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Asia Pacific Shea Butter Market Size, Share & Industry Trends Analysis Report By Product (Raw & Unrefined and Refined), By Application (Cosmetics & Personal Care, Food and Others), By Country and Growth Forecast, 2022 - 2028

Published Date : 31-Dec-2022

Pages: 66

Formats: PDF

The Asia Pacific Shea Butter Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).

Companies present in the beauty and personal care industry are launching more and more products formulated with shea butter. This rise is mainly accountable to the growing demand of consumers for natural, organic, and sustainable products. In addition, the high anti-inflammatory and antioxidant profile of shea butter make it ideal for developing body creams, lip balms, and hand creams. This further establishes the prominence of shea butter as an essential ingredient for the development of various skincare and cosmetic products.

Rising demand for substitutes for cocoa butter and increasing consumption of bakery and cocoa products are evolving as the major contributor to the market expansion. Shea butter is considered to be healthier than cocoa butter, and as a result, its use in the food industry has increased primarily as a substitute for edible vegetable fats and oils.

This region is one of the most dynamic and diverse markets in the beauty and cosmetic industries in the world. This is in regard to general categories like sun care, skin care, color cosmetics, hair care, fragrances, and deodorants which are the most demanded products by the consumers of the region. Consumers in the Asia Pacific region have become more conscious of synthetic chemicals used in toiletries and cosmetics. Hence, they are turning to organic and natural cosmetics as such products are seen as authentic and premium products.

The China market dominated the Asia Pacific Shea Butter Market by Country in 2021; thereby, achieving a market value of $266.8 million by 2028. The Japan market is anticipated to grow at a CAGR of 6.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.1% during (2022 - 2028).

Based on Product, the market is segmented into Raw & Unrefined and Refined. Based on Application, the market is segmented into Cosmetics & Personal Care, Food and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Shea Butter Market is Projected to reach USD 3 Billion by 2028, at a CAGR of 7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AAK AB, Bunge Limited, BASF SE, Archer-Daniels-Midland Company, Clariant AG, Croda International PLC, Cargill, Incorporated, Stern-Wywiol Gruppe GmbH & Co. KG, OLVEA Group, 3F Industries Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Product

  • Raw & Unrefined
  • Refined

By Application

  • Cosmetics & Personal Care
  • Food
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • AAK AB
  • Bunge Limited
  • BASF SE
  • Archer-Daniels-Midland Company
  • Clariant AG
  • Croda International PLC
  • Cargill, Incorporated
  • Stern-Wywiol Gruppe GmbH & Co. KG
  • OLVEA Group
  • 3F Industries Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Shea Butter Market, by Product
1.4.2 Asia Pacific Shea Butter Market, by Application
1.4.3 Asia Pacific Shea Butter Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Shea Butter Market by Product
3.1 Asia Pacific Raw & Unrefined Market by Country
3.2 Asia Pacific Refined Market by Country

Chapter 4. Asia Pacific Shea Butter Market by Application
4.1 Asia Pacific Cosmetics & Personal Care Market by Country
4.2 Asia Pacific Food Market by Country
4.3 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Shea Butter Market by Country
5.1 China Shea Butter Market
5.1.1 China Shea Butter Market by Product
5.1.2 China Shea Butter Market by Application
5.2 Japan Shea Butter Market
5.2.1 Japan Shea Butter Market by Product
5.2.2 Japan Shea Butter Market by Application
5.3 India Shea Butter Market
5.3.1 India Shea Butter Market by Product
5.3.2 India Shea Butter Market by Application
5.4 South Korea Shea Butter Market
5.4.1 South Korea Shea Butter Market by Product
5.4.2 South Korea Shea Butter Market by Application
5.5 Singapore Shea Butter Market
5.5.1 Singapore Shea Butter Market by Product
5.5.2 Singapore Shea Butter Market by Application
5.6 Malaysia Shea Butter Market
5.6.1 Malaysia Shea Butter Market by Product
5.6.2 Malaysia Shea Butter Market by Application
5.7 Rest of Asia Pacific Shea Butter Market
5.7.1 Rest of Asia Pacific Shea Butter Market by Product
5.7.2 Rest of Asia Pacific Shea Butter Market by Application

Chapter 6. Company Profiles
6.1 AAK AB
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional & Segmental Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Acquisition and Mergers:
6.2 Bunge Limited
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Approvals and Trials:
6.2.5.2 Geographical Expansions:
6.3 BASF SE
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Partnerships, Collaborations, and Agreements:
6.4 Archer-Daniels-Midland Company
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Clariant AG
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.6 Croda International PLC
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 Recent strategies and developments:
6.6.5.1 Partnerships, Collaborations, and Agreements:
6.7 Cargill, Incorporated
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Acquisition and Mergers:
6.8 Stern-Wywiol Gruppe GmbH & Co. KG
6.8.1 Company Overview
6.9 OLVEA Group
6.9.1 Company Overview
6.10. 3F Industries Ltd.
6.10.1 Company Overview
TABLE 1 Asia Pacific Shea Butter Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Shea Butter Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Raw & Unrefined Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Raw & Unrefined Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Refined Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Refined Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Cosmetics & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Cosmetics & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Food Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Food Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Shea Butter Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Shea Butter Market by Country, 2022 - 2028, USD Million
TABLE 19 China Shea Butter Market, 2018 - 2021, USD Million
TABLE 20 China Shea Butter Market, 2022 - 2028, USD Million
TABLE 21 China Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 22 China Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 23 China Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 24 China Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 25 Japan Shea Butter Market, 2018 - 2021, USD Million
TABLE 26 Japan Shea Butter Market, 2022 - 2028, USD Million
TABLE 27 Japan Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 28 Japan Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 29 Japan Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 30 Japan Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 31 India Shea Butter Market, 2018 - 2021, USD Million
TABLE 32 India Shea Butter Market, 2022 - 2028, USD Million
TABLE 33 India Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 34 India Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 35 India Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 36 India Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 37 South Korea Shea Butter Market, 2018 - 2021, USD Million
TABLE 38 South Korea Shea Butter Market, 2022 - 2028, USD Million
TABLE 39 South Korea Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 40 South Korea Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 41 South Korea Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 42 South Korea Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 43 Singapore Shea Butter Market, 2018 - 2021, USD Million
TABLE 44 Singapore Shea Butter Market, 2022 - 2028, USD Million
TABLE 45 Singapore Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 46 Singapore Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 47 Singapore Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 48 Singapore Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 49 Malaysia Shea Butter Market, 2018 - 2021, USD Million
TABLE 50 Malaysia Shea Butter Market, 2022 - 2028, USD Million
TABLE 51 Malaysia Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 52 Malaysia Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 53 Malaysia Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 54 Malaysia Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Shea Butter Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Shea Butter Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 61 Key information – AAK AB
TABLE 62 Key Information – Bunge Limited
TABLE 63 Key Information – BASF SE
TABLE 64 key Information – Archer Daniels Midland Company
TABLE 65 Key Information – Clariant AG
TABLE 66 Key Information – Croda International PLC
TABLE 67 Key Information – Cargill, Incorporated
TABLE 68 Key Information – Stern-Wywiol Gruppe GmbH & Co. KG
TABLE 69 Key Information – OLVEA Group
TABLE 70 Key Information – 3F Industries Ltd.

List of Figures
FIG 1 Methodology for the research

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