Cupuacu Butter Market to Reach Valuation of ~Us$ 62 MN by 2030 | CAGR of ~6.3% | Beraca Ingredientes Naturais SA., Hallstar, Henry Lamotte Oils GmbH, Jarchem Industries Inc., Butters.Si, BIOBRAZIL BOTANICALS
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Cupuaçu Butter Market: Overview
The global cupuaçu butter market is estimated to value at ~ US$ 34 Mn in 2020, finds Transparency Market Research (TMR) in a recent study. According to the report, the market is anticipated to reach ~US$ 62 Mn by 2030, at a CAGR of ~6.3%.
Factors impacting the rising demand are unique herbal benefits of cupuaçu butter for skin and wide application in personal care and cosmetic products across the globe. In addition to this, the emergence of clean label products and increasing product innovation is witnessing favorable condition for growth.
Rising adoption of vegan lifestyles is one of the key reasons propelling growth of cupuaçu butter market. In addition, the cupuaçu butter market is gaining traction among skin conscious consumers, as they prefer organic and herbal products over conventional products.
Cupuaçu Butter : Market Frontrunners
Conventional, by nature, was the leading segment in 2020 accounting for approximately 85.8% of the market. Furthermore, the organic segment accounts for ~14.1% of the market in terms of value.
The unrefined segment is leading the global market in terms of grade type, followed by refined and highly refined. These segments accounted for 40.8%, 51.2%, and 8.1% of the market, respectively, on the basis of value in 2020.
North America leads the global market followed by Europe, Asia Pacific excluding Japan, and Oceania
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Key Questions Answered in Cupuacu Butter Market Report
Which region will continue to remain the most profitable regional market for cupuacu butter market players?
Which factors will induce a change in the demand for cupuacu butter during the assessment period?
How will the changing trends impact the cupuacu butter market?
How can market players capitalize on the low-hanging opportunities in the cupuacu butter market in developed regions?
Which companies are leading the cupuacu butter market?
What are the winning strategies of stakeholders in the cupuacu butter market to catapult their position in the forefront?
Cupuaçu Butter Market Segmentation
Cupuaçu Butter Market by Nature
Cupuaçu Butter Market by Grade
Cupuaçu Butter Market by End Use
Cosmetic & Personal Care
Lotions & Creams
Lip Balm & Lipsticks
Sun Care Products
Soap & Toiletries
Shampoo & Conditioners
Cupuaçu Butter Market by Distribution Channel
Independent Small Groceries
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Cupuaçu Butter Market by Region
Rest of Latin America
Rest of Europe
Middle East & Africa
Rest of MEA
Asia Pacific Excl. Japan
Rest of APEJ
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