Mango Butter Market size worth $163.4 million by 2027 with Top Key Players - Avi Natural, HallStar Company, Natural Sourcing, LLC

Mango butter is a soft, semisolid, creamy textured, organic butter with mild & sweet aroma, which is extracted from shelled kernel of the tropical fruit mango. It was first invented and used for commercial use by All Organic Trading (AOT) in 2011 and became available as a bio-certified ingredient for cosmetics in 2013. This natural ingredient is emollient, softening, and soothing to the skin along with high oxidative ability, wound healing, and regenerative abilities. In terms of consistency, mango butter is similar to shea & cocoa butter, but differs in fatty acid content.

The mango butter market size was valued at $100.4 million in 2019, and is projected to reach $163.4 million by 2027, growing at a CAGR of 13.0% from 2021 to 2027.

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The growth of the global mango butter market is majorly driven by increase in demand from the personal care industry, as it is used in the treatment of acne, dry & itchy skin, chapped lips, frostbite, psoriasis, rashes, stretch marks, and sunburn.

However, mango butter is a relatively new product, thus, its high cost hampers the market growth. On the contrary, increase in R&D activities to produce mango butter with enhanced attributes and make it available at less cost is expected to provide potential growth opportunities for the mango butter market forecast period.

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The rapidly growing cosmetic industry is significantly contributing to strengthen the global economy. Plant-based ingredients such as exotic lipids/fats obtained from de-shelled, pressed fruit kernels of shea, mango, and kokum tree are gaining traction in the cosmetic as well as pharmaceutical industries. This is attributable to the fact that they exhibit multiple properties that make them suitable for skin care. For instance, these natural lipids possess high oxidative resistance and are biocompatible, having no deleterious effects on the skin.

The mango butter industry is still in its establishment phase, and is growing with a notable rate. Presently, the use of mango butter has been witnessed to increase considerably in cosmetic, pharmaceutical, and food industries.

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Some of key companies profiled in the report include All Organic Treasure, Alzo International Incorporated, Avi Natural, Manorama Industries Limited, Ekologie Forte Pvt. Ltd., HallStar Company, Jarchem Industries Inc., Henry Lamotte Oils GmbH, Madina Industrial Corp., and Natural Sourcing, LLC.

Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging mango butter market trends and opportunities in the market.
The report provides detailed qualitative and quantitative market analysis of current trends and future estimations that help evaluate the prevailing mango butter market opportunities.
The key countries in all major regions are mapped on the basis of mango butter market share.
A comprehensive analysis of the factors that drive and restrict the mango butter market growth is provided.
An extensive mango butter market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential segments and regions exhibiting favorable growth.

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