According to a new report, published by KBV research, The Global Mango Butter Market size is expected to reach $283.6 million by 2030, rising at a market growth of 11.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,667.5 tonnes, experiencing a growth of 11.4% (2019-2022).
Consumers increasingly seek natural and organic alternatives in skincare, haircare, and food products. This trend has propelled the demand for mango butter, a natural ingredient derived from the seeds of the mango fruit. Consumers become more conscious of synthetic chemicals and additives’ potential health and environmental impacts, so they gravitate towards products containing natural ingredients like mango butter.
The clean beauty trend has gained traction in cosmetics, using non-toxic, eco-friendly components. With its natural origin and beneficial properties, mango butter aligns with the principles of clean beauty and is increasingly being incorporated into skincare and haircare formulations. Brands leverage mango butter’s moisturizing, nourishing, and antioxidant-rich qualities to appeal to consumers seeking safer, greener alternatives.
The Cosmetics segment dominated the Global Mango Butter Market by Application in 2022; thereby, achieving a market value of $147.6 Million by 2030. Consumers are increasingly seeking skincare products formulated with natural ingredients. Mango butter, derived from the mango fruit’s seeds, aligns well with this trend. Its natural origin appeals to consumers who are concerned about avoiding synthetic chemicals and prefer gentle products on their skin. Vitamin A promotes cell regeneration, while vitamin E protects against free radicals contributing to premature aging. These properties make mango butter a valuable addition to anti-aging skincare formulations.
The Unrefined segment is experiencing a CAGR of 13% during (2023 - 2030). Unrefined mango butter retains more nutrients, antioxidants, and beneficial compounds than its refined counterpart. The absence of refinement processes such as bleaching and deodorizing preserves the natural integrity of the butter, ensuring that essential vitamins, minerals, and fatty acids remain intact. Unlike refined mango butter, which undergoes processes to remove impurities and odors, unrefined mango butter retains its natural aroma and flavor profile. This characteristic tropical scent and taste add a unique sensory dimension to culinary creations, enhancing the flavor and appeal of dishes such as desserts, baked goods, sauces, and dressings.
Full Report: https://www.kbvresearch.com/mango-butter-market/
The Europe region dominated the Global Mango Butter Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $103.1 Million by 2030. The North America region is poised to grow a CAGR of 10.8% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 12.1% during (2023 - 2030).
By Application (Volume, Tonnes, USD Million, 2019-2030)
By Type (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Tonnes, USD Million, 2019-2030)
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