Shea Butter Market Highlighting Major Drivers & Trends, 2018-2026 Industry players-Star Shea Ltd., Bread For Life, All Pure Nature Ltd. Lovinah Naturals Shea Radiance, Jedwards International, Inc., Maison Karite Sociedad Limitada, Vink Chemicals Gmbh & Co
The Shea butter market is majorly driven by its adoption as a substitute to cocoa butter in the chocolate industry. Different parts of the Shea tree such as roots, stems, leaves, fruits and the bark are used for the treatment of various diseases and infections such as wound infections, dysentery, skin diseases, diarrhea, and gastrointestinal tract infections. Shea butter is used as a treatment for inflammation of the nasal congestion, nostrils, cough, leprosy and rheumatism and in treatments of minor bone dislocation.
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Utilization of Shea butter as a cosmetic ingredient is expected to be major driving factor for growth of the Shea butter market over the forecast period. Shea butter has application in cosmetics as a sun screening agent. Furthermore, it helps softening in of the skin and tissue cell regeneration. Collagen and elastin present in Shea butter has anti-aging properties. These factors are expected to fuel growth of the personal care segment in Shea butter market during the forecast period.
Africa is expected to gain major traction in Shea butter market, over the forecast period (2018 - 2025). The Shea tree is found in the western and eastern regions of Africa, which are namely Ghana, Benin, Chad, Cameroon, Burkina Faso, Ethiopia, Central African Republic, Mali, Cote D’Ivoire, Guinea Bissau, Senegal, Nigeria, Sierra Leone, Niger, Togo, Sudan, Guinea, Uganda, and Zaire. According to USAID, the Shea industry in West Africa is rapidly expanding.
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The major players in the shea butter market include, Star Shea Ltd., Bread For Life, All Pure Nature Ltd. Lovinah Naturals Shea Radiance, Jedwards International, Inc., Maison Karite Sociedad Limitada, Vink Chemicals Gmbh & Co. Kg, Shebu Industries, Shea Therapy Ltd, and The Pure Company.
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