LAMEA 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

The Latin America, Middle East and Africa Shea Butter Market would witness market growth of 9.8% CAGR during the forecast period (2022-2028).

Shea butter in the beauty industry is used in products like hair treatment products for dry and damaged hair, anti-wrinkle and anti-aging cream products, body and face moisturizing products, and aftersun and sunburn relief products. Some emerging uses of shea butter include the development of stretch mark prevention products, hair treatment for dry scalp products, aftershave and shaving creams that reduce skin irritation, and baby care products. Shea butter is also used in products that ease muscle pain & fatigue and treat insect bites & stings.

High-quality products developed from unrefined and raw shea butter are free from preservatives and other artificial additives. Such products are also rich in vitamins and minerals like magnesium, potassium, etc. the availability of vitamins A, E, and F provide the product with anti-inflammatory, anti-aging, and anti-wrinkle abilities that help in reducing lines, spots, and wound scars. Additionally, shea butter can also be used as a substitute for hardened fats like animal-derived fats and vegetable oils in the food and beverages industry. Its hydrating properties also make it an apt alternative to coconut oil or other emollient bases in the manufacturing of creams, balms, ointments, and salves.

In Africa, shea butter is widely known as Women’s Gold, as most women of the region are engaged in the cultivation of shea nuts. Hence, it is responsible for millions of women’s livelihoods. In certain African countries like Benin, shea butter is widely used as cooking oil. It is also used as a waterproofing wax for candle-making and hairdressing and as a constituent in medicinal ointments. In addition, Shea butter is also used for increasing the durability of traditional percussion instruments of the region, like djembe shells, along with improving the durability of leather tuning straps and dried calabash gourds.

The Brazil market dominated the LAMEA Shea Butter Market by Country in 2021; thereby, achieving a market value of $56.7 million by 2028. The Argentina market is estimated to grow at a CAGR of 10.4% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 9.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Shea Butter Market is Predict to reach $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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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 LAMEA Shea Butter Market, by Product
1.4.2 LAMEA Shea Butter Market, by Application
1.4.3 LAMEA 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. LAMEA Shea Butter Market by Product
3.1 LAMEA Raw & Unrefined Market by Country
3.2 LAMEA Refined Market by Country

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

Chapter 5. LAMEA Shea Butter Market by Country
5.1 Brazil Shea Butter Market
5.1.1 Brazil Shea Butter Market by Product
5.1.2 Brazil Shea Butter Market by Application
5.2 Argentina Shea Butter Market
5.2.1 Argentina Shea Butter Market by Product
5.2.2 Argentina Shea Butter Market by Application
5.3 UAE Shea Butter Market
5.3.1 UAE Shea Butter Market by Product
5.3.2 UAE Shea Butter Market by Application
5.4 Saudi Arabia Shea Butter Market
5.4.1 Saudi Arabia Shea Butter Market by Product
5.4.2 Saudi Arabia Shea Butter Market by Application
5.5 South Africa Shea Butter Market
5.5.1 South Africa Shea Butter Market by Product
5.5.2 South Africa Shea Butter Market by Application
5.6 Nigeria Shea Butter Market
5.6.1 Nigeria Shea Butter Market by Product
5.6.2 Nigeria Shea Butter Market by Application
5.7 Rest of LAMEA Shea Butter Market
5.7.1 Rest of LAMEA Shea Butter Market by Product
5.7.2 Rest of LAMEA 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 LAMEA Shea Butter Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Shea Butter Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA Raw & Unrefined Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Raw & Unrefined Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Refined Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Refined Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 10 LAMEA Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 11 LAMEA Cosmetics & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Cosmetics & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Food Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Food Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Shea Butter Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Shea Butter Market by Country, 2022 - 2028, USD Million
TABLE 19 Brazil Shea Butter Market, 2018 - 2021, USD Million
TABLE 20 Brazil Shea Butter Market, 2022 - 2028, USD Million
TABLE 21 Brazil Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 22 Brazil Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 23 Brazil Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 24 Brazil Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 25 Argentina Shea Butter Market, 2018 - 2021, USD Million
TABLE 26 Argentina Shea Butter Market, 2022 - 2028, USD Million
TABLE 27 Argentina Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 28 Argentina Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 29 Argentina Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 30 Argentina Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 31 UAE Shea Butter Market, 2018 - 2021, USD Million
TABLE 32 UAE Shea Butter Market, 2022 - 2028, USD Million
TABLE 33 UAE Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 34 UAE Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 35 UAE Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 36 UAE Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 37 Saudi Arabia Shea Butter Market, 2018 - 2021, USD Million
TABLE 38 Saudi Arabia Shea Butter Market, 2022 - 2028, USD Million
TABLE 39 Saudi Arabia Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 40 Saudi Arabia Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 43 South Africa Shea Butter Market, 2018 - 2021, USD Million
TABLE 44 South Africa Shea Butter Market, 2022 - 2028, USD Million
TABLE 45 South Africa Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 46 South Africa Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 47 South Africa Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 48 South Africa Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 49 Nigeria Shea Butter Market, 2018 - 2021, USD Million
TABLE 50 Nigeria Shea Butter Market, 2022 - 2028, USD Million
TABLE 51 Nigeria Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 52 Nigeria Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 53 Nigeria Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 54 Nigeria Shea Butter Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of LAMEA Shea Butter Market, 2018 - 2021, USD Million
TABLE 56 Rest of LAMEA Shea Butter Market, 2022 - 2028, USD Million
TABLE 57 Rest of LAMEA Shea Butter Market by Product, 2018 - 2021, USD Million
TABLE 58 Rest of LAMEA Shea Butter Market by Product, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Shea Butter Market by Application, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA 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