2 Saudi Arabia Mango Butter Market by Type
6.4.3.5 South Africa Mango Butter Market
6.4.3.5.1 South Africa Mango Butter Market by Application
6.4.3.5.2 South Africa Mango Butter Market by Type
6.4.3.6 Nigeria Mango Butter Market
6.4.3.6.1 Nigeria Mango Butter Market by Application
6.4.3.6.2 Nigeria Mango Butter Market by Type
6.4.3.7 Rest of LAMEA Mango Butter Market
6.4.3.7.1 Rest of LAMEA Mango Butter Market by Application
6.4.3.7.2 Rest of LAMEA Mango Butter Market by Type
Chapter 7. Company Profiles
7.1 Hallstar Innovations Corp.
7.1.1 Company Overview
7.2 Jarchem Innovative Industries LLC (Vertellus Holdings LLC)
7.2.1 Company Overview
7.3 Avi Naturals
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Natural Sourcing Company
7.4.1 Company Overview
7.5 Ekologie Forte Pvt. Ltd.
7.5.1 Company Overview
7.6 All Organic Treasures GmbH
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Manorama Industries Limited
7.7.1 Company Overview
7.7.2 Financial Analysis
7.8 Alzo International Inc.
7.8.1 Company Overview
7.9 Henry Lamotte Food GmbH
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Madina Industrial Corp.
7.10.1 Company Overview
Chapter 8. Winning Imperatives of Mango Butter Market

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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