市場調查報告書
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1325332
全球乳木果油市場 - 2023-2030Global Shea Butter Market - 2023-2030 |
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全球乳木果油市場在 2022 年達到 21 億美元,預計到 2030 年將達到 33 億美元,2023-2030 年預測期間年複合成長率為 6.2%。在烘焙和糖果產品中擴大使用乳木果油作為可可脂和棕櫚油的替代品,正在推動全球乳木果油市場的成長。
人們對乳木果油治療優勢的認知不斷提高,增加了其在個人護理領域的使用。乳木果油作為基於天然成分的化妝品的使用的增加正在使乳木果油市場多樣化。例如, Crafters Choice 品牌於 2021 年 5 月推出了採用超精煉純乳木果油設計的個人護理產品。這些產品包括潤膚露和肥皂。
乳木果油是一種以其保濕、滋養和治療功效而聞名的天然成分,其需求量不斷增加。消費者對天然和有機護膚品的日益偏好促進了市場的擴張。乳木果油成分與可可相似的脂肪酸特徵正在增加其在食品中的使用。可可脂替代品需求的不斷成長可能會提振市場需求。
對乳木果油的需求不斷成長推動了全球乳木果油市場的成長。
在化妝品中使用乳木果油作為面霜、肥皂和乳液的替代成分,預計將支持該領域的成長。乳木果油用於食品、個人護理和其他領域。消費者日益成長的健康和美容意識推動了乳木果油等基於天然成分的化妝品的使用。乳木果油被認為是推動市場成長的奢侈護膚產品成分。
永續發展的重要性日益增加,導致對有機和天然化妝品的需求穩步成長。除了目前的應用之外,乳木果油的好處還在其他各個領域進行研究。預計這將擴大乳木果油的應用,並為推出幾種針對新適應症的新產品打開大門。
新產品的推出推動了全球乳木果油市場的成長。
乳木果油的基本功效的增加增加了其在食品和個人護理領域的使用。各種形式的乳木果油,例如未加工的、精製的和未精製的形式,可用於多種製劑中。化妝品和個人護理領域推出的產品數量不斷增加預計將推動市場的成長。例如,Beurre Shea Butter 護膚品牌於 2022 年 6 月在各種產品中使用乳木果油作為關鍵成分。
許多護膚品牌紛紛推出含有純有機乳木果油的護膚品,推動市場擴張。例如,2022年2月,Byrdie品牌推出了新系列護膚品Karite。純乳木果油用於各種必需品中,例如身體霜、潤唇膏和護手霜。這些產品具有抗氧化劑和抗炎特性。
高成本和替代品的可用性限制了市場成長。
乳木果油是一種多功能產品,在食品和個人護理領域有多種用途。隨著乳木果油在糖果和化妝品領域越來越受歡迎,其高價格預計將限制市場擴張。有許多更便宜的替代來源,如棕櫚油、鱷梨油等,阻礙了市場的成長。
乳木果油是一種昂貴的成分。它主要從非洲以高稅率出口。此外,用於製備乳木果油的加工和提取技術價格昂貴,使得生產成本很高。此外,產品供應量極少以及缺乏適合乳木果樹生產的環境條件限制了乳木果油市場的成長。
COVID-19 分析包括新冠疫情前情景、新冠疫情情景和新冠疫情后情景以及定價動態(包括大流行期間和大流行後與新冠疫情前情景進行比較的價格變化)、供需譜(需求和供應的變化)由於貿易限制、封鎖和後續問題)、政府舉措(政府機構振興市場、部門或行業的舉措)和製造商戰略舉措(此處將介紹製造商為緩解新冠疫情問題所做的努力)。
Global Shea Butter Market reached US$ 2.1 billion in 2022 and is expected to reach US$ 3.3 billion by 2030 growing with a CAGR of 6.2% during the forecast period 2023-2030. The growing use of shea butter as a replacement for cocoa butter and palm oil in bakery and confectionery products is driving the global shea butter market growth.
The increased awareness of the therapeutic advantages of shea butter increased its usage in the personal care sector. The increased use of shea butter as a natural ingredient-based cosmetic product is diversifying the shea butter market. For instance, the Crafters Choice brand launched personal care products that are designed with ultra-refined pure shea butter, in May 2021. The products include body lotion and soaps.
The demand for shea butter is increasing for being a natural ingredient known for its moisturizing, nourishing, and healing properties. The increasing consumer preference for natural and organic skincare products increases market expansion. The similar fatty acids profile of the shea butter composition to that of cocoa is increasing its use in food products. The rising demand for the need for cocoa butter substitutes is likely to boost the demand for the market.
The Growing Demand for Shea Butter Drives the Global Shea Butter Market Growth.
The use of shea butter in cosmetic products as an alternative ingredient in creams, soaps, and lotions, is expected to support the growth of the segment. Shea butter is used in food, personal care, and other sectors. The increasing health and beauty awareness among consumers drives the use of natural ingredient-based cosmetic products such as shea butter. Shea butter is considered a luxury skincare product ingredient driving market growth.
The increasing importance of sustainability has resulted in a steady increase in demand for organic and natural cosmetics. Aside from its current applications, the benefits of shea butter are being researched in various other areas. This is expected to broaden the applications of shea butter and open the door to the launch of several new products targeting newer indications.
New Product Launches Drive the Global Shea Butter Market Growth.
The rise in essential benefits of shea butter increased its use in the food and personal care sectors. Various forms of shea butter, such as raw, refined, and unrefined forms, are used in multiple preparations. The increasing number of product launches in the cosmetics and personal care segment is expected to drive the market's growth. For instance, the Beurre Shea Butter Skincare brand used shea butter as the key ingredient in the various products, in June 2022.
Many skincare brands are launching skin care products with pure and organic shea butter boosting the market expansion. For instance, in February 2022, the Byrdie brand launched Karite, a new line of skincare products. Pure shea butter is used in various essentials, such as body cream, lip balm, and hand cream. These products have antioxidants and anti-inflammatory properties.
The High Cost and the Availability of Substitutes Restrains Market Growth.
Shea butter is a versatile product with many uses in the food and personal care sectors. With the increasing popularity of shea butter in the confectionery and cosmetics sector, its high price is expected to restrain the market expansion. Many cheaper alternative sources, such as palm oil, avocado butter, and others, are available, hindering market growth.
The shea butter is an expensive ingredient. It is exported chiefly from Africa at a high tax rate. Also, the processing and extraction technologies used to prepare shea butter are expensive, making the production costs high. Furthermore, the minimal product availability and lack of presence of suitable environmental conditions for the production of shea trees restrains the growth of the shea butter market.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global shea butter market is segmented based on product, end-use industry, distribution channel, and region.
In the Global Shea Butter Market, the Food Segment Holds the Largest Market Share.
The global shea butter market has been segmented by product into food, cosmetics, and others. The food segment held the largest shea butter market share of 48.8% in 2022 in the shea butter market analysis report. The increasing use of shea better as a main ingredient in the food sector is increasing the target segment's growth.
The shea nut butter is used in the preparing stable and premium quality products. They are used to replace cocoa butter and palm oil in various applications such as snacks, desserts, chocolates, and others. It helps in enhancing the consistency, texture, and other properties of chocolate. The increased premiumization of food products is driving market growth.
The North America Region Held the Largest Shea Butter Market Share.
The global shea butter market is segmented into five parts based on geography: North America, South America, Europe, Asia-Pacific, the Middle East, and Africa. The North American shea butter market held the largest market share of 38.6% in 2022 in the shea butter market analysis. The increasing adoption of shea butter usage in the confectionery industry of this region is driving the market growth.
The rising demand for organic food products, and growing demand for eco-friendly and natural personal care products in this region. The increasing availability of many manufacturers and growing R&D spending on developing innovative shea butter applications across the cosmetics, pharmaceutical, and food sectors are boosting the market growth in this region.
The major global players in the market include Now Foods, The Organic Shea Butter Company, Eu'Genia Shea, New England Shea Butter LLC, Sekaf Ghana Ltd, The Savannah Fruits Company, Ghana Nuts Company Limited, Timiniya Tumna Company, AKOMA Corporative Multipurpose Society, and Cargill Inc.
The unprecedented COVID-19 pandemic in 2020 profoundly affected the food support and services industry. COVID-19 has considerably impacted the global food supply chain phases involving shea butter production, processing, distribution, and consumption due to lockdowns and restrictions imposed by various governments.
Everything has changed due to the COVID-19 epidemic. It has influenced practically every industry, whether positively or negatively. The COVID-19 pandemic's effects on world economic conditions have had an influence. They could impact interest rates, foreign exchange rates, commodities and energy prices, and the efficient operation of financial and capital markets.
The COVID-19 pandemic issue has had an impact on the food support and services industry as well. The COVID-19 pandemic is upending life, and the food support and service sector is seeing increased trends like shea butter. The food support and services businesses are launching innovative programs, including shea butter, that are straightforward to utilize.
The Global Shea Butter Market report would provide approximately 61 tables, 58 figures and 165 Pages.
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